AIR PRODUCTS INTRODUCES MOBILE HYDROGEN FUELING UNIT


Fueling System, Complete With Vehicle Hook-Ups, Can Be Relocated To Meet Customer's Unique Hydrogen Energy Needs

LEHIGH VALLEY, Pa. (December 10, 2002) — Air Products and Chemicals, Inc. has enhanced its hydrogen fueling services for the transportation industry with a new hydrogen fueling system that can easily be relocated to meet a customer's changing needs. The Air Products Hydrogen Fueler, complete with fueling hook-ups and dispenser, is mounted to a trailer to allow for vehicle fueling at a customer site. The Hydrogen Fueler system also provides the flexibility to be easily transported to promotional events, or for remote endurance testing of hydrogen-fueled vehicles.

Last week (December 2), Air Products delivered its first Hydrogen Fueler to Honda Motor Company for their Fuel Cell Vehicle Program with the City of Los Angeles, Calif. Air Products Hydrogen Fuelers are currently available on a lease basis to companies with hydrogen fueling needs, especially automobile companies. "Infrastructure is most often discussed when talking about a hydrogen economy. This system represents a bridge in the development of hydrogen fueling infrastructure," said Tama M. Copeman, Director–Fuel Cell Energy Solutions at Air Products. "The Hydrogen Fueler's ability to be used without installation or utility hook-up is an important feature. It allows the customer great latitude in hydrogen-fueled vehicle program planning. We believe this zero-emission hydrogen fueling system offers reliable, cost-effective, and automated fueling capability on demand for the customer."

The new Hydrogen Fueler features a safe, compact design, and quiet operation with no compressor. Components of the Air Products system are code compliant with the Department of Transportation, ASME (American Society of Mechanical Engineers) and SAE (Society of Automotive Engineers). Air Products can transport the unit to a customer site, and maintain the Fueler and related fuel dispensing equipment, which is self-contained. The system is remotely monitored and designed to ensure daily, around-the-clock, hydrogen fast-fill vehicle fueling availability. The remote system measures the unit's hydrogen fuel level, and Air Products will replace or exchange it for a full unit when the hydrogen storage quantity is reduced to a certain level. Prior to customer use of the Hydrogen Fueler, Air Products' personnel provide operational and fueler safety training for the customers.

"We basically do everything except the filling of vehicles," said David J. McCarthy, commercial manager for Fuel Cell Energy Solutions at Air Products. Because the Hydrogen Fueler contains stored hydrogen generated at an external source, there is no fixed capacity to potentially limit the number of vehicles to be filled. "As a customer's fleet or hydrogen-fueled vehicle program expands, we can provide more frequent unit exchanges. It allows a customer more flexibility in decision-making when considering a more permanent fueling facility," he said. Air Products has installed several permanent fueling stations across the country.

Air Products (NYSE:APD) serves customers in technology, energy, healthcare and industrial markets worldwide with a unique portfolio of products, services and solutions, providing atmospheric gases, process and specialty gases, performance materials and chemical intermediates. The company is the largest global supplier of electronic materials, hydrogen, helium and select performance chemicals. Founded in 1940, Air Products is recognized for its innovative culture, operational excellence and commitment to safety and the environment. With annual revenues of $5.4 billion and operations in 30 countries, the company's 17,200 employees build lasting relationships with their customers and communities based on understanding, integrity and passion.

For more information, visit: http://www.airproducts.com

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

EDITOR'S NOTE:
Large product illustrations files of the Air Products Hydrogen Fueler pictured above can be downloaded here:
http://www.airproducts.com/corp/rel/images/trailer-2-rear-open.gif http://www.airproducts.com/corp/rel/images/trailer-2-front-closed.gif

Questions or comments about this news release may be directed as follows:

Media Inquiries:
Art George
E-mail   •   Telephone (610) 481-1340

Investor Inquiries:
Alexander W. Masetti
E-mail   •   Telephone (610) 481-7461


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