PROCTER & GAMBLE Co — Director's Dealing 2005

Feb 3, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROCTER & GAMBLE CO (PG)
CIK: 0000080424
Period of Report: 2005-02-01

Reporting Person: LAFLEY ALAN G (Director, COB, Pres. and Chief Executive)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-08	Common Stock	G	982.0000	—	Disposed	493210.8620	Direct
2004-11-22	Common Stock	G	95.0000	—	Disposed	493115.8620	Direct
2004-12-17	Common Stock	G	30.0000	—	Disposed	493085.8620	Direct
2004-12-20	Common Stock	G	411.0000	—	Disposed	492674.8620	Direct
2004-12-29	Common Stock	G	18.0000	—	Disposed	492656.8620	Direct
2004-12-31	Common Stock	G	18.0000	—	Disposed	492638.8620	Direct
2005-02-01	Common Stock	S	1000.0000	$52.79	Disposed	491638.8620	Direct
2005-02-01	Common Stock	S	15000.0000	$52.78	Disposed	476638.8620	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	40612.4556	Indirect
Common Stock	715.0960	Indirect
Common Stock	6158.0000	Indirect

Footnotes

F1: This sale was made pursuant to a Sales Plan first entered into on November 25, 2002 and extended on February 2, 2004, that meets
the requirements of Rule 10b5-1(c).

F2: By A.G. Lafley Irrevocable Trust II U/A dated March 8, 1999, Margaret G. Lafley, trustee, for benefit of reporting person's wife
and children.