COLGATE PALMOLIVE CO — Director's Dealing 2007

Nov 7, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2007-11-05

Reporting Person: CONWAY JILL K (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-05	Common Stock	M	1836	$57.75	Acquired	4750	Indirect
2007-11-05	Common Stock	M	1007	$52.66	Acquired	5757	Indirect
2007-11-05	Common Stock	F	2112	$75.37	Disposed	3645	Indirect
2007-11-06	Common Stock	S	100	$75.27	Disposed	3545	Indirect
2007-11-06	Common Stock	S	266	$75.26	Disposed	3279	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-05	Stock Option (Right to Buy)	$57.75	M	1836	Disposed	2008-02-17	Common Stock (1836)	Direct
2007-11-05	Stock Option (Right to Buy)	$52.66	M	1007	Disposed	2008-02-17	Common Stock (1007)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	29200	Direct

Footnotes

F1: Exercise of expiring stock options awarded under the issuer's Non-Employee Director Stock Option Plan, with option shares delivered to Jill K. Conway Trust.

F2: The exercise price of the options was satisfied by the Company's withholding shares otherwise deliverable upon exercise of the options.