COLGATE PALMOLIVE CO — Director's Dealing 2006

Feb 6, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: WENTZ HOWARD B JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-02	Common Stock	M	4000	$54.75	Acquired	37732	Direct
2006-02-02	Common Stock	M	4000	$55.725	Acquired	41732	Direct
2006-02-02	Common Stock	M	4000	$50.89	Acquired	45732	Direct
2006-02-02	Common Stock	M	4000	$55.415	Acquired	49732	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-02	Stock Option (Right to Buy)	$54.75	M	4000	Disposed	2007-05-07	Common Stock (4000)	Direct
2006-02-02	Stock Option (Right to Buy)	$55.725	M	4000	Disposed	2007-05-07	Common Stock (4000)	Direct
2006-02-02	Stock Option (Right to Buy)	$50.89	M	4000	Disposed	2007-05-07	Common Stock (4000)	Direct
2006-02-02	Stock Option (Right to Buy)	$55.415	M	4000	Disposed	2007-05-07	Common Stock (4000)	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.