Honeywell Completes Acquisition of RMG GROUP

Acquisition Strengthens Honeywell's Solution Portfolio, Creates Opportunity
for Global Growth in Clean Energy Industry

BRUSSELS, Aug. 17 /PRNewswire-FirstCall/ -- Honeywell (NYSE: HON) today
announced it has completed the acquisition of the RMG GROUP (RMG Regel +
Messtechnik GmbH and all of its subsidiaries, together RMG) for approximately
$400 million USD. The acquisition strengthens Honeywell's position in the
high-growth clean energy industry, specifically natural gas.

Based in Kassel, Germany, RMG is a global leader in natural gas measuring and
control products, services and integrated solutions. RMG will be part of
Honeywell Process Solutions (HPS), a business within Honeywell's Automation
and Control Solutions group. HPS provides automation and control systems,
safety systems, simulation technology, wireless technology and integrated
facility and process security systems for industrial process manufacturers.
RMG aligns strongly with Honeywell's extensive portfolio of field
instrumentation and control solutions.

"This acquisition brings great value to both Honeywell and RMG customers in
the natural gas production supply chain," said Norm Gilsdorf, president of
HPS. "The integration of RMG products into the Honeywell portfolio enables us
to provide more comprehensive solutions that can reduce installed, operating
and engineering costs and improve our customers' performance. In addition,
the deal provides significant opportunity to grow within our existing customer
bases in both mature and emerging markets around the world."

Honeywell International (www.honeywell.com) is a Fortune 100 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, and Chicago Stock Exchanges. For more news and information on
Honeywell, please visit www.honeywellnow.com. Honeywell Process Solutions is
part of Honeywell's Automation and Control Solutions group, a global leader in
providing product and service solutions that improve efficiency and
profitability, support regulatory compliance, and maintain safe, comfortable
environments in homes, buildings and industry. For more information about
Process Solutions, access www.honeywell.com/ps.

This release contains "forward-looking statements" within the meaning of
Section 21E of the Securities Exchange Act of 1934. All statements, other
than statements of fact, that address activities, events or developments that
we or our management intend, expect, project, believe or anticipate will or
may occur in the future are forward-looking statements. Forward-looking
statements are based on management's assumptions and assessments in light of
past experience and trends, current conditions, expected future developments
and other relevant factors. They are not guarantees of future performance,
and actual results, developments and business decisions may differ from those
envisaged by our forward-looking statements. Our forward-looking statements
are also subject to risks and uncertainties, which can affect our performance
in both the near- and long-term. We identify the principal risks and
uncertainties that affect our performance in our Form 10-K and other filings
with the Securities and Exchange Commission.

SOURCE Honeywell

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