COLGATE PALMOLIVE CO — Director's Dealing 2007

May 2, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2007-04-30

Reporting Person: MOISON FRANCK J (Pres., Europe/So. Pacific Div.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-30	Common Stock	M	467	$53.3125	Acquired	78872	Direct
2007-04-30	Common Stock	F	368	$67.74	Disposed	78504	Direct
2007-05-01	Common Stock	S	44	$67.6863	Disposed	78460	Direct
2007-04-30	Common Stock	M	6377	$56.5313	Acquired	84837	Direct
2007-04-30	Common Stock	F	5322	$67.74	Disposed	79515	Direct
2007-05-01	Common Stock	S	462	$67.6863	Disposed	79053	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-04-30	Stock Option (Right to Buy)	$53.3125	M	467	Disposed	2007-09-11	Common Stock (467)	Direct
2007-04-30	Stock Option (Right to Buy)	$56.5313	M	6377	Disposed	2007-09-11	Common Stock (6377)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1189	Indirect

Footnotes

F1: Exercise of stock options awarded under the issuer's employee 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 employee stock option plan.

F3: Sale of shares (with proceeds delivered to the Company) for payment of tax liability 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 648 shares.