Honeywell Comments on Court of First Instance's Conclusion on Bundling Theory

BRUSSELS, Belgium--(BUSINESS WIRE)--Dec. 14, 2005--Honeywell
(NYSE:HON) is pleased that the Court of First Instance has found that
the European Commission's theory on bundling in the GE-Honeywell
decision was flawed and incorrect. Honeywell believes that the Court's
conclusion on this key issue is important to the future ability of
global companies to enhance their businesses through acquisition.



Honeywell also confirms that today's court decision will not revive
merger discussions between the company and General Electric.

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.