Analyst List


                            United Technologies Corporation is covered by the following analysts.

                            Firm Analyst Phone
                            Argus Research Corp. John Eade 646-747-5445
                            Atlantic Equities Richard Radbourne 44-20-7382-2913
                            Bank of America Merrill Lynch Ron Epstein 646-855-5695
                            Barclays Julien Mitchell 212-526-1661
                            Bernstein Research Doug Harned 212-350-8420
                            Citi Jonathan Raviv 212-816-7929
                            Cowen and Company Cai Von Rumohr 617-946-3942
                            Daiwa Jairam Nathan 212-612-6181
                            Goldman Sachs Noah Poponak 212-357-0954
                            Jefferies Sheila Kahyaoglu 212-336-7216
                            J.P. Morgan Steve Tusa 212-622-6623
                            Langenberg & Company Brian Langenberg 312-235-6521
                            Melius Research Carter Copeland 212-503-6201
                            Morningstar Chris Higgins
                            RBC Capital Markets Deane Dray
                            Robert W. Baird Peter Arment 646-557-3222
                            Shapiro Research George Shapiro 973-327-9370
                            Vertical Research Jeff Sprague 203-276-5665
                            William Blair & Co. Nicholas Heymann 212-237-2740
                            Wolfe Research Nigel Coe 646-582-9259

                            United Technologies is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding United Technologies's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of United Technologies or its management. United Technologies does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

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