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Honeywell Honored for Commitment to France

8 March 2000

Honeywell Honored for Commitment to France

                5th Annual 'Invest in France Automotive Award'
                     Presented at SAE World Congress 2000


    TORRANCE, Calif., March 7 Honeywell said that
its Turbocharging Systems business enterprise received the prestigious "Invest
in France Automotive Award" today at the awards ceremony of the Society of
Automotive Engineers (SAE) World Congress 2000 in Detroit, Michigan.
    "For the past twenty years, Turbocharging Systems' operations in France
have been a key source of innovation, productivity and growth for the
business," said Jeff Sinclair, President of Honeywell Turbocharging Systems.
"This award has even more significance since it coincides with two recent
major milestones at our Thaon Les Vosges, France facility -- 20 years of
serving customers and ten million turbochargers produced."
    Honeywell Turbocharging Systems was one of just three North American
automotive suppliers to be honored with the award, which is given to companies
that are serving as economic influencers in France.  The award is being
presented by the Invest in France Agency, which serves as the French
government agency for foreign investment.
    "We are honored to receive this award and will continue to create a strong
presence in France for many years to come," added Sinclair.
    Honeywell Turbocharging Systems has been active in the French automotive
market since 1979, when the company first opened its turbocharger
manufacturing plant in Thaon Les Vosges under the Garrett(R) brand name with
just eight employees.  Two decades later, Turbocharging Systems has
1,200 employees and produces more than two million turbochargers a year from
that facility.  In addition, Turbocharging Systems' European headquarters are
currently based in Paris.
    The Award trophy is a limited edition crystal automobile designed and
fabricated by the world-renowned glasswork manufacturer Compangie Francaise
du Cristal Daum, established in Lorraine in 1878.

    With more than $1 billion in sales and 5,000 employees, Honeywell
Turbocharging Systems is a global manufacturer of Garrett(R) turbochargers and
superchargers for diesel and gasoline-driven passenger cars, commercial
vehicles and heavy-duty trucks.  The company's worldwide headquarters is based
in Torrance, California and its European headquarters is based in
Levallois-Perret, France.  Turbocharging Systems operates 15 manufacturing
facilities and technology centers in 12 nations throughout the Americas,
Europe and Asia.
    Honeywell is a US$24-billion diversified technology and manufacturing
leader, serving customers worldwide with aerospace products and services;
control technologies for buildings, homes and industry; automotive products;
power generation systems; specialty chemicals; fibers; plastics; and
electronic and advanced materials.  The company is a leading developer of
software, solutions, and Internet e-hubs, including MyAircraft.com and
MyPlant.com.  Honeywell employs approximately 120,000 people in 95 countries
and is traded on the New York Stock Exchange under the symbol HON, as well as
on the 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.  Additional information on the
company is available on the Internet at http://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.