Press releases pg. 112

With effect from November 2, 2007, three Bulgarian distribution companies of CEZ Group were consolidated into one. EDC Pleven and EDC Sofia oblast ceased to exist on that day and they were consolidated into EDC Stolichno. Thus, Bulgaria went through a process similar to the one domestic distribution companies underwent three years ago.

Decin – Josef Holub (*1951) will become new CEO of CEZ Distribuce, a.s. from January 1, 2008, He will replace Jiri Kudrnac (*1965), who will become director of the division CEZ distribuce, a.s. on the same day.

CEZ power engineering company performed as of 31. 10. 2007 re-financing of the Polish Elcho power plant company to bring it in a better accordance with the long-term financial strategy of the CEZ Group and also to support the synergic effects in the form of financing costs savings.

Today, CEZ Power Company has submitted an offer in a tender to participate in the building and operating of nuclear reactors 3 and 4 at Romania's nuclear power plant Cernavoda.