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LSB Industries, Inc. Names Richard Aldridge President of ClimateMaster, Inc.

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LSB Industries, Inc. (NYSE:LXU) (“LSB or “the Company”), a leading manufacturer of commercial and residential climate control products and a producer of chemical products for the agricultural, mining and industrial markets, today announced that Richard Aldridge has been appointed President of its ClimateMaster, Inc. subsidiary, the largest business in LSB’s Climate Control segment. Mr. Aldridge previously served as Vice President of Operations for the Climate Control Business.

Mr. Aldridge will assume executive management responsibility of ClimateMaster, which includes oversight and strategy formation for manufacturing operations, product development, and sales and marketing.

“Rick’s lengthy career and experience with large, world-class competitors in the HVAC industry has made him a tremendous asset to our Climate Control operations. Since joining LSB in 2012, he has been integral in driving changes to improve quality, safety, and efficiency resulting in reduced costs and increased customer satisfaction for the Climate Control Business,” stated Barry Golsen, President and CEO of LSB.

Mr. Aldridge will report to Steven Golsen, President and Chief Operating Officer of LSB’s overall Climate Control Business. He succeeds Daniel Ellis who will become Chief Technology Officer of the Climate Control Business with responsibility for developing alternative new technologies and systems configurations for LSB’s Climate Control product lines.

Steven Golsen said, “Our ClimateMaster brand heat pumps are considered to be at the forefront of heat pump technology, and hold industry leading market shares. As a result, we believe this business is well-positioned for significant growth in the coming years. Given Rick’s background and track record of success in positions of increasing responsibility, we believe that under his leadership, ClimateMaster should be able to realize its potential to deliver higher revenues and profitability, which should translate into increased value for LSB shareholders.”

Mr. Aldridge has more than 25 years of experience in the HVAC industry in positions of increasing responsibility. Prior to joining LSB Industries in 2012, he spent 11 years in executive positions with Ingersoll Rand (NYSE:IR) where he planned and implemented the deployment of LEAN manufacturing principals, directed the Company’s efforts in leveraging technology in the development and execution of its pricing strategies and led 6 Sigma initiatives for its global product management organization. Prior to working at Ingersoll Rand, Mr. Aldridge was with GE (NYSE:GE) Appliances for three years most recently serving as Director, Refrigeration Cost and Quality. Prior to that, he spent 10 years at Trane, a business unit of Ingersoll Rand, in the Company’s VAV (variable-air-volume) business, most recently in the position of Product Development Manager. Mr. Aldridge holds a number of technology patents and has written several articles for industry publications. He holds a Master of Science in Electrical Engineering and a Bachelor of Science in Electrical Engineering from Purdue University.

Steve Golsen continued, “We believe Rick’s extensive background with LEAN manufacturing and global product sourcing should accelerate ClimateMaster’s ongoing initiatives to streamline its cost structure and deliver margin improvement. Additionally, we expect that his experience with engineering, design and new product development should enable ClimateMaster to advance its innovation efforts and strengthen its reputation as a technology leader.”

About ClimateMaster, Inc.

ClimateMaster, Inc. is the leading North American manufacturer of water-source and geothermal heat pumps, which are considered to be the most energy efficient and environmentally friendly type of heating and cooling systems available on the market today. Headquartered in Oklahoma City, Oklahoma, ClimateMaster, Inc. is a wholly-owned subsidiary of LSB Industries, Inc.

About LSB Industries, Inc.

LSB is a manufacturing and marketing company. LSB’s principal business activities consist of the manufacture and sale of chemical products for the agricultural, mining, and industrial markets, and the manufacture and sale of commercial and residential climate control products, such as water source and geothermal heat pumps, hydronic fan coils, modular chillers, large custom air handlers and make-up air units.

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by use of the words “believes”, “expects”, “intends”, “anticipates”, “plans to”, “should”, “estimates”, “projects”, or similar expressions, including, without limitation, ClimateMaster can realize its potential to deliver higher revenues and profitability; increased value for LSB’s shareholders; streamline cost structure and margin improvement; strengthen its reputation as a technology leader; and growth of this business. Actual results may differ materially from the forward-looking statements as a result of various future events, including without limitation, the various factors described in the “Special Note Regarding Forward-Looking Statements,” and the “Risk Factors” contained in our most recent 10-K for the year ended December 31, 2013, and Form 10-Qs for quarters ended March 31, June 30 and September 30, 2014. These forward looking statements speak only as of the date of this press release, and LSB expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in LSB’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

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