M Reaffirms Commitment to Investing for Long-Term, Sustainable Growth

-- Company Also Comments on Second Quarter Sales Trends --

ST. PAUL, Minn.--(BUSINESS WIRE)--At an institutional investor and analyst meeting tomorrow at the company’s Cynthiana, Kentucky manufacturing facility, 3M chairman, president and CEO George Buckley will reiterate the company’s commitment to investing in its core businesses to accelerate sales growth. He will cite a number of factors contributing to faster growth including new products and continued strong demand in emerging economies.

Buckley will also report that second quarter 2010 sales are projected to be in the range of $6.6 billion to $6.75 billion, reflecting an estimated 16 to 18 percent growth in organic sales volumes versus the second quarter of 2009. Total-dollar sales are expected to rise between 4 and 6 percent versus first quarter of 2010. 3M will report its complete second quarter results and 2010 full-year outlook on July 22, 2010.

In addition, Joe Harlan, executive vice president of 3M’s Consumer and Office Business, will describe ongoing actions to accelerate sales to 3M’s retail customers around the world, including investments in brand building, new products and international markets. 3M’s Consumer and Office Business is home to a number of coveted, category-defining brands such as Post-it^®, Scotch^®, Filtrete™ and Scotch-Brite™.