2008 bonus share allocation

Following the one for ten bonus share allocation on 9 June 2008 decided by the Air Liquide Board, shareholders whose number of shares cannot be divided by 10 have « fractional rights » to which they are entitled.

The unit price allocated for fractional rights:

• €8.37 per fractional right following the allocation of one bonus share for every 10 existing shares, plus
• €0.83 per fractional right, for the 10% loyalty bonus for shares held in registered form continuously from December 31, 2005 to June 6 2008, included.

Shareholders will be paid the amount of their fractional rights on July 3, 2008.