COLGATE PALMOLIVE CO — Director's Dealing 2004

Feb 20, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2004-02-18

Reporting Person: TOBEN EDMUND D (Chief Information Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-18	Common Stock	M	5022	$49.4688	Acquired	38792	Direct
2004-02-18	Common Stock	F	190	$55.47	Disposed	38602	Direct
2004-02-18	Common Stock	F	4479	$55.47	Disposed	34123	Direct
2004-02-18	Common Stock	M	3012	$42.2344	Acquired	37135	Direct
2004-02-18	Common Stock	F	293	$55.47	Disposed	36842	Direct
2004-02-18	Common Stock	F	2294	$55.47	Disposed	34548	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-18	Stock Option (Right to Buy)	$49.4688	M	5022	Disposed	2004-09-07	Common Stock (5022)	Direct
2004-02-18	Stock Option (Right to Buy)	$42.2344	M	3012	Disposed	2004-09-07	Common Stock (3012)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4918	Indirect
Common Stock	1248	Indirect

Footnotes

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

F2: 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.

F3: 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.

F4: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F5: Option became exercisable six months from grant date.