Honeywell to Discuss Performance Track Record and Progress on 5 Year Plan at Annual Investor Conference

Honeywell News Release:

3/6/2013

Honeywell to Discuss Performance Track Record and Progress on 5 Year Plan at Annual Investor Conference

• Reaffirming 1Q And Full-Year 2013 Outlook • On Track To Achieve 2014 Targets Despite Slow Global Economic Growth Outlook • Great Positions In Good Industries Contributing To Growth And Margin Expansion • Continued Robust Cash Flow Generation Provides Flexibility To Deliver Value MORRIS TOWNSHIP, N.J. – March 6, 2013 – Honeywell (NYSE: HON) will hold its annual investor conference in New York City today to discuss its innovation, execution and commitment to continued outperformance led by its disciplined operating principles that will drive continued sales and earnings growth, margin expansion and robust cash generation over the long-term. “Our business model is working,” said Honeywell Chairman and CEO Dave Cote. “Our One Honeywell performance culture is now pervasive and is being applied across our terrific portfolio with a relentless focus on improving our internal processes, driving productivity and sustainable growth. Today we’re achieving top-tier performance with a differentiated and balanced mix of long- and short-cycle businesses, a robust pipeline of new products, and geographic expansion. The Honeywell Operating System, Functional Transformation, Organizational Effectiveness, and Velocity Product Development™, will continue to be long-term differentiators for the company and meaningful contributors to achieving our 2014 sales and segment margin targets set in 2010.” “The ‘Diversity of Opportunity’ at Honeywell will continue to position the company for growth over the long-term,” continued Cote. “While we anticipate another slow growth macro environment in 2013, Honeywell’s Great Positions in Good Industries, links to key macro trends like safety, security, energy, and productivity, and more global positioning will help us achieve our sales, margins, earnings and free cash flow targets for the year. We’ll deliver on these results while continuing to invest in our future.” “Honeywell will continue to fund smart seed planting investments, including disciplined acquisitions, high growth region expansion, differentiated technologies and increased capacity to deliver on business we’ve already won,” continued Cote. “We also intend to return cash to shareowners through opportunistic buy-backs and increased dividends.” “We’re not even at the halfway point yet, and there’s a lot of runway in front of us,” concluded Cote. “The more we do, the more opportunity that we uncover. The best is certainly yet to come for Honeywell.” The company reaffirms its 1Q and full-year 2013 sales and proforma EPS1 guidance:  1Q13 Guidance 1Q13 Change Current Guidance vs. 2012   Sales     $9.3 - $9.5B  0 - 2% Earnings Per Share $1.10 - $1.15 6 - 11% Full Year Guidance 2013 Change Current Guidance vs. 2012   Sales     $39.0 - $39.5B  4 - 5% Segment Margin 15.8 - 16.1% 20 - 50 bps Operating Income Margin1 14.2 - 14.5% 60 - 90 bps Earnings Per Share1 $4.75 - $4.95 6 - 11% Free Cash Flow2   ~$3.7B  ~Flat 1. Proforma, V% / bps Exclude Any Pension Mark-to-Market Adjustment 2. Free Cash Flow (Cash Flow from Operations Less Capital Expenditures) Prior to Any NARCO Related Payments and Cash Pension Contributions  Related presentation materials and webcast information for the Honeywell annual investor conference are available at www.honeywell.com/investor prior to the investor meeting. A replay of the webcast will be available following the presentation at the same link listed above for 30 days. Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and performance materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.