Press releases pg. 130

The growth was influenced by historically highest production, increase in electricity sales, cost economies under the integration of CEZ Group and foreign acquisitions, the year-on-year contribution of which almost trebled. Stronger exchange rate of the koruna had a positive effect as well. While revenues were growing, operating expenses costs were successfully kept under control.

Within nine months CEZ Group has generated 1.66 TWh of electrical energy in its renewable sources, nearly the same quantum it produced in the whole previous year

At its yesterday meeting the board of directors of the Warsaw Stock Exchange decided to admit CEZ Power Company shares to trading. As a result, CEZ shares will enter the main market of the Warsaw Stock Exchange tomorrow, October 25, 2006.

Last Friday CEZ set the price for its seven-years issue of eurobonds with a 4.125 % coupon. Deutsche Bank and Societe Generale are the main managers of the issue.