PROCTER & GAMBLE Co — Director's Dealing 2003

Nov 6, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROCTER & GAMBLE CO (PG)
CIK: 0000080424
Period of Report: 2003-11-04

Reporting Person: CLARK R KERRY (Director, Vice COB and Pres. MD Bus)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-04	Common Stock	S	10433.0000	$97.481	Disposed	47584.0000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4109.1115	Indirect
Common Stock	537.0000	Indirect
Common Stock	490.0000	Indirect
Common Stock	490.0000	Indirect

Footnotes

F1: By Norah J. Clark as Custodian for daughter, Alissa.

F2: By Norah J. Clark as Custodian for daughter, Heather.