AkzoNobel has agreed a transfer of the lease on its London base in
the UK. The company will be moving into new office space a few miles
away in Portland House.

The Manchester Square property-formerly ICI's head office-will be
taken over by The Boston Consulting Group. The substantial deal has
been agreed just a few months after AkzoNobel's acquisition of ICI.

"We're very keen to make swift and efficient progress with all
aspects of the ICI integration and it's pleasing to have agreed this
transaction so quickly," said AkzoNobel CEO Hans Wijers. "It's also a
fine example of how focused we are on benefiting from the many
synergies we have identified."

The company has taken over the 26th floor of Portland House, which is
situated close to Victoria Station. Around 75 employees will move to
the new location and are due to be in place by the end of June. The
Manchester Square deal will officially be finalized in August.

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Note to editors - not for publication
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.

Not for publication - for more information
AkzoNobel
Corporate Media Relations, tel. +31 20 502 7833
Contact: Heleen van de Lustgraaf


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