Annual Meeting of ShareholdersJanuary 21, 2009

Stephen A. RoellChairman and Chief Executive Officer

Agenda

Welcome

Shareholder business meeting

Management presentation

Q&A (conclude by 2 p.m.)

Annual Meeting of ShareholdersJanuary 21, 2009

Management presentation

FY 2008 review

– Steve Roell – Chairman and Chief Executive Officer

FY 2009 first quarter results and financial outlook

– Bruce McDonald – Executive Vice President and Chief Financial Officer

Q&A (conclude at 2 p.m.)

Johnson Controls, Inc. ("the Company") has made forward-looking statements in this presentation pertaining to its financial results for fiscal 2009 and beyond that are based on preliminary data and are subject to risks and uncertainties. All statements other than statements of historical fact are statements that are or could be deemed forward-looking statements and include terms such as "outlook," "expectations," "estimates," or "forecasts." For those statements, the Company cautions that numerous important factors, such as automotive vehicle production levels, mix and schedules, financial distress of key customers, energy prices, the strength of the U.S. or other economies, currency exchange rates, cancellation of or changes to commercial contracts, liquidity, the ability to execute on restructuring actions according to anticipated timelines and costs as well as other factors discussed in Item 1A of Part II of the Company's most recent Form 10-k filing (filed November 25, 2008) could affect the Company's actual results and could cause its actual consolidated results to differ materially from those expressed in any forward- looking statement made by, or on behalf of, the Company.

Dividend

Today’s Board of Directors meeting

Dividend of $0.13/share

Payable date: April 2, 2009

Record date: March 13, 2009

Track record of growth

FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08*

Sales Income from continuing operations

FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08*

*Excluding restructuring

2008: 18th consecutive increase 2008: 62nd consecutive increase

15%CAGR

12%CAGR

2008A record year for sales and earnings*

*Excluding Q4 restructuring and non-recurring 2007 tax benefits

2007 2008

Consolidated net sales $34.6B $38.1B +10%

Earnings per share $2.10 $2.33 +11%

2008, a record year: Key accomplishments

Building Efficiency

Double-digit top line growth

Grew record backlog 12% to $4.7 billion at 9/30/08

Expanded energy efficiency capabilities: alternative energy, advisory services

– More than 300 renewable energy projects

Launched new commercial and residential products

Power Solutions

Increased market share

Customer wins,

geographic expansion

– Continental – new wholesaler volume

– Ford - 100% supply

Increased vertical

integration

Additional hybrid

development contracts

Automotive Experience

Launched $750 million in new

business

Record backlog, indicating

market share gains

International growth

Improved margin in North

America

Significant segment income

improvements in Asia

…despite depressed housing and auto markets

2009A different world

Historic and rapid changes

in all of our markets

and in every region

of the world

Historic changes in our marketsU.S. Seasonally Adjusted Annual Rate (SAAR)

Decembers' SAAR of 10.3m was 37% below last year’s rate of 16.3m 2008 full year sales 13.2m, down 18% vs. 2007, lowest since 1992 (12.9m)

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12 Month Moving Average

Historic changes in our marketsNorth American auto production

2009 estimated production forecast of 9.2million vehicles; lowest level since 1983 Down 34% in one year vs. 13.2 million vehicles in 2008 47% decline from the 2001 peak of 17.7 million units

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Historic changes in our marketsEuropean automotive production

Rapid deterioration; European markets were stable through August 2008

Western Europe car registrations down 26% vs. last year

– Worst quarter since 1993

Eastern Europe registrations down 23%

Production still heading lower

European automotive production

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Q1 Q2 Q3 Q4 Q1

FY 2008 FY 2009In

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Historic changes in our marketsBuilding Efficiency

Began to see softness in U.S. commercial new construction markets in Q4 2008

New construction slow-downs and deferrals in Middle East due to low oil prices and high vacancy rates

U.S. housing starts and existing-home sales continue to decline

– U.S. housing starts dropped by 47% year over year and 19% in the month of December

2009Potential of prolonged downturn

Economic recovery incumbent on return of consumer spending

– Need them to buy cars, homes, etc.

