DANBURY, Conn., December 19, 2003 — Praxair, Inc. (NYSE: PX) announced today that Dale F. Frey has elected to retire from the company’s board of directors, effective December 31, 2003.
Frey, a director of various U.S. corporations and former chairman and president of General Electric Investment Corporation, has served on the Praxair board since 1993.
"Dale has been a very active member of the board over the years and given valuable service on two key board committees," said Dennis Reilley, chairman and CEO of Praxair. "His wise counsel on a wide range of business issues will be missed."
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.
Susan Szita Gore