AIR LIQUIDE AMERICA SPECIALTY GASES

Mark Brown, Sales Executive-Northern California

Bus: 707.763.2436 Cell: 510.313.8459

February 2011

(I.) – WHO WE ARE

AIR LIQUIDE GROUP

H2

He

CO2

N2

Ar

O2

…

C2H2

3The world leader in gases for industry, health and the environment

Air Liquide, the world leader in gases for industry, health and the environment

Present in

75 countries

42,300employees

Revenue

$16.8billion1 million

customers

4The world leader in gases for industry, health and the environment

The world leader in gases for …

For a wide range of industrial processes for customers:

energy, metals, food, chemicals, pharmaceuticals, automotive …

For hospitalsFor homecare

patients

For hygiene and disinfection

For reducing polluting emissions

For producing the energies of tomorrow

Industry Health Environment

5The world leader in gases for industry, health and the environment

Air Liquide in 2009

Founded in 1902

World leader in gases for industry, health and the environment

Total sales $16.8 billion / €12 billion

Over 42,000 employees

Present in 75 countries

Serving more than 1 million customers

8 Research & Development centers, 5 engineering centers

410,000 individual shareholders

6The world leader in gases for industry, health and the environment

Some history… Creation of the Company in 1902 by Georges

Claude and Paul Delorme following the invention of a process for the liquefaction of air on an industrial scale

International development: Japan in 1907 and Canada in 1911

Listed on the Paris Stock Exchange in 1913

Electronics started in Japan in 1985

Dedicated Healthcare division in 1995

Recent acquisitions: Four joint-ventures in South-East Asia

(Singapore, Thailand, Vietnam, Brunei) Linde activities in the UK Lurgi in Germany Scott Specialty Gases in the US Al Khafrah Industrial Gases in Saudi Arabia

Georges Claude obtained the first drops of liquid air in 1902

7The world leader in gases for industry, health and the environment

1902: France1906: Belgium1907: Japan1909: Italy

GreeceSpain

1911: CanadaSweden

1913: Netherlands1916: U.S. *

China *1917: Singapore

Algeria * Tunisia

1983: New Zealand1987: Taiwan1991: Chile

UruguayThailand

1992: United KingdomUkraine

1993: FinlandIndonesia

1994: Philippines1995: Poland1996: India

Vietnam1997: Hungary

Norway1999: Bulgaria

Roumania2000: Slovakia2001: Austria

Czech Republic2002: Egypt

Trinidad & Tobago2004: Qatar2005: Oman

Russia2006: Kuwait2007: Libya

Serbia2008: Angola

NamibiaSaudi ArabiaUnited Arab Emirates

1919: Morocco1923: Portugal1926: Lebanon1931: Luxembourg1938: Argentina1939: Paraguay1946: Brazil1948: South Africa1949: Madagascar1957: Australia

Switzerland1959: Reunion Island

1960: Nigeria1961: Ivory Coast1963: Gabon1964: Senegal

Polynesia 1965: Mali1966: Cameroun

Congo1970: Togo1971: Ghana

Germany

1972: Burkina FasoDenmark

1973: BeninNew Caledonia

1974: Brunei1977: Botswana1979: South Korea

Swaziland1980: Guadeloupe

MartiniqueFrench Guiana

A worldwide presence

* First year of Air Liquide presence

1902 - 1990

1991 - 2000

2001 - 2009

8The world leader in gases for industry, health and the environment

Business mix by region

Middle East & Africa: $0.3 billion

2009 Gas & Services revenue: $15.4 billion

Large Industries Electronics HealthcareIndustrial Merchant

Americas:$3.2 billion

Asia-Pacific:$2.7 billion

Europe:$9.5 billion

37%

34%

26%

3%

49%

34%

10%

7%

43%

23%

5%

29%

9The world leader in gases for industry, health and the environment

Sustainable Development: Air Liquide’s approach

Formalized in 2003, it includes:

Creating value for shareholders

Developing the potential of men and women

Preserving life and the environment

Innovating for tomorrow

Air Liquide uses 160 indicators to track its performance

36% of Group revenue: applications that help preserve the environment, and sustain life.

