Exhibit 99.1

News Release
  Airgas, Inc.
259 N. Radnor-Chester Road
Suite 100
Radnor, PA 19087-5283
Investor Contact:   Media Contact:
Jay Worley (610) 902-6206   James Ely (610) 902-6010
jay.worley@airgas.com   jim.ely@airgas.com
For release: Immediately
Airgas Reports Strong Third Quarter EPS of $0.67
RADNOR, PA — January 28, 2008 —
Airgas, Inc. (NYSE: ARG), the largest U.S. distributor of industrial, medical, and specialty gases, and welding, safety, and related products, today reported strong growth in sales, operating income, and earnings for its third quarter ended December 31, 2007.
Quarterly net earnings were $56.8 million, or $0.67 per diluted share, compared to $32.5 million, or $0.40 per diluted share, in the prior year. The current year quarter includes $0.01 per diluted share of integration expense primarily associated with the acquisition of Linde’s U.S. packaged gas business, and a one-time $0.01 per diluted share tax benefit related to a change in state tax law. The prior year quarter included a charge of $7.9 million after-tax, or $0.10 per diluted share, on the early extinguishment of debt. After adjusting the prior year quarter for the impact of the debt charge, net earnings grew 41%*.
Third quarter sales grew 28% over the prior year to $1 billion. Acquisitions contributed 21% to the sales growth. Total same-store sales increased 7%, with hardgoods up 6% and gas and rent up 8% from the prior year quarter. The Company’s strategic product categories, including bulk, medical and specialty gases, safety products, and carbon dioxide, posted 11% organic growth in the quarter. These product categories now account for 40% of total Company revenues.
“This was our second quarter with more than $1 billion in sales, demonstrating the effectiveness of our growth strategies. We are seeing good growth in energy and infrastructure construction, which has bolstered our core business. We continue to grow our strategic product categories at above-market rates,” said Airgas Chairman and Chief Executive Officer Peter McCausland.
“We also continue to grow through acquisitions. Fiscal 2008 is our second consecutive record year of acquired revenue, with a total of 16 acquisitions and $450 million in acquired annual revenue to date. The


The following information was filed by Airgas Northern California Nevada Inc on Tuesday, January 29, 2008 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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