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Mead Johnson Announces Renewable-Energy Project

Initiative Exemplifies Company's Ongoing Commitment to Improving the Environment

EVANSVILLE, Ind., April 22, 2008 — Mead Johnson Nutritionals today announced plans for an innovative project that will use landfill gas for energy at the company's manufacturing facility in Evansville. The gas will be captured at a local landfill, processed for use and transported by dedicated pipeline to Mead Johnson, where it will replace most of the company's use of natural gas. Landfill gas is a natural byproduct of the decomposition of organic materials in the landfill.

Mead Johnson will work with Ameresco and Allied Waste Industries, Inc., to make this important project possible. Ameresco, which will own the system, will be responsible for designing, building, maintaining and operating it. The system will process the landfill gas into a useable fuel and then deliver it to Mead Johnson's facility via a dedicated pipeline. Allied Waste will provide the landfill gas from its Laubscher Meadows Landfill. Construction is expected to begin in June, and the process will be operational by early 2009.

The project is the first of its type for Evansville and it utilizes a "green" technology that's been proven safe and reliable. "Bristol-Myers Squibb and Mead Johnson are committed to environmental stewardship and sustainability around the world," said Mead Johnson President Steve Golsby. "The natural gas usage eliminated through this project represents a shift from the use of fossil fuels to energy that comes from a renewable source," he added.

"This is another great example of how we can be stewards of the environment and partner with businesses to achieve positive results," said Evansville Mayor Jonathan Weinzapfel. "With this project, Mead Johnson is showing its concern for our community as it has previously with contributions to wildlife preservation and the Greenway Passage."

The project is expected to reduce net carbon dioxide greenhouse gas emissions in the Evansville area by 22,000 metric tons per year. Annual environmental benefits are equal to removing emissions from 4,000 passenger vehicles, the electricity used by 5,200 residential homes, or the carbon sequestered by 5,500 acres of forests. Emission reductions were estimated using the U.S. Environmental Protection Agency (EPA) Greenhouse Gas Equivalencies Calculator.

"The Laubscher Meadows project with Mead Johnson adds to our growing portfolio of more than 50 landfill gas-to-energy initiatives currently operating at Allied Waste facilities across the country," said Jim VanWeelden, Senior Vice President for Allied Waste. "Using landfill gas as a renewable energy source is the ultimate in recycling and we are pleased to work with Ameresco and Mead Johnson as part of this innovative and eco-friendly energy project."

Ameresco Vice President Michael T. Bakas said, "We look forward to working with Mead Johnson and Allied Waste to implement this important 'renewable resource' project. Efforts such as this provide significant environmental benefits through the reduction of emissions that positively impact the local community."

Other Bristol-Myers Squibb/Mead Johnson Sustainability Projects
Other environmental projects initiated by Bristol-Myers Squibb/Mead Johnson in the area include the 1999 completion of an $11 million facility designed to utilize natural gas instead of coal as a source of energy. This is the facility now being converted to burn landfill gas. The 1999 initiative eliminated the need to dispose of 2,500 tons of coal ash annually and resulted in a 75 percent reduction in sulfur dioxide emissions.

The company has also been recognized for the development of a wildlife habitat improvement project in Mount Vernon and for a gift of $250,000 to the City of Evansville Parks Foundation in support of the Pigeon Creek Greenway Passage. In 2006, Mead Johnson was included as a charter member of the Indiana Department of Environmental Management's (IDEM) Environmental Stewardship Program. In addition, Bristol-Myers Squibb/Mead Johnson is participating in a variety of Earth Day activities designed to encourage employees to be good stewards of the environment.

About Mead Johnson Nutritionals
Mead Johnson Nutritionals is a world leader in nutrition, dedicated to helping provide infants and children with the best start in life. Mead Johnson is a subsidiary of Bristol-Myers Squibb Company (NYSE - BMY), a global pharmaceutical and related health care products company whose mission is to extend and enhance human life. Visit Mead Johnson Nutritionals online at www.mjn.com and Bristol-Myers Squibb www.bms.com.

About Allied Waste Industries, Inc.
Allied Waste is America's second largest non-hazardous solid waste services company and an environmental leader. Headquartered in Phoenix, Arizona, Allied Waste provides waste collection, transfer, recycling and disposal services to millions of residential, commercial and industrial customers in over 100 major markets spanning 37 states and Puerto Rico. Our team of 22,000 dedicated employees operates within a highly efficient, integrated organization that generated 2007 revenue of $6.1 billion. Websites: alliedwaste.com and disposal.com

About Ameresco
An award winning renewable energy developer, Ameresco, Inc., is the largest independent comprehensive energy solutions provider in North America. Headquartered in Framingham Massachusetts, Ameresco uses innovative strategies, systems, and technologies for renewable and sustainable energy generation and infrastructure renewal, thereby reducing operating expenses, increasing energy reliability and enhancing the environment. Ameresco has developed over 110 MW (effectively) of landfill gas to energy plants throughout the United States. Websites: Ameresco.com

CONTACT:
Susan Wedeking
Mead Johnson Nutritionals
(812) 429-5674
susan.wedeking@bms.com

4/22/2008