Moe S. Nozari Executive Vice President, Consumer and Office Business

3M Investor Meeting 2006 © 3M 2006 All Rights Reserved

Moe NozariExecutive Vice President,

Consumer & Office Business

Growth Opportunities in the Consumer & Office Business


Office And Stationery Market

1


Construction And Home Improvement Market

3


Cleaning And Protection Market

3


Consumer Health Care Market


3M Consumer & Office: Key Financial Data

$2.6$2.9 $3.0

$0.8

$0.0

$1.0

$2.0

$3.0

2003 2004 2005 Q1 2006

$136

$514$561

$438

$0

$200

$400

$600

2003 2004 2005 Q1 2006

2005 Sales By Geographic AreaU.S. 59%

Europe 19%APAC 13%

LAC 9%

Sales Operating Income

LC Growth 2.8% 16.6%7.1% 3.6% 8.4% 17.7% 18.5% 17.8%OI Margin

$Billions & YOY % Chg $Millions & YOY % Chg

+6%+10% +5%

+7%

+17%+9%

+19%

+4%*

*2002 estimated stock options, not restated.


Scotch®

Post-it®

Scotch-Brite™

O-Cel-O™

Scotchgard™

3M™

Filtrete™

Command™

Nexcare™

Consumer And Office BusinessGrowth Driver: End User Relationships


Consumer And Office Business

Major global opportunities1.Growth through new growth platforms

2.Growth through core platforms

3.Growth with key accounts

4.Growth in international


Consumer And Office BusinessHome Health Care

After Surgery Care:52 Million Surgical Procedures37 Million Require Post Op First Aid DressingsMajor Surgeries Require Dressings for Up to 7 DaysEducation: Clean, Protect, & Cover> Nurse > Pharmacist > Caregiver > Patient

Speed To Market:Utilize Proven Formulations & Technologies from the Hospital Markets to Grow within Consumer (Retail) Markets Key Customers Ready To Execute


Core TechnologyBrand Promise

Consumer NeedsGlobal ApplicationsAdjacent Markets

Consumer And Office BusinessAir & Water Quality


Consumer And Office BusinessDigital To Consumable Platform

Initial Products– Post-it® Picture Paper - Specialty

Coated Paper with Super Sticky Adhesive, on Liner for Inkjet Printer Applications

Timing & Key Launch Milestones– National Launch (April)

1



Their creativity goes beyond products to rewiring themselves. Business Week and the Boston Consulting Group rank the best

3M Ranked #3 Out Of The Top 100“A close watch of customer insights can also bring innovation to even the most iconic and established products”

~ BusinessWeek: April 24, 2006 Special Report on Innovation, on the introduction of 3M’s new Post-it® Picture Paper

The World's Most Innovative Companies


Development Of Kit And Individual

Products

Consumer And Office BusinessCold And Flu Prep Kit

Product labeling under development

The new Nexcare™ Cold and Flu Kit will include products, in a convenient package, that can helplimit the spread of germs that may cause coldsand flu.

The kit wil l contain a guide from the Centers for Disease Control and Prevention. The CDC recommends alcohol-based sanitizing products to help limit the spread of germs.


Consumer And Office BusinessPet Care

Market Evaluation– $4.0 B Market– Lack of large brands outside of food– Fragmented competition– Lack of real innovation from current industry players– Price insensitivity among pet owners– Continued growth

3M Solutions– Dog Ear Cleaning Products– Dry wipes– Specialty cleaning products– Lint and Hair Removers for Pet Owners– Dog Dental Hygiene Products– Liquid bandages



New Products: New To The Market ProductsPost-it® Picture PaperPost-it® Index CardsScotch® Paper CutterScotch® Stretchy TapeScotch – BriteTM Super ClingScotch – Brite® Disposable Toilet ScrubScotch – Brite® Tub and Tile CleanerScotch – Brite® Lint Removal Floor RollerFiltreteTM Room Air PurifierSuper Close Projection DMS 700 and DMS 800 Digital Projectors3M Pet Care Products


Existing Markets and New Growth PlatformsTotal Market Space = $46.7B

Existing Markets $31.9BMarket 4% Growth

$5,500

$5,100

$3,800

$4,600

$4,550$8,300

Office SuppliesStationery ProductsConstruction & Home Improvement Products

Home Cleaning ProductsConsumer Health Care Products Meeting Management Products

New Growth Platforms $14.8BMarket 15% Growth

$700

$2,761

$4,000

$500 $800

$4,100

$1,600

$350

Digital 2 Consumable

Labels & SystemsAir QualityWater Quality

Food StorageHome Health CarePet Care

VikuitiTM Super Close Projection



Consumer And Office BusinessNew Products: Product Upgrades & Line Extensions

FiltreteTM Maximum Allergen FilterFiltreteTM Refillable FilterSandblasterTM Flexible Sanding and Finishing Abrasive SystemNew Chemistry Scotchgard® Stain Resistant Casual Wear TreatmentNew Chemistry Scotchgard® Stain Resistant Durable Carpet TreatmentScotch® Contour TapesScotch® GlugulsScotch® Blue Masking Tape for Delicate SurfacesScotch® Blue Masking Tape ApplicatorsScotch® Heavy Duty All Weather Duct TapeCommandTM Metal HooksCommandTM Bathroom AccessoriesNexcareTM Post-Surgery KitsNexcareTM Liquid BandagesNexcareTM Braces and Supports


