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Johnson Controls Selected by Industry Week Magazine

3 September 1999

Johnson Controls Selected by Industry Week Magazine as One of the World's 100 Best-Managed Companies
    MILWAUKEE, Sept. 2 -- Johnson Controls has been
selected for the fourth annual list of Industry Week 100 Best-Managed
Companies, published by "Industry Week" magazine.
    Johnson Controls is one of only 45 companies that have appeared on the 100
Best Managed Companies list for all four years.
    Candidates for the 100 Best-Managed Companies list were culled from the
Industry Week 1000, a list of the world's largest publicly held manufacturing
companies based on revenues.
    Johnson Controls was selected after an evaluation of financial performance
and company's practices in areas such as philanthropy and safety, and voting
by a panel of more than 100 business leaders, analysts, and academicians.
    "Our selection once again to the Industry Week 100 Best Managed Companies
list is affirmation of our success in finding new ways to exceed customer
expectations through innovation, technology and continuous improvements in
quality, service and value," said James H. Keyes, chairman and chief executive
officer of Johnson Controls.
    "Industry Week's 100 Best Managed Companies demonstrate superior,
consistent financial performance," says John Brandt, editor-in-chief of IW.
"We also honor these companies for investing heavily in such areas as research
and development, new markets, employees, and society."
    Johnson Controls, Inc. is a global market leader in automotive systems and
facility management and control. In the automotive market, it is a major
supplier of seating and interior systems, and batteries. For non-residential
facilities, Johnson Controls provides building control systems and services,
energy management and integrated facility management. Johnson Controls,
founded in 1885, has headquarters in Milwaukee, Wis. Its sales for 1998
totaled US$12.6 billion.