Engineering News

Airgas Selected as ''Best Managed'' Chemical Company
by Forbes Magazine

Thursday January 5, 4:00 pm ET

RADNOR, Pa.--(BUSINESS WIRE)--Jan. 5, 2006--Airgas, Inc. has been ranked by Forbes Magazine as the Chemical industry's "Best Managed Company in America" in the January 9, 2006 edition. Airgas also placed 72 on the annual Forbes Platinum 400 listing, based on a five-year total annualized return to shareholders of 33.1 percent.

The list of "Best Managed Companies" in 26 industries was culled from the Platinum 400 listing, also known as Forbes' Best Big Companies in America, which Airgas has made in seven of the last eight years. According to the magazine, the Forbes editors and writers evaluated the leading companies in each industry on factors such as innovation, efficiency and market leadership to select the best-managed company in each industry.

"We are pleased that Airgas has been recognized for creating value for our shareholders," said Airgas Chairman and Chief Executive Officer Peter McCausland. "Our 10,000 associates nationwide deserve the credit for delivering outstanding service to our customers, which, in turn, creates outstanding results for our shareholders."

About Airgas, Inc.

Airgas, Inc., through its subsidiaries, is the largest U.S. distributor of industrial, medical, and specialty gases, and related hardgoods, such as welding equipment and supplies. Airgas is also the third-largest U.S. distributor of safety products, the largest U.S. producer of nitrous oxide and dry ice, the largest liquid carbon dioxide producer in the Southeast, and a leading distributor of process chemicals, refrigerants and ammonia products. Its 10,000 employees work in about 900 locations including branches, retail stores, gas fill plants, specialty gas labs, production facilities and distribution centers. Airgas also distributes its products and services through eBusiness, catalog and telesales channels. Its national scale and strong local presence offer a competitive edge to its diversified customer base. For more information, please visit www.airgas.com.

Source: Airgas, Inc.

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