COLGATE PALMOLIVE CO — Director's Dealing 2004

Feb 12, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2004-02-10

Reporting Person: FERGUSON RONALD E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-10	Common Stock	M	1270	$50.6563	Acquired	94629	Direct
2004-02-10	Common Stock	F	1162	$55.375	Disposed	93467	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-10	Stock Option (Right to Buy)	$50.6563	M	1270	Disposed	2004-02-17	Common Stock (1270)	Direct

Footnotes

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

F3: Option became 100% exercisable six months from the option grant date.