ACG Selects Johnson Controls for Outstanding Growth Award

GLENVIEW, Ill., May 6, 2004 -- The Association of Corporate Growth (ACG) has recognized Johnson Controls, Inc. with the ACG Outstanding Growth Award in 2004. ACG presents the award annually to a company with sales of at least $500 million that has demonstrated outstanding growth during the previous five years, as well as distinctive strategic positioning and dynamic management leadership.

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Johnson Controls, which has its corporate headquarters in Milwaukee, Wisconsin, was nominated for the ACG award after receiving ACG Wisconsin's Outstanding Growth Award earlier this year. Johnson Controls was chosen as the recipient from a group of 19 winners endorsed by ACG chapters throughout the world. The company achieved sales of $22.6 billion in 2003 and has 118,000 employees worldwide.

Johnson Controls is the world's largest manufacturer of automotive interior systems and automotive batteries, and a leading global supplier of building controls and facility management. Each of the businesses has experienced consistent growth.

In selecting Johnson Controls, the ACG jury citied the company's 57 consecutive years of sales increases and 13 consecutive years of earnings increases. Over the past 10 years, sales have increased at a compounded rate of 16 percent annually and earnings have grown at a compounded annual rate of 18 percent.

The Outstanding Growth Achievement award was presented to Johnson Controls Chairman and CEO John M. Barth at the ACG InterGrowth(R) Conference, which was attended by over 1,000 participants.

Founded in 1954, the Association for Corporate Growth ( http://www.acg.org/ ) is the premier global association for professionals involved in corporate growth, corporate development, and mergers and acquisitions for mid to large companies. For 50 years, ACG members have focused on strategic activities that increase revenues, profits and, ultimately, stakeholder value. Today ACG stands at more than 8,000 members representing Fortune 500, Fortune 1000, FTSE 100, and mid-market companies in 42 chapters in North America, Europe and Asia.

Johnson Controls is a global market leader in automotive systems and facility management and control. In the automotive market, it is a major supplier of integrated seating and interior systems, and batteries. For non- residential facilities, Johnson Controls provides control systems and services including comfort, energy and security management. Johnson Controls , founded in 1885, has headquarters in Milwaukee, Wisconsin. For more information, visit www.johnsoncontrols.com .

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