Air Products' Gases/Chemicals Group VPs to Address Morgan Stanley Global Chemical/Basic Materials Conference LEHIGH VALLEY, Pa., Feb. 20 /PRNewswire-FirstCall/ -- Mark Bye, group vice president for Air Products' Gases and Equipment Group, and John McGlade, group vice president for Air Products' Chemicals Group, will address the Morgan Stanley Global Chemical/Basic Materials Conference in New York on Tuesday, February 24, 2004 at 12:00 p.m. Eastern Time. Their presentation will address the value proposition Air Products represents to investors, its growth platforms and base businesses, major company initiatives and recent business developments. An audio Webcast and the slides for the presentation will be available via Air Products' Investor Relations website at http://www.airproducts.com/Invest/PresentationSummary.htm and at Morgan Stanley's conference Web site: http://customer.talkpoint.com/MORG007/022404a_cf/default.asp?entity=airproduct s. Both Bye and McGlade assumed their current positions in late 2003, following the retirements of Robert Gadomski and Andrew Cummins, respectively. Bye oversees Energy and Process Industries, North America Gases, Healthcare, Equipment and Manufacturing, and Engineering and Air Products' organizations inEurope, Asia, Latin America and worldwide gases affiliates. McGlade is responsible for the company's global Chemicals Group, including the Performance Materials and Industrial Chemicals Divisions, and international chemicals commercial operations in Asia, Europe and Latin America. McGlade also has responsibility for Air Products' Global Operations organization. Their biographies are available at Air Products' on-line Press Room: http://www.airproducts.com/PressRoom/Biographies/ExecutiveBiographies.htm. Air Products (NYSE:APD) serves customers in technology, energy, healthcare and industrial markets worldwide with a unique portfolio of products, services and solutions, providing atmospheric gases, process and specialty gases, performance materials and chemical intermediates. 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. With annual revenues of $6.3 billion and operations in over 30 countries, the company's 18,500 employees build lasting relationships with their customers and communities based on understanding, integrity and passion. For more information, visit http://www.airproducts.com/. ***NOTE: This release may contain forward-looking statements. Actual results could vary materially, due tochanges in current expectations. DATASOURCE: Air Products CONTACT: Media Inquiries: Katie McDonald, +1-610-481-3673, e-mail: ; or Investor Inquiries: Alexander W. Masetti, +1-610-481-7461, e-mail: , both of Air Products Web site: http://www.airproducts.com/ http://www.airproducts.com/Invest/PresentationSummary.htm

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