News Release

DEERFIELD, Ill., November 21, 2002 -- Baxter International Inc. (NYSE: BAX) announced today that the company's board of directors elected John Moon, Baxter's chief information officer, a corporate vice president and corporate officer. Moon, 43, has held the position of chief information officer since May of 2000, prior to which he held a number of information technology leadership positions at Baxter and other health-care companies.

"John has been a key force in driving technological innovation at Baxter, which is critical to the company's long-term success. Under his leadership, Baxter has progressively leveraged technology to enhance operations, as well as the products and services we provide to our customers and patients," said Harry M. Jansen Kraemer, Jr., chairman and chief executive officer. "John also has been an active member in the broader information technology community, which enables him to bring a valuable outside-in perspective and to contribute to advancing information technology solutions for the entire health-care community."

Moon was named 2001 CIO of the year by the Chicago chapter of the Association of Information Technology Professionals. In addition, under Moon's leadership Baxter was recognized this year by Computerworld as one of the 100 Best Places to Work in Information Technology.
Moon joined Baxter in 1983 as a manager of distribution services. In 1986, he joined Caremark International, a division of Baxter at the time, where he served as vice president of corporate systems for Caremark, directing the information systems efforts during the 1992 spin-off of Caremark from Baxter Healthcare Corporation. He also served as vice president of information systems and technology for the company's Physician Service business. Moon rejoined Baxter in 1996 as vice president of information technology for Baxter's Renal business until being appointed as Baxter's chief information officer.

Moon holds a bachelor's degree in computer science and a master's degree in management information systems from Northern Illinois University. He serves on the board of directors for the Global Healthcare Exchange, an electronic trading exchange designed to improve efficiencies in the health-care supply chain. Moon also is a member of the American Medical Informatics Association, Association of Information Technology Professionals, College of Healthcare Information Management Executives, Pharmaceutical Information Systems Association and the Society of Information Management. He resides with his wife, Mary, and two daughters in Libertyville, Ill.

Baxter International Inc. (NYSE:BAX) is a global health care company that, through its subsidiaries, provides critical therapies for people with life-threatening conditions. Baxter's bioscience, medication delivery and renal products and services are used to treat patients with some of the most challenging medical conditions including cancer, hemophilia, immune deficiencies, infectious diseases, kidney disease and trauma.

FOR ADDITIONAL INFORMATION:

	Media Contacts: Tanya Tyska, 847-948-325