OTHER NEWS - May 10, 1995

Kimberly-Clark to Spin Off Tobacco Unit: The Dallas company said the unit that makes cigarette paper is not compatible with its consumer and health care image. It said it will sell shares in the new company. Kimberly-Clark Corp. also said that its previously disclosed plans to cut about 950 jobs and consolidate its paper mills will produce a savings of $100 million a year. Wall Street welcomed the news. Shares rose $1.875 to close at $59.125 on the New York Stock Exchange. Kimberly-Clark, whose products include Huggies diapers, Kleenex facial tissues and feminine hygiene products, said the tobacco-related business employs more than 2,300 people in the United States and France.