How to show some content only in the homepage not even in the pagination pages

Hi,

I wanted to add some static text and image content at my themes index.php to show only in the Homepage. But i found these content also displaying in pagination pages i.e. on; mysite.com/page/2/ mysite.com/page/3/ which i do not want to show..

simple code i use for this is:

<?php if ( is_front_page() && is_home() ) : ?>
    <div class="homeonlycontent"><p>Home page only content </p></div>
 <?php endif; ?>

after this code there is usual code to display the latest blog posts with pagination.

Is there any easy solution to achieve this ? i.e. showing some static content at the homepage ?

What should I do ?

Urgent help needed..