Press Releases

Kimberly-Clark Sees Strong Business Results Continuing DALLAS, June 8 -- Kimberly-Clark Corporation (NYSE: KMB) today reiterated its objectives for top-line growth of 6 to 8 percent and double-digit growth in earnings per share from operations in 2000 and beyond. The company said it is comfortable with external expectations for both the second quarter and the year 2000.

Wayne R. Sanders, chairman and chief executive officer of Kimberly-Clark, said, "We had an excellent first quarter and are off to a good start this quarter, with excellent volume growth, productivity gains and rigorous cost controls driving improved results. In addition, we have increased selling prices for many of our products to offset higher costs for fiber and other raw materials. Our positive momentum is continuing, and our business results remain on track. We have met or beaten expectations for the past seven quarters, and have every intention of keeping that streak going."

Kimberly-Clark Corporation is a leading global manufacturer of tissue, personal care and health care products. The company's global brands include Huggies, Pull-Ups, Kotex, Depend, Kleenex, Scott, Kimberly-Clark, Safeskin, Tecnol, Kimwipes and WypAll. Other brands well known outside the U.S. include Andrex, Scottex, Page, Popee and Kimbies. Kimberly-Clark also is a major producer of premium business, correspondence and technical papers. The company has manufacturing operations in 40 countries and sells its products in more than 150 countries.

Certain matters contained in this news release concerning the business outlook, anticipated financial and operating results, strategies, contingencies and transactions of the company constitute forward-looking statements and are based upon management's expectations and beliefs concerning future events impacting the company. For a description of certain factors that could cause the company's future results to differ materially from those expressed in any such forward-looking statements, see the section of Part I, Item 1 of the company's Annual Report on Form 10-K for the year ended December 31, 1999 entitled "Factors That May Affect Future Results."