COLGATE PALMOLIVE CO — Director's Dealing 2008

Feb 11, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2008-02-07

Reporting Person: JOHNSON DAVID WILLIS (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-07	Common Stock	M	4000	$59.75	Acquired	66671	Direct
2008-02-07	Common Stock	M	4000	$55.725	Acquired	70671	Direct
2008-02-07	Common Stock	M	4000	$50.89	Acquired	74671	Direct
2008-02-07	Common Stock	M	4000	$55.415	Acquired	78671	Direct
2008-02-07	Common Stock	F	11732	$75.62	Disposed	66939	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-02-07	Stock Option (Right to Buy)	$59.75	M	4000	Disposed	2011-02-20	Common Stock (4000)	Direct
2008-02-07	Stock Option (Right to Buy)	$55.725	M	4000	Disposed	2012-02-19	Common Stock (4000)	Direct
2008-02-07	Stock Option (Right to Buy)	$50.89	M	4000	Disposed	2013-02-18	Common Stock (4000)	Direct
2008-02-07	Stock Option (Right to Buy)	$55.415	M	4000	Disposed	2014-02-17	Common Stock (4000)	Direct

Footnotes

F1: Exercise of stock options awarded under the issuer's Non-Employee Director Stock Option Plan.

F2: The exercise price of the options was satisfied by the Company's withholding shares otherwise deliverable upon exercise of the options.