Pfizer`s Board Of Directors Approves Shareholder Advisory Vote On Executive Compensation

NEW YORK--(Business Wire)--
Pfizer Inc. (NYSE: PFE) announced that its Board of Directors has approved
giving shareholders an advisory vote on executive compensation. The vote will
first occur at Pfizer`s Annual Meeting of Shareholders in 2010 and will take
place on a biennial basis thereafter.

"The Board`s action continues Pfizer`s long tradition of seeking and responding
to shareholder input on compensation and other corporate governance topics,"
said Matthew Lepore, Pfizer`s vice president and chief counsel for Corporate
Governance. "The advisory vote is an additional means of obtaining feedback from
our shareholders about executive compensation, which is set by the Compensation
Committee of the Board and is designed to link pay with performance. This
feedback will supplement our ongoing investor outreach activities on a broad
range of corporate governance topics, which will not diminish with the adoption
of this advisory vote."

Timothy Smith, Senior Vice President Environment, Social and Governance Group
for Walden Asset Management, and Stephen Viederman of The Christopher Reynolds
Foundation said, "We commend Pfizer for taking this step. Once again, Pfizer has
exhibited leadership in responding to investor concerns, a proactive approach to
investor communications, and strong corporate governance." The Christopher
Reynolds Foundation sponsored a shareholder proposal regarding advisory votes on
executive compensation at Pfizer`s 2009 Annual Meeting of Shareholders.

Pfizer Inc: Working together for a healthier world

At Pfizer, we apply science and our global resources to improve health and
well-being at every stage of life. We strive to set the standard for quality,
safety and value in the discovery, development and manufacturing of medicines
for people and animals. Our diversified global health care portfolio includes
human and animal biologic and small molecule medicines and vaccines, as well as
nutritional products and many of the world`s best-known consumer products. Every
day, Pfizer colleagues work across developed and emerging markets to advance
wellness, prevention, treatments and cures that challenge the most feared
diseases of our time. Consistent with our responsibility as the world`s leading
biopharmaceutical company, we also collaborate with health care providers,
governments and local communities to support and expand access to reliable,
affordable health care around the world. For more than 150 years, Pfizer has
worked to make a difference for all who rely on us. To learn more about our
commitments, please visit us at www.pfizer.com

Wyeth is now a wholly owned subsidiary of Pfizer Inc. The merger of local Wyeth
and Pfizer entities may be pending in various jurisdictions and is subject to
completion of various local legal and regulatory obligations.

More information is available at www.pfizer.com.

Follow Pfizer on www.Twitter.com/pfizer_news.

Pfizer Inc
Media:
Joan Campion, 212-733-2798
or
Investors:
Suzanne Harnett, 212-733-8009

Copyright Business Wire 2009