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<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B>As Filed with the Securities and Exchange Commission on May 10, 2004</B></FONT></P>

<P align=right><FONT face="Times New Roman, Times, Serif" size=2><B>Registration No. 333-</B>__________</FONT></P>

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<P align=center><FONT face="Times New Roman, Times, Serif" size=2>UNITED STATES<BR>SECURITIES AND EXCHANGE COMMISSION<BR>Washington, D.C.
 20549 </FONT></P>

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<H1 align=center><FONT face="Times New Roman, Times, Serif" size=5>Form S-8 </FONT></H1>

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<P align=center><FONT face="Times New Roman, Times, Serif" size=2>Registration Statement<BR>Under<BR>The Securities Act
 of 1933 </FONT></P>

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<P align=center><FONT face="Times New Roman, Times, Serif" size=5><B>Kimberly-Clark Corporation</B></FONT></P>
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<TD align=center width="100%"><FONT face="Times New Roman, Times, Serif" size=2>(Exact name of Registrant as specified in its charter)</FONT></TD></TR>
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<TD align=center width="60%"><FONT face="Times New Roman, Times, Serif" size=2><B>Delaware</B></FONT></TD>
<TD align=left width="40%"><FONT face="Times New Roman, Times, Serif" size=2><B>39-0394230</B>&nbsp;</FONT></TD></TR>
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<TD align=center><FONT face="Times New Roman, Times, Serif" size=2>(State or Other Jurisdiction</FONT></TD>
<TD align=left><FONT face="Times New Roman, Times, Serif" size=2>(I.R.S. Employer&nbsp;</FONT></TD></TR>
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<TD align=center><FONT face="Times New Roman, Times, Serif" size=2>of Incorporation or Organization)</FONT></TD>
<TD align=left><FONT face="Times New Roman, Times, Serif" size=2>Identification Number)</FONT></TD></TR>
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<TD align=center><FONT face="Times New Roman, Times, Serif" size=2><B>P.O. Box 619100</B></FONT></TD>
<TD align=left><FONT face="Times New Roman, Times, Serif" size=2><B>75261-9100</B>&nbsp;</FONT></TD></TR>
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<TD align=center><FONT face="Times New Roman, Times, Serif" size=2><B>Dallas, Texas</B></FONT></TD>
<TD align=left><FONT face="Times New Roman, Times, Serif" size=2>(Zip Code)&nbsp;</FONT></TD></TR>
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<TD align=center><FONT face="Times New Roman, Times, Serif" size=2>(Address of Principal Executive Offices)</FONT></TD></TR>
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<TD align=center><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
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<TD align=center width="100%"><FONT face="Times New Roman, Times, Serif" size=2><B>Kimberly-Clark Corporation 2001 Equity Participation Plan</B> <BR>(Full Title of the Plan)<BR><BR><B>RONALD D. MC CRAY<BR>Senior Vice President &#151; Law and Government Affairs<BR>P.O. Box 619100<BR>Dallas, Texas 75261-9100<BR>(972) 281-1200</B><BR>(Name, Address and Telephone Number, Including Area Code, of Agent for Service) </FONT></TD></TR>
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<H1 align=center><FONT face="Times New Roman, Times, Serif" size=2>CALCULATION OF REGISTRATION FEE </FONT></H1>

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<TH colSpan=1><FONT face="Times New Roman, Times, Serif" size=2>Title of Securities<BR>&nbsp;to be Registered </FONT><HR color=black align=left width="100%" SIZE=1></TH>
<TH colSpan=1><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TH>

<TH colSpan=1><FONT face="Times New Roman, Times, Serif" size=2>Amount to be<BR>&nbsp;Registered </FONT><HR color=black align=left width="100%" SIZE=1></TH>
<TH colSpan=1><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TH>

<TH colSpan=2><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;Proposed <BR>&nbsp;&nbsp;&nbsp;&nbsp;Maximum <BR>Offering Price<BR>&nbsp;&nbsp;&nbsp;Per Unit </FONT><HR color=black align=left width="93%" SIZE=1></TH>
<TH colSpan=2><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;Proposed<BR>&nbsp;&nbsp;&nbsp;&nbsp;Maximum<BR>&nbsp;&nbsp;&nbsp;Aggregate <BR>Offering Price </FONT><HR color=black align=left width="93%" SIZE=1></TH>
<TH colSpan=2><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;Amount of<BR>Registration Fee </FONT><HR color=black align=left width="100%" SIZE=1></TH>
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<TD align=left width="30%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=left width="3%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=left width="18%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=left width="3%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=right width="13%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=left width="4%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=right width="13%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=left width="4%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=right width="10%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=left width="2%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>

