CEZ expects to sign the fuel contract for NPP Temelin in amount of “several billion CZK” by the end of this year. Approximately 10-year long contract should be signed with either US Westinghouse, which is current supplier of the fuel for Temelin or Russian Tvel that supplies NPP Dukovany. New contract will entitle the winner to secure supplies after 2010. CEZ expects new fuel to be more effective and more resistant against the deformation. This news should not have any material impact on today’s trading with CEZ and we reiterate our Hold recommendation.