CEZ A.S.

Interest Rate Update/Notice • May 4, 2017

Prague, 4 th May 2017

ČEZ, a. s. (Identification number 45274649) Information Obligation within the meaning of §120c Act No 256/2004 Coll., on Capital Market Undertakings, as amended

ČEZ, a. s. – Interest Payment Notice

ČEZ, a. s. announces that on 5 May 2017 it will pay regular quarterly interest payment for the following bond issue:

Aggregate Nominal Amount: EUR 200,000,000.00 Maturity: 5 February 2018 Listing: Luxembourg Stock Exchange ISIN: XS1354388982 Interest Payment Frequency: quarterly Interest rate: 3month Euribor + 0.55% Interest Amount: EUR 108,540.00

Prague, 4 th May 2017

ČEZ, a. s. (Identification Number 45274649) Information Obligation within the meaning of §120c Act No 256/2004 Coll., on Capital Market Undertakings, as amended

ČEZ, a. s. – Interest Rate Announcement

ČEZ, a. s. as the issuer of the foreign floating rate notes below

Aggregate Nominal Amount of the Issue:	EUR 200,000,000.00
Maturity:	5 February 2018
Listing:	Luxembourg Stock Exchange
ISIN:	XS1354388982

announces the interest rate for the sixth interest period determined in accordance with the final terms:

Sixth Interest Period:	5. 5. 2017 – 7. 8. 2017
Interest Rate for the Sixth Interest Period:	0.221% p.a.