Ratings of the last 3 Monthslast RatingDateInstitute
10          14           1 hold     18.08.2010J.P. Morgan Cazenove

Rating Date Institute
Linde strong Q2 figures more 18.08.2010 J.P. Morgan Cazenove
Linde broad growth more 12.08.2010 FOCUS-MONEY
Linde rise in estimates more 04.08.2010 Nomura Equity Research
Linde approaching record earnings more 04.08.2010 Raiffeisen Centrobank
Linde on the way to a new record year more 04.08.2010 Hamburger Sparkasse
Linde Q2 with further profitability improvements more 04.08.2010 SEB
Linde cash flow not very impressive more 03.08.2010 Banc of America Securities-Merrill Lynch Research
Linde rise in forecasts more 03.08.2010 Exane BNP Paribas
Linde growth rates accelerated in Q2'2010 more 03.08.2010 Nord LB
Linde positive surprise more 03.08.2010 Citigroup

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The above summaries of analysts’ reports are not based on Linde AG’s own research but on research, reports, recommendations or ratings of third parties, particularly equity research analysts. They are published on this Internet site for informational purposes only and without obligation. None of the ratings and recommendations on this Internet site is intended as an offer or encouragement to buy, hold or sell securities in general or Linde securities in particular. The analysts’ opinions and recommendations, predictions, estimates and forecasts solely reflect the views of those analysts. Neither Linde AG nor the members of its Executive Board adopt, confirm or support them in any way. Linde AG accepts no liability for correctness, completeness, selection and currency of the analysts’ reports and recommandations. Linde AG accepts no liability for damages or losses incurred by third parties based on the information published on this Internet site.