Pfizer Employees/Shareholders Asked by IDAF to ''Withhold'' Board Votes.

DALLAS -- Investors for Director Accountability Foundation (IDAF) has mounted a campaign urging Pfizer shareholders, including employees, to vote "Withhold" for the Board's Compensation Committee members: Robert N. Burt, Stanley O. Ikenberry, George A. Lorch, and Dana G. Mead. Under Pfizer's majority voting rules, directors who receive more "Withhold" than "For" votes must offer their resignation to the Board.

Pfizer employee retirement funds are heavily invested in Pfizer shares. Under CEO Henry McKinnell, Pfizer stock has declined approximately 44% since 2001. However, during that same time period, McKinnell has been awarded about $28.5 million in salary and bonuses, and has been granted stock options worth more than $55 million, according to proxy advisors Glass Lewis. Mr. McKinnell will also receive a $6.5 million annual pension.

To withhold their votes for the four compensation committee members to be voted on at the company's annual meeting, April 27, shareholders will need to cast their votes electronically or by phone because of time constraints. The control number necessary for voting is found on the proxy card received by each shareholder. For more information, shareholders can call 1-800-581-3783, go to www.investorsfordirectoraccountability.org, or contact their bank, broker or money manager if shares are held through such an institution.

Investors for Director Accountability Foundation (IDAF) is an organization of prominent capitalists and investors who want corporate directors to act in the best interests of individual shareholders, who, through mutual funds, corporate stock plans and direct investments, are the true owners of corporate America. IDAF members include founder and former CEO of Vanguard mutual fund group Jack Bogle, famed portfolio manager Christopher C. Davis, corporate governance pioneer Bob Monks, Morningstar's Don Phillips, legendary investors T. Boone Pickens and Harold C. Simmons.

"Among those suffering most from the stock's decline are Pfizer's own employees," said Frederick ("Shad") Rowe, President and Trustee of IDAF. "Pfizer's Compensation Committee would seem to have ignored the good governance practice of pay for performance. Small investors are tired of seeing corporate directors serve as the handmaidens of management."

Mr. Rowe also noted that Pfizer has announced plans to cut $4 billion in expenses by 2008. "We suggest that Mr. McKinnell might demonstrate leadership by reducing his own compensation until shareholder value is restored at Pfizer," Mr. Rowe concluded.

About Investors for Director Accountability Foundation

Investors for Director Accountability Foundation is a group of investors and capitalists whose mission is to educate, inspire and motivate the investors who truly own corporate America to join together and force their direct legal representatives--corporate boards--to act in their best interest. Visit the organization at www.investorsfordirectoraccountability.org or call them at 214-754-9991.