Honeywell to sponsor AER engines

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HONEYWELL BEGINS SPONSORSHIP OF AER AT LE MANS RACE Le Mans, France, June 4, 2005 -- Honeywell today announced its sponsorship of AER Limited in its race engine programs, starting with 24 Hours of Le Mans on June 18, 2005 and continuing...

HONEYWELL BEGINS SPONSORSHIP OF AER AT LE MANS RACE

Le Mans, France, June 4, 2005 -- Honeywell today announced its sponsorship of AER Limited in its race engine programs, starting with 24 Hours of Le Mans on June 18, 2005 and continuing through the 2005 Le Mans Endurance Series (LMES) and American Le Mans Series (ALMS) racing seasons.

As a sponsor, Honeywell Turbo Technologies, the maker of Garrett( turbochargers, has entered into a technical partnership with AER Limited, working together to exploit the performance, fuel efficiency and durability potential of turbocharged engines for endurance racing.

"We're pleased to have the opportunity to collaborate with AER, the worldwide leader in the development of turbocharged race engines available to private teams for prototype sportscar racing," according to Doug Milliken, Manager of Motorsports Engineering at Honeywell Turbo Technologies.

AER race engines equipped with Honeywell's Garrett( turbos most recently demonstrated their performance capabilities with Dyson Racing, taking a 1-2 overall victory at the ALMS race in Lexington, Ohio May 22.

Chamberlain-Synergy Racing, also using a Garrett(-boosted AER race engine, won the LMP2 class at the LMES race at Spa, Belgium on April 17. For the last three years, the ALMS Drivers' Champions in the LMP2/LMP675 categories have been won by Garrett(-boosted AER engines, which have also helped AER win the ALMS Manufacturers' championship in two of the last three seasons.

At the 2005 24 Hours of Le Mans, AER engines with Garrett( turbochargers are used in the LMP2 class with six entries by the following teams: Chamberlain-Synergy Racing (UK), Intersport Racing (US), Miracle Motorsports (US) and Paul Belmondo Racing (France).

Honeywell's Garrett( turbochargers were first associated with 24 Hours of Le Mans in the 70s when Renault had a three-year program culminating in an overall race win in 1978 with the Garrett(-boosted 2.0 liter V6 Alpine. Since 1998, Honeywell Turbo Technologies has partnered with several car manufacturers and helped make Garrett(-turbocharged race engines regular winners at this famous racing event.

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; specialty chemicals; fibers; 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.

-honeywell-

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Series ALMS , LEMANS , ELMS

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