COLGATE PALMOLIVE CO — Director's Dealing 2006

Aug 1, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2006-07-28

Reporting Person: WENTZ HOWARD B JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-07-28	Common Stock	M	4000	$59.75	Acquired	53732	Direct
2006-07-28	Comon Stock	M	777	$51.37	Acquired	54509	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-07-28	Stock Option (Right to Buy)	$59.75	M	4000	Disposed	2007-05-07	Common Stock (4000)	Direct
2006-07-28	Stock Option (Right to Buy)	$51.37	M	777	Disposed	2015-07-14	Common Stock (777)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	540	Indirect

Footnotes

F1: Exercise of stock options awarded under the issuer's Non-Employee Director Stock Option Plan.