プレスリリース PRESS RELEASE


Japan Air Gases becomes a 100% affiliate of Air Liquide Group (March 5, 2007)

Following the announcement made on December 21st 2006 regarding the purchase of the 45% minority share in Japan Air Gases (JAG) by Air Liquide, we are pleased to announce that the transaction was completed as planned on 1st of March, 2007 in Tokyo.

JAG has now become a 100% affiliate of Air Liquide Group which will allow it to better support its customers in their development around the world, as well as play a key role in the Japan technical hub of Air Liquide for Asia.

On the same day after the conclusion of this transaction, the Board Meeting and Shareholders Meeting of JAG were held, and following members were appointed as Directors of the Board and Executive Officers of JAG.

Director, Chairman of the Board Toyofumi Shimohata
Director, Representative Executive Officer, President & CEO Guy Salzgeber
Director, Executive Officer, Vice President, Electronics Business Akihiko Morisha
Director, Executive Officer, Vice President & CFO Ronnie Chalmers
Executive Officer, Human Resources Toshinobu Iwasaki
Director, Executive Officer, Safety, Risk & Industrial Regulatory Compliance Eiji Hayashitani
Director, Executive Officer,
in charge of Industrial Merchant and Sales Network
Jean-Francois Lecouffe
Director (external) Jean-Pierre Duprieu
Director (external) John Glen

******
Japan Air Gases Ltd. (Headquarter: Tokyo, CEO and President Guy SALZGEBER, Capital: 10,509 million yen) was established in January 2003, on the purpose to integrate industrial and medical gas business of Air Liquid Japan, Ltd. (operation started in 1907) and Osaka Sanso Kogyo Ltd. (established in 1934). Japan Air Gases is a 100% affiliate of Air Liquide Group, a world leader in industrial and medical gases and related services. Thanks to Air Liquide’s global technology and experiences, Japan Air Gases Ltd. is able to supply most advanced solutions to its customers.


Contact: Toyoyama, Shun, Communication Dept. Communication Group, Japan Air Gases Ltd.
TEL:03-3536-2642 URL:http://www.japanairgases.co.jp/

Copyright © 2008 Japan Air Gases Co. All Rights Reserved.