Honeywell Forecasts 2010 Sales of $31.3-32.2 Billion; Earnings Per Share of $2.20-2.40

• Company Forecasts 1-3% Organic Sales Growth in 2010
• 2010 EPS Growth of 1-8% Excluding Non-Cash Pension Expense
• 2010 Continued Strong Operating Cash Flow; FCF Conversion Greater Than
100%

MORRIS TOWNSHIP, N.J., December 16, 2009 — Honeywell (NYSE: HON)
announced today that it expects 2010 sales of $31.3 to 32.2 billion and
earnings per share of $2.20 to 2.40 ($3.00 to 3.20 excluding non-cash pension
expense). Free cash flow (cash flow from operations less capital expenditures)
is expected…

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