Praxair Declares Dividend in Third Quarter 2003

Praxair Declares Dividend in Third Quarter 2003

July 22, 2003

DANBURY, CT, July 22, 2003 — The board of directors of Praxair, Inc. (NYSE:PX) today declared a quarterly dividend of 21.5 cents per share, payable on September 15, 2003 to shareholders of record on September 5, 2003.

Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2002 sales of $5.1 billion. The company produces, sells and distributes atmospheric and process gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Contact
Media Contact:
Jason Stewart

Email: jason_stewart@praxair.com

Phone: 1-203-837-2448

Investor Relations Contact:
Kelcey Hoyt

Email: kelcey_hoyt@praxair.com

Phone: 1-203-837-2118