PFIZER INC — Director's Dealing 2006

May 2, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PFIZER INC (PFE)
CIK: 0000078003
Period of Report: 2006-04-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-02	Common Stock	S	5416	$25.14	Disposed	154179.00	Direct
2006-05-02	Common Stock	S	5000	$25.12	Disposed	149179.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-04-28	Phantom Stock Units SSP	$	A	97	Acquired		Common Stock (97.00)	Direct
2006-05-01	Phantom Stock Units SSP	$	I	7348	Disposed		Common Stock (7348.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6771.00	Indirect

Footnotes

F1: Each unit represents one phantom share of common stock.

F2: These units, which were acquired pursuant to the Pfizer Inc. Nonfunded Deferred Compensation and Supplemental Savings Plan, are settled in cash following the reporting person's separation from service and, subject to certain conditions, may be transferred by the reporting person into an alternative investment account at any time.