diff --git a/build/org.eclipse.cdt.managedbuilder.core/src/org/eclipse/cdt/managedbuilder/internal/core/BuildSettingsUtil.java b/build/org.eclipse.cdt.managedbuilder.core/src/org/eclipse/cdt/managedbuilder/internal/core/BuildSettingsUtil.java
index 5a1df71318c..96e3b97a064 100644
--- a/build/org.eclipse.cdt.managedbuilder.core/src/org/eclipse/cdt/managedbuilder/internal/core/BuildSettingsUtil.java
+++ b/build/org.eclipse.cdt.managedbuilder.core/src/org/eclipse/cdt/managedbuilder/internal/core/BuildSettingsUtil.java
@@ -11,13 +11,30 @@
 package org.eclipse.cdt.managedbuilder.internal.core;
 
 import java.util.ArrayList;
+import java.util.Arrays;
 import java.util.List;
 
+import org.eclipse.cdt.managedbuilder.core.BuildException;
 import org.eclipse.cdt.managedbuilder.core.IConfiguration;
+import org.eclipse.cdt.managedbuilder.core.IOption;
 import org.eclipse.cdt.managedbuilder.core.IResourceInfo;
 import org.eclipse.cdt.managedbuilder.core.ITool;
+import org.eclipse.cdt.managedbuilder.core.ManagedBuildManager;
+import org.eclipse.cdt.managedbuilder.core.ManagedBuilderCorePlugin;
+import org.eclipse.cdt.managedbuilder.core.OptionStringValue;
 
 public class BuildSettingsUtil {
+	private static final int[] COMMON_SETTINGS_IDS = new int[]{
+		IOption.INCLUDE_PATH,
+		IOption.PREPROCESSOR_SYMBOLS,
+		IOption.LIBRARIES,
+		IOption.OBJECTS,
+		IOption.INCLUDE_FILES,
+		IOption.LIBRARY_PATHS,
+		IOption.LIBRARY_FILES,
+		IOption.MACRO_FILES,
+	};
+
 	public static void disconnectDepentents(IConfiguration cfg, ITool[] tools){
 		for(int i = 0; i < tools.length; i++){
 			disconnectDepentents(cfg, tools[i]);
@@ -74,5 +91,46 @@ public class BuildSettingsUtil {
 		return list;
 	}
 
+	public static void copyCommonSettings(ITool fromTool, ITool toTool){
+		Tool fromT = (Tool)fromTool;
+		Tool toT = (Tool)toTool;
+		List values = new ArrayList();
+		for(int i = 0; i < COMMON_SETTINGS_IDS.length; i++){
+			int type = COMMON_SETTINGS_IDS[i];
+			IOption[] toOptions = toT.getOptionsOfType(type);
+			if(toOptions.length == 0)
+				continue;
 
+			IOption[] fromOptions = fromT.getOptionsOfType(type);
+			values.clear();
+			for(int k = 0; k < fromOptions.length; k++){
+				Option fromOption = (Option)fromOptions[k];
+				if(fromOption.getParent() != fromTool)
+					continue;
+				
+				List v = (List)fromOption.getExactValue();
+				values.addAll(v);
+			}
+			
+			if(values.size() == 0)
+				continue;
+
+			IOption toOption = toOptions[0];
+			
+			try {
+				OptionStringValue[] v = toOption.getBasicStringListValueElements();
+				if(v.length != 0)
+					values.addAll(Arrays.asList(v));
+			} catch (BuildException e) {
+				ManagedBuilderCorePlugin.log(e);
+			}
+			
+			OptionStringValue[] v = (OptionStringValue[])values.toArray(new OptionStringValue[values.size()]);
+			IResourceInfo rcInfo = toTool.getParentResourceInfo();
+			
+			ManagedBuildManager.setOption(rcInfo, toTool, toOption, v);
+
+			values.clear();
+		}
+	}
 }
diff --git a/build/org.eclipse.cdt.managedbuilder.core/src/org/eclipse/cdt/managedbuilder/internal/core/FolderInfo.java b/build/org.eclipse.cdt.managedbuilder.core/src/org/eclipse/cdt/managedbuilder/internal/core/FolderInfo.java
index 7f8a2aa39e9..4e0d15e362e 100644
--- a/build/org.eclipse.cdt.managedbuilder.core/src/org/eclipse/cdt/managedbuilder/internal/core/FolderInfo.java
+++ b/build/org.eclipse.cdt.managedbuilder.core/src/org/eclipse/cdt/managedbuilder/internal/core/FolderInfo.java
@@ -894,11 +894,46 @@ public class FolderInfo extends ResourceInfo implements IFolderInfo {
 			newBuilder.copySettings(oldBuilder, false);
 		}
 
-		//TODO: copy includes, symbols, etc.
+		IManagedProject mProj = getParent().getManagedProject();
+		ITool[] filteredTools = getFilteredTools();
+		ITool[] oldFilteredTools = filterTools(oldTc.getTools(), mProj);
+		
+		copySettings(oldFilteredTools, filteredTools);
 
 		toolChain.propertiesChanged();
 	}
 	
+	private void copySettings(ITool[] fromTools, ITool[] toTools){
+		ITool[][] matches = getBestMatches(fromTools, toTools);
+		for(int i = 0; i < matches.length; i++){
+			BuildSettingsUtil.copyCommonSettings(matches[i][0], matches[i][1]);
+		}
+	}
+	
+	private ITool[][] getBestMatches(ITool[] tools1, ITool[] tools2){
+		HashSet set = new HashSet(Arrays.asList(tools2));
+		List list = new ArrayList(tools1.length);
+		for(int i = 0; i < tools1.length; i++){
+			ITool tool1 = tools1[i];
+			ITool bestMatchTool = null;
+			int num = 0;
+			for(Iterator iter = set.iterator(); iter.hasNext();){
+				ITool tool2 = (ITool)iter.next();
+				int extsNum = getConflictingInputExts(tool1, tool2).length;
+				if(extsNum > num){
+					bestMatchTool = tool2;
+					num = extsNum;
+				}
+			}
+			
+			if(bestMatchTool != null){
+				list.add(new ITool[]{tool1, bestMatchTool});
+				set.remove(bestMatchTool);
+			}
+		}
+		return (ITool[][])list.toArray(new ITool[list.size()][]);
+	}
+	
 	void updateToolChainWithConverter(ConverterInfo cInfo, String Id, String name) throws BuildException{
 		IBuildObject bo = cInfo.getConvertedFromObject();
 		ToolChain updatedToolChain = null;