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<TD align=left width="30%"><FONT face="Times New Roman, Times, Serif" size=2>Common Stock, $1.25 par value</FONT></TD>
<TD align=left width="3%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=left width="18%"><FONT face="Times New Roman, Times, Serif" size=2>20,000,000 shares</FONT></TD>
<TD align=left width="3%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=right width="13%"><FONT face="Times New Roman, Times, Serif" size=2>$ 65.25&nbsp;</FONT></TD>
<TD align=left width="4%"><FONT face="Times New Roman, Times, Serif" size=2>(1)</FONT></TD>
<TD align=right width="13%"><FONT face="Times New Roman, Times, Serif" size=2>$ 1,305,000,000&nbsp;</FONT></TD>
<TD align=left width="4%"><FONT face="Times New Roman, Times, Serif" size=2>(1)</FONT></TD>
<TD align=right width="10%"><FONT face="Times New Roman, Times, Serif" size=2>$ 165,343.50&nbsp;</FONT></TD>
<TD align=left width="2%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
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<TD align=left><FONT face="Times New Roman, Times, Serif" size=2>Preferred Stock Purchase Rights</FONT></TD>
<TD align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=left><FONT face="Times New Roman, Times, Serif" size=2>20,000,000 rights</FONT></TD>
<TD align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=right><FONT face="Times New Roman, Times, Serif" size=2>(2)</FONT></TD>
<TD align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=center><FONT face="Times New Roman, Times, Serif" size=2>(2)</FONT></TD>
<TD align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=center><FONT face="Times New Roman, Times, Serif" size=2>(2)</FONT></TD>
<TD align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
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<TD width="97%"><FONT face="Times New Roman, Times, Serif" size=2>Estimated solely for the purpose of calculating the registration fee required by Section 6(b) of the Securities Act of 1933, as amended, pursuant to Rule 457(c) thereunder, based on $65.25, the average of the high and low prices of the common stock on May 7, 2004, as reported in the consolidated reporting system. </FONT></TD></TR>
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<TD width="97%"><FONT face="Times New Roman, Times, Serif" size=2>The preferred stock purchase rights initially are attached to and trade with the shares of common stock being registered hereby. Value attributable to such rights, if any, is reflected in the market price of the common stock. </FONT></TD></TR>
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<H1 align=center><FONT face="Times New Roman, Times, Serif" size=2>PART II </FONT></H1>

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<H1 align=center><FONT face="Times New Roman, Times, Serif" size=2>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT </FONT></H1>

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<H1 align=left><FONT face="Times New Roman, Times, Serif" size=2>Item 3. Incorporation of Documents by Reference. </FONT></H1>

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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
 following documents previously filed by the Registrant with the Securities and Exchange Commission (the
 &#147;SEC&#148;) are incorporated herein by reference (except for the portions of the Registrant&#146;s Current Reports
 furnished, as opposed to filed, on Form 8-K): </FONT></P>

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<P align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 The Registrant&#146;s Annual Report on Form 10-K for the year ended December 31, 2003; </FONT></P>
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<P align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 The Registrant&#146;s Quarterly Report on Form 10-Q for the quarter ended March 31, 2004; </FONT></P>
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<P align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 The description of the Registrant&#146;s Common Stock contained in the Proxy Statement/Prospectus constituting
 a part of the Registrant&#146;s Registration Statement on Form S-4 (Registration No. 333-94139); and </FONT>
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<P align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 The description of the Registrant&#146;s Preferred Stock Purchase Rights contained in Registration Statements
 on Form 8-A and amendments thereto filed by the Registrant with the SEC on June 21, 1988, June 13, 1995
 and March 17, 1997. </FONT></P>
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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
 documents filed by the Registrant pursuant to Section 13(a), 13(c), 14 or 15(d) of the Securities Exchange
 Act of 1934, as amended (the &#147;Exchange Act&#148;), subsequent to the date hereof and prior to the filing
 of a post-effective amendment which indicates that all securities offered hereby have been sold or which
 deregisters all securities then remaining unsold shall be deemed to be incorporated by reference herein
 and to be a part hereof from the dates of filing of such reports and documents. Any statement contained
 in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified
 or superseded for purposes of this Registration Statement to the extent that a statement contained herein,
 or in any other subsequently filed document which also is incorporated or deemed to be incorporated
 by reference herein, modifies or supersedes such statement. Any statement so modified or superseded
 shall not be deemed, except as so modified or superseded, to constitute a part of this Registration
 Statement. </FONT></P>

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<H1 align=left><FONT face="Times New Roman, Times, Serif" size=2>Item 4. Description of Securities. </FONT></H1>

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<P align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</FONT>
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<H1 align=left><FONT face="Times New Roman, Times, Serif" size=2>Item 5. Interests of Named Experts and Counsel. </FONT></H1>

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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain legal matters have been passed upon for the Registrant by Ronald D. Mc Cray,
Senior Vice President &#151; Law and
Government Affairs of the Registrant. Mr. Mc Cray is paid a salary by the Registrant, is a
participant in various employee benefit plans offered to employees of the Registrant
generally and owns or has interests in equity securities of the Registrant with an
aggregate value in excess of $50,000. Mr. Mc Cray has received, and may receive,
securities and interests in securities pursuant to the Registrant&#146;s 2001 Equity
Participation Plan.
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<H1 align=left><FONT face="Times New Roman, Times, Serif" size=2>Item 6. Indemnification of Directors and Officers. </FONT></H1>

