Kimberly-Clark Announces Major Step Forward In Its Powering Care Transformation

Kimberly-Clark Corp KMB.O:

• KIMBERLY-CLARK ANNOUNCES MAJOR STEP FORWARD IN ITS POWERING CARE TRANSFORMATION

• KIMBERLY-CLARK CORP: PROPOSED DEAL FOR ENTERPRISE VALUE FOR BUSINESS OF APPROXIMATELY $3.4 BILLION

• KIMBERLY-CLARK CORP: PARTNERSHIP WITH SUZANO THAT WILL CREATE PREEMINENT INTERNATIONAL TISSUE AND PROFESSIONAL PRODUCTS COMPANY

• KIMBERLY-CLARK - DEAL EXPECTED TO BE ABOUT $0.30-0.40 DILUTIVE TO ADJUSTED EARNINGS PER SHARE IN FIRST FULL YEAR FOLLOWING CLOSE

• KIMBERLY-CLARK CORP: WILL OWN A 49% INTEREST IN NEW VENTURE

• KIMBERLY-CLARK - CO'S INTERESTS IN MEXICO AND ITS JOINT VENTURE IN SOUTH KOREA ARE OUTSIDE SCOPE OF THIS TRANSACTION