JOHNSON & JOHNSON — Director's Dealing 2008

Feb 15, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2008-02-14

Reporting Person: Scodari Joseph C (Executive Committee Member)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-14	Common	A	2266	—	Acquired	16546	Direct
2008-01-31	Common	J	42	—	Acquired	2747	Indirect

Footnotes

F1: Awarded under Issuer's Long-Term Incentive Plan.

F2: Includes 170 shares held under Issuer's Dividend Reinvestment Plan.

F3: Shares acquired under Johnson & Johnson's 401(k) and ESOP Savings Plans as of Plans' most recent reporting date (1/31/2008).