4 OCTOBER 2010

F O C U S O N P O W D E R C O A T I N G S

The number of employees fell by6% to 55,480. A table ispresented of total turnover andturnover for Decorative Paints,Speciality Paints, Chemicals, andOthers, along with total operatingresults, net results, profit pershare, operating margin, andnumber of employees in 2Q2010, with the percentage changerelative to 2Q 2009.

Het Financieele Dagblad, 24 Jul 2010, (171),5 (in Dutch)

Asian Paints’ consolidated netprofit up by 26.2% in 1Q FY 2010

For its 1Q FY 2010 (period ends30 Jun 2010), Asian Paints Ltdhas reported net profit of Rup222.2 crore (Rup 176.1 crore forits 1Q 2009), sales & operatingincome of Rup 1830.2 crore (Rup1460.2 crore), profit beforedepreciation, interest & tax ofRup 347.1 crore (Rup 275.8crore), and profit before tax ofRup 334.4 crore (Rup 264.5crore). (1 crore = 10 M). There isdiscussion of the business and ofthe results.

Asian Paints Results 1Q FY 2010, 27 Jul2010, 1 (Asian Paints Ltd, Asian PaintsHouse, 6A Shantinagar, Santacruz (E),Mumbai 400 055, India, tel: +91 022 39818000, fax: +91 022 3981 8888, website:http://www.asianpaints.com/)

Asian Paints’ second unit in Cairobegins operations

Paints major Asian Paints hascommissioned a 50,000-klt plantin Cairo, its second in Egypt. Thecompany proposes to hike thecapacity of the plant to 14,000-klt.Asian Paints has invested Rup 25crore so far in the plant.

Business Line, 18 Aug 2010, 17 (229), 2

Russkie kraski activities in 1Q 2010

OAO Russkie kraski (Russia) is alarge domestic dyes and paintsproducer. In 1Q 2010 its salesincreased by 28% compared tothe same period of 2009 toRoubles 628 M. Output ofcommercial products was 5492tonnes (118%). The output of

water dispersion and powderpaints is continuing to rise.

Vestnik khimicheskoi promyshlennosty, 30Jun 2010, 54 (2), 4 (in Russian)

Arkema appoints Grolman as finepowder distributor

Arkema has chosen Grolman todistribute its Orgasol and Rilsanfine powders for paint and varnishuses in France, Germany, theUK, Scandinavia and the Beneluxcountries.

Coatings World, Aug 2010, 15 (8), 42

AkzoNobel plans to close down thefacility in Bensheim

AkzoNobel Powder Coatings isreorganising its productionactivities in Germany after theacquisition of the powder coatingsactivities of Dow Chemicals. Inthe framework of this restructuringthe group plans to close downthe production facility inBensheim in Germany by the endof 2010. The acquisition fromDow included a production facilityin Arnsberg in Germany.AkzoNobel plans to concentratethe activities at the site inArnsberg in future. The facility inBensheim currently suppliespowder coatings for decorativeapplications to markets inGermany, Austria, Switzerland aswell as the Scandinavian andBaltic States.

Farbe und Lack, Aug 2010, 116 (8), 8 (inGerman)

Russian Coatings reports 1H 2010results

The Russian Coatings Companyhad sales in 1H 2010 up 20% on1H 2009 at Roubles 1.86 bn.Production was up 20% at 17,186tonnes. Gross output (includingintermediates) rose 16% to21,750 tonnes. Solvent-basedpaints production rose 10%,water-based dispersion paints46%, and powder paints 90%.

RCCnews, 4 Aug 2010, (Website:http://www.rccnews.ru/eng)

EMS-GRILTECH to increase salesprices of Primid cross linkers

EMS-GRILTECH will globallyincrease the prices of its range ofPrimid cross linkers and selectiveGrilonit powder coating additives.The new prices will take effect 1Oct 2010. The escalating cost ofraw materials has necessitatedthis action.

Press release from: EMS-CHEMIE AG,Business Unit EMS-GRILTECH, Via Innovativa1, CH-7013 Domat/Ems, Switzerland,website: http://www.ems-group.com (Aug2010)

Sherwin-Williams completes theacquisition of Becker AcromaIndustrial wood coatings

The Sherwin-Williams Co hasclosed a definitive agreement toacquire Becker Industrial ProductsAB, a subsidiary of AB WilhBecker based in Sweden, whichengages in the industrial woodcoatings business. Headquarteredin Stockholm, Sweden, BeckerAcroma is one of the largestmanufacturers of industrial woodcoatings globally and atechnology leader in water, UV,and other wood coatings. BeckerAcroma wood coatings serve thejoinery, kitchen cabinet, furniture,and flooring markets directly andthrough distributors. The companyhas an outstanding reputation forinnovative technology and qualityproducts. Becker Acroma hasmore than 900 employees andcurrently operates 9manufacturing facilities, 19 mixingsites and 13 technical centersaround the world (Sweden, Italy,Germany, France, UK, Ireland,Belgium, Norway, Finland,Denmark, Czech Republic,Poland, Romania, Russia,Lithuania, Belarus, China,Vietnam, Thailand, Canada, US).Sales in 2009 were approximately$300 M.

Sherwin-Williams acquiredBecker Acroma for $227 M. Itwill be part of the company’sgrowing Global Finishes Groupfollowing the acquisitions ofSayerlack (2010), Inchem (2008)