media release

Akzo Nobel Share Buyback Program (Week 31)

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 1,491,000 common shares in the period July 30 until August 3, 2007.

Arnhem, the Netherlands, August 6, 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 1,491,000 common shares in the period July 30 until August 3, 2007.

Shares were repurchased at an average price of EUR 60.17 for a total amount of EUR 89.7 million.

The total number of shares repurchased under this program to date is 18,072,033 common shares for a total consideration of EUR 1.1 billion.

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

 

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