PFIZER INC — Director's Dealing 2006

Nov 8, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PFIZER INC (PFE)
CIK: 0000078003
Period of Report: 2006-11-07

Reporting Person: STEERE WILLIAM C JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-07	Common Stock	M	894552	$18.35	Acquired	2684640.00	Direct
2006-11-07	Common Stock	S	894552	$27.21	Disposed	1790088.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-11-07	Employee Stock Option (right to buy)	$18.35	M	894552	Disposed	2007-08-27	Common Stock (894552.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14808.00	Indirect

Footnotes

F1: I hereby disclaim beneficial ownership of all shares held by members of my family directly or through trusts.

F2: The option became exercisable in 5 equal annual installments beginning on August 28,1998.