COLGATE PALMOLIVE CO — Director's Dealing 2004

Feb 19, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2004-02-17

Reporting Person: MARTIN RONALD T (VP, Glob Bus Prac & Publ Aff)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-17	Common Stock	M	1600	$33.7344	Acquired	10056	Direct
2004-02-17	Common Stock	M	970	$37.6406	Acquired	11026	Direct
2004-02-17	Common Stock	S	2570	$55.25	Disposed	8456	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-17	Common Stock (Right to Buy)	$33.7344	M	1600	Disposed	2008-09-10	Common Stock (1600)	Direct
2004-02-17	Common Stock (Right to Buy)	$37.6406	M	970	Disposed	2004-09-07	Common Stock (970)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	991	Indirect

Footnotes

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

F2: Option became exercisable in one-third increments on each anniversary date, with the first third becoming exercisable on the date shown in this column.

F3: Option became exercisable six months from the grant date.