8-K

             SECURITIES AND EXCHANGE COMMISSION

                 Washington, D. C.    20549


                          FORM 8-K


                      CURRENT REPORT


            Pursuant to Section 13 or 15(d) of the 
                Securities Exchange Act of 1934


                  Date of Report: August 27, 1998
                (Date of earliest event reported)


           MINNESOTA MINING AND MANUFACTURING COMPANY
 (Exact name of registrant as specified in its charter)


                       File No. 1-3285
                  (Commission File Number)


     Delaware                             41-0417775
(State of incorporation)               (I.R.S. Employer
                                 Identification Number)


    3M Center                              55144-1000
    St. Paul, Minnesota                    (Zip Code)
 (Address of principal executive offices)


       Registrant's telephone, including area code:
                    (612) 733-1110


ITEM 5.   OTHER EVENTS.

In a release dated August 27, 1998, the Registrant announced that
it expects double-digit earnings growth for the coming three years
and sales to increase an average of eight percent per year. The 
Registrant also announced its plans for growth and productivity 
improvement. The Registrant stated that it anticipates a pre-tax 
charge of as much as $500 million associated with actions outlined
in the release.
The news release contained forward-looking statements relating to
earnings and sales growth over the next three years and other matters.
The news release is attached as Exhibit 99 and incorporated by 
reference herein.


ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

   (c)  Exhibits Required by Item 601 of Regulation S-K
        EXHIBIT NO.  DESCRIPTION
        ----------   -----------
          99         News Release dated August 27, 1998


                           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 thereunto duly authorized on the date
indicated.

                            MINNESOTA MINING AND
                           MANUFACTURING COMPANY


                       By: /s/ Gregg M. Larson
                           --------------------
                          Gregg M. Larson,
                          Assistant Secretary

Dated:   August 27, 1998


                      EXHIBIT INDEX

EXHIBIT         DESCRIPTION
- ------          -----------
99              News Release dated August 27, 1998

EX-99

                                                Exhibit 99


Contact: Jon Greer 
651-736-1915

FOR IMMEDIATE RELEASE 

       3M Targets Double-digit Earnings Growth;
       Outlines Plan for Growth, Productivity Improvement


St. Paul, Minn. - August 27, 1998 - At its biennial security
analyst meeting here, 3M said it expects double-digit
earnings growth for the coming three years, and sales to
increase an average of 8 percent per year. Sales will continue
to be affected by the economic situation in Asia and other
parts of the world. 

L.D. DeSimone, chairman and chief executive officer, said
3M's strategy continues to center on growth, through
ongoing investment in innovation, and productivity
improvement, with a number of specific actions being taken
to address current and anticipated economic conditions.
"We're taking the right actions to strengthen our earnings
growth as quickly as possible," he said, "and we remain
committed to continued investment in our growth platforms." 

3M reviewed the strategies of its major businesses with
particular emphasis on major new product programs. These
"Pacing Plus" programs present significant growth
opportunities and change the basis of competition in
growing markets. Pacing Plus programs in place are expected
to generate more than $1 billion in sales in 1998,
up from $650 million last year. 

Consistent with previous announcements, the company will
improve productivity through a series of actions:
     *Reduction of employment levels by 4500 by the
      end of 1999.
     *Consolidation of some manufacturing operations
      around the world.
     *Rationalization of product lines that earn marginal
      returns and/or have a decreasing strategic fit. The
      product lines being reviewed have cumulative annual
      sales of approximately $350 million.

The company anticipates a pre-tax charge of as much as $500 
million associated with these actions.

"With today's global economic outlook, it's even more
important to continuously improve competitiveness,"
DeSimone said. "Our approach both addresses current
realities and strengthens our ability to generate future
growth." 3M continues to invest more than $1 billion
annually in research and development. 

3M is a diversified manufacturing company with 1997 sales of
$15 billion and net income of $1.6 billion. 3M makes more
than 50,000 products serving industrial, consumer,
commercial and health care markets.


FORWARD-LOOKING STATEMENTS

Certain portions of this news release that do not relate to
historical financial information constitute forward-looking
statements. These forward-looking statements are subject to
certain risks and uncertainties. Actual future results and
trends may differ materially from historical results or
those expected depending on a variety of factors,
including, but not limited to: (1) foreign exchange rates
and fluctuations in those rates; (2) the effects of, and
changes in, worldwide economic conditions, particularly in
Japan, the Asia region and the United States; (3) raw
materials, including shortages and increases in the costs
of key raw materials; (4) the impact of the Year 2000
issue; and (5) legal proceedings.  More detail with respect
to various risks and uncertainties is contained in 3M's
Annual and Quarterly Reports filed with the Securities and
Exchange Commission.