COLGATE PALMOLIVE CO — Director's Dealing 2006

Apr 11, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2006-04-07

Reporting Person: BERRY PHILIP A (VP, Global Wrkplce Initiatives)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-04-07	Common Stock	M	1828	$48.8438	Acquired	16103	Direct
2006-04-07	Common Stock	F	106	$57.79	Disposed	15997	Direct
2006-04-07	Common Stock	F	1546	$57.79	Disposed	14451	Direct
2006-04-07	Common Stock	M	3194	$52.75	Acquired	17645	Direct
2006-04-07	Common Stock	F	105	$57.79	Disposed	17540	Direct
2006-04-07	Common Stock	F	2916	$57.79	Disposed	14624	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-04-07	Stock Option (Right to Buy)	$48.8438	M	1828	Disposed	2006-09-05	Common Stock (1828)	Direct
2006-04-07	Stock Option (Right to Buy)	$52.75	M	3194	Disposed	2006-09-05	Common Stock (3194)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2584	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: As a result of the reported transactions, the reporting person's Common Stock ownership has increased by 349 shares.