COLGATE PALMOLIVE CO — Director's Dealing 2007

Aug 9, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2007-08-07

Reporting Person: KOGAN RICHARD J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-07	Common Stock	M	4000	$43.25	Acquired	40574	Direct
2007-08-07	Common Stock	F	2515	$68.81	Disposed	38059	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-07	Stock Option (Right to Buy)	$43.25	M	4000	Disposed	2009-02-17	Common Stock (4000)	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 1485 shares.