Honeywell announced an agreement to acquire Energy Services Group to strengthen its energy management solutions portfolio for schools, colleges, and municipalities in the Upper Midwest. The acquisition expands Honeywell's energy sales coverage and expertise in the region. Energy Services Group customers will benefit from Honeywell's resources and expertise to help address energy challenges. The deal is expected to close within a month.

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News Release
Honeywell Announces Agreement to Aquire Energy Services Group Login
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Strengthens Honeywell Portfolio in Providing Energy Management Solutions for Schools, Colleges &
Universities, Municipalities in Upper Midwest
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MINNEAPOLIS, April 1, 2008 – Honeywell (NYSE: HON) announced today that it has reached an agreement to Password
acquire Energy Services Group, Minneapolis. The business will be integrated into Honeywell Building Solutions (HBS),
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a global provider of integrated building management and control systems, and energy management solutions. The deal Register
is expected to close by May. No terms of the transaction were disclosed. Forgot Password
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“The acquisition of Energy Services Group expands our energy sales coverage and expertise in the Upper Midwest,
and demonstrates our commitment to grow this business,” said Paul Orzeske, president of HBS. “Rising energy costs
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present a significant challenge to our customers, and Honeywell Building Solutions is committed to helping them better
manage those costs and maximize energy efficiency.” Document Search
Energy Services Group customers include K-12 public schools, colleges and universities and state and local
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government entities throughout the Upper Midwest.
“Energy Services Group is thrilled to be joining Honeywell, with its outstanding reputation and leading technology,” said
Perry Schmidt, president of Energy Services Group. “As part of Honeywell, Energy Services Group can bring more
resources and expertise to help our customers address their energy challenges.”
HBS is a global leader in the energy services industry, helping organizations conserve energy, optimize facilities and
equipment, and improve security. As a pioneer in performance contracting, the company has completed more than
4,000 energy-saving projects, and delivered more than $3 billion in energy and operational savings to customers.
Honeywell International is a $36 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. For additional information, please visit www.honeywell.com. Honeywell
Building Solutions is part of the Honeywell Automation and Control Solutions business group, a global leader in
providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and
maintain safe, comfortable environments in homes, buildings and industry. For more information about Building
Solutions, access www.honeywell.com/buildingsolutions.
This release 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
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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.
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