EXHIBIT 99 Investor Contacts: Jon Greer Media Contact: John Cornwell 651-736-1915 651-733-7698 jagreer@mmm.com jrcornwell@mmm.com Matt Ginter 651-733-8206 mjginter@mmm.com FOR IMMEDIATE RELEASE 3M Authorizes Share Repurchase St. Paul, Minn. - Nov. 15, 2000 -- 3M's Board of Directors has authorized the repurchase of up to 10 million shares of the company's stock, effective Jan. 1, 2001, to Dec. 31, 2001. Reacquired shares will be used to support employee stock purchase plans and for other corporate purposes, including acquisitions. As of Sept. 30, 2000, 3M had 394,433,465 common shares outstanding and 130,491 shareholders of record. # # # FROM: 3M Public Relations 3M Center, Building 225-1S-15 St. Paul, MN 55144-1000 (651) 733-9818