“Wealth effect” a drag on consumer confidence

– Loss of home equity

– Declines in 401k values

– Job insecurities

– High debt leverage

Signs of long downturn

U.S. housing continues to decline

Unemployment increasing

Tight credit environment remains

Corporate profits worsening

Historically low consumer and business confidence scores

Taking actionAligning our cost structure with the market environment

$495 million restructuring announced in Q4 2008

– Expected payback in less than 2.5 years

– Workforce reductions

– Plant consolidations

• 18 Automotive Experience

• 2 Power Solutions

• 1 Building Efficiency

Additional actions

– General hiring freeze

– Wage freeze/reductions

– No annual bonuses for corporate executives

– Investigating alternative work schedules (4-day weeks, etc)

– Liquidity preservation

• Lower capital expenditures

• Deferred discretionary pension contribution

• Maintained dividend

Managing through the challenging environment

Johnson Controls strengths

Market leadership

Gaining market share

Geographic and business diversity

Culture of continuous improvement and innovation

Ability to make significant cost structure improvements

Good liquidity

2009: Automotive Experience strengths

Record backlog of new seating and interior programs

– $4.5 billion to launch between 2009 and 2011

Winning new business, increasing market share

Expanding leading market position in China and Eastern Europe

Strong partner in a weak supply base

Automotive Experience strengthsIndustry-leading innovation

Innovation demonstrations to more than 3,000 customer representatives at the Detroit Auto Show

– Seating

– Interiors

– Electronics

re3 concept vehicle

2009: Building Efficiency strengths

Record backlogs

– $4.7 billion at December 31, 2008

Our largest U.S. markets (government,

healthcare, education buildings) remain the

strongest new construction sectors

Benefiting from energy efficiency,

sustainability mega-trends, exposure

to high-growth emerging markets

Increased demand for Global Workplace

Solutions as businesses outsource to

reduce operating costs

New Administration prioritization on energy

efficiency

Building Efficiency strengthsFederal investments in energy efficiency

American Recovery and Reinvestment Bill of 2009

Initial details released last week

Significant funds for government and school building energy efficiency

Johnson Controls advantaged to win new business

– Government procurement processes in place

– Long history of successful projects

– Federal government business unit

– Expanded sales force

– Branch network reach

“We would prefer spending money on things like making

sure all Federal buildings are energy efficient so that

taxpayers are saving money over the long term.

“We will modernize more than 75% of federal buildings

and improve the energy efficiency of two million American

homes.

“In the process, we will put Americans to work in new jobs

—jobs constructing fuel efficient cars and buildings.”

-President Barack Obama January 8, 2009

2009: Power Solutions strengths

#1 global market share

– Winning new OE and aftermarket customers globally

Lowest cost, highest quality provider

– World-class manufacturing processes and technologies (PowerFrame)

– Best Business Practices

Growing demand for AGM demand for micro-hybrid vehicles

Lithium-ion hybrid battery launch in 2009

– First in the industry Johnson Controls Lithium-Ion battery system for hybrid vehicles

2009: Power solution strengthsIncreasing market share

O’Reilly Auto Parts

More than 1,000 Checker Auto Parts, Kragen Auto Parts, and Schuck’s Auto Supply stores

Full line of automotive Super Start batteries

Optima® high performance automotive batteries

Shipments to commence in February

Lithium-Ion production contract

Azure Dynamics

Commercial delivery vehicles for FedEx, Purolator, AT+T, Con Edison, etc.

