Rockwell Collins Files Shelf Registration with the Securities and Exchange Commission

CEDAR RAPIDS, Iowa (November 07, 2001) - Rockwell Collins, Inc. (NYSE: COL) today announced that the company has filed a shelf registration statement with the Securities and Exchange Commission, covering up to $750 million in debt securities, common stock, preferred stock or warrants that may be offered from time to time. Net proceeds of any offering will be used for general corporate purposes, with possible uses including repayment of existing indebtedness, capital expenditures, acquisitions and share repurchases.

The registration statement has not yet become effective. The securities described in the registration statement may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective, nor may sales be effected in the absence of a definitive prospectus and a prospectus supplement setting forth the terms and conditions of any specific securities offered. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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530-NR-6