Airgas Board of Directors to Review Revised Unsolicited Tender Offer from Air Products

Stockholders Advised to Take No Action Pending Review

RADNOR, PA - September 6, 2010 - Airgas, Inc. (NYSE: ARG) today noted that Air Products & Chemicals, Inc. (NYSE: APD) ("Air Products") has announced a revised tender offer to acquire all outstanding common shares of Airgas at a price of $65.50 per share in cash. The closing price of Airgas common stock on Friday, September 3, 2010 was $66.67.

Consistent with its fiduciary duties and as required by applicable law, the Airgas Board of Directors will review the revised tender offer to determine the course of action that it believes is in the best interests of the Company and its stockholders. Airgas stockholders are advised to take no action at this time pending the review of the revised offer by the Airgas Board of Directors.

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 approximately 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

Media Contact:

Jay Worley

(610) 902-6206

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