PROCTER & GAMBLE Co — Director's Dealing 2006

May 26, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROCTER & GAMBLE CO (PG)
CIK: 0000080424
Period of Report: 2006-05-25

Reporting Person: ARNOLD SUSAN E (V-Chair-PG Beauty and Health)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-25	Common Stock	M	8864.00	$21.9407	Acquired	78504.58	Direct
2006-05-25	Common Stock	F	1896.00	$55.070	Disposed	76608.58	Direct
2006-05-25	Common Stock	M	22650.00	$29.8768	Acquired	99258.58	Direct
2006-05-25	Common Stock	F	3684.00	$55.070	Disposed	95574.58	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-05-25	Stock Option (right to buy)	$21.9407	M	8864.0000	Disposed	2006-07-10	Common Stock (8864.0000)	Direct
2006-05-25	Stock Option (right to buy)	$29.8768	M	22650.0000	Disposed	2007-02-28	Common Stock (22650.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10.00	Indirect
Common Stock	10.00	Indirect
Common Stock	21952.83	Indirect

Footnotes

F1: Total includes grant of dividends in the form of RSUs on November 15, 2005, February 15, 2006 and May 15, 2006.