CLOROX CO /DE/ — Director's Dealing 2004

Nov 22, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLOROX CO /DE/ (CLX)
CIK: 0000021076
Period of Report: 2004-11-22

Reporting Person: HC INVESTMENTS INC (Former 10% owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-22	Common Stock, par value $1.00 per share	D	61386509	—	Disposed	0	Direct

Footnotes

F1: The disposition of shares that is the subject of this Form 4 occurred pursuant to the terms of the Share Exchange Agreement
entered into by The Clorox Company ("Clorox"), Henkel KGaA and HCI Investments, Inc. ("HCI") on October 6, 2004 (the "Share
Exchange Agreement"). The terms of the Share Exchange Agreement have been previously disclosed by HCI in Amendment No. 21,
filed on October 7, 2004, to its Schedule 13D. In exchange for the shares disposed as reported herein, HCI received the
stock of Splitco, Inc., a subsidiary of Clorox that held certain businesses of Clorox and other assets, including
approximately $2.1 billion in cash.