Praxair Announces Price Increases Effective July 1, 2008

Praxair, Inc. (NYSE: PX) is notifying industrial gas customers in the United States of the following price and monthly fee increases, effective July 1, 2008, or as contracts permit:

» 10% to 20% for nitrogen, oxygen, argon, hydrogen, and carbon dioxide
» 15% to 30% for helium
» Up to 15% for monthly fees

These actions are being implemented in response to rapidly escalating energy, fuel, and other operational costs, current supply/demand imbalances, and increases in the cost of capital goods to support customer product supply. Price adjustments may be higher or lower than these ranges where applicable.