Press releases pg. 97

For the first three quarters of this year CEZ, the Power Group achieved a net profit of 44.2 billion CZK which is an interim increase by 6.6 per cent. Especially the sale of electric power for this year already in 2008, before the drop of prices due to the impending recession, contributed to the increase of the net profit. There has been an interim increase of profit despite the overall decrease of electric power consumption due to the continuing economic crises and despite the decrease of spot prices. We still expect the annual net profit to be on the level of 50.2 billion CZK.

Prague, 11 November 2009 – The first big photovoltaic plant is being launched by the CEZ Group in southern Moravia. The facility situated in Hrušovany nad Jevišovkou has an installed power capacity of 3.73 MW. It will produce 3.7 million kWh annually and it will cover the consumption of 1 100 households.

Power Company CEZ and Dalkia Czech Republic have concluded a contract for purchase of 85% share in Dalkia Usti nad Labem for an amount which 100 % equivalent would reach 6.3 billion CZK consisted of a variable and fixed sum. Dalkia Usti nad Labem includes especially the Trmice Heating Plant and approximately 20 per cent share in Tepelné hospodářství Usti nad Labem (the Heat Economy of Usti nad Labem). CEZ will concurrently acquire 15 % of Dalkia ČR itself for 3.6 billion CZK consisted also of a variable and fixed sum.

The period when potential applicants could submit their applications for participation in tender for completion of the Temelín NPP, i.e. construction of two nuclear units, including delivery of fuel and an option for delivery of other three nuclear units in Europe, expired today at 12:00 o’clock.