chemistry applications

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The company was named to the Dow Jones
Sustainability and FTSE4Good Indices and was one of the safest large-scale
chemical companies in the American Chemistry Council for the fifth consecutive
year. The maximum grant value is $441,000.

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Air Products Publishes Latest Corporate Responsibility Annual Report

airproducts., for a grant to support the agency's Cosmochemistry
Research Program.

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For information about NASA and agency programs on the Web, visit:

http://www.

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gov/home

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LEHIGH VALLEY, Pa.com/responsibility .

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"We believe our products afford people a better quality of life -- from
life-sustaining oxygen; to industrial gases that conserve energy, reduce
pollution, preserve food and improve healthcare; to chemical products that
offer environmentally friendly alternatives and boost performance," said
Chairman and Chief Executive Officer, John Jones.

EDITOR'S NOTE: Air Products values ongoing feedback from its
stakeholders.

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nasa.

Mathematics applied to Chemistry

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The program supports research to conduct laboratory studies of a variety
of extraterrestrial materials such as meteorites, cosmic dust, and lunar
samples, which are cosmochemical in nature.

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The report is available online at
http://www.

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NASA Awards Johns Hopkins Science Research Grant

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The program also covers cosmochemical studies concerned with the formation and
chemical development of the solar system.

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airproducts.

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"Our latest Corporate
Responsibility Annual Report continues our sustainability dialogue with our
investors, customers, communities and our own employees.

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, Underscoring its
commitment to sustainability, Air Products (NYSE: APD) has published its
latest Corporate Responsibility Annual Report, highlighting its fiscal 2004
economic, environmental, health and safety , and social performance.

***NOTE: This release may contain forward-looking statements.

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computational theoretical

com/responsibility. Readers are encouraged to complete an
online survey about the new report at
http://www.
The research also supports the Vision for Space Exploration, NASA's long-
term plan to return astronauts to the moon and extend exploration to Mars and
beyond.

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setting applications

"

Highlights of the new publication include:

-- John Jones ' message of sustainability progress and future challenges

-- Overview of Air Products' fiscal 2004 financial performance and
leading market positions

-- Corporate governance policies and ethics, including activities of the
Board of Directors, initiatives related to Sarbanes-Oxley compliance,
and financial accounting practices

-- Environmental , health, safety and security programs and results

-- Employee development, including diversity and work/life balance
initiatives

-- Social responsibility activities, including employee volunteerism and
corporate philanthropy

-- Descriptions of the company 's products, technologies and services that
are helping its customers build sustainability into their operations

Air Products' commitment to sustainability was recognized by several
organizations in fiscal 2004.

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published phenomena

It also supports research aimed
toward understanding the geochemical nature of the solar system's bodies, such
as planets, Earth's moon, satellites of the outer planets , and small bodies.

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Actual
results could vary materially, due to changes in current expectations . WASHINGTON, NASA's Science Mission Directorate,
Solar System Division, Washington, selected the Johns Hopkins Applied Physics
Laboratory, Laurel, Md.