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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
 Registrant&#146;s By-laws (the &#147;By-Laws&#148;) provide, among other things, that the Registrant shall (i) indemnify
 any person who was or is a party or is threatened to be made a party to any threatened, pending or completed
 action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an
 action by or in the right of the Registrant) by reason of the fact that he is or was a director or officer
 of the Registrant, or is or was serving at the request of the Registrant as a director or officer of
 another corporation, or, in the case of a director or officer of the Registrant, is or was serving as
 an employee or agent of a partnership, joint venture, trust or other enterprise, against expenses (including
 attorneys&#146; fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by
 him in connection with such action, suit or proceeding if he acted in good faith and in a manner he
 reasonably believed to be in or not opposed to the best interests of the Registrant, and, with respect
 to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful, and
 (ii) indemnify any person who was or is a party or is threatened to be made a party to any threatened,
 pending or completed action or suit by or in the right of
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<P><FONT face="Times New Roman, Times, Serif" size=2>the Registrant to procure a judgment in its
 favor by reason of the fact that he is or was a director or officer of the Registrant, or is or was
 serving at the request of the Registrant as a director or officer of another corporation, or, in the
 case of a director or officer of the Registrant, is or was serving as an employee or agent of a partnership,
 joint venture, trust or other enterprise against expenses (including attorneys&#146; fees) actually and reasonably
 incurred by him in connection with the defense or settlement of such action or suit if he acted in good
 faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Registrant
 and except that no indemnification shall be made in respect of any claim, issue or matter as to which
 such person shall have been adjudged to be liable to the Registrant unless and only to the extent that
 the Court of Chancery or the court in which such action or suit was brought shall determine upon application
 that, despite the adjudication of liability but in view of all the circumstances of the case, such person
 is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such
 other court shall deem proper. Notwithstanding the foregoing, the Registrant is not required to indemnify
 any director or officer of the Registrant in connection with a proceeding (or portion thereof) initiated
 by such director or officer against the Registrant or any directors, officers or employees thereof unless
 (i) the initiation of such proceeding (or portion thereof) was authorized by the Board of Directors
 of the Registrant or (ii) notwithstanding the lack of such authorization, the person seeking indemnification
 is successful on the merits. The By-Laws further provide that the indemnification provided therein shall
 not be deemed exclusive of any other rights to which those seeking indemnification may be entitled.
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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
 145 of the General Corporation Law of the State of Delaware authorizes indemnification by the Registrant
 of directors and officers under the circumstances provided in the provisions of the By-Laws described
 above, and requires such indemnification for expenses actually and reasonably incurred to the extent
 a director or officer is successful in the defense of any action, or any claim, issue or matter therein.
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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
 Registrant has purchased insurance which purports to insure the Registrant against certain costs of
 indemnification which may be incurred by it pursuant to the By-Laws and to insure the officers and directors
 of the Registrant, and of its subsidiary companies, against certain liabilities incurred by them in
 the discharge of their functions as such officers and directors except for liabilities resulting from
 their own malfeasance. </FONT></P>

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<H1 align=left><FONT face="Times New Roman, Times, Serif" size=2>Item 7. Exemptions from Registration Claimed. </FONT></H1>

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<P align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.</FONT>
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<H1 align=left><FONT face="Times New Roman, Times, Serif" size=2>Item 8. Exhibits. </FONT></H1>

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<P align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
 following is a list of Exhibits included as part of this Registration Statement. The Registrant agrees
 to furnish supplementally a copy of any omitted schedule to the SEC upon request. Items marked with
 an asterisk are filed herewith. </FONT></P>
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<TD WIDTH="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>4.1</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD WIDTH="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; Restated Certificate of Incorporation of the<BR>Registrant, dated June 12, 1997, is hereby incorporated by <BR>reference to Exhibit No. (3)a. to the Annual Report on Form <BR>10-K of the Registrant for the year ended December 31, 1999. </FONT></TD></TR>
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<TD WIDTH="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>4.2</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD width="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; By-Laws of the Registrant, as amended April 24, 2003, <BR>are hereby incorporated by reference to Exhibit No. (3)b. to the <BR>Quarterly Report on Form 10-Q of the Registrant for the <BR>quarter ended June 30, 2003. </FONT></TD></TR>
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<TD width="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>4.3</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD width="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; Rights Agreement dated as of June 21, 1988, as amended <BR>and restated as of June 8, 1995, between the Registrant <BR>and The First National Bank of Boston, as Rights Agent, is <BR>hereby incorporated by reference to Exhibit No. 1 to the <BR>Registration Statement on Form 8-A/A of the Registrant <BR>filed with the SEC on June 13, 1995. </FONT></TD></TR>
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<TD width="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>4.4</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD width="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; Certificate of Adjustment, dated March 7, 1997, filed <BR>by the Registrant with The First National Bank of Boston, <BR>as Rights Agent, is hereby incorporated by reference to <BR>Exhibit No. 2 to the Registration Statement on Form 8-A/A <BR>of the Registrant filed with the SEC on March 17, 1997. </FONT></TD></TR>
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<TD width="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>4.5*</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD width="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; Kimberly-Clark Corporation 2001 Equity Participation Plan, <BR>as amended effective January 1, 2004. </FONT></TD></TR>
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<TD width="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>5*</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD width="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; Opinion of Ronald D. Mc Cray.</FONT></TD></TR>
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<TD width="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>23.1*</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD width="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; Consent of Deloitte &amp; Touche LLP. </FONT></TD></TR>
<TR vAlign=top>
<TD width="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>23.2*</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD width="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; Consent of Ronald D. Mc Cray is contained in his <BR>opinion filed as Exhibit No. 5. </FONT></TD></TR>
<TR vAlign=top>
<TD width="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>24*</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD width="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; Powers of Attorney.</FONT></TD></TR>
</TABLE>



