BW20030428002109  20030428T170304Z UTC


( BW)(HONEYWELL-INTL)(HON) Dividend Declaration

    Business Editors
    UK REGULATORY NEWS

    MORRIS TOWNSHIP, N.J.--(BUSINESS WIRE)--April 28, 2003--

                 HONEYWELL DECLARES QUARTERLY DIVIDEND

The Board of Directors of Honeywell (NYSE: HON) has declared a
regular quarterly dividend of $0.1875 per share on the company's
outstanding common stock. The dividend is payable on June 10, 2003 to
shareowners of record at the close of business on May 20, 2003.

Honeywell is a diversified technology and manufacturing leader,
serving customers worldwide with aerospace products and services;
control technologies for buildings, homes and industry; turbochargers;
automotive products; specialty chemicals; fibers; and electronic and
advanced materials. Based in Morris Township, N.J., Honeywell is one
of 30 stocks that make up the Dow Jones Industrial Average and is a
component of the Standard & Poor's 500 Index. Its shares are traded on
the New York Stock Exchange under the symbol HON, as well as on the
London, Chicago and Pacific Stock Exchanges. For more information
about Honeywell, 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:
Michael Holland
973-455-2728
michael.holland@honeywell.com

   Short Name: Honeywell Intl
   Category Code: DIV
   Sequence Number: 00004340
   Time of Receipt (offset from UTC): 20030428T171240+0100

    --30--ZW/uk*

    CONTACT: Honeywell International

    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: AEROSPACE/DEFENSE AUTOMOTIVE DIVIDEND
    SOURCE: Honeywell Intl

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