Reinventing The “Look”Of Scotch® Magic Tape

Sco

tch®

On

the

Fast

Tra

ck

1


Transforming the form of utilitarian tools…

Package Protection Dispensers


Introducing The New Sticky Bunch

Sco

tch®

On

the

Fast

Tra

ck


1


Incontinence InfectionPrevention

Diabetic Skin Care

Hand Sanitizer

Growth Path Consumer Health Care (Nexcare™)

Post-SurgicalCare

First Aid Bandages

First Aid Supplies

SkinHealth

Current

Braces and Supports

Future

SkinCare

Origin


Office and Stationery Products

Scotch®Cellophane Tape

Post-it®Note Pads

Overhead Projector

Overhead Transparency

HomeActivities

GiftingDocument

Management

Package Protection

Super Sticky Notes

Ergonomic

Products

Core Notes

Core Flags

Easels

FilmsOverhead Transparency

Analog

Digital Wall Display

Digital

Std Digital Projection

Projection

Current

ItemTracker

MemoryManagement

Gifting Accessories

MultiUseTape

HomeActivities

Gifting Document Management

PackageProtection

AdhesiveCenter

Projection

Digital Annotation

Digital

Super Close Projection for

Education


Business and Home Entertainment


Gaming

Super Close Projection for Small Office

Std Digital Ov erhead

Analog

Films

Kids Education & Creativ ity Products

Digital toConsumables

Flag Pen/Highlighter

Mobile Worker Accessories

Super Sticky Specialty

Notes

Durable Index Tabs

Flexible Dry Erase Sheets

Sortable Cards

FutureOrigin


Growth Plan Construction and Home Improvement

Abrasives

Tapes

Masking

Repair andMaintenance

Applicators

Duct

Utility Hooks

UtilityBath

MountingStrips

InterLocking

1” Filters

Air Condit ionerFilters

Room AirPurif iers

Deep Filters

SafetyAbrasives

Current

Water

Humidif iersDehumidif iers

Air Quality Thermostats

Mold Elimination

DIY Adhesives

ContractorSolutions

Painting Products

Outdoor Usage

ProtectionFilms

PictureHanging

BathOrganization

GarageSolutions

DesignerHooks Kitchen

Organizers

ChildrenSolutions

Command™On a Roll

ExteriorMaintenance

Hardw ood FloorSolutions

ContractorSolutions

FutureOrigin


Growth Plan Home Care

Scotch-Brite™ Pads

Scotchgard®Fabric Protector

Scouring & Scrubbing

Floor Care Products

Quick Clean

Wiping Products

Lint Removal Products

Apparel

Retail Scotchgard®

OEM Carpet

Current

Floor Care

Products

Quick Clean

Wiping Products

Lint Removal Products

Cleaning Preventio

n

Sensing Wipes

Usage Sensing Techn.

Premium Surfaces

Scouring &

Scrubbing

Food Prep / Food

Storage

Pet Care

CommercialCarpet

Leather

WarrantyServices

Furniture

Automotive

Wrinkle/Color Management

Hard Surface Flooring

FutureOrigin


2005 Trade Class Growth/Comparison

Trade Class Total Growth % Comp. Growth % 3M Growth %

Top Mass Accounts 10.0 4.2 13.6

Top Clubs 9.2 5.5 12.8

Top Home Centers 13.7 4.5 11.7

Top Drug Chains 16.1 7.5 19.0

TOTAL 11.4 4.8 13.2




Growth in internationalInnovative new products

Increased penetration of existing products

Key account focus



$0US

Market Penetration

$1.8$1.6$1.4$1.2$1.0$0.8$0.6$0.4$0.2$0.0

US Europe/MEA

APAC LAC

100%

32%21% 15%

Sales Penetration


Carrefour - China


RT- Mart Zhabei - 40 Feet Planogram



Casino Hyper-Market - Brazil


New Wal*Mart / BOMPREÇO Brazil



Consumer & Office BusinessConsumer And Office Business

Summary5 - 8% growth expectation

Outpacing industry growth

Unique, high - quality products

Category defining brands

World - class supply chain performance

Solid, growing customer relationships

Global network

Our Success is Another Manifestation of 3M Innovation

Our Success is Another Manifestation of 3M Innovation

Moe S. Nozari Executive Vice President, Consumer and Office Business

Economy & Finance

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