COLGATE PALMOLIVE CO — Director's Dealing 2006

Feb 14, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2006-02-10

Reporting Person: HANCOCK ELLEN M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-10	Common Stock	M	1018	$51.445	Acquired	60271	Direct
2006-02-10	Common Stock	F	970	$54.02	Disposed	59301	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-10	Stock Option (Right to Buy)	$51.455	M	1018	Disposed	2006-02-20	Common Stock (1018)	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: As a result of the reported transactions, the reporting person's Common Stock ownership has increased by 48 shares.