COLGATE PALMOLIVE CO — Director's Dealing 2003

Nov 5, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2003-11-04

Reporting Person: MARK REUBEN (Director, Chairman of the Board and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-04	Common Stock	J	108513	—	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	126815	Indirect
Common Stock	5865582	Direct

Footnotes

F1: The reporting person disposed of his interests in three LLCs that hold 108,513 shares of issuer stock and other property, in conjunction with estate planning. The per share market value of the stock on the date of the transaction was $53.375. The disposition was made to three trusts, established by the reporting person for the benefit of his three adult children and their descendants. In return, the trusts delivered to the reporting person promissory notes in the aggregate principal amount of $6,769,247 that are secured by the interests in the LLCs transferred by the reporting person to the trusts. The reporting person has no pecuniary interest in the issuer shares held by the LLCs, but continues to be one of the three members of each Board of Managers of each of the LLCs.