Press releases pg. 179

Others

CEZ has renewed its revolving loan

CEZ Power Company signed an official agreement yesterday, thus renewing a revolving loan which had originally been concluded in October 1996 for the amount of $ 200 million repayable over a 5-year period.

31. 1. 2002

Others

CEZ spent more than a billion CZK on ecology last year

The preliminary statistical data indicate that CEZ Power Company invested more than a billion CZK into environmental protection programmes. Considerable funds were invested especially into the areas of treating waste generated by coal-fired power plants (dry removal of flue ashes, the process of re-cultivating landfills and sludge beds), into the adjustments of water economy of the power plants or further optimisation of the plants.

18. 1. 2002

Others

Ales Tomec appointed the new director in charge of hydro-power plants

The Monday meeting of CEZ Executive Board approved Ales Tomec as the newly appointed director of CEZ organisational unit - Hydro-Power Plants. Mr. Tomec was offered this job when he was leaving his position of the Chairman of the Executive Board and the General Director of CEPS, a. s. Ales Tomec assumed his responsibilities in the new position as of January 15, 2002.

16. 1. 2002

Others

The role of CEZ in the Czech power industry may change

CEZ Power Company noted the governmental decision to call off the tender which had been aimed at privatising CEZ and the six distribution companies. CEZ has always regarded the entrance of a strategic partner as an essential precondition for maintaining and strengthening the position of Czech power industry within the competitive environment of the European market.

11. 1. 2002