PRAGUE, Czech Republic, January 30 /PRNewswire/ -- The Czech electricity market operator Operator trhu s elektrinou , a.s., (OTE) launches its operation of the Block electricity market with physical delivery of electricity up to 5 days before the day of delivery on 1st February 2008 according to the previous announcement. The first day electricity blocks (Base, Peak, Off Peak) traded on the Block market on 1st February 2008 will be delivered on 6th February 2008. This new Block market extends trading possibilities for market participants on the short-term electricity market. OTE also organizes the Day-ahead spot electricity market (since 2002) and the Intraday electricity market. The traded amount of electricity on these markets has increased in last few years. Further information about the Block, Day-ahead and Intraday electricity markets as well as about other OTE activities is available at web site http://www.ote-cr.cz

Contact person: Ing. Pavel Maxa Market and Risk Manager email: pmaxa@ote-cr.cz tel: +420296579179 http://www.ote-cr.cz

Address: Operátor trhu s elektrinou, a.s.; Sokolovská 79; 186 00 Praha 8; Czech Republic

Contact person: Ing. Pavel Maxa, Market and Risk Manager, email: pmaxa@ote-cr.cz, tel: +420296579179, http://www.ote-cr.cz