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The Linde Group announced today that it has successfully completed its previously announced acquisition of Lincare Holdings Inc. As a result of the transaction, Lincare has become a wholly owned indirect subsidiary of Linde.

As previously announced, on 8 August 2012, Linde completed a tender offer in which it purchased approximately 88.85% of the shares of Lincare common stock then outstanding at USD 41.50 per share in cash.

Yesterday, Linde acquired all the remaining issued and outstanding shares of Lincare common stock by means of a short-form merger in which all such shares were converted into the right to receive the same $41.50 per share in cash that was paid in the tender offer. In order to accomplish the short-form merger, Linde exercised its "top-up" option to purchase additional shares of Lincare common stock directly from the Company. Lincare’s common stock will no longer be listed on the Nasdaq Global Select Market.

This press release is neither an offer to purchase nor a solicitation of an offer to sell shares of Lincare.

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