AMSTERDAM, Netherlands, December 16, 2008. Honeywell Fluorine Products Europe B.V. announced today a price increase for its GENETRON® R-22 refrigerants in Europe. All prices for bulk and packaged deliveries will increase by 10 percent as of February 1st, 2009.

These further price increases are still necessary to offset the increases in costs of raw material that the Fluorine Products Business is incurring from its suppliers and that had not been passed on in full to the market in 2008. Despite a global softening of commodity prices, raw materials for fluorocarbon production are still at unprecedented levels.

Due to the phase-out of ozone-depleting substances, in particular R-22 in Europe resulting in a use ban in the European Union as of January 1, 2010, Honeywell Fluorine Products will stop selling the product around the end of the third quarter 2009. Honeywell will actively encourage users of R-22 to convert to environmentally more beneficial solutions such as R-404A, R-507, R-410A and others.

Honeywell Fluorine Products Europe B.V. is a fully owned subsidiary of Honeywell International Inc.
Honeywell International Inc. is a $38 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 http://www.honeywell.com.

Honeywell Specialty Materials, based in Morristown, N.J., is a $4.9 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.

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Media Contact:
Sabine Chmielewski
+49 (0) 5137 -999-9411
sabine.chmielewski@honeywell.com