PROCTER & GAMBLE Co — Director's Dealing 2007

Nov 29, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROCTER & GAMBLE CO (PG)
CIK: 0000080424
Period of Report: 2007-11-28

Reporting Person: CLOYD G GILBERT (Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-28	Common Stock	S	3800.0000	$73.71	Disposed	239868.1370	Direct
2007-11-28	Common Stock	S	1901.0000	$73.70	Disposed	237967.1370	Direct
2007-11-28	Common Stock	S	9299.0000	$73.69	Disposed	228668.1370	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-09-30	Series A Preferred Stock	$0	A	300.4566	Acquired		Common Stock (300.4566)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	68121.2559	Indirect
Common Stock	1695.0000	Indirect

Footnotes

F1: Balance as of 9/30/2007.

F2: Higher of $6.82 (adjusted for 2-for-1 stock split effective May 21, 2004) or market price of Common Stock.

F3: Series A Preferred Stock allocated to officer's Retirement Plan Account pursuant to formula award provision for the period 7/1/07
through 9/30/07.

F4: Shares held by Retirement Plan Trustees. If officer terminates employment and elects distribution of shares, or, if after age 50 elects alternative investment within Plan, Preferred Stock converted/redeemed at specified conversion/exercise price.

F5: Series A Preferred Stock allocated to officer's Retirement Plan account pursuant to Retirement Plan provisions.