FORM 6-K
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                        Report of Foreign Private Issuer

                        Pursuant to Rule 13a-16 or 15d-16
                     of the Securities Exchange Act of 1934



For the month of December 2005

Commission File Number 333-7182-01


                                   CEZ, a. s.

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                 (Translation of registrant's name into English)

                                c/o Duhova 2/1444
                                 140 53 Prague 4
                                 Czech Republic

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                    (Address of principal executive offices)

Indicate by check mark whether the registrant  files or will file annual reports
under cover Form 20-F or Form 40-F.

                      Form 20-F. X       Form 40-F
                                ---               ---

Indicate by check mark if the  registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): ____

Indicate by check mark if the  registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): ____

Indicate by check mark whether by furnishing the  information  contained in this
Form,  the  registrant  is  also  thereby  furnishing  the  information  to  the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                       Yes       No  X
                           ---      ---

If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- ________

<PAGE>


The  following  information  was filed by CEZ, a. s. in Czech  language with the
Prague Stock Exchange as required by its rules and regulations:


                       Changes at Board Level of CEZ Board


Today's  Election by the CEZ  Supervisory  Board  Brings  Forth a New BoD Member
Effective As of Today:  Daniel  Benes,  Head of  Purchasing of CEZ. Petr Voboril
Steps Down From the Board As of Today.

As a consequence  of the fact that,  effective as of January 1, 2006, the shares
of the  National  Property  Fund pass to the state  (that is,  the  Ministry  of
Finance),  the members of the  company's top  management  are required to comply
with the conditions  stipulated by Act No. 451/91 Coll., on the requirements for
the performance of certain positions of state bodies and organizations. For want
of compliance  with the  conditions of said act, Petr Voboril  resigned from the
company's  board of  directors.  Petr  Voboril  remains a part of the  company's
management as the director of the finance division.

"Neither CEZ nor Petr Voboril  desire to be in any way in conflict with the law,
which is why we  effected  this step.  Petr  Voboril is  doubtlessly  one of the
greatest experts in the energy industry, who enjoys trust within the company, as
well as outside  it. It is crucial  for CEZ that he  continues  to perform in an
executive  post at CEZ. He is building the team that will make CEZ the leader on
the central and eastern European  electricity market; Petr Voboril is one of the
key managers for making this vision come true," commented Martin Roman, Chairman
of the Board and CEO of CEZ.


Daniel Benes (1970)

graduated  from the  Faculty of  Mechanical  Engineering  at the Mining  College
Ostrava. From 1993 to 1997, he acted as head of sales at Bohemiacoal,  and later
as the  director of Hedviga  Group.  From 2000 to 2004,  he was  director of the
Tchas  plant.  In 2004,  he joined CEZ as head of  purchasing.  Daniel  Benes is
unmarried; among his interests are squash, water sports, movies, and nature.

<PAGE>

                                   Signatures

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.


                                                         CEZ, a. s.

                                                    ----------------------------
                                                         (Registrant)


                                                 By: /s/ Libuse Latalova
                                                    ----------------------------
                                                         Libuse Latalova
                                                  Head of Finance Administration




Date:  December 15, 2005