Press releases pg. 107

The international acquisitions of the ČEZ Group have created accumulated net profit amounting almost to 10 billions CZK since the time of their procuration. The EBITDA index has achieved more than 23 billions CZK in the same period.

In accordance with the binding dividend policy, at yesterday’s meeting the Board of Directors of the power company ČEZ decided on a proposal of the sum of the dividend from the last year’s profit to be submitted to the General Meeting of Shareholders which will be held on 13 May 2009. The Board of Directors will propose a gross dividend amounting to 50 CZK per share.

The CEZ Group has signed a contract for the purchase of 100 % shares of the company CZECH HEAT, a. s., from its existing owners. The company owns an own combined source for production of electricity and heat by clean combustion of biomass in Jindřichův Hradec. The produced heat is supplied mainly to central distribution systems of the town of Jindřichův Hradec.

Tirana, Albania, March 11, 2009—The government of Albania and CEZ Group signed a contract for the sale of 76 percent of the shares of the Electricity Distribution Company of Albania (OSSH). CEZ was selected as the winning bidder by the tendering commission already in October 2008. The decision was then confirmed by the Albanian Government after further consultations. IFC, a member of the World Bank Group, advised the Albanian government on structuring the transaction and executing an open, transparent and competitive bidding process. The value of the contract for the majority stake in OSSH is €102 million. Following negotiations ended in today’s signing of the contract. The transaction is expected to be completed in next few months.