Airgas Comments on Air Products' Tender Offer Extension


RADNOR, PA - April 1, 2010 - Airgas, Inc. (NYSE: ARG) today issued the following statement on the early extension by Air Products & Chemicals, Inc. (NYSE: APD)("Air Products") of its unsolicited tender offer and on Air Products' statement that 12,291 shares of Airgas common stock had been tendered into their offer:

Our Board of Directors continues to believe that Air Products' unsolicited offer grossly undervalues the Company and its future prospects, including our industry leading position in the packaged gas business, our unrivaled platform, and our substantial recent investments. We remain focused on executing our business strategies so that our stockholders can realize significant benefits as the economy continues to improve.

We appreciate the support we have received and, going forward, encourage all Airgas stockholders not to tender their shares into Air Products' opportunistic and inadequate offer.

Bank of America Merrill Lynch and Goldman, Sachs & Co. are serving as financial advisors, and Wachtell, Lipton, Rosen & Katz is serving as legal counsel to Airgas and its Board of Directors.

About Airgas, Inc.

Airgas, Inc. (NYSE: ARG), through its subsidiaries, is the largest U.S. distributor of industrial, medical, and specialty gases, and hardgoods, such as welding equipment and supplies. Airgas is also one of the largest U.S. distributors of safety products, the largest U.S. producer of nitrous oxide and dry ice, the largest liquid carbon dioxide producer in the Southeast, and a leading distributor of process chemicals, refrigerants, and ammonia products. More than 14,000 employees work in over 1,100 locations, including branches, retail stores, gas fill plants, specialty gas labs, production facilities and distribution centers. Airgas also distributes its products and services through eBusiness, catalog and telesales channels. Its national scale and strong local presence offer a competitive edge to its diversified customer base. For more information, please visit www.airgas.com.

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