COLGATE PALMOLIVE CO — Director's Dealing 2008

Sep 15, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2008-09-11

Reporting Person: Skala Justin (Pres. Colgate Greater Asia)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-09-11	Stock Option (Right to Buy)	$79.52	A	25000	Acquired	2014-09-11	Common Stock (25000)	Direct

Footnotes

F1: Annual Stock Option granted under the issuer's 2005 Employee Stock Option Plan.

F2: Option becomes exercisable in one-third increments on each anniversary date, with the first third becoming exercisable on the date shown in this column.