<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>

<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">3 </FONT></P>

<p Style='page-break-before:always'>
<HR color=gray noShade SIZE=5>




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<H1 align=left><FONT face="Times New Roman, Times, Serif" size=2>Item 9. Undertakings. </FONT></H1>

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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 The undersigned Registrant hereby undertakes: </FONT></P>

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<TABLE cellSpacing=0 cellPadding=0 width="100%">
<TR vAlign=top>
<TD align=right width="5%"></TD>
<TD width="95%">
<P align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 To file, during any period in which offers or sales are being made, a post-effective amendment to this
 registration statement: </FONT></P>
</TD></TR>
</TABLE>

<BR>
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<TABLE cellSpacing=0 cellPadding=0 width="100%">
<TR vAlign=top>
<TD align=right width="5%"></TD>
<TD width="95%">
<P align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933, as amended (the
 &#147;Securities Act&#148;); </FONT></P>
</TD></TR>
</TABLE>

<BR>
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<TABLE cellSpacing=0 cellPadding=0 width="100%">
<TR vAlign=top>
<TD align=right width="5%"></TD>
<TD width="95%">
<P align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 To reflect in the prospectus any facts or events arising after the effective date of the registration
 statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate,
 represent a fundamental change in the information set forth in the registration statement. Notwithstanding
 the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of
 securities offered would not exceed that which was registered) and any deviation from the low or high
 end of the estimated maximum offering range may be reflected in the form of prospectus filed with the
 Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no
 more than a 20 percent change in the maximum aggregate offering price set forth in the &#147;Calculation
 of Registration Fee&#148; table in the effective registration statement; and </FONT></P>
</TD></TR>
</TABLE>

<BR>
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<TABLE cellSpacing=0 cellPadding=0 width="100%">
<TR vAlign=top>
<TD align=right width="5%"></TD>
<TD width="95%">
<P align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 To include any material information with respect to the plan of distribution not previously disclosed
 in the registration statement or any material change to such information in the registration statement;
 </FONT></P>
</TD></TR>
</TABLE>

<BR>
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<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
<TR vAlign=top>
<TD width="5%">&nbsp;</TD>
<TD width="95%"><FONT face="Times New Roman, Times, Serif" size=2>provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the registration statement is on Form S-3, Form S-8 or Form F-3, and the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the SEC by the Registrant pursuant to Section 13 or 15(d) of the Exchange Act that are incorporated by reference in the registration statement. </FONT></TD></TR>
</TABLE>

<BR>
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<TABLE cellSpacing=0 cellPadding=0 width="100%">
<TR vAlign=top>
<TD align=right width="5%"></TD>
<TD width="95%">
<P align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 That, for the purpose of determining any liability under the Securities Act, each such post-effective
 amendment shall be deemed to be a new registration statement relating to the securities offered therein,
 and the offering of such securities at that time shall be deemed to be the initial bona fide offering
 thereof. </FONT></P>
</TD></TR>
</TABLE>

<BR>
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<TABLE cellSpacing=0 cellPadding=0 width="100%">
<TR vAlign=top>
<TD align=right width="5%"></TD>
<TD width="95%">
<P align=left><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 To remove from registration by means of a post-effective amendment any of the securities being registered
 which remain unsold at the termination of the offering. </FONT></P>
</TD></TR>
</TABLE>

<BR>
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<TABLE cellSpacing=0 cellPadding=0 width="100%">
<TR vAlign=top>
<TD align=right width="5%"><FONT face="Times New Roman, Times, Serif" size=2>(b) </FONT></TD>
<TD align=left width="95%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant&#146;s annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan&#146;s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. </FONT></TD></TR>
</TABLE>

<BR>
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<TABLE cellSpacing=0 cellPadding=0 width="100%">
<TR vAlign=top>
<TD align=right width="5%"><FONT face="Times New Roman, Times, Serif" size=2>(c) </FONT></TD>
<TD align=left width="95%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court
of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue. </FONT></TD></TR>
</TABLE>

<BR>


<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">4 </FONT></P>

<p Style='page-break-before:always'>
<HR color=gray noShade SIZE=5>

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<H1 align=center><FONT face="Times New Roman, Times, Serif" size=2>SIGNATURES </FONT></H1>

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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
 to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has
 reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly
 caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized,
 in the City of Irving, State of Texas, on May 10, 2004. </FONT></P>

<TABLE cellSpacing=0 cellPadding=0 width=600 align=center>
<TR vAlign=bottom>
<TH><FONT face="Times New Roman, Times, Serif" size=2></FONT></TH>
<TH align=left><FONT face="Times New Roman, Times, Serif" size=2>KIMBERLY-CLARK CORPORATION</FONT></TH></TR>
<TR vAlign=bottom>
<TD align=left width="55%"></TD>
<TD align=center width="46%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
<TR vAlign=bottom>
<TD align=left></TD>
<TD align=left><FONT face="Times New Roman, Times, Serif" size=2>By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ THOMAS J. FALK</FONT>
<HR align=left color=black SIZE=1>
</TD></TR>
<TR vAlign=bottom>
<TD align=left></TD>
<TD align=center><FONT face="Times New Roman, Times, Serif" size=2><I>Thomas J. Falk</I></FONT></TD></TR>
<TR vAlign=bottom>
<TD align=left></TD>
<TD align=center><FONT face="Times New Roman, Times, Serif" size=2><I>Chairman of the Board and<BR>Chief Executive Officer</I></FONT></TD></TR>
</TABLE>


