COLGATE PALMOLIVE CO — Director's Dealing 2004

May 6, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2004-05-05

Reporting Person: HENDRY ANDREW D (Sr VP, Gen Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-05-05	Common Stock	M	9237	$57.75	Acquired	178680	Direct
2004-05-05	Common Stock	F	9125	$58.46	Disposed	169555	Direct
2004-05-05	Common Stock	F	44	$58.46	Disposed	169511	Direct
2004-05-05	Common Stock	M	18041	$57.75	Acquired	187552	Direct
2004-05-05	Common Stock	F	17822	$58.46	Disposed	169730	Direct
2004-05-05	Common Stock	F	86	$58.46	Disposed	169644	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-05-05	Stock Option (Right to Buy)	$57.75	M	9237	Disposed	2004-09-07	Common Stock (9237)	Direct
2004-05-05	Stock Option (Right to Buy)	$57.75	M	18041	Disposed	2004-09-07	Common Stock (18041)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3325	Indirect
Common Stock	3589	Indirect

Footnotes

F1: Exercise of stock options awarded under the issuer's employee stock option plan.

F2: Payment of exercise price of stock option by delivering or withholding shares of stock incident to the exercise of the option under the issuer's employee stock option plan.

F3: Payment of tax liability by delivering or withholding shares of stock incident to the exercise of the option under the issuer's employee stock option plan.