RNS Number:7326K 
Morgan Stanley Securities Ld(EPT) 
28 December 2007 
 
 
 
 
                 DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS 
 
                      WITH RECOGNISED INTERMEDIARY STATUS 
 
                      DEALING IN A CLIENT-SERVING CAPACITY 
 
                      (Rule 38.5(a) of the Takeover Code) 
 
 
 
1.         KEY INFORMATION 
 
 
Name of exempt principal trader                 Morgan Stanley Securities Limited 
 
Company dealt in                                Imperial Chemical Industries Plc 
 
Class of relevant security to which the         Ordinary Shares 
dealings being disclosed relate (Note 1) 
 
Date of dealing                                 27 December 2007 
 
 
 
2.         DEALINGS (Note 2) 
 
 
 
(a)        Purchases and sales 
 
 
Total number of securities purchased    Highest price paid (Note 3) GBP        Lowest price paid (Note 3) GBP 
 
 
N/A                                     N/A                                    N/A 
 
 
 
 
Total number of securities sold         Highest price received (Note 3) GBP    Lowest price received (Note 3) GBP 
 
 
N/A                                     N/A                                    N/A 
 
 
 
(b)       Derivatives transactions (other than options) 
 
 
Product name,         Long/short (Note 4)        Number of securities (Note 5)         Price per unit (Note 3) GBP 
e.g. CFD 
 
 
CFD                   SHORT                      98,478                                6.6700 
 
 
 
(c)        Options transactions in respect of existing securities 
 
(i)         Writing, selling, purchasing or varying 
 
 
Product name,         Writing, selling, Number of securities  Exercise    Type, e.g.      Expiry      Option money 
                        purchasing,     to which the option               American, 
e.g. call option      varying etc.      relates (Note 5)      price       European etc.   date        paid/received per 
                                                                                                      unit (Note 3) 
 
N/A                   N/A               N/A                   N/A         N/A             N/A         N/A 
 
 
 
(ii)        Exercising 
 
 
Product name, e.g. call option          Number of securities                   Exercise price per unit (Note 3) 
 
 
N/A                                     N/A                                    N/A 
 
 
 
 
 
3.         OTHER INFORMATION 
 
 
 
Agreements, arrangements or understandings relating to options or derivatives 
 
 
 
 
Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating 
to the voting rights of any relevant securities under any option referred to on this form or relating to the voting 
rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is 
referenced.  If none, this should be stated. 
 
 
Date of disclosure                                                  28 December 2007 
 
Contact name                                                        Zafrhan Fahmy 
 
Telephone number                                                    020 7677 1871 
 
Name of offeree/offeror with which connected                        Akzo Nobel N.V. 
 
Nature of connection (Note 6)                                       Advisor 
 
 
 
Notes 
 
 
 
The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at 
www.thetakeoverpanel.org.uk 
 
 
 
 
 
 
                      This information is provided by RNS 
            The company news service from the London Stock Exchange 
END 
 
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