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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
 to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been
 signed below by the following persons in the capacities and on the dates indicated. </FONT></P>

<TABLE cellSpacing=0 cellPadding=0 width=600 align=center border=0>
<TR vAlign=bottom>
<TH><FONT face="Times New Roman, Times, Serif" size=2></FONT></TH>
<TH><FONT face="Times New Roman, Times, Serif" size=2></FONT></TH>
<TH><FONT face="Times New Roman, Times, Serif" size=2></FONT></TH></TR>
<TR vAlign=top>
<TD align=left width="57%"><FONT face="Times New Roman, Times, Serif" size=2>/s/ THOMAS J. FALK<BR><BR>Thomas J. Falk</FONT></TD>
<TD align=left width="28%"><FONT face="Times New Roman, Times, Serif" size=2>Chairman of the Board and<BR>Chief Executive Officer<BR>and Director (principal<BR>executive officer)</FONT></TD>
<TD align=left width="13%"><FONT face="Times New Roman, Times, Serif" size=2>May 10, 2004</FONT></TD></TR>
<TR vAlign=top>
<TD align=left width="57%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=left width="28%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=left width="13%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
<TR vAlign=top>
<TD align=left><FONT face="Times New Roman, Times, Serif" size=2>/s/ MARK A. BUTHMAN<BR><BR>Mark A. Buthman</FONT></TD>
<TD align=left width="28%"><FONT face="Times New Roman, Times, Serif" size=2>Senior Vice President and <BR>Chief Financial Officer<BR>(principal financial<BR>officer)</FONT></TD>
<TD align=left><FONT face="Times New Roman, Times, Serif" size=2>May 10, 2004</FONT></TD></TR>
<TR vAlign=top>
<TD align=left width="57%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=left width="28%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD>
<TD align=left width="13%"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
<TR vAlign=top>
<TD align=left><FONT face="Times New Roman, Times, Serif" size=2>/s/ RANDY J. VEST<BR><BR>Randy J. Vest</FONT></TD>
<TD align=left><FONT face="Times New Roman, Times, Serif" size=2>Vice President and<BR>Controller (principal<BR>accounting officer)</FONT></TD>
<TD align=left><FONT face="Times New Roman, Times, Serif" size=2>May 10, 2004</FONT></TD></TR>
</TABLE>

<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></P>

<TABLE WIDTH="400" BORDER="0" CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER">
<TR VALIGN="BOTTOM">
     <TH COLSPAN=3><FONT SIZE="2">DIRECTORS</FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">*</FONT><HR align=left color=black SIZE=1></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">*</FONT><HR align=left color=black SIZE=1></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Dennis R. Beresford</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Claudio X. Gonzalez</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">*</FONT><HR align=left color=black SIZE=1></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">*</FONT><HR align=left color=black SIZE=1></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">John F. Bergstrom</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Mae C. Jemison</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">*</FONT><HR align=left color=black SIZE=1></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">*</FONT><HR align=left color=black SIZE=1></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Pastora San Juan Cafferty</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Linda Johnson Rice</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">*</FONT><HR align=left color=black SIZE=1></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">*</FONT><HR align=left color=black SIZE=1></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Robert W. Decherd</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Marc J. Shapiro</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">*</FONT><HR align=left color=black SIZE=1></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Thomas J. Falk</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">May 10, 2004</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">*By: /s/ RONALD D. MC CRAY</FONT><HR align=left color=black SIZE=1></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Ronald D. Mc Cray</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="200" ALIGN="CENTER" ><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Attorney-in-Fact</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD>
     <TD WIDTH="200" ALIGN="CENTER" ><FONT FACE="Times New Roman, Times, Serif" SIZE="1">&nbsp;</FONT></TD></TR>
</TABLE>


<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2></FONT>&nbsp;</P>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">5 </FONT></P>

<p Style='page-break-before:always'>
<HR color=gray noShade SIZE=5>




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<H1 align=center><FONT face="Times New Roman, Times, Serif" size=2>EXHIBIT INDEX </FONT></H1>

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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
 following is a list of Exhibits included as part of this Registration Statement. Items marked with an
 asterisk are filed herewith. </FONT></P>



