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3M Wins Appeal in Respirator Case; Mississippi Supreme Court Overturns Verdict

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Thursday, January 20, 2005 10:11 pm CST

Dateline:

ST. PAUL, Minn.

ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that the Supreme Court of Mississippi overturned today a $22.5 million verdict against 3M in an asbestos-related case involving two of its respiratory products. These safety products did not contain asbestos. The case was originally filed in April 2000 and was tried in October 2001 in the Circuit Court of Holmes County, Miss. The Supreme Court's decision concludes this case.

With this victory, 3M has prevailed in seven of seven cases involving its respiratory products taken to trial. 3M won jury verdicts in six of these cases.

The Mississippi Supreme Court's reversal of the jury's adverse verdict will not affect 3M's earnings or reserves.

About 3M -- A Global, Diversified Technology Company

Every day, 3M people find new ways to make amazing things happen. Wherever they are, whatever they do, the company's customers know they can rely on 3M to help make their lives better. 3M's brands include Scotch, Post-it, Scotchgard, Thinsulate, Scotch-Brite, Filtrete, Command and Vikuiti. Serving customers in more than 200 countries around the world, the company's 67,000 people use their expertise, technologies and global strength to lead in major markets including consumer and office; display and graphics; electronics and telecommunications; safety, security and protection services; health care; industrial and transportation.

3M, Scotch, Post-it, Scotchgard, Thinsulate, Scotch-Brite, Filtrete, Command and Vikuiti are trademarks of 3M.

Contact:

3M, St. Paul
Media Contact:
Stephen Sanchez, 651-737-5967
or
Investor Contacts:
Mark Colin, 651-733-8206
or
Bruce Jermeland, 651-733-1807