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Johnson Controls First Quarter Results to Exceed Expectations

11 January 2000

Johnson Controls First Quarter Results to Exceed Expectations

    MILWAUKEE, Jan. 10 -- Johnson Controls, Inc.(JCI) ,
said today that it expects to report that earnings for the first quarter of
its fiscal 2000 will exceed market expectations, increasing approximately 22%
over the $.86 per diluted share for the three months ended December 31, 1998.
    The company said that the higher than anticipated results are primarily
due to stronger performances by both its automotive and controls businesses.
According to Chairman and Chief Executive Officer, James H. Keyes, "In the
automotive business, we were able to realize the benefits of higher than
expected vehicle production levels.  We also are pleased by the double-digit
rate of growth in controls, especially in our domestic markets."  The company
added that only an estimated $.02 of the year-over-year improvement is
attributable to its tax rate declining to 39.6% from 40.5%.
    Johnson Controls released the above preliminary results in advance of a
meeting with analysts on January 11th at the North American International Auto
Show in Detroit where it is showcasing its latest innovations in interior
comfort, convenience and entertainment.  The company stated that it intends to
release its final results for the December quarter on Wednesday, January 19th.
    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 seating and interior systems, and batteries.  For nonresidential
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 1999
totaled $16 billion.
    The company has made forward-looking statements in this document
pertaining to its financial results for the first quarter of fiscal 2000 that
are based on preliminary data and are subject to risks and uncertainties.
Forward-looking statements include information concerning possible or assumed
future risks and may include words such as "believes," "expects,"
"anticipates" or similar expressions.  For those statements, the company
cautions that the numerous important factors discussed in the company's Form
8-K (dated October 11, 1999) could affect the company's actual results and
could cause its actual consolidated results to differ materially from those
expressed in any forward-looking statement made by, or on behalf of, the
company.