Honeywell Receives European Commission Approval to Acquire Sperian Protection

By Honeywell, PRNE
Wednesday, August 4, 2010

MORRIS TOWNSHIP, New Jersey, August 5, 2010 - Honeywell (NYSE: HON) today announced it has received approval from the
European Commission for its pending all cash tender offer to acquire the
shares of Sperian Protection for euro 117 (dividend attached) per Sperian
Protection share, which opened on July 12, 2010.

The completion of the offer only remains subject to the successful tender
by Sperian's shareholders of shares representing no less than 57% of the
fully diluted number of shares (including the stakes of shareholders Essilor
and Mrs. Ginette Dalloz which shares are expected to be acquired by Honeywell
on August 9, 2010 in accordance with the previously announced Share Purchase
Agreement).

Honeywell expects the public offer to close on September 2, 2010, with
settlement for tendered shares to be made on September 15, 2010.

Sperian Protection is a leader in personal protection equipment (PPE)
design and manufacturing and will be combined within Honeywell's Automation
and Control Solutions' Life Safety business.

The tender offer prospectus (note d'information) cleared by the AMF is
available for consultation on the website of the AMF
(www.amf-france.org) and of Honeywell
(www.honeywell.com/sites/fr) and may be obtained free of charge from:

      Deutsche Bank AG      Honeywell Holding France    Lazard Freres Banque
     Succursale de Paris      2, rue de l'Avenir      121 boulevard Haussmann
    3, avenue de Friedland     Zone Industrielle           75008 Paris
       75008 Paris                Inova 3000
                            88150 Thaon-les-Vosges

Honeywell (www.honeywell.com) is a Fortune 100 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. For more news and information on
Honeywell, please visit www.honeywellnow.com.

This release contains certain statements that may be deemed
"forward-looking statements" within the meaning of Section 21E of the
Securities Exchange Act of 1934. All statements, other than statements of
historical fact, that address activities, events or developments that we or
our management intends, expects, projects, believes or anticipates will or
may occur in the future are forward-looking statements. Such statements are
based upon certain assumptions and assessments made by our management in
light of their experience and their perception of historical trends, current
economic and industry conditions, expected future developments and other
factors they believe to be appropriate. The forward-looking statements
included in this release are also subject to a number of material risks and
uncertainties, including but not limited to economic, competitive,
governmental, and technological factors affecting our operations, markets,
products, services and prices. Such forward-looking statements are not
guarantees of future performance, and actual results, developments and
business decisions may differ from those envisaged by such forward-looking
statements.

    Honeywell Contacts:
    U.S. Media                     Investor Relations
    Robert C. Ferris               Elena Doom
    +1-973-455-3388                +1-973-455-2222
    rob.ferris@honeywell.com       elena.doom@honeywell.com

    Europe Media                   Toll free number
    Ilse Schouteden                (individual shareholders):
    +32-47-620-9019                00-800-2667-8832
    ilse.schouteden@honeywell.com

U.S. Media, Robert C. Ferris, +1-973-455-3388, rob.ferris at honeywell.com, Europe Media, Ilse Schouteden, +32-47-620-9019, ilse.schouteden at honeywell.com, Investor Relations, Elena Doom, +1-973-455-2222, elena.doom at honeywell.com, Toll free number (individual shareholders): 00-800-2667-8832

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