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<TR vAlign=top>
<TH ALIGN="CENTER"><FONT face="Times New Roman, Times, Serif" size=2>No.</FONT><HR color=black align=left width="100%" SIZE=1></TH>
<TH ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TH>
<TH ALIGN="CENTER"><FONT face="Times New Roman, Times, Serif" size=2>Description of Exhibit</FONT><HR color=black align=left width="100%" SIZE=1></TH></TR>
<TR vAlign=top>
<TD WIDTH="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>4.1</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD WIDTH="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; Restated Certificate of Incorporation of the<BR>Registrant, dated June 12, 1997, is hereby incorporated by <BR>reference to Exhibit No. (3)a. to the Annual Report on Form <BR>10-K of the Registrant for the year ended December 31, 1999. </FONT></TD></TR>
<TR vAlign=top>
<TD WIDTH="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>4.2</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD width="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; By-Laws of the Registrant, as amended April 24, 2003, <BR>are hereby incorporated by reference to Exhibit No. (3)b. to the <BR>Quarterly Report on Form 10-Q of the Registrant for the <BR>quarter ended June 30, 2003. </FONT></TD></TR>
<TR vAlign=top>
<TD width="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>4.3</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD width="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; Rights Agreement dated as of June 21, 1988, as amended <BR>and restated as of June 8, 1995, between the Registrant <BR>and The First National Bank of Boston, as Rights Agent, is <BR>hereby incorporated by reference to Exhibit No. 1 to the <BR>Registration Statement on Form 8-A/A of the Registrant <BR>filed with the SEC on June 13, 1995. </FONT></TD></TR>
<TR vAlign=top>
<TD width="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>4.4</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD width="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; Certificate of Adjustment, dated March 7, 1997, filed <BR>by the Registrant with The First National Bank of Boston, <BR>as Rights Agent, is hereby incorporated by reference to <BR>Exhibit No. 2 to the Registration Statement on Form 8-A/A <BR>of the Registrant filed with the SEC on March 17, 1997. </FONT></TD></TR>
<TR vAlign=top>
<TD width="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>4.5*</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD width="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; Kimberly-Clark Corporation 2001 Equity Participation Plan, <BR>as amended effective January 1, 2004. </FONT></TD></TR>
<TR vAlign=top>
<TD width="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>5*</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD width="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; Opinion of Ronald D. Mc Cray.</FONT></TD></TR>
<TR vAlign=top>
<TD width="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>23.1*</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD width="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; Consent of Deloitte &amp; Touche LLP. </FONT></TD></TR>
<TR vAlign=top>
<TD width="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>23.2*</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD width="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; Consent of Ronald D. Mc Cray is contained in his <BR>opinion filed as Exhibit No. 5. </FONT></TD></TR>
<TR vAlign=top>
<TD width="15%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>24*</FONT></TD>
<TD WIDTH="2%" ALIGN="RIGHT"><FONT face="Times New Roman, Times, Serif" size=1>&nbsp;</FONT></TD>
<TD width="85%"><FONT face="Times New Roman, Times, Serif" size=1>&#151; Powers of Attorney.</FONT></TD></TR>
</TABLE>

