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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