The Shareholder Forum

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Johnson & Johnson

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To each shareholder of Johnson & Johnson:

You are invited as a Johnson & Johnson shareholder to tell us, anonymously, what information would be relevant to your decisions about matters being presented for voting at the company's annual meeting on April 22, 2010.*

Voting items include the usual election of directors, in relation to which some investors may be interested in information beyond what has been traditionally required in regulatory filings, as well as two shareholder proposals for which no standard decision-making criteria or information requirements have been established. (The items on the agenda and related disclosures are presented in the company's proxy statement.)

The Shareholder Forum is conducting  this independent survey to find out directly from Johnson & Johnson investors what information should be provided, and what questions you suggest submitting to either the company or the shareholders who are presenting proposals. Please take three minutes to contribute your views, which will not require any prior knowledge of the voting items or issues:

A Forum report of survey results will be made available to all participants, as well as to the company's management.

The survey will be open only through Friday, March 26th.

Questions about the survey as well as comments about the interests of Johnson & Johnson investors, either privately or for attribution, will of course be welcomed.

           GL – March 22, 2009

Gary Lutin, Forum chairman

c/o Lutin & Company

575 Madison Avenue, 10th Floor

New York, New York 10022

Tel: 212-605-0335

Email: gl@shareholderforum.com

 


*  The survey is being conducted independently by the Shareholder Forum according to its policies assuring the privacy of anonymous participants, using a separately hosted online questionnaire with rigorous privacy protections that will report responses without identification. Invitations were distributed by another independent company that does not disclose the identities of addressees.

 

 

 

 

 

This special project for shareholders of Johnson & Johnson is being conducted to determine directly from the company's investors their information requirements for voting decisions on matters being presented at an annual meeting on April 22, 2010. Inquiries about the project, requests to be included in Forum email distributions, and suggestions of issues that may be relevant to shareholder interests can be addressed to jnj@shareholderforum.com.

It is the policy of Forum programs to be open to all shareholders of a subject company and to any fiduciaries or professionals concerned with their decisions, according to the Forum’s stated "Conditions of Participation." In all cases, each participant is expected to make independent use of information obtained through the Forum, and participation is considered private unless the party specifically authorizes identification.

The information provided to Forum participants is intended for their private reference, and permission has not been granted for the republishing of any copyrighted material. The material presented on this web site is the responsibility of Gary Lutin, as chairman of the Shareholder Forum.