Press Releases

Press Releases

ClimateMaster Reports Price Changes

OKLAHOMA CITY, OK, April 16, 2004---An upswing in the metals industry has increased the cost of source materials for products made by ClimateMaster, Inc., an international manufacturing company of water source heat pumps and geothermal heating and cooling systems. ClimateMaster was forced to increase prices on all units and accessories effective mid-April.

“The dramatic price increase in the cost of copper and steel materials has lead ClimateMaster to include a “metals surcharge” of 3 percent to 4 percent on all orders placed on or after April 19, 2004,” said John Bailey, vice-president of sales. “All quoted projects will expire on April 26, 2004. We encourage dealers to contact their ClimateMaster Regional Managers for more information.”

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. The American Stock Exchange ("AMEX") listed LSB Industries, Inc.’s common stock under the ticker symbol LXU. The specialist in LSB Industries, Inc. is AIM Securities Co., a member of the American Stock Exchange located in New York, New York.

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

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7300 SW 44th Street, Oklahoma City, OK 73179 405-745-6000