COLGATE PALMOLIVE CO — Director's Dealing 2005

Feb 4, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2005-02-02

Reporting Person: FERGUSON RONALD E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-02-02	Common Stock	M	1230	$50.6563	Acquired	72162	Direct
2005-02-02	Common Stock	F	1158	$53.82	Disposed	71004	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-02-02	Stock Option (Right to Buy)	$50.6563	M	1230	Disposed	2005-02-17	Common Stock (1230)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	27255	Indirect

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: As a result of the reported transactions, the reporting person's Common Stock ownership has increased by 72 shares.