Amsterdam, the Netherlands, April 28, 2008 — AkzoNobel (Euronext Amsterdam: AKZ) has announced that, in line with the launch of its EUR 1 billion share buyback program on March 17, 2008, the company has repurchased 1,044,750 ordinary shares in the period April 21 until April 25, 2008. Shares were repurchased at an average price of EUR 54.56.
The EUR 1 billion program is the first tranche of a EUR 3 billion share buyback program.
For detailed information on the daily repurchased shares, see the AkzoNobel website at http://www.akzonobel.com/investor_relations/share_buyback_overview/index.aspx