HAI-EXPO 2007 Orlando, Florida March 2007

2HONEYWELL - CONFIDENTIAL File Number 2007 Civil Helicopter Outlook: Higher Deliveries 9th annual operator survey 5 year purchase plans rose strongly from 2006 base 5 year forecast for new turbine helicopter deliveries up 40% Strong buyer interest in light single and intermediate multi-engine models New helicopter purchase decision focus: - Avionics capabilities - Performance / power - Lower operating costs Accelerating Growth for Civil Turbine Helicopters Helicopter Deliveries 40% Increase 2,500 3,500

3HONEYWELL - CONFIDENTIAL File Number 5 Year Survey Expectations for New Helicopters 2007 expectations rose strongly over the 2006 survey Current buying plans increased 8% over 2006 levels 2007 Survey Expectations at Record Levels Planned Fleet Replacements & Additions by Year Add Replace

4HONEYWELL - CONFIDENTIAL File Number Five Year Operator Purchase Plans for New Helicopters by Region Strong Increases in Asia, Africa Middle East North America & Europe also Up Percent of Fleet to be Replaced or Expanded with Aircraft Purchased New

5HONEYWELL - CONFIDENTIAL File Number Five Year World Demand for New Helicopters Asia - second largest regional demand based on survey

6HONEYWELL - CONFIDENTIAL File Number Purchase Plans For New Helicopters By Size Class (Operator Responses: Share of Total Mentions) Light Single Engine Light Twin Engine Intermediate Twin Engine Heavy Multi- Engine Light Single & Intermediate Twin Most Popular Choices

7HONEYWELL - CONFIDENTIAL File Number Planned Usage of New Helicopter Purchases Note: Data does not add to 100% due to multiple uses for some aircraft and excludes miscellaneous applications such as Tourism, Agriculture, Recreation, Experimental Testing Etc. Corporate Offshore Oil Support Emergency Medical Svcs. Law Enforcement Strong Increases in Security, Oil & Utility Applications News & Television General Utility

8HONEYWELL - CONFIDENTIAL File Number Honeywell Delivery Outlook for Civil Turbine Powered Helicopters 22% 53% 18% Segment Share of Deliveries Over 8,000 New Turbine Powered Helicopter Deliveries Projected from %