media release Shareholders Approve Dividend April 25, 2006 PRESS RELEASE: Shareholders of Akzo Nobel today approved the 2005 annual accounts and approved the dividend for the 2005 financial year at EUR 1.20 per common share. Arnhem, the Netherlands, April 25, 2006 – Shareholders of Akzo Nobel (Euronext Amsterdam: AKZ; Nasdaq: AKZOY) today approved the 2005 annual accounts and approved the dividend for the 2005 financial year at EUR 1.20 (2004: EUR 1.20) per common share. results in a dividend payment of EUR 343 million, representing a payout ratio of 36% relative to net income. An interim dividend of EUR 0.30 was paid in October 2005, which means the final dividend will be EUR 0.90 per share. The final dividend will be made payable from May 5, 2006, and Akzo Nobel shares will be traded ex-final dividend on Euronext Amsterdam from April 27, 2006. Changes in the Supervisory Board of May 1, Maarten van den Bergh will become Chairman of Akzo Nobel’s Supervisory Board. He will succeed Aarnout Loudon, who will resign from the Supervisory Board as of the same date. His departure brings to an end a long and distinguished career with Akzo Nobel and the company wishes to express its gratitude and appreciation for his invaluable contribution. Van den Bergh is Chairman of Lloyds Bank plc and a non-executive director of Royal Dutch Shell plc., BT Group and British Airways. Burgmans—Chairman of Unilever N.V. and Unilever plc—and Louis R. Hughes—Chief Executive Officer of GBS Laboratories—were both appointed to the Supervisory Board for four-year terms, effective May 1, 2006. They succeed retiring Chairman Loudon and Lars Thunell, who resigned in November 2005 following his appointment to the World Bank. Vuursteen and Alain Mérieux were both reappointed for another term.