PROCTER & GAMBLE Co — Director's Dealing 2003

Sep 17, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROCTER & GAMBLE CO (PG)
CIK: 0000080424
Period of Report: 2003-09-15

Reporting Person: ANTOINE RICHARD L (Global Human Resources Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-09-15	Common Stock	A	6031.0000	—	Acquired	21640.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-09-15	Stock Option (right to buy)	$91.9400	A	22713.0000	Acquired	2013-09-15	Common Stock (22713.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	35097.7493	Indirect
Common Stock	1050.0000	Indirect

Footnotes

F1: Shares awarded pursuant to Issuer's 2001 Stock Plan.

F2: By daughter, Shannon, as beneficiary of Trust.

F3: Employee stock option granted under Issuer's 2001 Stock Plan.