JOHNSON & JOHNSON — Director's Dealing 2006

Apr 20, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2006-04-19

Reporting Person: PRINCE CHARLES (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-04-19	Common	P	5000	$58.04	Acquired	6000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	800	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common ()	210	Direct

Footnotes

F1: The Phantom Stock Units held under the Issuer's Non-Employee Director Deferred Fee Plan are to be settled in cash upon the Reporting Person's Retirement.

F2: 1 for 1