Mead Johnson Nutrition Updates China Statement

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Mead Johnson Nutrition Company
MJN
announced today that Mead Johnson China continues to fully cooperate with the recent antitrust review of resale prices which was initiated by the Bureau of Price Supervision and Anti-Monopoly of China's National Development and Reform Commission (NDRC). Mead Johnson has also launched a self-review to ensure compliance with the antitrust laws of China. For the sake of the healthy development of the industry, and to reinforce the trust and support of Chinese consumers, the company will optimize its marketing and sales strategy and adjust current pricing and promotional plans. As a result of this adjustment, Mead Johnson China will reduce the ex-factory price of its main products by 7%-15% as of
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