CEZ A.S.

Interest Rate Update/Notice • May 4, 2017

Prague, 2 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 3 May 2017 it will pay regular annual interest payment for the following bond issue:

Aggregate Nominal Amount: CZK 1,250,000,000.00 Maturity: 3 May 2023 Listing: Luxembourg Stock Exchange ISIN: XS0622499787 Interest Payment Frequency: annually Interest rate: 4.6% p.a. Interest Amount: CZK 57,500,000.00

Prague, 3 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 50,000,000.00
Maturity:	4 November 2019
Listing:	Luxembourg Stock Exchange
ISIN:	XS0462797605

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

Sixteenth Interest Period:	4.5.2017 – 6.11.2017
Interest Rate for the Sixteenth Interest Period:	1.001% p.a.