Production to begin in 2010

Managing through the current environment

Maintain our long-term, sustainable growth philosophy

– Balance near term performance while ensuring robust long-term business success

– Invest in innovation

– Manage the short-term environment in concert with long-term goals

Aligning our cost structure with the realities of the market

Benefit from global mega-trends

– Energy efficiency

– Sustainability / Greenhouse gas reduction

– Emerging markets

Protect liquidity

Taking advantage of the opportunities created by this economic cycle to

Gain share

Improve competitiveness

Enhance our leadership position

R. Bruce McDonaldExecutive Vice President and Chief Financial Officer

First quarter 2009 highlights

Sales down 23% to $7.3 billion

Segment income: loss of $48 million*

Net income: loss of $82 million*

– ($0.14) per diluted share vs. $0.39 in Q1 2008

Results reported on January 16th

*Excluding Q1 non-recurring, non-cash charges

Segment income adjustment excludes $262 million in impairment charges

Net income adjustment excludes $262 million in impairment charges ($226 million net of tax) and $300 million tax valuation allowance charge

First quarter 2009Financial highlights

Building Efficiency

– Sales up slightly; excluding the impact of currency, to $3.1 billion

– Segment income 20% lower, to $131 million

– Backlog up 7% to $4.7 million

Power Solutions

– Sales 32% lower, to $1.1 billion; excluding currency and lead down 4%

– Segment income 70% lower, to $40 million

Automotive Experience

– Sales down 32% to $3.1 billion

– Segment loss of $219 million

Balance sheet

Net debt to capitalization ratio approximately 34.8%

Capital spending reductions underway

– 2009 capital expenditures skewed toward first half of year

S+P debt rating announcement

January 12, 2009

Short-term ratings affirmed at A2

– Continued access to commercial paper market

Long-term debt to BBB (stable outlook)

– No immediate effect on borrowing costs

2009: uncertainties continue

Withdrew quarterly and full year guidance December 16, 2008

– Forecast a loss for Q1 2009

– Rapidly deteriorating automotive production globally

– Financial viability of North American automotive customers uncertain

– Worsening residential markets

– Uncertainties and industry volatility makes it difficult to provide meaningful guidance

Remainder of 2009

Our industries remain volatile

Uncertainties remain

Will not be reinstating guidance at this time

Expecting a 2009 Q2 loss of similar scale to Q1 operating loss

– Improved performance by Building Efficiency and Power Solutions businesses

Taking action to protect our liquidity

Liquidity

5 year $2.05B revolver expires December 2011

Minimal debt maturities in next 2 years

$1B of additional committed / uncommitted bank lines

Protection actions

Capital spending outlook reduced from $900 million to approximately $600-$650 million

Held dividend payout steady

– Uncertainties around financial viability of U.S. auto manufacturers

Halted acquisition activity

Reduced voluntary pension contribution

– $600 million incremental funding in last five years

– $50 million contribution in Q1; will defer further payments while uncertainties remain

– No impact on pension viability or payments

Conservative financial management to ensure we manage the short-term environment while assuring long-term success

Stephen A. RoellChairman and Chief Executive Officer

Historic and rapid declines in stock prices 52-week stock price (as of 1/16/09)

Multi-industry peers down 38%

– 3M, Eaton, Emerson, Honeywell, ITW, United Tech, Ingersol, Textron

Automotive OEs down 68%

– GM, Ford, Toyota, Daimler, Nissan, Honda

Automotive suppliers down 80%

– Lear, Borg Warner, Magna, Visteon, Gentex, TRW

Large industrials down 42%

– GE, Boeing, IBM, Intel, FedEx, Dupont

Johnson ControlsDown 47%

Committed to the Milwaukee community

2008 highlights

$2.1 million pledged to the Milwaukee United Way

– Employee giving matched by Johnson Controls Foundation

Continued sponsorship of the Holiday Parade

– Employees collected over 75,000 pounds of food

Major contributions approved for Children's Hospital, Wheaton Franciscan Hospital, and Columbia/St. Mary’s

$500,000 support of United Performing Arts Fund

Third successful year of Milwaukee Student Conservation Corps program

– Summer jobs for local high school students restoring natural areas and parklands, coupled with environmental education curriculum

– Expanded program to Detroit in 2008

Thank you to our employees for

their generosity, goodwill and

thousands of donated hours to

support our home community

Restoration work by the Student Conservation Corps in Milwaukee, sponsored by Johnson Controls