DJSI reassessment - AkzoNobel reaction

DJSI reassessment - AkzoNobel reaction

ID: 48424

(Thomson Reuters ONE) -


November 4, 2010

AkzoNobel CEO Hans Wijers has expressed his disappointment at today's revised
2010 Dow Jones Sustainability Indexes (DJSI) listing, which has seen the company
relinquish its first place in the Chemicals supersector due to a technical
readjustment.

A reassessment of the scores was necessary after an issue was identified in the
software used by DJSI partner SAM to evaluate the results. But while AkzoNobel's
ranking has changed from first place to second place, Wijers points out that the
company's approach to sustainability will not be affected.

"I would like to congratulate DSM on taking over first place," he says, "but the
regrettable need to reassess the results does not change anything in terms of
our commitment to continuous improvement. Sustainability is fully integrated
into our company strategy and, regardless of today's new ranking, AkzoNobel will
strive to maintain its status as a world leader."

Wijers adds that the evaluation procedure used by SAM needs to undergo its own
systematic review. "We are closely monitoring the measures that SAM is taking
and have made it clear to them that this cannot happen again. We have to ensure
that we use a reliable and consistent external benchmark to measure our
sustainability performance."

AkzoNobel has been listed on the DJSI for the last six years. The company's
intense focus on sustainability is fundamental to its new Value and Values
strategy, which was announced in September.

- - -

AkzoNobel is the largest 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 a Global Fortune 500 company and are consistently ranked as one of the
leaders on the Dow Jones Sustainability Indexes. With operations in more than
80 countries, our 55,000 people around the world are committed to excellence and
delivering Tomorrow's Answers Today(TM).

Note to editors - not for publication

Corporate Media Relations                                      Corporate
Investor Relations,
Tel. +31 20 502 7833                                               Tel.
+31 20 502 7854
Contact: Dieuwertje ten Feld                                   Contacts: Huib
Wurfbain and Ivar Smits



[HUG#1458655]





Pdf file AkzoNobel press release:
http://hugin.info/130660/R/1458655/398434.pdf




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originality of the information contained therein.

Source: Akzo Nobel NV via Thomson Reuters ONE


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Datum: 04.11.2010 - 10:00 Uhr
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News-ID 48424
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