JOHNSON & JOHNSON — Director's Dealing 2009

Jan 9, 2009

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2009-01-01

Reporting Person: Gorsky Alex (Member, Executive Committee)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	0	Direct
Common Stock	1165	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Share Units	$		Common Stock (73800)		Direct

Footnotes

F1: Shares held under Johnson & Johnson's 401(k) and ESOP Savings Plans as of Plans' most recent reporting date (12/31/2008).

F2: Each Restricted Share Unit represents a contingent right to receive one share of Company Common Stock three (3) years from the grant date.

F3: Not applicable.