Honeywell International

Honeywell (NYSE:HON) announced today that it expects sales of approximately $30
billion and earnings of $2.35 - $2.50 per share (including stock option expense)
in 2006. Free cash flow in 2006 is expected to be $2.1 - $2.3 billion.

The company also confirmed its 2005 financial guidance. Sales for the full year
are anticipated to be approximately $27.6 billion and free cash flow is
projected to be $1.7 - $1.8 billion (cash flow from operations of $2.4 - $2.5
billion). Earnings per share is expected to be $2.11 - $2.13 (excluding the tax
charge associated with the repatriation of foreign earnings related to the
provisions of the American Jobs Creation Act of 2004), or $1.93 - $1.95 on a
reported basis.

"Honeywell is establishing an impressive track record of business and financial
performance," said Honeywell Chairman and Chief Executive Officer Dave Cote.
"Our strong 2005 performance is the result of better processes, improved quality
and delivery to customers and continued leadership in the industries we serve.
These factors, combined with continued growth in the global economy and
favorable macro-trends, such as energy efficiency, expanding concerns about
safety and security and increasing global flying hours, give us confidence in
our prospects for 2006."

Honeywell will discuss its results during its investor conference call and
webcast starting at 9:30 a.m. EST today. To participate on the conference call,
please dial (706) 643-7681 a few minutes before the 9:30 a.m. EST start. Please
mention to the operator that you are dialing in for Honeywell's investor
conference call. The live webcast of the investor call will be available through
the "Investor Relations" section of the company's Website
http://www.honeywell.com/investor. Investors can access a replay of the webcast
on the Website shortly after the conclusion of the conference call.

Honeywell International is a $26 billion diversified technology and
manufacturing leader, serving customers worldwide with aerospace products and
services; control technologies for buildings, homes and industry; automotive
products; turbochargers; and specialty materials. Based in Morris Township,
N.J., Honeywell's shares are traded on the New York, London, Chicago and Pacific
Stock Exchanges. It is one of the 30 stocks that make up the Dow Jones
Industrial Average and is also a component of the Standard & Poor's 500 Index.
For additional information, please visit www.honeywell.com.

This release contains forward-looking statements as defined in Section 21E of
the Securities Exchange Act of 1934, including statements about future business
operations, financial performance and market conditions. Such forward-looking
statements involve risks and uncertainties inherent in business forecasts as
further described in our filings under the Securities Exchange Act.


    CONTACT: Honeywell International
             Media:
             Robert C. Ferris, 973-455-3388
             rob.ferris@honeywell.com
             or
             Investors:
             Nicholas Noviello, 973-455-2222
             nicholas.noviello@honeywell.com

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