Profit Distribution

On 29th May 2008, the ZSE´s General Assembly approved the proposal for profit distribution:

Proposal for Profit Distribution of ZSE

	Submitted by the ZSE´s General Assembly on 29th May 2008	SKK

	Disposable profit	21,672,735,365
	Contribution to Social Fund	36,838,600
	Renumeration of Statutory Body Members	455,000
	Dividends	2,600,000,000
	Retained Earnings*	19,035,441,765
	Total profit distribution	21,672,735,365
	* accounting profit from reevaluation of assets in the unbundling process - see the details on pp. 35 - 39 of the Notes to the Seperate Financial Statements of Západoslovenská energetika, a.s. - (5) Discontinued operations

On 29th May 2008, the ZSE´s General Assembly approved the proposal for profit distribution of ZSE Distribúcia, a.s.:

	Proposal for Profit Distribution of ZSE Distribúcia
	Submitted by the ZSE´s General Assembly on 29th May 2008	SKK

	Net profit	3,760,744,961
	Contribution to Reserve Fund	376,074,496
	Contribution to Social Fund	2,425,200
	Renumeration of Statutory Body Members	350,000
	Dividends	1,751,774,065
	Retained Earnings	1,630,121,200
	Total profit distribution	3,760,744,961

On 18th June 2008, the General Assembly of ZSE Energia approved the proposal for profit distribution of ZSE Energia, a.s.:

	Proposal for Profit Distribution of ZSE Energia
	Submitted by the General Assembly of ZSE Energia, a.s. on 18th June 2008	SKK

	Net profit	527,574,559
	Contribution to Reserve Fund	40,000,000
	Contribution to Social Fund	3,546,600
	Renumeration of Statutory Body Members	350,000
	Dividends	481,470,020
	Decrease of Loss Carried Forward from Previous Years	61,954
	Retained Earnings	2,145,985
	Total profit distribution	527,574,559