Mead Johnson Board of Directors Announces Dividend

GLENVIEW, Ill.–(BUSINESS WIRE)–Mead Johnson Nutrition Company (NYSE: MJN) announced today that its
board of directors has declared a regular quarterly dividend of $0.4125
per share for the quarter ending March 31, 2016.

The dividend will be paid on April 1, 2016, to shareholders of record at
close of business on March 14, 2016.

About Mead Johnson

Mead Johnson, a global leader in pediatric nutrition, develops,
manufactures, markets and distributes more than 70 products in over 50
markets worldwide.
The company’s mission is to nourish the
world’s children for the best start in life.
The Mead Johnson
name has been associated with science-based pediatric nutrition products
for over 100 years. The company’s “Enfa” family of brands, including
Enfamil
® infant formula, is the world’s leading
brand franchise in pediatric nutrition. For more information, visit
meadjohnson.com.

Contacts

Mead Johnson Nutrition Company
Investors:
Kathy
MacDonald, (847) 832-2182
kathy.macdonald@mjn.com
or
Media:
Christopher
Perille, (847) 832-2178
chris.perille@mjn.com