Landis+Gyr Selected by CEZ Group for Three Milestone Contracts

New Opportunities Cover ICG and Residential Sectors in Central and Eastern Europe

ZUG, Switzerland, October 5, 2010 - Landis+Gyr, the world's leading provider of integrated energy management
solutions today announced it has been selected by the CEZ Group, a Czech
utility, for three distinct energy projects. Landis+Gyr is to conduct CEZ's
first residential smart metering pilot project in the Czech Republic. The two
companies will also establish multi-energy metering in the Czech ICG sector
and enter the Albanian market with Landis+Gyr's SuperConverge, the largest
industrial, commercial and grid meter data system in Europe.

Landis+Gyr will supply 10,000 smart meters for the CEZ Group's 40,000
metering point pilot project in the Czech Republic. Moreover, the company's
Gridstream solution, including head-end software and Meter Data Management
System for data processing will be deployed for the whole project.

The ICG projects build upon the existing SuperConverge contract between
Landis+Gyr and CEZ, essentially doubling the 43,000 metering points it
currently operates throughout the Czech Republic, Romania and Bulgaria to
reach a total of 85,000 discrete meters.

Jaroslav Hendrych, Country Manager at Landis+Gyr in the Czech Republic
says, "These three new opportunities to work with such a long-standing and
respected customer like the CEZ Group are a major accomplishment. We are
looking forward to seeing the outcome of the smart metering pilot project,
which could lead to the development of a smart grid environment here in the
Czech Republic. The additional ability to expand the SuperConverge system to
Czech multi-energy utilities and into a new and developing market such as
Albania will deliver excellent benefits to all."

Martin Michek, Commercial Director of CEZ Mereni, says: "In autumn
2010, a multi-energy pilot project for the Czech heating industry was
launched and it is due to be complete by the end of the year. The rollout of
data acquisition and processing from heat meters belonging to the CEZ Group
will begin in 2011. The rollout of SuperConverge in Albania follows the
successful launch and operation of the data central station in Romania and
Bulgaria. SuperConverge is being integrated gradually to the CEZ Group's IT
systems and we are confident it will result in higher quality metering
services. We highly appreciate the present cooperation with Landis+Gyr. From
our suppliers we require a professional attitude, individual approach and a
fast solution. These parameters are covered definitely by Landis+Gyr."

Landis+Gyr is participating in each of the three smart metering pilot
projects currently occurring throughout the Czech Republic, which has 5.5
million electricity metering points. The CEZ Group owns 3.5 million of these
points, and its pilot project is the most extensive.

About Landis+Gyr

Landis+Gyr is the leading provider of integrated energy management
solutions tailored to energy company needs. With a global presence and a
reputation for quality and innovation, Landis+Gyr is unique in its ability to
deliver true end-to-end advanced metering solutions. Today, the Company
offers the broadest portfolio of products and services in the electricity
metering industry, and is paving the way for the the smart grid. With
annualized sales of more than US$1.25 billion, Landis+Gyr operates in 30
countries across five continents, and employs almost 5,000 people with the
sole mission of helping the world manage energy better

About the CEZ Group

CEZ is the leading Central European utility with almost 7 million
customers and generation portfolio of 14,300 MW of installed capacity. Its
market capitalization exceeds 30 billion EUR. Apart from its home base in the
Czech Republic, the CEZ Group is active in more than 10 countries of Central
and Southeastern Europe. In addition to the production of electricity and
heat and their trading and distribution, CEZ Group also deals in
telecommunications, informatics, nuclear research, planning, construction and
maintenance of energy facilities, mining of raw materials and processing of
energy by-products.

Press contact: John Harris, Vice President and Head Communications, Landis+Gyr (Europe) AG, Tel. +41-41-935-64-39, Mobile. +41-76-315-36-10