COLGATE PALMOLIVE CO — Director's Dealing 2007

Feb 6, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2007-02-02

Reporting Person: JOHNSON DAVID WILLIS (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-02	Common Stock	A	1950	—	Acquired	60579	Direct
2007-02-02	Common Stock	S	8000	$67.837	Disposed	52579	Direct
2007-02-02	Cmmon Stock	M	4000	$43.25	Acquired	56579	Direct
2007-02-02	Common Stock	M	4000	$54.75	Acquired	60579	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-02	Stock Option (Right to Buy)	$43.25	M	4000	Disposed	2009-02-17	Common Stock (4000)	Direct
2007-02-02	Stock Option (Right to Buy)	$54.75	M	4000	Disposed	2010-02-17	Common Stock (4000)	Direct

Footnotes

F1: Annual stock grant under the 2007 Stock Plan for Non-Employee Directors.

F2: Exercise of stock options awarded under the Issuer's Non-Employee Director Stock Option Plan.