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{"company-data": {"conformed-name": "KIMBERLY CLARK CORP", "cik": "0000055785", "assigned-sic": "2621", "irs-number": "390394230", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-115347", "film-number": "04793814"}, "business-address": {"street1": "P O BOX 619100", "street2": "DFW AIRPORT STATION", "city": "DALLAS", "state": "TX", "zip": "75261-9100", "phone": "9722811200"}, "mail-address": {"street1": "351 PHELPS DRIVE", "city": "IRVING", "state": "TX", "zip": "75038"}}
FORM S-8
As Filed with the Securities and Exchange Commission on May 10, 2004
Registration No. 333-
__________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
 20549
Form S-8
Registration Statement
Under
The Securities Act
 of 1933
Kimberly-Clark Corporation
(Exact name of Registrant as specified in its charter)
Delaware
39-0394230
(State or Other Jurisdiction
(I.R.S. Employer
of Incorporation or Organization)
Identification Number)
P.O. Box 619100
75261-9100
Dallas, Texas
(Zip Code)
(Address of Principal Executive Offices)
Kimberly-Clark Corporation 2001 Equity Participation Plan
(Full Title of the Plan)
RONALD D. MC CRAY
Senior Vice President — Law and Government Affairs
P.O. Box 619100
Dallas, Texas 75261-9100
(972) 281-1200
(Name, Address and Telephone Number, Including Area Code, of Agent for Service)
CALCULATION OF REGISTRATION FEE
Title of Securities
to be Registered
Amount to be
Registered
Proposed
Maximum
Offering Price
Per Unit
Proposed
Maximum
Aggregate
Offering Price
Amount of
Registration Fee
Common Stock, $1.25 par value
20,000,000 shares
$ 65.25
(1)
$ 1,305,000,000
(1)
$ 165,343.50
Preferred Stock Purchase Rights
20,000,000 rights
(2)
(2)
(2)
(1)
Estimated solely for the purpose of calculating the registration fee required by Section 6(b) of the Securities Act of 1933, as amended, pursuant to Rule 457(c) thereunder, based on $65.25, the average of the high and low prices of the common stock on May 7, 2004, as reported in the consolidated reporting system.
(2)
The preferred stock purchase rights initially are attached to and trade with the shares of common stock being registered hereby. Value attributable to such rights, if any, is reflected in the market price of the common stock.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The
 following documents previously filed by the Registrant with the Securities and Exchange Commission (the
 "SEC") are incorporated herein by reference (except for the portions of the Registrant's Current Reports
 furnished, as opposed to filed, on Form 8-K):
1.       
 The Registrant's Annual Report on Form 10-K for the year ended December 31, 2003;
2.       
 The Registrant's Quarterly Report on Form 10-Q for the quarter ended March 31, 2004;
3.       
 The description of the Registrant's Common Stock contained in the Proxy Statement/Prospectus constituting
 a part of the Registrant's Registration Statement on Form S-4 (Registration No. 333-94139); and
4.       
 The description of the Registrant's Preferred Stock Purchase Rights contained in Registration Statements
 on Form 8-A and amendments thereto filed by the Registrant with the SEC on June 21, 1988, June 13, 1995
 and March 17, 1997.
All
 documents filed by the Registrant pursuant to Section 13(a), 13(c), 14 or 15(d) of the Securities Exchange
 Act of 1934, as amended (the "Exchange Act"), subsequent to the date hereof and prior to the filing
 of a post-effective amendment which indicates that all securities offered hereby have been sold or which
 deregisters all securities then remaining unsold shall be deemed to be incorporated by reference herein
 and to be a part hereof from the dates of filing of such reports and documents. Any statement contained
 in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified
 or superseded for purposes of this Registration Statement to the extent that a statement contained herein,
 or in any other subsequently filed document which also is incorporated or deemed to be incorporated
 by reference herein, modifies or supersedes such statement. Any statement so modified or superseded
 shall not be deemed, except as so modified or superseded, to constitute a part of this Registration
 Statement.
Item 4. Description of Securities.
Not applicable.
Item 5. Interests of Named Experts and Counsel.
Certain legal matters have been passed upon for the Registrant by Ronald D. Mc Cray,
Senior Vice President — Law and
Government Affairs of the Registrant. Mr. Mc Cray is paid a salary by the Registrant, is a
participant in various employee benefit plans offered to employees of the Registrant
generally and owns or has interests in equity securities of the Registrant with an
aggregate value in excess of $50,000. Mr. Mc Cray has received, and may receive,
securities and interests in securities pursuant to the Registrant's 2001 Equity
Participation Plan.
Item 6. Indemnification of Directors and Officers.
The
 Registrant's By-laws (the "By-Laws") provide, among other things, that the Registrant shall (i) indemnify
 any person who was or is a party or is threatened to be made a party to any threatened, pending or completed
 action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an
 action by or in the right of the Registrant) by reason of the fact that he is or was a director or officer
 of the Registrant, or is or was serving at the request of the Registrant as a director or officer of
 another corporation, or, in the case of a director or officer of the Registrant, is or was serving as
 an employee or agent of a partnership, joint venture, trust or other enterprise, against expenses (including
 attorneys' fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by
 him in connection with such action, suit or proceeding if he acted in good faith and in a manner he
 reasonably believed to be in or not opposed to the best interests of the Registrant, and, with respect
 to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful, and
 (ii) indemnify any person who was or is a party or is threatened to be made a party to any threatened,
 pending or completed action or suit by or in the right of
2
the Registrant to procure a judgment in its
 favor by reason of the fact that he is or was a director or officer of the Registrant, or is or was
 serving at the request of the Registrant as a director or officer of another corporation, or, in the
 case of a director or officer of the Registrant, is or was serving as an employee or agent of a partnership,
 joint venture, trust or other enterprise against expenses (including attorneys' fees) actually and reasonably
 incurred by him in connection with the defense or settlement of such action or suit if he acted in good
 faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Registrant
 and except that no indemnification shall be made in respect of any claim, issue or matter as to which
 such person shall have been adjudged to be liable to the Registrant unless and only to the extent that
 the Court of Chancery or the court in which such action or suit was brought shall determine upon application
 that, despite the adjudication of liability but in view of all the circumstances of the case, such person
 is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such
 other court shall deem proper. Notwithstanding the foregoing, the Registrant is not required to indemnify
 any director or officer of the Registrant in connection with a proceeding (or portion thereof) initiated
 by such director or officer against the Registrant or any directors, officers or employees thereof unless
 (i) the initiation of such proceeding (or portion thereof) was authorized by the Board of Directors
 of the Registrant or (ii) notwithstanding the lack of such authorization, the person seeking indemnification
