COLGATE PALMOLIVE CO — Director's Dealing 2006

Feb 22, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2006-02-17

Reporting Person: WENTZ HOWARD B JR (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-17	Stock Option (Right to Buy)	$54.70	A	4000	Acquired	2016-02-17	Common Stock (4000)	Direct

Footnotes

F1: Annual Stock Option granted under the 2005 Colgate-Palmolive Company Non-Employee Director Stock Option Plan.

F2: Option becomes exercisable in one-third increments on each anniversary date, with the first third becoming exercisable on the date shown in this column.