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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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