SOURCE: Pink Sheets, LLC

December 06, 2007 09:32 ET

Akzo Nobel Joins International OTCQX

NEW YORK, NY--(Marketwire - December 6, 2007) - Pink Sheets, LLC, the leading electronic inter-dealer quotation system, trading technology and financial information provider for over-the-counter (OTC) securities, today announced that Akzo Nobel (PINKSHEETS: AKZOY), one of the world's leaders in chemicals and coatings based in the Netherlands, has chosen to list its American Depositary Receipts (ADR) on International OTCQX. Beginning today, Akzo Nobel's ADRs will trade on the OTC market's highest tier, International PremierQX, where investors can find current disclosure and financial information on the company (available on www.otcqx.com and www.pinksheets.com).

"We are thrilled to welcome such a globally recognized and respected company as Akzo Nobel to the International OTCQX market tier," said R. Cromwell Coulson, Chairman and CEO of Pink Sheets LLC. "As an International OTCQX-listed company, Akzo Nobel distinguishes itself as one of the most prestigious companies trading over-the-counter, and provides U.S. investors with access to their latest news and disclosure information."

Deutsche Bank will serve as Akzo Nobel's Principal American Liaison ("PAL") on International OTCQX.

About Akzo Nobel

Akzo Nobel is a diversified multinational group of companies with activities in pharma, coatings and chemicals. The pharma group manufactures products for both the human and animal healthcare markets, including oral contraceptives, antidepressants, infertility treatments and veterinary vaccines. The coatings group includes car refinishes, decorative coatings, industrial activities, industrial finishes, marine and protective coatings, and powder coatings. The chemicals group includes base chemicals, energy, functional chemicals, polymer chemicals, pulp and paper chemicals, salt and surface chemistry. Akzo Nobel is listed on the Euronext Amsterdam.

About International OTCQX

International OTCQX provides a gateway to U.S. securities markets for international companies that are listed on a qualified international exchange and provide ongoing disclosure in English to U.S. investors. More importantly, International OTCQX distinguishes the reputable international issuers from the 8,000 over-the-counter (OTC) securities traded in the U.S. Only leading companies that have substantial operating businesses and provide credible disclosure to the public are eligible for inclusion on the premium-tier International OTCQX, which commenced trading on March 5, 2007. For more about International OTCQX, visit www.otcqx.com.

About Pink Sheets LLC

Pink Sheets, LLC is the leading electronic inter-dealer quotation system, trading technology and financial information provider for the over-the-counter (OTC) securities markets. Its centralized information network includes services designed to benefit market makers, issuers, brokers and OTC investors. Pink Sheets information enhances the efficiency of OTC trading, provides better executions for OTC investors and improves the capital formation process for OTC issuers. For more information visit the Pink Sheets website at www.pinksheets.com.

Contact Information

  • Media Contact:
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    CCG Investor Relations
    +1 (310) 477-9800
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