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AIR PRODUCTS STRENGTHENS POSITION IN GROWING LED MARKET

Lumileds Lighting To Use UHP White Ammonia TM Product, GASGUARD Delivery Equipment

LEHIGH VALLEY, Pa. (April 20, 2004) - Air Products (NYSE:APD) has been awarded a seven year contract to supply its Ultra High Purity (UHP) White Ammonia™ product to Lumileds Lighting, one of the world’s leading manufacturers of high-power Light Emitting Diodes (LEDs). As part of the agreement, Air Products will also provide its GASGUARD® Bulk Specialty Gas Delivery System designed specifically for delivering UHP specialty gases.

Air Products has been manufacturing its UHP White Ammonia™ (99.99996%) product, recognized throughout the industry as an integral component in the production of high-powered LEDs, since 2002. It is the first commercially available product to achieve a lower than one part per billion (ppb) moisture specification — essentially eliminating the need for downstream purification.

Air Products’ UHP White Ammonia™ product will be supported at Lumileds Lighting’s San Jose, Calif. manufacturing facility by its GASGUARD® Bulk Specialty Gas System (BSGS). This comprehensive offering, installed at nearly 200 locations worldwide, allows Air Products to transport large volumes of White Ammonia in specially-designed Y and ISO containers in a cost-effective and safe manner. These unique containers will allow Lumileds Lighting to dispense the product at significantly higher flow rates without compromising purity. White Ammonia supplied through our BSGS system offers Air Products’ customers a lower cost of ownership with consistent purity and less process variability.

“Our Ultra High Purity White Ammonia™ product gives global customers like Lumileds Lighting a distinct advantage in the growing LED marketplace,” says Mike Hilton, Air Products vice president of Electronics. “As LEDs begin replacing other, more conventional lighting sources, our White Ammonia offering enables our customers to stay ahead of the production curve.”

Lumileds Lighting, a joint venture between Agilent and Philips Lighting, is a pioneer in the use of LED and solid-state lighting solutions for everyday purposes including automotive lighting, traffic signaling, signage, and LCD backlighting. The company’s patented Luxeon Power Light Sources enables LEDs to match the brightness of conventional light sources while, for the first time, making it possible to replace incandescent, halogen and fluorescent bulbs in many products with smaller, longer-lasting and more energy efficient LEDs.

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 www.airproducts.com.

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


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