media release

AkzoNobel share buyback program (week 31 of 2008)

AkzoNobel has announced that, in line with the launch of its share buyback program on March 17, 2008, the company has repurchased 1,946,721 ordinary shares in the period July 28 until August 1 2008. Shares were repurchased at an average price of €37.81.

The total number of shares repurchased under this program to date is 22,078,984 ordinary shares for a total consideration of € 1.051 billion.

The first €1 billion tranche of the €3 billion share buyback program was concluded by the end of July 2008. The second tranche of €1 billion is expected to be completed by year end 2008.

You can find detailed information on the daily repurchased shares in our Investor Relations section.