AkzoNobel has agreed to sell its Para® and Crown Diamond® decorative
paints brands in Canada to General Paint Corp. The sale is in line
with the commitment package which was agreed with the Canadian
authorities in connection with AkzoNobel's acquisition of Imperial
Chemical Industries plc (ICI) in January.

General Paint is a leading decorative coatings manufacturer in
Canada. Completion is subject to certain customary conditions and the
approval of the Commissioner of Competition. No financial details
were disclosed.

"We are sorry to be ending a long-standing relationship with our Para
and Crown Diamond customers," said Pierre Dufresne President and
General Manager of AkzoNobel Decorative Paints Canada. "We are also
thankful to our employees who will soon be joining the General Paint
organization for their dedicated service over the years. It's clear
that they are joining a company deeply-rooted in the Canadian
decorative paints market."

The deal is expected to be completed on June 30.

The sale of Para and Crown Diamond (which has a similar name but is
in no way connected to AkzoNobel's Crown® brand) is one of three
divestments the company agreed with regulatory authorities in
connection with the ICI acquisition. The divestment of the Crown
business in the UK & Ireland is progressing, while headway is also
being made on the sale of the DeKeyn® and some other brands in
Belgium. Further announcements will be made when appropriate.

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Note to editors
AkzoNobel is proud to be one of the world's leading industrial
companies. Based in Amsterdam, the Netherlands, we make and supply a
wide range of paints, coatings and specialty chemicals - pro forma
2007 revenue totaled ?14.4 billion. In fact, we are the largest
global paints and coatings company. As a major producer of specialty
chemicals we supply industries worldwide with quality ingredients for
life's essentials. We think about the future, but act in the present.
We're passionate about introducing new ideas and developing
sustainable answers for our customers. That's why our 60,000
employees - who are based in more than 80 countries - are committed
to excellence and delivering Tomorrow's Answers Today(TM).

Not for publication - for more information
Akzo Nobel nv
Corporate Media Relations, tel. +31 20 502 7833
Corporate Investor Relations, tel. +31 20 502 7856
Contact: Tim van der
Zanden Contact: Dick
Luijckx


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