Johnson & Johnson To Host Analyst Meeting To Discuss Second-Quarter Financial Results; Review Pharmaceuticals Business/Pipeline And The Planned Acquisition Of Pfizer Consumer Healthcare

NEW BRUNSWICK, N.J., July 12 /PRNewswire/ -- Johnson & Johnson, the world’s most broadly based health care products company, will sponsor a meeting for financial analysts at 8:30 a.m. (Eastern Time) on Tuesday, July 18, 2006 to discuss second-quarter financial results as well as review its pharmaceuticals business/pipeline and the recently announced planned acquisition of Pfizer Consumer Healthcare.

Robert J. Darretta, Vice Chairman, Board of Directors and Chief Financial Officer; Christine A. Poon, Vice Chairman, Board of Directors and Worldwide Chairman, Medicines & Nutritionals Group; Joseph C. Scodari, Worldwide Chairman, Pharmaceuticals Group; and Colleen A. Goggins, Worldwide Chairman, Consumer & Personal Care Group, will host the meeting.

Investors and other interested parties may access a broadcast of the live meeting by visiting the Company’s website at http://www.jnj.com. A replay of the webcast will be available approximately two hours after the meeting concludes. The replay can be accessed by clicking on “Webcasts/Presentations” in the Investor Relations section of the Company’s website.

For your convenience, we are now offering a podcast replay following our quarterly financial results reviews. Please go to the Webcasts/Presentations page to subscribe to the podcast feed. The second quarter meeting will be available for download approximately two hours after the meeting concludes.

Johnson & Johnson

CONTACT: Media - Jeffrey J. Leebaw, +1-732-524-3350; or Investor - LouiseMehrotra, +1-732-524-6491, or Stan Panasewicz, +1-732-524-2524

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