X0202 4 2008-01-03 0 0000002969 AIR PRODUCTS & CHEMICALS INC /DE/ APD 0001178437 FAIRBAIRN URSULA F 7201 HAMILTON BOULEVARD ALLENTOWN PA 18195 1 0 0 0 Common Stock 2008-01-03 4 M 0 17956 97.46 A 17956.00 D Phantom Stock 2008-01-03 4 M 0 17956 97.46 D 1988-08-08 1988-08-08 Common Stock 17956.00 4117.49 D The reporting person settled a portion of his/her shares of phantom stock for shares of Air Products and Chemicals, Inc. common stock. Phantom deferred stock units (Units) acquired under the Air Products Stock Account of the issuer's Deferred Compensation Program for Directors, of the Company's Long-Term Incentive Plan (the Plan). Under the Plan, all non-employee directors are credited with Units for the portion of their Board retainer required to be received in this form and they are permitted to defer receiving payment of all or a portion of the remainder of their Board and Committee retainers and meeting fees. Not applicable to this security. These units are payable in the form of shares of Common Stock equal in number to the units, at the time elected by the reporting person, which is generally after service on the issuer's Board of Directors ends. Units may be paid in a lump sum or up to ten installments as elected by the reporting person in advance. By: Linda M. Svoboda as Attorney in Fact 2008-01-04