PRESS RELEASE

CHART ANNOUNCES MAY SURCHARGE AND PRODUCT PRICING UPDATES

Garfield Heights, OH – May 12, 2005 – Chart Industries, Inc. (OTC: CIDI.OB) announces adjustments to its surcharge schedule for bulk cryogenic storage tanks, cryogenic liquid cylinders, MicroBulk products, beverage CO2 equipment and liquid helium dewars. These new surcharges are applicable to all orders received after May 15, 2005.

Tom Carey, President – Chart Distribution & Storage Group, states, “Nickel surcharges applied to purchases of stainless and alloy steel products are at historically high levels in May 2005. The pricing for alloy steels used in the construction of bulk storage tanks continues to be particularly problematic and, as a result, Chart is adjusting its published surcharges accordingly. In general, Chart is aware that further increases in our base prices will limit the ability for our customers to change the mode of end users to cryogenic supply solutions. Hence, despite continued upward pressure in all aspects of our total cost, Chart is holding its base prices at levels effective since February 15, 2005. The exception to this is that any contract business in place at pricing below our February 15th schedules is being increased to current levels as contracts expire and will permit. Chart will continue to actively manage its material costs, and reserves the right to pursue future price increases if conditions deteriorate over the course of the year.” The new surcharge schedule is available on the Chart website at www.chart-ind.com.

Chart Industries, Inc. is a leading global supplier of standard and custom engineered products and systems serving a wide variety of low temperature and cryogenic applications. Chart has domestic operations located in seven states and an international presence in Australia, China, the Czech Republic, Germany and the United Kingdom.

Contact:
Jason J. Curtis
Corporate Director of Marketing
952-882-5167

May Surcharge Price List (PDF)

For additional information regarding these or other Chart press releases, please contact our Corporate Executive Offices at 440-753-1490.