 is successful on the merits. The By-Laws further provide that the indemnification provided therein shall
 not be deemed exclusive of any other rights to which those seeking indemnification may be entitled.
Section
 145 of the General Corporation Law of the State of Delaware authorizes indemnification by the Registrant
 of directors and officers under the circumstances provided in the provisions of the By-Laws described
 above, and requires such indemnification for expenses actually and reasonably incurred to the extent
 a director or officer is successful in the defense of any action, or any claim, issue or matter therein.
The
 Registrant has purchased insurance which purports to insure the Registrant against certain costs of
 indemnification which may be incurred by it pursuant to the By-Laws and to insure the officers and directors
 of the Registrant, and of its subsidiary companies, against certain liabilities incurred by them in
 the discharge of their functions as such officers and directors except for liabilities resulting from
 their own malfeasance.
Item 7. Exemptions from Registration Claimed.
Not Applicable.
Item 8. Exhibits.
The
 following is a list of Exhibits included as part of this Registration Statement. The Registrant agrees
 to furnish supplementally a copy of any omitted schedule to the SEC upon request. Items marked with
 an asterisk are filed herewith.
4.1
— Restated Certificate of Incorporation of the
Registrant, dated June 12, 1997, is hereby incorporated by
reference to Exhibit No. (3)a. to the Annual Report on Form
10-K of the Registrant for the year ended December 31, 1999.
4.2
— By-Laws of the Registrant, as amended April 24, 2003,
are hereby incorporated by reference to Exhibit No. (3)b. to the
Quarterly Report on Form 10-Q of the Registrant for the
quarter ended June 30, 2003.
4.3
— Rights Agreement dated as of June 21, 1988, as amended
and restated as of June 8, 1995, between the Registrant
and The First National Bank of Boston, as Rights Agent, is
hereby incorporated by reference to Exhibit No. 1 to the
Registration Statement on Form 8-A/A of the Registrant
filed with the SEC on June 13, 1995.
4.4
— Certificate of Adjustment, dated March 7, 1997, filed
by the Registrant with The First National Bank of Boston,
as Rights Agent, is hereby incorporated by reference to
Exhibit No. 2 to the Registration Statement on Form 8-A/A
of the Registrant filed with the SEC on March 17, 1997.
4.5*
— Kimberly-Clark Corporation 2001 Equity Participation Plan,
as amended effective January 1, 2004.
5*
— Opinion of Ronald D. Mc Cray.
23.1*
— Consent of Deloitte & Touche LLP.
23.2*
— Consent of Ronald D. Mc Cray is contained in his
opinion filed as Exhibit No. 5.
24*
— Powers of Attorney.
3
Item 9. Undertakings.
(a)       
 The undersigned Registrant hereby undertakes:
(1)       
 To file, during any period in which offers or sales are being made, a post-effective amendment to this
 registration statement:
(i)       
 To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933, as amended (the
 "Securities Act");
(ii)       
 To reflect in the prospectus any facts or events arising after the effective date of the registration
 statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate,
 represent a fundamental change in the information set forth in the registration statement. Notwithstanding
 the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of
 securities offered would not exceed that which was registered) and any deviation from the low or high
 end of the estimated maximum offering range may be reflected in the form of prospectus filed with the
 Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no
 more than a 20 percent change in the maximum aggregate offering price set forth in the "Calculation
 of Registration Fee" table in the effective registration statement; and
(iii)       
 To include any material information with respect to the plan of distribution not previously disclosed
 in the registration statement or any material change to such information in the registration statement;
provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the registration statement is on Form S-3, Form S-8 or Form F-3, and the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the SEC by the Registrant pursuant to Section 13 or 15(d) of the Exchange Act that are incorporated by reference in the registration statement.
(2)       
 That, for the purpose of determining any liability under the Securities Act, each such post-effective
 amendment shall be deemed to be a new registration statement relating to the securities offered therein,
 and the offering of such securities at that time shall be deemed to be the initial bona fide offering
 thereof.
(3)       
 To remove from registration by means of a post-effective amendment any of the securities being registered
 which remain unsold at the termination of the offering.
(b)
The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(c)
Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court
of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.
4
SIGNATURES
Pursuant
 to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has
 reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly
 caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized,
 in the City of Irving, State of Texas, on May 10, 2004.
KIMBERLY-CLARK CORPORATION
By:          /s/ THOMAS J. FALK
Thomas J. Falk
Chairman of the Board and
Chief Executive Officer
Pursuant
 to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been
 signed below by the following persons in the capacities and on the dates indicated.
/s/ THOMAS J. FALK
Thomas J. Falk
Chairman of the Board and
Chief Executive Officer
and Director (principal
executive officer)
May 10, 2004
/s/ MARK A. BUTHMAN
Mark A. Buthman
Senior Vice President and
Chief Financial Officer
(principal financial
officer)
May 10, 2004
/s/ RANDY J. VEST
Randy J. Vest
Vice President and
Controller (principal
accounting officer)
May 10, 2004
DIRECTORS
*
*
Dennis R. Beresford
Claudio X. Gonzalez
*
*
John F. Bergstrom
Mae C. Jemison
*
*
Pastora San Juan Cafferty
Linda Johnson Rice
*
*
Robert W. Decherd
Marc J. Shapiro
*
Thomas J. Falk
May 10, 2004
*By: /s/ RONALD D. MC CRAY
Ronald D. Mc Cray
Attorney-in-Fact
5
EXHIBIT INDEX
The
 following is a list of Exhibits included as part of this Registration Statement. Items marked with an
 asterisk are filed herewith.
No.
Description of Exhibit
4.1
— Restated Certificate of Incorporation of the
Registrant, dated June 12, 1997, is hereby incorporated by
reference to Exhibit No. (3)a. to the Annual Report on Form
10-K of the Registrant for the year ended December 31, 1999.
4.2
— By-Laws of the Registrant, as amended April 24, 2003,
are hereby incorporated by reference to Exhibit No. (3)b. to the
Quarterly Report on Form 10-Q of the Registrant for the
quarter ended June 30, 2003.
4.3
— Rights Agreement dated as of June 21, 1988, as amended
and restated as of June 8, 1995, between the Registrant
and The First National Bank of Boston, as Rights Agent, is
hereby incorporated by reference to Exhibit No. 1 to the
Registration Statement on Form 8-A/A of the Registrant
filed with the SEC on June 13, 1995.
4.4
— Certificate of Adjustment, dated March 7, 1997, filed
by the Registrant with The First National Bank of Boston,
as Rights Agent, is hereby incorporated by reference to
Exhibit No. 2 to the Registration Statement on Form 8-A/A
of the Registrant filed with the SEC on March 17, 1997.
4.5*
— Kimberly-Clark Corporation 2001 Equity Participation Plan,
as amended effective January 1, 2004.
5*
— Opinion of Ronald D. Mc Cray.
23.1*
— Consent of Deloitte & Touche LLP.
23.2*
— Consent of Ronald D. Mc Cray is contained in his
opinion filed as Exhibit No. 5.
24*
— Powers of Attorney.
6