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                                                                    EXHIBIT 99.1
 
                                                       P.O. Box 619100
                                                       Dallas, Texas  75261-9100
[LOGO] Kimberly-Clark Corporation
 
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For Release:                                           For Further Information:
 
                                                           Angie McCoy
                                                           (214) 281-1486
 
             KIMBERLY-CLARK AND SCOTT COMPLETE $9.4 BILLION MERGER
 
    MERGER CREATES SECOND LARGEST U.S. HOUSEHOLD AND PERSONAL CARE PRODUCTS
                COMPANY AND WORLD'S LEADING TISSUE MANUFACTURER
 
DALLAS, December 12, 1995 -- Kimberly-Clark Corporation and Scott Paper Company
today finalized a $9.4 billion merger following overwhelming approval by
stockholders voting at separate meetings in Dallas and Boca Raton.
 
     Scott shareholders will receive 0.78 of a share of newly issued
Kimberly-Clark common stock for each share of Scott's common stock in a tax-free
exchange. As a result, the combined company will have a total of approximately
280 million shares outstanding. The merged company, with annual sales of more
than $12 billion, will operate under the Kimberly-Clark name and will trade on
the New York Stock Exchange under the ticker symbol "KMB."
 
     "Today, we have witnessed the birth of a much stronger Kimberly-Clark
Corporation -- in both a financial and strategic sense," said Wayne R. Sanders,
chairman and chief executive officer of Kimberly-Clark. "We are now one company
with a diversified line of some of the world's best-known, most trusted brands
including Kleenex, Scott, Cottonelle, Viva, Huggies, Kotex and Depend."
 
     Mr. Sanders said: "Since the merger agreement was announced in July, we
have made excellent progress toward achieving our priorities. First, we wanted
to be ready for business on day one as one company, and we are. Second, we
wanted to establish from the beginning an organization that is the right size
for the future. We now expect to exceed our initial projections for potential
cost savings.
 
     "Third, we planned to move quickly to benefit from our global scale in our
three core businesses: personal care products, consumer tissue and
away-from-home products. This is the new platform from which we will launch our
next stage of growth. For those who thought of Kimberly-Clark as a great diaper
company, this merger has given us two other strong global businesses with brands
that we will now leverage around the world.
 
     "And fourth, we wanted to maintain our intense focus on product innovation.
I'm pleased to say that consumers can expect to see a number of product-related
announcements within the next six months."
 
     Effective today, John F. Fort, III, Peter Harf and Gary L. Roubos, each of
whom served on Scott's board of directors, join Kimberly-Clark's board. Mr. Fort
is the former chairman, president and chief executive officer of Tyco
International, Inc. Mr. Harf is chairman and chief executive officer of Joh. A.
Benckiser GmbH, and Mr. Roubos is chairman of Dover Corporation.
 
     Kimberly-Clark, a Fortune 100 company, is a leading manufacturer of
personal care, consumer tissue and away-from-home products. The company's
well-known personal care brands include Huggies, Pull-Ups, Goodnites, Kotex, New
Freedom, Poise and Depend. Consumer tissue products are marketed under the
famous trademarks Kleenex, Scott, Cottonelle, Viva and Job Squad.
 
     For industrial, hotel and institutional uses, the company makes
away-from-home tissue and nonwoven products with such brand names as Scott,
Surpass, Kimwipes and Wypall. Kimberly-Clark also manufactures professional
health care products, newsprint and premium business, correspondence and
technical papers. Worldwide, the company has operations in 32 countries and its
products are sold in 150 countries.