Sustainable development represents more than 60% of R&D budget

10The world leader in gases for industry, health and the environment

Intensifying our research and innovation efforts

The DRTC research center in the USA

The new Delaware Research and Technology Center

Global R&D Innovation Effort

1000 R&D Employees, 30 Nationalities, 3 Continents

Strong Intellectual Property Holdings

9,700 Patents Granted Worldwide

200 Patent Applications Filed per Year

An 2009 Innovation Budget of $305MM

II – WHO WE ARE

AIR LIQUIDE AMERICA SPECIALTY GASES

H2

He

CO2

N2

Ar

O2

…

C2H2

12The world leader in gases for industry, health and the environment

A new specialty gas company Air Liquide America Specialty Gases formed November 1,

2007 when Air Liquide acquired Scott Specialty Gases

Headquartered in Plumsteadville, near Philadelphia, Pennsylvania

ISO 9001-2000 and ISO 17025 accredited manufacturing facilities

5 full capability specialty gas fill plants

28 fill plants

~615 employees

13The world leader in gases for industry, health and the environment

On-site solutionsFull range of solutions for on-demand and on-site gas production.

Three main modes of gas supply

We supply our customers according to their needs.

Bulk liquid gasesWhen large volumes of gases and/or low temperatures are required.

Packaged gases

H2

He

CO2

N2

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O2

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C2H2

Specialty Gas MixturesSpecialty Pures

Industrial Pures and MixturesHelium and Rare Gases

14The world leader in gases for industry, health and the environment

Air Liquide U.S. production plants

15The world leader in gases for industry, health and the environment

More than 1 million customers worldwide 25% served by our direct sales force 75% served via our distributors’ network

Packaged gases $2.25bn annual revenue 2008

Industrial gases Dedicated to industrial processes:

welding, cutting, food packaging, etc. Respected and known brands: ARCAL™, LASAL™ and ALIGAL ™

Specialty gases Pure gases and mixtures for analysis, calibration and quality

assurance Respected and known brands: ALPHAGAZ™ and SCOTT™

Full range of products and packaging From non-refillable, small, easy to handle cylinders to packs for larger

consumption Advanced solutions for valves: Residual Pressure Valves, Smartop, Altop

Helium & rare gases

16The world leader in gases for industry, health and the environment

A presence in more than 60 countries

We serve our customersall around the world

to create value

We serve our customersall around the world

to create value

Europe

South America

North America

Africa &Middle East

AsiaPacific

2008 sales€ 4.6 bn 51%

21%

5%

19%4%

17The world leader in gases for industry, health and the environment

Full range of specialty gas products

Equipment

Services

Mixtures

Pure gases

To meet analysis requirements, Air Liquide offers a complete line of pure gases (ALPHAGAZ™) and mixtures (SCOTT ™), gas handling equipment and non-refillable cylinders.

18The world leader in gases for industry, health and the environment

Air Liquide specialty gases in industry

Safety detection

Environment industrial Emission monitoring

Process controlOn-line analysis

Production controlLaboratory

R&D laboratoryPilot process development

In the Process

19The world leader in gases for industry, health and the environment

Full range of industrial gas products

Equipment

Services

Mixtures

Pure gases

To meet requirements in arc welding, laser cutting, and food applications, Air Liquide offers a complete line of pure gases and mixtures.

20The world leader in gases for industry, health and the environment

A new generation of cylinders…… integrating innovative valves and caps to better satisfy

customer needs

SafetySimplicity

Savings

Built-in regulator combined with a quick on/off lever

Residual pressure valve equipped with on/off lever and a permanent pressure gauge

21The world leader in gases for industry, health and the environment

Uniqueness of Air Liquide

Air Liquide provides “Molecules that Matter” – gases, services and solutions that matter to the safety and efficiency of your operations and ultimately to your bottom line.

Cylinder Preparation - Aculife® / Megalife™ / Alphatech™ are proprietary cylinder cylinder treatments used to assure stability of reactive mixtures.

Dynamic Mixture Blending - Acublend® / Flexblend™ are technologies for dynamic blending and real-time analysis of gas mixtures yielding mixtures with exact blend tolerance.

SCANDINA™ Cylinder Cap - With the continuing technical advancements relating to gas cylinders and cylinder handling, Air Liquide has designed a replacement for the standard cylinder cap and combines safety, compliance and convenience.

SMARTOP™ Cylinder Valve - Currently being deployed for ALPHAGAZ and ARCAL this valve replaces the standard hand wheel valve assembly and provides enhanced safety, ergonomics and cost savings.

DATAL™ - provides continuous wireless monitoring of cylinder pressure at low cost.

SCOUT™ accurately tracks cylinder inventory at Air Liquide plants and at customer sites.

Shop@AirLiquide™ - provides state-of-the-art Internet cylinder management services that save money for contract customers.

Solutions Center – Staffed by a team of highly experienced gas experts. They can provide in-depth consultation regarding any gas issue and provide a detailed solution.

i-SEE Safety Audits – Air Liquide offers complimentary safety and efficiency surveys to improve your compressed gas handling system and provides a detailed report of findings along with suggested corrective measures and improvements