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ClimateMaster CEO Receives Industry Award

OKLAHOMA CITY, May 3, 2004 –ClimateMaster’s CEO Barry Golsen received the 2004 Ambassador Lifetime Achievement Award in recognition of his contributions to the geothermal water source heat pump industry from the International Ground Source Heat Pump Association (IGSHPA). Industry leaders presented Golsen with the award at the annual Geothermal Roundup Technical Conference and Expo hosted by IGSHPA at Oklahoma State University in Stillwater, Oklahoma.

Upon accepting the award, Golsen praised ClimateMaster’s employees for their ingenuity and dedication to the company and its advancement of geothermal technology.

“I consider this industry award to be recognition of the entire ClimateMaster organization and ClimateMaster’s leadership position as a pioneer of geothermal technology,” said Golsen.

Golsen joined LSB Industries, ClimateMaster’s parent company, in 1978 as a product manager at International Environmental Corporation and was responsible for the development and introduction of LSB’s water source heat pump product line. He has served on the LSB Board of Directors since 1981 and recently was elected as President of LSB. His professional affiliations include the Oklahoma Bar Association, the American Bar Association, the American Society of Heating, Refrigeration and Air-conditioning Engineers, and the World Presidents Organization.

ClimateMaster, Inc., headquartered in Oklahoma City, leads the world in the design and manufacturing of water source heat pumps for geothermal, commercial, industrial and residential applications. ClimateMaster, Inc. is a wholly-owned subsidiary of LSB Industries, also headquartered in Oklahoma City.

LSB is an international manufacturing, marketing, and engineering company. LSB’s principal business activities consist of the manufacture and sale of commercial and residential climate control products, the manufacture and sale of chemical products for the mining, agricultural and industrial markets, the provision of specialized engineering services, and other activities. The Company’s stock is traded on the AMEX under the symbol LXU.

For more information about ClimateMaster, visit www.climatemaster.com.

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7300 SW 44th Street, Oklahoma City, OK 73179 405-745-600