media release

Akzo Nobel Share Buyback Program (Week 28)

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 1,723,352 common shares in the period July 9 until July 13, 2007.

 Arnhem, the Netherlands, July 16, 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 1,723,352 common shares in the period July 9 until July 13, 2007.

were repurchased at an average price of EUR 64.03 for a total amount of EUR 110.3 million.

total number of shares repurchased under this program to date is 12,963,033 common shares for a total consideration of EUR 794.2 million.

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

 

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