Press releases pg. 163

Today´s special general meeting of the company Vychodoceska Energetika, a.s., which was convened by the company board of directors by request of the majority shareholder Power Company CEZ, a. s., dealt with measures leading to an implementation of the approved outcome of the "Project REAS".

Power Company CEZ has submitted to the Bulgarian Privatization Agency preliminary bids for all three packages of privatized power distributors.

The German-French group of companies Framatome ANP (a common enterprise of Siemens syndicate- 34%, and French state-owned holding Area-66%) was successful in a tender for a construction of a new nuclear unit in Finish Olkiluoto.

Power Company CEZ has chosen BNP Paribas and Merrill Lynch as joint chief managers of the forthcoming issue of eurobonds.