PFIZER INC — Director's Dealing 2005

Mar 15, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PFIZER INC (PFE)
CIK: 0000078003
Period of Report: 2005-03-14

Reporting Person: CANGIALOSI LORETTA V (Vice President, Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-03-14	Common Stock	M	10740	$8.17	Acquired	122127	Direct
2005-03-14	Common Stock	F	3321	$26.43	Disposed	118806	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-03-14	Employee Stock Option (right to buy)	$8.17	M	10740	Disposed	2005-08-23	Common Stock (10740)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6039	Indirect

Footnotes

F1: The option became exercisable in 5 equal annual installments beginning on August 24, 1996.