Chart Industries, Inc. ("Chart") (Nasdaq: GTLS) announced today that it had commenced a secondary offering of 12,612,648 shares of its common stock to be sold by certain of its stockholders, including FR X Chart Holdings LLC, an investment fund affiliated with First Reserve Corporation, which is offering all of its shares for sale, and certain of Chart's executive officers and employees, pursuant to a registration statement that Chart previously filed with the Securities and Exchange Commission. FR X Chart Holdings LLC is selling 12,376,214 shares in the aggregate, Chart's executive officers, including its chief executive officer, are selling 140,000 shares in the aggregate, and certain other employees are selling 96,434 shares in the aggregate. Chart will grant the underwriters an option to purchase up to 1,891,897 additional shares of its newly issued common stock to cover over-allotments. Chart will not receive any proceeds from the sale of shares by the selling stockholders and, if the over-allotment option is exercised, will use the proceeds for general corporate purposes, including debt reduction.

Morgan Stanley & Co. Incorporated, Lehman Brothers Inc. and Goldman, Sachs & Co. are serving as joint book-running managers of the offering. Natexis Bleichroeder Inc. and Simmons & Company International are co-managers of the offering.

The offering is being made by means of a prospectus, copies of which may be obtained by contacting Morgan Stanley & Co. Incorporated, Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014,or by contacting Lehman Brothers Inc., c/o Broadridge Prospectus Fulfillment, 1155 Long Island Avenue, Edgewood, NY 11717, or by contacting Goldman, Sachs & Co., Attn: Prospectus Dept., 85 Broad Street, New York, NY 10004.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Chart is a leading global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases. The majority of Chart's products are used throughout the liquid gas supply chain for purification, liquefaction, distribution, storage and end-use applications, the largest portion of which are energy-related. Chart has domestic operations located in eight states and an international presence in Australia, China, the Czech Republic, Germany and the United Kingdom.