Honeywell International Declares Quarterly Dividend

MORRIS TOWNSHIP, N.J. – October 27, 2006 -- The Board of Directors of Honeywell (NYSE: HON) has declared a regular quarterly dividend of $0.226875 per share on the company’s outstanding common stock. The dividend is payable on December 8, 2006 to shareowners of record at the close of business on November 20, 2006.

Honeywell International is a $30 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.

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Rob Ferris

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Honeywell International

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