As expected CEZ’s AGM approved a dividend of 9 CZK per share. The company confirmed its dividend policy going forward assuming 50% increase in the mid-term from 8 CZK/share paid last year. The AGM also approved termination of the option plan to Supervisory Board. CEZ’s CEO, Martin Roman, said that its FY2005 unconsolidated net income should reach 13.5bn CZK, which is 0.5bn CZK (0.8 CZK per share) higher than previous estimate. Roman also added that CEZ is interested in the privatization of Severoceske doly.