Press releases pg. 94

This year in May the company ČEZ drew the revenue office’s attention in writing to its suspicion that the company TES Praha, a.s. could have become an intentional or unintentional party to so-called carousel transactions resulting VAT evasion. In April ČEZ, when these transactions began intensively, it began to suspect that this trader may be breaking the law. Therefore it submitted all source documents to the revenue office. ČEZ also stopped trading with emission tickets and with other companies which used a similar trading model as TES Praha a.s. Standard trading with other reputable partners continues.

Even in the last year, the foreign companies of the CEZ Group experienced processes the purpose of which was to enhance their production capacity. In total, the accumulated EBITDA (operating income) of the foreign companies has amounted to nearly half of the investment. CEZ gains CZK 5.5 billion on dividends.

Fantanele, Romania – Yesterday (1st June) at 5:25 pm. of the local time, the first of a total of 240 wind turbines was commissioned in the project of the largest European wind farm Fantanele – Cogealac which is under construction by the CEZ Energy Company in the Romanian province Dobrogea.

The ČEZ company has delivered the documents regarding effects of the “New nuclear source in the Temelín locality, including power transmission to the Kočín switch yard” on environment today. It is a further step within the process of environmental impact assessment (EIA) that follows the preliminary proceedings and its conclusions.