PPG Prices Offering of Euro-Denominated Senior Notes

PPG Industries (NYSE:PPG) announced today that on March 6 it priced its previously announced offering of 600 million euros aggregate principal amount of 0.875% notes due 2022 (the “2022 Notes”) at an issue price of 99.555% of the principal amount and 600 million euros aggregate principal amount of 1.40% notes due 2027 (the “2027 Notes” and, together with the 2022 Notes, the “Notes”) at an issue price of 98.628% of the principal amount.

The issuance of the Notes is expected to close on or about March 13, 2015, subject to customary closing conditions. The Notes will pay interest on an annual basis.

PPG Industries plans to use the net proceeds of the offering for general corporate purposes.

The joint book-running managers for the offering are BNP Paribas; Deutsche Bank AG, London Branch; HSBC Bank plc; J.P. Morgan Securities plc; and Mitsubishi UFJ Securities International plc.

The offering is being made pursuant to an effective registration statement on Form S-3 (including a prospectus) filed with the U.S. Securities and Exchange Commission (the “SEC”). Prospective investors should read the prospectus forming a part of that registration statement and the prospectus supplement related to the offering and the other documents that the company has filed with the SEC for more complete information about the company and this offering. These documents are available at no charge by visiting EDGAR on the SEC website at www.sec.gov. Alternately, PPG Industries, the underwriters or any dealer participating in this offering will arrange to send you the prospectus if you request it by: calling BNP Paribas collect at 44-20-7595-8222; calling Deutsche Bank AG, London Branch, collect at 44-20-7545-2761; calling HSBC Bank plc collect at 1-866-811-8049; calling J.P. Morgan Securities plc collect at 44-20-7134-2468; or calling Mitsubishi UFJ Securities International plc collect at 44-20-7577-2206.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any offer, solicitation or sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

PPG: BRINGING INNOVATION TO THE SURFACE.™

PPG Industries’ vision is to be the world’s leading coatings company by consistently delivering high-quality, innovative and sustainable solutions that customers trust to protect and beautify their products and surroundings. Through leadership in innovation, sustainability and color, PPG provides added value to customers in construction, consumer products, industrial and transportation markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in nearly 70 countries around the world. Reported net sales in 2014 were $15.4 billion. PPG shares are traded on the New York Stock Exchange (symbol:PPG).

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. These matters involve risks and uncertainties as discussed in PPG Industries’ periodic reports on Form 10-K and Form 10-Q, and its current reports on Form 8-K, filed with the SEC. Accordingly, many factors could cause actual results to differ materially from the company’s forward-looking statements.

Among these factors are PPG’s ability to complete the offering, global economic conditions, increasing price and product competition by foreign and domestic competitors, fluctuations in cost and availability of raw materials, the ability to maintain favorable supplier relationships and arrangements, the realization of anticipated cost savings from restructuring initiatives, difficulties in integrating acquired businesses and achieving expected synergies therefrom, the ability to penetrate existing, developing and/or emerging foreign and domestic markets, economic and political conditions in international markets, foreign exchange rates and fluctuations in such rates, fluctuations in tax rates, the impact of future legislation, the impact of environmental regulations, unexpected business disruptions, the unpredictability of existing and possible future litigation, including litigation that could result if the asbestos settlement discussed in PPG’s filings with the SEC does not become effective, and the company’s ability to integrate the Comex business acquisition and to achieve anticipated synergies. However, it is not possible to predict or identify all such factors.

Consequently, while the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements.

Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on the company’s consolidated financial condition, results of operations or liquidity.

Forward-looking statements speak only as of the date of their initial issuance, and PPG 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, except as otherwise required by applicable law.

Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc.