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Honeywell Technology to Insulate China's National Olympic Stadium

Honeywell announced today that closed-cell polyurethane foam insulation using its Enovate(R) blowing agent is helping to insulate China's National Olympic Stadium, the first such use for a major public building in the region.

The insulating technology will help meet strict energy efficiency and environmental guidelines required by government construction authorities, as well as international Olympic construction guidelines regarding environmental protection. The energy-efficient material is used to insulate walls for seating areas for the National Stadium, commonly called the Bird's Nest.

The stadium will be the venue for the Opening Ceremony of the 29th Summer Olympic Games in Beijing, which begin in August 2008. The nearly 2.8 million square-foot facility will hold more than 90,000 spectators.

"Closed-cell spray foam insulation using Enovate is rapidly being adopted globally," said Ken Gayer, global business director for Honeywell's foam insulation blowing agents. "The material is proven and provides exceptional energy benefits and environmental performance compared to other insulation materials. Honeywell is honored that our technology will be a part of such a high-profile event like the upcoming Beijing Olympics."

Honeywell's Enovate blowing agent, a non-flammable, zero ozone-depleting hydrofluorocarbon (HFC) liquid, allows insulating foam to expand and helps provide many of the foam's key performance characteristics.

Yantai Polyurethane Co., Ltd, based in Yantai, Shandong Province, supplied the polyurethane insulation materials. Harbin Tianshuo Building Materials Industry Co., Ltd. is responsible for overall spraying construction.

The Bird's Nest is not the first major stadium to use this type of insulation. Closed-cell polyurethane using Enovate served as a roofing material to repair the Louisiana Superdome in New Orleans, La., following Hurricane Katrina in 2006. In addition to applications such as public buildings, the material is used to help insulate homes, especially walls and roofing, as well as for novel applications such as solar water heaters in China.

Major appliance makers also use foam with Honeywell Enovate to insulate refrigerator and freezer cabinets and doors to achieve ENERGY STAR(R) ratings. Honeywell recently announced a multi-year supply agreement with Hisense Kelon, a leading home appliance manufacturer based in Guangdong Province, China.

Honeywell is a leading innovator in high-performance foam insulation blowing agent technology. The company continues to innovate through its ongoing materials development programs, which include a low global warming potential (GWP) solution for Europe to address regulations regarding one- component foam used to seal around windows and doors.

Honeywell International is a $34 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, and Chicago 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.

Honeywell Specialty Materials, based in Morristown, N.J., is a $4.7 billion, global leader in providing customers with high-performance specialty materials, including fluorine products; specialty films and additives; advanced fibers and composites; intermediates; specialty chemicals; electronic materials and chemicals; and technologies and materials for petroleum refining.

This report 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.

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