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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