Air Products Declares Quarterly Dividend

LEHIGH VALLEY, Pa., May. 15 /PRNewswire/ --

LEHIGH VALLEY, Pa., May 15 /PRNewswire-FirstCall/ -- The Board of Directors of Air Products today declared a quarterly dividend of 44 cents per share of common stock. The dividend is payable on August 11, 2008 to shareholders of record at the close of business on July 1, 2008.

Air Products serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. Air Products has annual revenues of $10 billion, operations in over 40 countries, and 22,000 employees around the globe. For more information, visit http://www.airproducts.com.

***NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.