COLGATE PALMOLIVE CO — Director's Dealing 2008

Feb 6, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2008-02-04

Reporting Person: McBride Seamus E (Exec VP Pres. No. Am. & W.C.E.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-04	Common Stock	M	3735	$55.555	Acquired	49352	Direct
2008-02-04	Common Stock	M	3265	$52.495	Acquired	52617	Direct
2008-02-04	Common Stock	M	4991	$58.055	Acquired	57608	Direct
2008-02-04	Common Stock	F	9999	$74.68	Disposed	47609	Direct
2008-02-05	Common Stock	S	304	$74.1919	Disposed	47305	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-02-04	Stock Option (Right to Buy)	$55.555	M	3735	Disposed	2008-02-05	Common Stock (3735)	Direct
2008-02-04	Stock Option (Right to Buy)	$52.495	M	3265	Disposed	2008-02-05	Common Stock (3265)	Direct
2008-02-04	Stock Option (Right to Buy)	$58.055	M	4991	Disposed	2008-02-05	Common Stock (4991)	Direct

Footnotes

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

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

F3: Sale of shares (with proceeds delivered to the Company) for payment of tax liability above minimum required statutory withholding (but not in excess of full applicable statutory tax rates) 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 1688 shares.