According to HN daily, CEZ will publish electricity prices for 2008 this week. It is expected that electricity prices for households will increase by 10% and for companies by 15%. The 2008 prices are based on August prices on the Prague Energy Exchange where the price for 2008 was fixed at EUR 50.4.
We see the price development to be inline with our expectation; therefore we see it as neutral. In addition to price development (126 EUR, -0,70%) became the second market maker on the PXE, CEZ was the first one.