An aqueous coating composition having a PVC of from 78 to 88% comprising, based on the total volume solids of the dry coating unless otherwise stated:a) opacifying pigment particles comprising i) from 3 to 10% titanium dioxide, ii) from 0 to 20% of hollow polymeric particles; b) non-opacifying extender particles comprising i) calcium magnesium carbonate, and/or ii) calcium carbonate, and/or iii) nepheline syenite, and/or iv) kaolin, wherein i)+ii)+iii)+iv)=40 to 80%, and iv) is 0 to 20%; c) polymer binder particles of calculated Fox Tg of from 25 to 70° C. having an acid value of from 15 to 65 mg KOH/g of polymer and wherein the polymer particles are derived from acrylic monomers and optionally further comprising styrene and/or its derivatives; d) dispersant having a weight average molecular weight of at least 3500 Daltons; e) fugitive coalescing solvent; wherein the composition is free of non-fugitive coalescing solvent.