PROCTER & GAMBLE Co — Director's Dealing 2005

Aug 15, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROCTER & GAMBLE CO (PG)
CIK: 0000080424
Period of Report: 2005-08-11

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-11	Common Stock	M	10000.0000	$29.8768	Acquired	86312.0000	Direct
2005-08-11	Common Stock	S	300.0000	$53.72	Disposed	86012.0000	Direct
2005-08-11	Common Stock	S	200.0000	$53.71	Disposed	85812.0000	Direct
2005-08-11	Common Stock	S	9500.0000	$53.66	Disposed	76312.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-08-11	Stock Option (right to buy)	$29.8768	M	10000.0000	Disposed	2007-02-28	Common Stock (10000.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	72723.5327	Indirect
Common Stock	2100.0000	Indirect

Footnotes

F1: By daughter, Shannon, as beneficiary of Trust.

F2: Shares adjusted for 2-for-1 stock splits on 8/22/97 and 5/21/04.