Honeywell Reports Third Quarter Sales of $7.7 Billion and Earnings of $0.80 Per Share

• Stronger Than Expected Earnings – Sales On Track, Positive Cost
Actions
• Cash Flow From Operations $2.6B YTD; Free Cash Flow $2.3B YTD, Up 14%
• Full-Year EPS Guidance ~$2.85, Raising Free Cash Flow To ~$3.0 Billion

MORRIS TOWNSHIP, N.J., October 23, 2009 — Honeywell (NYSE: HON) today
announced third quarter 2009 sales of $7.7 billion, in line with expectations,
versus $9.3 billion in the third quarter last year. Earnings were $0.80 per
share compared to $0.97 per share in the third quarter…

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