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Airgas, Inc. Acquires Two Industrial Gas Distributors

RADNOR, Pennsylvania, May 8, 1998 -- Airgas, Inc. (NYSE-ARG) announced today that it has completed the acquisitions of two industrial gas distributors with combined annual sales of approximately $3 million.

State Welders Supply, LLC is a distributor of industrial and specialty gases and related equipment located in Sulphur, Louisiana. Emerald Welding Supply Co., Inc. is a distributor of industrial gases and welding supplies located in Springfield, Oregon.

Since April 1, 1997, Airgas has completed the acquisition of distributors with annual sales totaling $277 million, including 22 industrial gas distributors with sales of approximately $80 million, two industrial product distributors with sales of $106 million and seven carbon dioxide distributors with sales of $91 million. Currently, the Airgas distributor network includes approximately 700 locations in 42 states, Canada and Mexico. Airgas is the largest distributor of industrial, medical and specialty gases and related equipment in North America. Airgas can be visited via the Internet at http://www.airgas.com.

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