CEZ IN ROMANIA Poate deveni Romania un hub energetic pentru Europa de Sud-Est? Anul marilor investitii in energie Bucuresti– Aprilie 29, 2010 Juan Saez Business Development Director CEZ Romania

CEZ GROUP IS PRESENT IN MORE THAN 10 COUNTRIES FROM CENTRAL AND SOUTH EASTERN EUROPE 1

CEZ GROUP IS ON TOP 10 POWER ULTILIY COMPANIES IN EUROPE 2 Source: Bloomberg, Annual reports

CURRENT LEVEL OF DEBT IS LOW; EASY ACCES TO LOANS

Timisoara Arad Oradea Satu Mare Alba lulia Bistrita Tîrgu Jiu Deva Drobeta- Turnu Severin Suceava Botosani Iasi Vaslui Sibiu Zalau Miercurea Ciuc Rîmnicu Vîlcea Brasov Pitesti Sfîntu Gheorghe Slatina Focsani Galati Buzau Ploiesti Slobozia Calarasi Giurgiu Alexandria Braila Tirgoviste Tulcea Tîrgu Mures Piatra Neamt Bacau Resita Baia Mare Cluj-Napoca Constanta Craiova Bucuresti Sales and distribution services CEZ GROUP IN ROMANIA Sales services Electrocentrale Galati – joint venture  Majority Shareholder  Objective: construction of a new CCGT 400 MW Wind Park in Fantanele & Cogealac Biggest on shore wind park in Europe  Installed capacity: 600 MW  Total investment: 1.1 billion Euro  First stage: 139 turbines GE 2,5 MW - in 2010  Second stage: 101 turbines- in 2011 Cernavoda Units 3&4 - Energonuclear  CEZ owns 9.15 %  Romanian state announced its intention to diminish the participation CEZ DISTRIBUTIE and CEZ VANZARE  CEZ, a.s. bought 51% in 2005 for 165 mio. Euro  October 2009, CEZ a.s. placed a call option for 375 mio. Euro, buying 30% from Fondul Proprietatea and 19% from SC Electrica SA  The annual investment program for the distribution network is almost 50 mio. Euro

CEZ IS DEDICATED TO KEEPING A CONSISTENT PUBLIC FRIENDLY POLICY TO THE COMMUNITIES Selected public related activities of CEZ  Long-term partner for the communities  Acknowledging its role and supporting their development Partnership with communities  CEZ is currently building its relationship and involvement as partner, discussions with both the authorities and citizens  The village's infrastructure and facilities for the people are just some of the focus subjects  Dedicated to improving the quality of life in the community Supporting the local infrastructure projects  Creating jobs for local citizens  Choosing local companies as partners (Eraos, Fantanele – construction works)  Supporting commerce (economical development) of the area Sub-constructing work to local companies 5

Pouring of blinding concreteMounting of ring for foundation Pouring of blinding concrete Construction of adapter ring and steel installation PICTURES FROM THE WIND PARK SITE (1) 6

Installation of cablesInstallation of adaptor ring PICTURES FROM THE WIND PARK SITE (2) 7

Installation of first WTG (FE8) PICTURES FROM THE WIND PARK SITE (3) 8

Installation of blades PICTURES FROM THE WIND PARK SITE (4) 9

PICTURES FROM THE WIND PARK SITE (5) 10

PICTURES FROM THE WIND PARK SITE (6) 11

PICTURES FROM THE WIND PARK SITE (7) 12

THANK YOU FOR YOUR ATTENTION!