Global IT Team Delivers Results That Earn Air Products Place on Listing

Air Products (NYSE:APD) today announced that it was named to CMP Media LLC's InformationWeek 500, a prestigious listing of the largest and most innovative users of information technology. The ranking includes household names such as Hershey Foods Corp.; Daimler Chrysler; Sun Microsystems, Inc.; and HIP Health Plans of NY. For 14 years, the InformationWeek 500 has tracked businesses' IT agendas, providing a unique opportunity to understand and examine their business practices across core areas of operations. Companies named to this list demonstrate a pattern of technological, procedural and organizational innovation. Air Products was ranked number 115 overall out of the list of 500 companies, up from their 2001 ranking of 171. Air Products also ranked fifth among 19 chemical companies ranked this year. The nineteen chemical companies had overall rankings of 14 to 499.

Commenting on this most noteworthy achievement, Joe McMakin, vice president of Global Information Technology said, "We are delighted to have once again made the top 500, and to have advanced so significantly in the rankings. It is a real credit to our entire global IT team. Their dedication and technical proficiency have enabled us to meet our IT performance goals and improve the efficiencies of our business. Their collaboration with business and other functional departments has improved the focus and impact of our IT investments. This ranking will help inspire us to even better performance over the next year."

The InformationWeek 500 is the most detailed source of industry-specific IT budget data. The research project gathered in-depth information directly from companies about how they approach and prioritize their IT investments. The research identified and ranked the companies following an extensive online and phone study.

For a full report of the InformationWeek 500 findings and to benchmark your company against its peers on this list, check out www.informationweek.com/iw500.

About Air Products

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. 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 over 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/.

About InformationWeek

InformationWeek helps more than 440,000 Business Technology Professionals who buy, build and manage technology driven business innovation powered by technology. In addition to the weekly magazine, InformationWeek provides a platform of information solutions including www.informationweek.com, InformationWeek Research, InformationWeek Events, which includes the InformationWeek Conference for Business Technology Executives and the InformationWeek Daily, an e-mail news service. In November 2001, the leading IT media brand launched Optimize, an InformationWeek Resource for Business Technology Executives. In 2002, InformationWeek was consistently recognized for its commitment to excellence and innovation, receiving several of the industry's top media accolades including top spots in Technology Marketing's Influencers Report, the #1 ranking on Folio's annual list of top trade titles, as well as ASBPE's National Gold Awards for Best Series and Best Web Series.

About CMP Media LLC

CMP Media LLC (http://www.cmp.com/) is a leading integrated media company providing essential information and marketing services to the entire technology spectrum¾the builders, sellers and users of technology worldwide. Capitalizing on its editorial strength, CMP is uniquely positioned to offer marketers comprehensive, integrated media solutions tailored to meet their individual needs. Its diverse products and services include newspapers, magazines, Internet products and research, direct marketing services, education and training, trade shows and conferences, custom publishing, testing and consulting.

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

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Tricia Hoban
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