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Outlook and medium-term targets

We are emerging from the global economic crisis in better shape underlined by the early achievement of our 2011 EBITDA margin target of 14 percent.

The developed markets remain challenging. Raw material price pressure and shortages are expected to continue into the third quarter. We will keep a careful eye on the trading environment and costs will continue to be managed aggressively. Our balance sheet remains strong and we have no immediate refinancing requirements. We will provide an update regarding the company’s future ambitions at a capital markets day scheduled to take place in London on September 28.

Copyright © 2010 Akzo Nobel N.V.