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: MONTOYA JORGE P (Pres. Global Food-Bev and LA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-09-15	Common Stock	A	7739.0000	—	Acquired	73577.0000	Direct
2003-09-15	Common Stock	A	9745.0000	—	Acquired	83322.0000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	24107.6575	Indirect
Common Stock	77558.0000	Indirect

Footnotes

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

F2: Revocable Trust for the benefit of various persons and entities.