Air Products Hydrogen Fueling Technologies on Display as the President Promotes New Hydrogen Initiative Program

      Washington, D.C. Event Encourages Adoption of White House Hydrogen
                              Energy Directives

    WASHINGTON, Feb. 6 -- Air Products , the
world's largest supplier of merchant hydrogen, said Thursday that its hydrogen
fueling technologies were part of the focus at a White House sponsored exhibit
here today in support of President George W. Bush's New Hydrogen Initiative
Program.
    Air Products was one of approximately 20 companies that provided
technology exhibits at the National Building Museum in Washington, D.C., where
President Bush spoke to various U.S. industry officials and an audience about
the future of hydrogen fuel cell technology in America's energy future.
    "Hydrogen as an energy-carrier is available now.  There are demonstration
projects where Air Products' hydrogen is fueling automobiles today, and
hydrogen is being used to create electrical energy.  We are excited about the
President's hydrogen initiative.  We readily accept the challenges and we are
honored to be part of today's event," said Arthur T. Katsaros, Air Products'
Group Vice President.
    In his remarks, President Bush said, "We're on the cutting edge of change
that is going to dramatically change this country for the better.  It is
exciting to see the products you are producing."  During a Presidential tour
of selected industries at the Museum, Katsaros presented Air Products'
hydrogen technologies.
    Air Products is a global leader in hydrogen production and distribution
and an industry leader in hydrogen safety engineering.  The company has been
in the forefront of developing hydrogen fueling stations for clean
transportation applications, and the technologies and systems for hydrogen
purification, generation and handling.
    Air Products has taken a leading role as a participant in 16 hydrogen
energy demonstration projects in the U.S. and Europe to bring low-cost
distributed hydrogen production technologies to the marketplace, and to
promote the development of hydrogen energy applications.
    Recently, in November 2002, Air Products and the United States Department
of Energy (DOE) dedicated the world's first hydrogen energy station featuring
the co-production of hydrogen fuel and electric power.  The energy station
generates hydrogen on-site, for both fueling vehicles and producing
electricity.  In December 2002, Air Products introduced a new hydrogen fueling
system that can be relocated to meet the changing needs of customers including
automobile manufacturers and developers of other hydrogen fuel cell
technologies.  More information on Air Products' hydrogen fuel cell activities
can be found at http://www.airproducts.com/h2energy/index.asp.
    Air Products 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.  The company is the largest
global supplier of electronic materials, hydrogen, helium and select
performance chemicals.  Founded in 1940, Air Products is recognized for its
innovative culture, operational excellence and commitment to safety and the
environment.  With annual revenues of $5.4 billion and operations in 30
countries, the company's 17,200 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 to changes in current expectations.