3M issued the following statement from W. James McNerney, Jr., chairman of the board and CEO, in response to ongoing speculation about other available CEO positions:

"As I've said before, I am very happy at 3M and believe strongly in the company's future. I have no plans to leave in any foreseeable time frame. Rumors notwithstanding, I am not a candidate for any other job, including Boeing."

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. For more information, including the latest product and technology news, visit www.3M.com.

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

3M, St. PaulMedia Contact:Jacqueline Berry, 651-733-3611orInvestor Contacts:Mark Colin, 651-733-8206orBruce Jermeland, 651-733-1807