JOHNSON & JOHNSON — Director's Dealing 2008

Feb 13, 2008

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2007-12-30

Reporting Person: Scodari Joseph C (Executive Committee Member)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-30	Common	J	162	—	Acquired	2705	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8815	Direct

Footnotes

F1: Includes 170 shares held under Issuer's Dividend Reinvestment Plan.

F2: Shares acquired under Johnson & Johnson's 401(k) and ESOP Savings Plans as of Plans' most recent reporting date (1/31/2008).