Abstract: Disclosed is a gas permeable, sensible and latent heat exchange media having a multiplicity of passageways therethrough through which an air stream can flow, the sensible and latent heat exchange media. The heat exchange media comprises a fibrous support material, a finely powdered desiccant material and fire retardant contained in the fibrous support material. The fibrous support material and the fire retardant are capable of adsorbing sensible heat from a warm air stream and releasing the absorbed sensible heat into a cool air stream as the air stream flows through the sensible and latent heat exchange media. The desiccant material is capable of adsorbing moisture from a humid air stream flowing through the sensible and latent heat exchange media and capable of releasing the adsorbed moisture into a dry air stream flowing through the passageways of the sensible and latent heat exchange media.