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2017-02-06

AkzoNobel NV: AkzoNobel share repurchase (January 30, 2017 - February 3, 2017)

February 6, 2017

AkzoNobel has repurchased 134,000 of its own ordinary shares in the period
from January 30, 2017 up to and including February 3, 2017, at an average
price of €63.53 per share. The consideration of the repurchase was €8.51
million.

This is part of a repurchase program announced on December 12, 2016. The total
number of shares repurchased under this program to date is 818,000 ordinary
shares for a total consideration of €50.43 million.

The purpose of the program is to neutralize the dilutive effect of stock
dividends paid in 2016.

For more information,
visithttps://www.akzonobel.com/for-investors/shares/share-buyback-overview

- - -

AkzoNobel creates everyday essentials to make people's lives more liveable and
inspiring. As a leading global paints and coatings company and a major
producer of specialty chemicals, we supply essential ingredients, essential
protection and essential color to industries and consumers worldwide. Backed
by a pioneering heritage, our innovative products and sustainable
technologies are designed to meet the growing demands of our fast-changing
planet, while making life easier. 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 a leader in
sustainability, we are dedicated to energizing cities and communities while
creating a protected, colorful world where life is improved by what we do.

Not for publication - for more information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 7590 |
| Contact: Andrew Wood 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.

Media Release - AkzoNobel
http://hugin.info/130660/R/2076046/780688.pdf

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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: AkzoNobel NV via Globenewswire

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