PPG to Acquire Architectural Paint and Coatings Wholesaler ProCoatings

PITTSBURGH–(BUSINESS WIRE)–PPG (NYSE:PPG) today announced that it has reached a definitive
agreement to acquire ProCoatings, a leading architectural paint and
coatings wholesaler located in The Netherlands. PPG expects the
transaction to close in the first quarter 2018, subject to customary
closing conditions. Financial terms of the transaction were not
disclosed.

ProCoatings, established in 2001, distributes a large portfolio of
well-known professional paint brands through its network of 23
multi-brand stores. The company employs nearly 100 people.

“ProCoatings is a well-managed business, providing excellent customer
service to a diverse portfolio of customers in the west and north of The
Netherlands,” said Jean-Marie Greindl, PPG senior vice president, global
architectural coatings, and president, PPG Europe, Middle East and
Africa (EMEA). “This acquisition will provide our business with even
greater opportunities to support our customers and strengthen our
presence in this important market.”

PPG’S PRESENCE IN THE NETHERLANDS

PPG is a leading global supplier of paints, coatings and specialty
materials and has a deep commitment and a long history in The
Netherlands, dating back nearly 300 years. Today, PPG employs nearly
1,000 people in The Netherlands and operates facilities in Tiel,
Delfzijl, Amsterdam, Uithoorn, and Den Bosch.

Through PPG’s COLORFUL COMMUNITIES™ initiative, which transforms
community spaces by providing PPG volunteers and donated PPG products,
the company recently helped revitalize the facilities of the Royal Dutch
Guide Dog Foundation in Amstelveen, Netherlands and the Amsta Karaad
residential care facility in Amsterdam. PPG also has been a significant
financial contributor to the NEMO Science Center in Amsterdam, and the
company matches employee charitable contributions in The Netherlands and
across Europe in addition to our North American operations.

PPG: WE PROTECT AND BEAUTIFY THE WORLD™

At PPG (NYSE:PPG), we work every day to develop and deliver the paints,
coatings and materials that our customers have trusted for more than 130
years. Through dedication and creativity, we solve our customers’
biggest challenges, collaborating closely to find the right path
forward. With headquarters in Pittsburgh, we operate and innovate in
more than 70 countries and reported net sales of $14.3 billion in 2016.
We serve customers in construction, consumer products, industrial and
transportation markets and aftermarkets. To learn more, visit www.ppg.com.

Forward-Looking Statements

Statements in this news release relating to matters that are not
historical facts are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995 reflecting the
company’s current view with respect to future events or objectives and
financial or operational performance or results. The forward-looking
statements contained herein include statements relating to the timing of
and expected benefits of the ProCoatings transaction. Actual events may
differ materially from current expectations and are subject to a number
of risks and uncertainties, including the satisfaction of the conditions
of the transaction and other risks related to completion of the
transaction and actions related thereto, the parties’ ability to
complete the transaction on the anticipated terms and schedule,
including the ability to obtain regulatory approvals, PPG’s ability to
achieve the expected benefits of the transaction and the other risks and
uncertainties discussed in PPG’s periodic reports on Form 10-K and Form
10-Q and its current reports on Form 8-K filed with the Securities and
Exchange Commission. Forward-looking statements speak only as of the
date of their initial issuance, and PPG Industries does not undertake
any obligation to update or revise publicly any forward-looking
statement, whether as a result of new information, future events or
otherwise.

We protect and beautify the world is a trademark and the PPG
Logo is a registered trademark of PPG Industries Ohio, Inc.

Contacts

PPG Media Contacts:
Mark Silvey, +1-412-434-3046
Corporate
Communications
silvey@ppg.com
or
Ken
Armistead, +44 1924 354848
EMEA Corporate Communications
EMEACommunications@ppg.com
or
PPG
Investor Contact:
John Bruno, +1-412-434-3466
Investor
Relations
jbruno@ppg.com
investor.ppg.com