CEZ said yesterday that price for wholesale electricity for 2006 is not known yet. CEZ has historically set prices for the following year in August/September based on electricity demand and supply. Prices should be influenced by rising prices on markets (+20%) and the auction of 400MW in August. Note that domestic electricity prices are 18% below Germany, 15% below Poland, 10% below Slovakia, 18% below Austria and 22% below Hungary. In our projections we expect the domestic wholesale electricity price to increase by 26% between 2005 and 2010.