A government committee should select a CEZ privatization advisor today, though it is not clear whether the advisor will be announced today or next week. The selection of an advisor would be a small but tangible step forward in the privatization process. Separately, in a press release issued this morning, CEZ says that the power supply contracts negotiated with customers this year point to CEZ improving its position on the domestic power market. Elsewhere, CEZ CEO Jaroslav Mil said that recovering domestic market share is now a priority for CEZ, and that CEZ has reduced prices in order to achieve this. Our CEZ recommendation is buy.