FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: January 9, 1995
(Date of earliest event reported)
KIMBERLY-CLARK CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 1-225 39-0394230
(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
P.O. Box 619100, Dallas, Texas 75261-9100
(Address of principal executive offices) (Zip Code)
(214) 830-1200
(Registrant's telephone number, including area code)
_____________________________________
<PAGE>
Item 5. Other Events
On January 9, 1995, Kimberly-Clark Corporation issued the press
release attached hereto as Exhibit 99.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
KIMBERLY-CLARK
CORPORATION
Date: January 10, 1995 By:/s/ John W. Donehower
----------------------------
John W. Donehower
Senior Vice President and
Chief Financial Officer
<PAGE>
EXHIBIT INDEX
(99) Press release issued by Kimberly-Clark
Corporation on January 9, 1995.
EXHIBIT 99
Kimberly-Clark Corporation Dallas, Texas 75261-9100
Phone 214-830-1200
- ----------------------------------------------------------------------------
For Release: For Further Information:
Tina S. Barry
(214) 830-1484
Kimberly-Clark To Take Nonoperating Charge for Peso Devaluation
- ---------------------------------------------------------------
DALLAS, January 9, 1995--Kimberly-Clark Corporation today
announced it will take a fourth-quarter, nonoperating charge of
approximately $39 million, or 24 cents a share, for translation
losses related to the devaluation of the Mexican peso.
The company said the one-time charge, based on the
year-end currency exchange rate, covers its share of losses
incurred by Kimberly-Clark de Mexico, S.A. de C.V. on the
translation of U.S. dollar-denominated liabilities into pesos.
Kimberly-Clark owns 43 percent of K-C de Mexico.
Kimberly-Clark said it will release fourth-quarter and
full-year financial results on January 19.
The company is a manufacturer of household, personal
care and health care products, as well as newsprint and
business, correspondence and specialty papers. Kimberly-Clark
has manufacturing operations in 25 countries and sells its
products in more than 150.
# # #
