Press releases pg. 158

CEZ Power Company is reorganizing the management of the entire CEZ Group. These changes in the management organization have been presented in the previous days and the VIZE 2008 Project has been launched.

The Board of Directors of the Rainbow Energy Foundation elected and appointed Gabriela Bartikova, a former press officer of the Ministry of Home Affairs, as new director of the foundation yesterday (28 June). Lucie Speratova, who, besides others, has worked for the Charter 77 Foundation-Konto Bariery, was made her deputy. The founder of the Rainbow Energy Foundation, through which its members develop their humanitarian activities, is the CEZ Group. The Rainbow Energy Foundation yearly supports projects amounting to 100 million CZK and belongs to the largest in the Czech Republic. (www.duhovaenergie.cz).

The Board of Directors of the CEZ Power Company appointed Petr Voboril as Vice-Chairman of the Board at their today´s meeting. Alan Svoboda remains as the other Vice-Chairman of the Board.

CEZ Power Company and COPA Retail have concluded an agreement about a sale of the premises in Jungmannova/Charvatova street in Prague 1.