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                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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