COLGATE PALMOLIVE CO — Director's Dealing 2007

Aug 10, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2007-08-08

Reporting Person: COOK IAN M (President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-08	Common Stock	M	11751	$56.8125	Acquired	251376	Direct
2007-08-08	Common Stock	F	670	$68.36	Disposed	250706	Direct
2007-08-08	Common Stock	F	9766	$68.36	Disposed	240940	Direct
2007-08-08	Common Stock	M	1445	$57.685	Acquired	242385	Direct
2007-08-08	Common Stock	F	76	$68.36	Disposed	242309	Direct
2007-08-08	Common Stock	F	1220	$68.36	Disposed	241089	Direct
2007-08-08	Common Stock	M	10797	$59.75	Acquired	251886	Direct
2007-08-08	Common Stock	F	459	$68.36	Disposed	251427	Direct
2007-08-08	Common Stock	F	9437	$68.36	Disposed	241990	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-08	Stock Option (Right to Buy)	$56.8125	M	11751	Disposed	2007-09-11	Common Stock (11751)	Direct
2007-08-08	Stock Option (Right to Buy)	$57.685	M	1445	Disposed	2007-09-11	Common Stock (1445)	Direct
2007-08-08	Stock Option (Right to Buy)	$59.75	M	10797	Disposed	2007-09-11	Common Stock (10797)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11709	Indirect

Footnotes

F1: Exercise of expiring 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 2,365 shares.