AMSTERDAM, Netherlands, January 29, 2008. Honeywell Fluorine Products Europe B.V. announced today a price increase for its GENETRON® refrigerants in the Middle East and Africa. All prices for bulk and packaged deliveries will increase by 7 percent as of March 1st, 2008 or as soon as agreement permits. There will be no pre-buy period.

The price increases are necessary to offset the increases in costs of raw material such as sulphur and hydrofluoric acid, energy and freight that the Fluorine Business is incurring from its suppliers. "Low prices on hydro-fluoro-carbons (HFCs) in general and increasing cost have led to unsustainable margins across the Fluorine Business" says Rene Mueller, Managing Director Fluorines Europe, Middle East, Africa and India (EMEAI).

Honeywell Fluorine Products Europe B.V. is a fully owned subsidiary of Honeywell International Inc. Honeywell International Inc. is a $34 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 $4.7 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.

This report contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of fact, that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management's assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by our forward-looking statements. Our forward-looking statements are also subject to risks and uncertainties, which can affect our performance in both the near- and long-term. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

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