Akzo Nobel N.V. and Sico Inc. jointly announced today that Sico shareholders holding approximately 97% of the outstanding Sico common shares on a fully-diluted basis and all of the Sico Class B preferred shares have accepted the Offer dated April 25, 2006 of 9168-1528 Quebec Inc. (the Offeror), an indirect wholly-owned subsidiary of Akzo Nobel, for all of the issued and outstanding common shares and Class B preferred shares of Sico Inc. All conditions of the Offer have been satisfied and the Offeror has taken up and paid for the shares deposited under the Offer.
CCN Matthews
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AKZO NOBEL N.V. OFFER FOR SICO INC. SUCCESSFUL
June 5, 2006