JOHNSON & JOHNSON — Director's Dealing 2006

Feb 15, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2006-02-13

Reporting Person: LANGBO ARNOLD G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-13	Common	A	1714	—	Acquired	3225	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	185	Indirect
Common	900	Indirect
Common	700	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock Units	$		Common (0)	39120	Direct

Footnotes

F1: Annual grant of restricted stock issued to Non-Employee Directors under Issuer's Long-Term Incentive Plan

F2: Includes 1,511 shares previously reported as held indirectly.

F3: Adjusted to deduct 1,511 shares previously reported as held indirectly, which are now reported as directly held.

F4: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F5: 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.

F6: 1 for 1