Akzo Nobel retained the Services of PricewaterhouseCoopers Ukraine

3 July 2006 PRESS-RELEASE

Global Fortune 500 company Akzo Nobel retained the services of PwC Ukraine to assist in all the legal aspects of its recently finalized joint venture project in Ukraine. Akzo Nobel is a multicultural company serving customers throughout the world with human and animal healthcare products, coatings and chemicals and is listed on Euronext Amsterdam and NASDAQ stock exchanges.

The services provided by PwC Ukraine’s legal team included legal due diligence, drafting and negotiating contracts, obtaining consent for concentration from the Antimonopoly Committee of Ukraine and monitoring the closing of the agreements supporting the acquisition of a majority stake in the coating activities of a Ukrainian decorative paint manufacturer. The PwC legal team on the Akzo Nobel project was led by Boris Schwarzer and Tatiana Timchenko.

Notes to Editors:

1. For additional information please call Natalia Blotskaya, marketing and communications manager for PricewaterhouseCoopers Ukraine, at (044) 490 6 777 or e-mail to: natalia.blotskaya@ua.pwc.com.
2. PricewaterhouseCoopers (www.pwc.com) provides industry-focused assurance, tax and advisory services for public and private clients. More than 130,000 people in 148 countries connect their thinking, experience and solutions to build public trust and enhance value for clients and their stakeholders.
3. “PricewaterhouseCoopers” refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.