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PRESS RELEASE

Pratt & Whitney to Provide PurePower® Engines on Air Mandalay Order for Six Mitsubishi Regional Jets

FARNBOROUGH AIRSHOW, Wednesday, July 16, 2014

Pratt & Whitney will provide exclusive power for six firm Mitsubishi Regional Jets (MRJ) for an order announced today by Mitsubishi Aircraft Corp. (MITAC) and Air Mandalay. Deliveries are scheduled to begin in 2018. The agreement includes a comprehensive 12-year Pure Solution maintenance plan for Air Mandalay's PW1200G engines. The PurePower Geared Turbofan™ (GTF) engine family has more than 5,500 orders and commitments, including options. Pratt & Whitney is a division of United Technologies Corp. (NYSE:UTX).

"A strong air transport network is an important element of Myanmar's continuing economic development," said Gary Villiard, Air Mandalay Chief Executive Officer. "We're delighted to be leading the way with these new airplane and engine benefits that will bring unprecedented value to our passengers. We're also pleased to be introducing this new technology and training opportunity to our Air Mandalay team."

"We welcome Air Mandalay as a new MRJ and PurePower engine customer and congratulate the airline on their continued growth and upcoming 10th anniversary in October," said Dave Brantner, president, Pratt & Whitney Commercial Engines. "The MRJ powered by PurePower engines will provide Air Mandalay savings in fuel consumption while reducing noise and emissions."

Air Mandalay Limited is a private joint venture company that was incorporated on October 6, 1994, to operate as Myanmar's first privately owned airline and support the country's tourism industry. The airline, based in Yangon, has since established itself as a carrier of high standards with a wide domestic network and one regional link, to Chiang Mai in northern Thailand.

Mitsubishi Regional Jet is a family of 70~90- seat next-generation aircraft featuring Pratt & Whitney's revolutionary PurePower® engine and state-of-the-art aerodynamics to significantly reduce fuel consumption, noise, and emissions, while offering top-class operational benefits, an outstanding cabin designed for heightened passenger flying comfort, and large overhead bins.

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, auxiliary power units, and small turbojet propulsion products. United Technologies Corp., based in Hartford, Connecticut, provides high technology products and services to the building and aerospace industries. To learn more about UTC, visit its website at www.utc.com, or follow the company on Twitter: @UTC.

This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in levels of demand in the aerospace industry, in levels of air travel, and in the number of aircraft to be built; challenges in the design, development, production and support of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corps.' Securities and Exchange Commission filings.

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