media release

Akzo Nobel Share Buyback Program (week 20)

PRESS RELEASE: Akzo Nobel has announced that, in line with the launch of its EUR 1.6 billion share buyback program on May 3, 2007, the company has repurchased 1,085,000 ordinary shares in the period May 14 until May 18, 2007.

 Arnhem, the Netherlands, May 21, 2007 — Akzo Nobel (Euronext Amsterdam: AKZ; Nasdaq: AKZOY) has announced that, in line with the launch of its EUR 1.6 billion share buyback program on May 3, 2007, the company has repurchased 1,085,000 ordinary shares in the period May 14 until May 18, 2007.

were repurchased at an average price of EUR 59.34 for a total amount of EUR 64.4 million.

total number of shares repurchased under this program to date is 3,045,000 ordinary shares for a total consideration of EUR 179.9 million.

completion of the share buyback program is expected by the end of 2007.

 

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