CEZ in correspondence to antimonopoly office decree will organize auction of virtual power plant capacity of 400 MW for 2007. Capacity will be offered in 8 blocks of 50 MW, with summer seasonal decrease to 30 MW. Auction officially starts today, May 31 with registration from June 3 and first round on August 2. We see the news as neutral for today’s trading with CEZ and reiterate our Buy recommendation.