Praxair Issues $500 Million of 2.125% Notes Due June 14, 2013

Praxair Issues $500 Million of 2.125% Notes Due June 14, 2013

January 11, 2010

DANBURY, CT, January 11, 2010 — Praxair, Inc. (NYSE: PX) has priced $500 million of 2.125% notes due June 14, 2013. The notes are being offered under its universal shelf registration statement filed with the U.S. Securities and Exchange Commission. The offering is led by Citigroup Global Markets Inc., HSBC Securities (USA) Inc. and RBS Securities Inc.

The offering is expected to close on January 14, 2010. The company anticipates using the proceeds of the offering to repay short-term debt, including the company’s $500 million Floating Rate Notes due May 26, 2010, to fund share repurchases under the company’s share repurchase program and for general corporate purposes. Prior to their application, the net proceeds may be invested in short-term investments. The company’s long-term debt is rated A2 by Moody’s Investors Service and A by Standard and Poor’s, a division of The McGraw-Hill Companies.

Nothing herein shall constitute an offer to sell or the solicitation of an offer to buy the securities, nor shall there be any sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful. The offering is being made by means of a prospectus and related prospectus supplement only, copies of which or information concerning this offering may be obtained by contacting Citigroup Global Markets Inc. at Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, New York 11220, 1-877-858-5407 Attention: Prospectus Department, HSBC Securities (USA) Inc. at 452 Fifth Avenue, New York, NY 10018, 1-866-881-8049, Attention: Transaction Management or RBS Securities Inc. at 600 Washington Boulevard, Stamford CT 06901, 1-866-884-2071, Attention: Debt Capital Markets Syndicate.

Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric and process gases, and high-performance surface coatings. Praxair’s products, services and technology bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, electronics, energy, food and beverage, healthcare, manufacturing, metals and others. More information on Praxair is available at www.praxair.com.

Contact
Media Contact:
Nigel Muir

Email: nigel_muir@praxair.com

Phone: 1-203-837-2240

Investor Relations Contact:
Elizabeth Hirsch

Email: liz_hirsch@praxair.com

Phone: 1-203-837-2354