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COLGATE PALMOLIVE CO Director's Dealing 2008

Sep 10, 2008

29956_dirs_2008-09-10_15f24f06-eeed-4c15-b20a-b105589d5d5e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2008-09-08

Reporting Person: de Guillenchmidt Alec (Pres. Colgate Europe & So.Pac.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-09-09	Common Stock	S	274	$79.1369	Disposed	31228	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	138	Indirect

Footnotes

F1: Sale of shares (with proceeds delivered to the Company) for payment of tax liability resulting from vesting of award of restricted shares under the Company's stockholder-approved Executive Incentive Compensation Plan. The overall net effect of the vesting of restricted shares, after the sale of shares to pay income taxes associated with such vesting reported on this Form, was to increase Mr. de Guillenchmidt's non-restricted holdings (i.e., shares held outright) of Colgate common stock.