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PRAXAIR DECLARES FIRST DIVIDEND

 PRAXAIR DECLARES FIRST DIVIDEND
 DANBURY, Conn., July 21 /PRNewswire/ -- Praxair, Inc. (NYSE: PX)


today announced its board of directors has declared the company's first quarterly dividend payment of $0.0625 per share. The dividend is payable to shareholders of record on Sept. 8, with payment date of Sept. 15.
 Praxair also said it intends to establish a regular dividend payment schedule of Dec. 15, March 15, June 15 and Sept. 15, subject to board approval of each dividend.
 Praxair became an independent public company June 30, following the distribution of its shareholders of Union Carbide Corporation. Praxair is the largest supplier of Industrial gases in North and South America and one of the largest worldwide.
 -0- 7/21/92
 /CONTACT: William E. Hoerger of Praxair, 203-794-6986
 (PX) CO: Praxair Inc. ST: Connecticut IN: CHM SU: DIV


AH-SM -- NY092 -- 1466 07/21/92 15:32 EDT
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Publication:PR Newswire
Date:Jul 21, 1992
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