Kimberly-Clark Announces $500 Million FinancingDallas, July 31, 2003 - Kimberly-Clark Corporation (NYSE:KMB) today announced the public offering of $500 million of 5 percent notes due August 15, 2013. The notes were priced at 99.873 percent of the principal amount to yield 5.016 percent. The public offering will be underwritten by Citigroup, JPMorgan, Banc One Capital Markets, Inc., Banc of America Securities LLC, ABN AMRO Incorporated, HSBC and BNY Capital Markets, Inc. 

Proceeds from the sale of the notes will be used principally to reduce short-term debt. 

Kimberly-Clark and its well-known brands are an indispensable part of life for people in more than 150 countries. Every day, one in four people around the world trust K-C's brands to enhance their health, hygiene and well-being - brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend. For the second consecutive year, Kimberly-Clark has been named to Fortune magazine's list of "100 Best Companies to Work For In America." With nearly 64,000 employees worldwide, the company has received similar recognition in the U.K., Argentina, Australia, Czech Republic, Korea and Thailand. To keep up with the latest K-C news and to learn more about the company's 131-year history of innovation, visit www.kimberly-clark.com.