CEZ is reviewing “many factors” affecting its earnings including the sale of Chvaletice plant for 4.12 bln. CZK and and agreement on long-term coal supply with Czech Coal to Pocerady plant, CFO Martin Novak said in an interview after a conference in Prague. /Neutral, Note Chvaletice sale to add about CZk 2 bln to net profit this year, and supply contract with Czech Coal to boost operating profit by Czk 1.5-2 bln. We think 45 CZK dividend may be therefore preserved both in 2013 and in 2014/ CEZ: Bulgarian prosecutors should complete a probe of local distributors controlled by CEZ, Austria’s EVN AG and Energo-Pro today (March-22), before releasing conclusions. / The prosecution can only propose to the energy regulator to discuss administrative penalties or license revocation based on established violations. Bulgaria’s energy regulator started procedures to revoke the license held by CEZ on Feb. 20 and the commission will rule on April 16. CEZ has repeatedly denied any wrongdoing