Declaration of compliance with the German Corporate Governance Code

On 11 March 2008, we made the following annual declaration of compliance with § 161 of the German Stock Corporation Law (AktG) and made it available on a permanent basis on the company’s website at www.linde.com:

“The Executive Board and the Supervisory Board of Linde AG declare in accordance with § 161 of the German Stock Corporation Law:

Linde AG has complied and will in future comply with all the recommendations of the Government Commission on the German Corporate Governance Code as amended on 14 June 2007.

Since it made its last declaration of compliance on 9 March 2007, Linde AG has complied with the recommendations of the Code as amended on 12 June 2006 with the publication of its 2006 annual report on 12 March 2007 (individualised figures disclosed for compensation paid to members of the Executive and Supervisory Boards). Linde has complied with the recommendations set out in the Code as amended on 14 June 2007 by setting up a nomination committee at the Supervisory Board meeting on 11 September 2007.

Munich, 11 March 2008
Linde AG”

All the declarations of compliance with the German Commercial Code which have been made so far can be found on our website.

Munich, 11 March 2008
Linde AG

The Supervisory Board                                       The Executive Board