FWP
 

(PFIZER LOGO)
Filed Pursuant to Rule 433
Registration No. 333-100853
February 16, 2006
PRICING TERM SHEET
         
Issuer:
  Pfizer Inc.    
Ratings:
  Aaa / AAA / AAA    
Security Type:
  SEC Registered Global Notes due 2011   SEC Registered Global Notes due 2016
Offering Size:
  ¥60,000,000,000   ¥55,000,000,000
Trade Date:
  February 16, 2006   February 16, 2006
Settlement Date:
  February 22, 2006   February 22, 2006
Maturity Date:
  February 22, 2011   February 22, 2016
Reference JGB:
  JGB #226 1.8% due December 20, 2010   JGB #276 1.6% due December 20, 2015
JGB Yield:
  0.991% sa   1.548% sa
Re-offer Spread to JGB:
  + 22 bps   + 30 bps
Coupon:
  1.20%   1.80%
Issue Price:
  99.94%   99.56%
Redemption Price:
  100.00%   100.00%
Coupon Payment:
  Payable semi-annually in arrears on   Payable semi-annually in arrears on
 
  February 22 and August 22   February 22 and August 22
Day Count Basis:
  Actual / 365 (non-leap, equal semi-   Actual / 365 (non-leap, equal semi-
 
  annual payments)   annual payments)
Business Day:
  New York, Tokyo, London   New York, Tokyo, London
Business Day Convention:
  Following   Following
Listing:
  New York   New York
Minimum Denomination:
  ¥10,000,000   ¥10,000,000
Joint Bookrunners:
  Goldman Sachs International,   Mitsubishi UFJ Securities International
 
  Mitsubishi UFJ Securities International   plc, Nikko Citigroup
 
  plc    
Co-managers:
  Deutsche Bank   Barclays Capital
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.
Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526.