COLGATE PALMOLIVE CO — Director's Dealing 2004

Sep 13, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2004-09-09

Reporting Person: BELASCO STEVEN R (VP - Taxation and Real Estate)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-09	Common Stock	A	2423	—	Acquired	65097	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-09	Stock Option (Right to Buy)	$54.40	A	22000	Disposed	2010-09-09	Common Stock (22000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	200	Indirect
Common Stock	10812	Indirect

Footnotes

F1: Annual restricted stock awards granted under the issuer's Executive Incentive Compensation Plan (one award for the current year guidelines and one award reflecting option share reductions in 2003.)

F2: Annual Stock Option granted under the issuer's employee 1997 Stock Option Plan.

F3: Option becomes exercisable in one-third increments on each anniversary date, with the first third becoming exercisable on the date shown in this column.