In the first year after the acquisition of BOC, our communications with the capital market focused not only on integration, but also on the strategic reorganisation of the Group and the related growth opportunities.

We have continued to enhance the transparency of our reporting and have provided detailed and up-to-date information about the status of the transformation process. As a result, we were able to make it even easier to understand our business performance and to foster enduring confidence in the capital market.

In more than 300 separate conversations with financial analysts and investors and in numerous teleconferences, we have explained our focus on the global gases and plant construction businesses and informed our shareholders and potential investors about the opportunities presented by our new business model.

In the course of 24 road shows and investors’ conferences, we have given the participants in the capital market in all the major international financial centres the chance to discuss the current business situation of the Group and its prospects and long-term strategic focus with members of the Executive Board.

In the current year 2008, we will intensify our contact with existing investors and set about attracting new investors by expanding our communications with the capital market. Our investor relations activities will continue to focus on a clear and consistent presentation of our excellent position in the various operating areas, our competitive edge and the attractive growth opportunities in our end markets.

All current information about Linde shares is to be found on our website at www.linde.com in the Investor Relations section. In addition, you can obtain information and answers to your questions by ringing us on +49.89.35757-1321. You are also welcome to send us your questions online at investorrelations@linde.com.