Press releases pg. 180

CEZ Power Company became the first company in the Central and Eastern Europe to promote its product by means of a publicity train engine of the Czech Railways (CeskĂ© drahy). Our railroads will see a "Rainbow Locomotive", which will be promoting the Rainbow Electricity generated by CEZ. This is a unique advertising project, not only within the Czech Republic.

The Czech power provider CEZ is celebrating its tenth anniversary today. The company was established on 6 May 1992 by the Czech State Property Fund. It was one of the new entities emerging from the assets of Ceské energetické zavody (Czech Power Company). Its major focus became the production of electricity, which was then sold primarily to regional distribution companies.

In the first quarter of this year, the CEZ Power Company generated a net profit of 5.1 billion CZK, which translates into an increase by 1.8 billion CZK, i.e. by 55%, in comparison with the same period last year.

CEZ Corporation regards today's decision of the Czech government to interlink regional distribution companies as beneficial for maintaining the position of the Czech power industry within the Central-European region.