ROANOKE TIMES 
                      Copyright (c) 1997, Roanoke Times

DATE: Saturday, April 26, 1997               TAG: 9704280069
SECTION: BUSINESS                 PAGE: A-10 EDITION: METRO 


REPORTED EARNINGS

Akzo Nobel Inc.

1st qtr. ended 3-31 1997 1996

Revenues $3.0 billion $2.9 billion

Net Income $176.2 million $172.0 million

Share earnings $2.47 $2.42

Akzo Nobel NV is the Dutch parent of Akzo Nobel Coatings Inc. of Roanoke. The company reported the results in Dutch guilder; the figures above are based on current currency exchange rates.

Coastal Corp.

1st qtr. ended 3-31 1997 1996

Revenues $3.21 billion $3.10 billion

Net Income $10.6 million $82.5 million

Share earnings 6 cents 74 cents

Coastal Corp. is the Houston parent of ANR Coal Co. and Coastal Coal Sales Co. of Roanoke. First quarter results include a one-time charge of $90.6 million, or 85 cents per share, related to the refinancing of $798 million of debt.


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