Press releases pg. 156

Others

A strong demand for CEZ´s products leads to electricity price reduction for 2005, compared to the originaly released indicative prices

Based on the analysis of the demand for offered products for 2005, CEZ Power Company has reduced selling wholesale electricity prices for the next year for all prospective buyers, compared to the originally released indicative prices. The overall year-on-year increase will thus be half the value of the electricity prices on neighbouring markets and will reach the amount of less than 11 per cent, compared to the indicative increase of 15.6 %. The lower price rise, compared with foreign countries, will bring higher competitiveness of Czech companies.

7. 9. 2004

Others

CEZ Power Company has submitted an adapted bid for Slovenske elektrarne

CEZ Power Company has today sent the Slovak National Property Fund an adapted bid for purchase of a 66 % share in Slovenske elektrarne, a. s. in accordance with requirements of the Slovak Government.

3. 9. 2004

Others

CEZ Power Company has today signed an agreement about a sale of a 34 % share in CEPS into the hands of the state

CEZ Power Company has today concluded an agreement with the Czech Ministry of Finance about a sale of a 34 % share in CEPS (transmission system operator).

3. 9. 2004

Others

International economic results of CEZ Group January - June 2004

The net profit of CEZ Group increased by 58 per cent

25. 8. 2004