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2016-02-11

Akzo Nobel NV: Media release AkzoNobel

February 11, 2016

AkzoNobel confirms it is in discussions with BASF with regards a potential
purchase of their Industrial Coatings business.

The strategy of AkzoNobel of driving operational excellence and organic growth
includes the possibility to pursue value generating, bolt-on acquisitions.

No further details will be made available at this stage.

- - -

AkzoNobel is a leading global paints and coatings company and a major producer
of specialty chemicals. Calling on centuries of expertise, we supply
industries and consumers worldwide with innovative products and sustainable
technologies designed to meet the growing demands of our fast-changing
planet. Headquartered in Amsterdam, the Netherlands, we have approximately
45,000 people in around 80 countries, while our portfolio includes well-known
brands such as Dulux, Sikkens, International, Interpon and Eka. Consistently
ranked as one of the leaders in the area of sustainability, we are committed
to making life more liveable and our cities more human.

Not for publication - for more information

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| Corporate Media Relations Corporate Investor Relations |
| T +31 (0)88 - 969 7833 T +31 (0)88 - 969 7854 |
| Contact: Diana Abrahams Contact: Lloyd Midwinter |
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Safe Harbor Statement

This press release contains statements which address key issues such as
AkzoNobel's growth strategy, future financial results, market positions,
product development, products in the pipeline and product approvals. Such
statements should be carefully considered, and it should be understood that
many factors could cause forecasted and actual results to differ from these
statements. These factors include, but are not limited to, price
fluctuations, currency fluctuations, developments in raw material and
personnel costs, pensions, physical and environmental risks, legal issues,
and legislative, fiscal, and other regulatory measures. Stated competitive
positions are based on management estimates supported by information provided
by specialized external agencies. For a more comprehensive discussion of the
risk factors affecting our business please see our latest annual report, a
copy of which can be found on our website www.akzonobel.com

20160211 Media release AkzoNobel
http://hugin.info/130660/R/1985316/728138.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Akzo Nobel NV via Globenewswire

HUG#1985316

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