Issuance Terms and Conditions of the 98th Issue (T-Bond 0.00%, 19 - CZ0001004717)

The estimated total nominal value of the issue of Bonds is 50 000 000 000 CZK (in words: fifty billion Czech koruna). In accordance with s. 7 of the Bonds Act, Act No. 190/2004 Coll. as amended the Bonds may be issued in smaller or larger volume than the estimated total nominal value of the issue. The possible increase in the volume of the issue is 20 000 000 000 CZK (in words: twenty billion Czech koruna).