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News ReleaseAir Products Announces Price Increases for All Epoxy Product Lines

October 15, 2004 Lehigh Valley, Pa.

Air Products and Chemicals, Inc. (NYSE: APD) today announced that, effective November 1, 2004, it will implement a four percent price increase on all epoxy product lines sold into the North American region. This increase, approximately 5 to 12 cents per pound depending on the product line, is necessary to offset escalating costs for energy, petrochemical based raw materials, and drums used in conjunction with the production and delivery of these products.

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

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    Art George
    Air Products and Chemicals, Inc.
    7201 Hamilton Boulevard
    Allentown, PA 18195-1501
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    Simon Moore
    (610) 481-7461
    Air Products and Chemicals, Inc.
    7201 Hamilton Boulevard
    Allentown, PA 18195-1501
    (610) 481-2729
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