Air Liquide: Changes to Share Capital

  Air Liquide: Changes to Share Capital

        Share capital increase following the exercise of stock options

Business Wire

PARIS -- February 20, 2014

Regulatory News:

Air Liquide (Paris:AI):

The Board of Directors during its meeting of February 17, 2014 noted that from
December 4,2013 to January 31, 2014, 193,376 new shares with a par value of
5.50 euros each had been issued pursuant to the exercise of stock options.

As a result, Air Liquide’s share capital effective immediately stands at:

                            1,720,879,792.50 euros

comprised of 312,887,235 shares with a par value of 5.50 euros each.

World leader in gases, technologies and services for Industry and Health, Air
Liquide is present in 80 countries with more than 50,000 employees and serves
more than 2 million customers and patients. Oxygen, nitrogen and hydrogen have
been at the core of the company’s activities since its creation in 1902. Air
Liquide’s ambition is to be the leader in its industry, delivering long-term
performance and acting responsibly.

Air Liquide ideas create value over the long term. At the core of the
company’s development are the commitment and constant inventiveness of its

Air Liquide anticipates the challenges of its markets, invests locally and
globally, and delivers high-quality solutions to its customers and patients,
and the scientific community.

The company relies on competitiveness in its operations, targeted investments
in growing markets and innovation to deliver profitable growth over the

Air Liquide’s revenues amounted to € 15.2 billion in 2013, and its solutions
that protect life and the environment represented around 40% of sales. Air
Liquide is listed on the Paris Euronext stock exchange (compartment A) and is
a member of the CAC 40 and Dow Jones Euro Stoxx 50 indexes.

                    Follow us on Twitter @AirLiquideGroup


Air Liquide
Corporate Communications
Anne Bardot, +33 (0)1 40 62 53 34
Anette Rey, +33 (0)1 40 62 51 31
Investor Relations
Virginia Jeanson, +33 (0)1 40 62 57 37
Annie Fournier, +33 (0)1 40 62 57 18
Shareholder Services
Laurent Dublanchet, +33 (0)1 40 62 51 86
Didier Henriot, +33 (0)1 40 62 52 89
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