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&lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;FONT style="FONT-SIZE: 10pt"
face="Times New Roman" size=2&gt;During the six months ended June&amp;nbsp;30, 2009, 3M
completed three business combinations. The purchase price paid for these
business combinations (net of cash acquired) and certain acquisition costs paid
for pre-2009 business combinations during the six months ended June&amp;nbsp;30,
2009 aggregated to $12 million.&lt;/FONT&gt;&lt;/P&gt;
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face="Times New Roman" size=2&gt;(1)&amp;nbsp;In January&amp;nbsp;2009, 3M (Safety,
Security and Protection Services Business) purchased 100 percent of the
outstanding shares of Alltech Solutions, a provider of water pipe rehabilitation
services based in Moncton, New Brunswick, Canada.&lt;/FONT&gt;&lt;/P&gt;
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face="Times New Roman" size=2&gt;(2)&amp;nbsp;In February&amp;nbsp;2009, 3M (Industrial and
Transportation Business) purchased the assets of Compac Corp.&amp;#146;s pressure
sensitive adhesive tape business, a global leader in providing custom solutions
in coating, laminating and converting flexible substrates headquartered in
Hackettstown, N.J.&lt;/FONT&gt;&lt;/P&gt;
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face="Times New Roman" size=2&gt;(3)&amp;nbsp;In April&amp;nbsp;2009, 3M (Industrial and
Transportation Business) purchased 100% of the outstanding shares of Meguiar&amp;#146;s
International, UK, a distributor of Meguiar&amp;#146;s Inc. products in the United
Kingdom based in Daventry, United Kingdom.&lt;/FONT&gt;&lt;/P&gt;
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face="Times New Roman" size=2&gt;Purchased identifiable intangible assets related
to the three acquisitions which closed in the first six months of 2009 totaled
$7 million and will be amortized on a straight-line basis over a
weighted-average life of 6 years (lives ranging from 3 to 11 years). Acquired
identifiable intangible assets for which significant assumed renewals or
extensions of underlying arrangements impacted the determination of their useful
lives were not material. Pro forma information related to the above acquisitions
is not included because the impact on the Company&amp;#146;s consolidated results of
operations is not considered to be material.&lt;/FONT&gt;&lt;/P&gt;
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face="Times New Roman" size=2&gt;In addition to business combinations, 3M
periodically acquires certain tangible and/or intangible assets and purchases
interests in certain enterprises that do not otherwise qualify for accounting as
business combinations. These transactions are largely reflected as additional
asset purchase and investment activity.&lt;/FONT&gt;&lt;/P&gt;
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face="Times New Roman" size=2&gt;&lt;/FONT&gt;&amp;nbsp;&lt;/P&gt;
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face="Times New Roman" size=2&gt;Subsequent Events&lt;/FONT&gt;&lt;/U&gt;&lt;/P&gt;
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face="Times New Roman" size=2&gt;On July&amp;nbsp;8, 2009, 3M (Consumer and Office
Business) announced that it completed its acquisition of ACE Bandage, a
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branded elastic health supports in the U.S. and Canada,&lt;/FONT&gt;&lt;FONT
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Jersey.&lt;/FONT&gt;&lt;/P&gt;
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NOTE
2.&amp;nbsp; Acquisitions
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