Air Products Sells Three U.S. Healthcare Businesses to Landauer-Metropolitan

* Reuters is not responsible for the content in this press release.

Mon May 18, 2009 2:42pm EDT

LEHIGH VALLEY, Pa., May 18 /PRNewswire-FirstCall/ -- Air Products (NYSE: APD)
today announced it has sold three of its U.S. healthcare businesses to
Landauer-Metropolitan, Inc. (LMI), the largest provider of durable medical
equipment, respiratory and infusion services in the northeast, based in Mount
Vernon, N.Y.  Terms of the deal were not disclosed.

The sale includes Air Products' ownership interests in certain of the
companies previously operated as part of the Air Products Healthcare LLC
Group, namely Genox Homecare, serving Connecticut; Mid-Atlantic Healthcare,
serving Maryland, Washington, D.C., and northern Virginia; and Young's Medical
Equipment, serving eastern and central Pennsylvania and New Jersey.  There are
approximately 220 employees, 15 locations and more than 36,000 patients
associated with these businesses.  

Last September, Air Products completed the sale of two other U.S. healthcare
businesses to LMI, including A&J Care in New York and COPD Services in New
Jersey.

Earlier this month, Air Products announced the sale of all of its U.S. home
infusion therapy services business and some elements of its respiratory and
home medical equipment business to OptionCare Enterprises, Inc., a subsidiary
of Walgreen Co.  These businesses included American Homecare Supply, Georgia;
Ultra Care and Dependicare, Chicago metropolitan area; Rx Pharmacy and Mosso's
Medical Supply Company in western Pennsylvania; Collins I.V. Care,
Connecticut, and Air Products Healthcare Pharmacy, Lehigh Valley, Philadelphia
metropolitan and southern New Jersey.  

Air Products expects to sell its remaining U.S. healthcare businesses by the
end of the company's fiscal year in September.

Air Products (NYSE: APD) serves customers in industrial, energy, technology
and healthcare markets worldwide with a unique portfolio of atmospheric gases,
process and specialty gases, performance materials, and equipment and
services.  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.  Air Products had
fiscal 2008 revenues of $10.4 billion, operations in over 40 countries, and
21,000 employees around the globe.  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. 

SOURCE  Air Products

Media, Beth Mentesana, +1-610-481-2459, mentesbk@airproducts.com; or
Investors, Nelson Squires, +1-610-481-7461, squirenj@airproducts.com, both of
Air Products
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