Invitation to Combined Shareholders’ Meeting on May 7, 2009

The Combined Shareholders’ Meeting of Air Liquide will be held at 3 pm on Thursday, May 7, 2009 (on first notice), in the Palais des Congrès in Paris. Draft resolutions approved by Air Liquide’s Board of Directors on February 13, 2009 and that will be submitted to the Annual General Meeting of Shareholders, are available on Air Liquide’s website.

Notice of meeting was published on March 18, 2009 in the legal gazette (Bulletin des Annonces Légales et Obligatoires) and is available on the Group’s website as well as the invitation to the Meeting sent to all Shareholders of the Company. It includes the agenda of this meeting, the resolutions submitted to Shareholders, a presentation of the resolutions’ objectives and practical information about how to participate in the Meeting.

The Annual Shareholders’ Meeting provides an opportunity to present the Group’s strategy and its outlook for development. All shareholders are invited to vote either by attending the Shareholders’ Meeting in person or by voting by post or by proxy (via a proxy voting form). Documents must reach the Company on Monday 4, May at the latest. The participation of every shareholder is important.

In addition, the Shareholders’ Meeting will be webcast for live viewing or playback on Air Liquide’s website, www.airliquide.com.

The documentation and other preparatory elements will be communicated to shareholders according to the legal and regulatory conditions. These documents and other preparatory elements will also be held at the disposal of the shareholders – Please consult the Shareholder Services, 75 quai d’Orsay, 75321 Paris Cedex 07.