Akzo Nobel NV : AkzoNobel to divest Building Adhesives business to Sika AG for €260 million

Akzo Nobel NV : AkzoNobel to divest Building Adhesives business to Sika AG for
                                 €260 million

August 8, 2013

AkzoNobel today announced that it has received a binding offer for the
purchase of its Building Adhesives business by Sika AG for €260 million.
Building Adhesives generated annual revenues of €185 million in 2012.

The transaction, which is expected to be completed in the fourth quarter of
this year subject to regular consultation with employee representatives, will
see all of Building Adhesives' approximately 550 employees as well as its two
manufacturing facilities inRosendahl(Germany) andDamville(France) and its
products and brands transfer to Swiss-based Sika AG.

The intended sale of Building Adhesives follows a strategic review of the
business' fit within AkzoNobel's portfolio. Building Adhesives is a standalone
business within AkzoNobel's Decorative Paints business area, primarily serving
the professional market in North Western Europe with a portfolio of brands and
products including floor and wall leveling compounds, floor adhesives, tile
setting, sealants and floor finishes. Its respected brands include Schönox,
Casco, Cégécol, Synteko and EriKeeper. AkzoNobel's Wood Finishes and Adhesives
business (which also operates under the Casco brand) is not the subject of
this offer.

"We want to focus our Decorative Paints business at AkzoNobel on the strong
strategic paint positions we have in Europe and the growth markets of Asia and
South America," commented AkzoNobel CEO Ton Büchner. "The intended sale of
Building Adhesives is in line with this strategy. In Sika, with its portfolio
of businesses in this industry, we are pleased to have found a good future
home for this business."

Jan Jenisch, CEO of Sika: "Sika is looking forward to welcoming the successful
team from the Building Adhesives business of AkzoNobel. The acquisition will
make Sika a strong player in the interior finishing construction market and
will complement our product range."

The proceeds will be used to repay short-term debt and improve liquidity.
- - -

AkzoNobel is a leading global paints and coatings company and a major producer
of specialty chemicals. We supply industries and consumers worldwide with
innovative products and are passionate about developing sustainable answers
for our customers. Our portfolio includes well-known brands such as Dulux,
Sikkens, International and Eka. Headquartered in Amsterdam, the Netherlands,
we are consistently ranked as one of the leaders in the area of
sustainability. With operations in more than 80 countries, our 50,000 people
around the world are committed to excellence and delivering Tomorrow's Answers

Not for publication - for more information

Corporate Media Relations, tel. +31 20 502 7833 Corporate Investor
Relations, tel. +31 20 502 7854
Contact: Stephen HuftonContact:
Jonathan Atack, Lindsey Sanders

Safe Harbor Statement
This press release contains statements which address such key issues 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 the company's corporate website www.akzonobel.com.

PDF Fille AkzoNobel Press Release 019e


This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.

Source: Akzo Nobel NV via Thomson Reuters ONE
Press spacebar to pause and continue. Press esc to stop.