Press releases pg. 149

CEZ Power Company has today completed a contract about coal supply with Mostecka uhelna spolecnost (MUS). The contract is variant based on if/how the territorial mining limits will be rationally revalued. The contract can thus be valid for roughly 50 years. The aim of this contract is to provide supplies for at least one brand new power unit in Pocerady and for the complex renewal of three present units in the same place.

A transfer of 4,400 employees and of assets in the amount of 74b CZK will take place within the CEZ Group this year

Moody´s, a credit rating provider, has raised the long-term financial strength rating of the Power Group CEZ to a new, A3 category, from the previous Baa1. Standard & Poor´s raised the rating of CEZ as well this month, when it moved the rating outlook in the BBB+ category from "table" to "positive".

Trade prices will result from market interaction of offer and demand in the whole region of Central Europe and will not be known until the contract period for next year, i. e. during August and September.