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Airgas Declares Regular Dividend for Fourth Quarter FY2012

RADNOR, PA - March 1, 2012 - Airgas, Inc. (NYSE: ARG) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.32 per share, payable on March 30, 2012 to shareholders of record as of March 15, 2012.

About Airgas, Inc.

Airgas, Inc. (NYSE: ARG), through its subsidiaries, is the largest U.S. distributor of industrial, medical and specialty gases, and hardgoods, such as welding equipment and supplies. Airgas is also a leading U.S. producer of atmospheric gases, carbon dioxide, dry ice, and nitrous oxide, one of the largest U.S. distributors of safety products, and a leading U.S. distributor of refrigerants, ammonia products, and process chemicals. More than 14,000 employees work in approximately 1,100 locations, including branches, retail stores, gas fill plants, specialty gas labs, production facilities and distribution centers. Airgas also distributes its products and services through eBusiness, catalog and telesales channels. Its national scale and strong local presence offer a competitive edge to its diversified customer base. For more information, please visit www.airgas.com.

Investor and Media Contact:
Barry Strzelec (610) 902-6256
barry.strzelec@airgas.com

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