PROCTER & GAMBLE Co — Director's Dealing 2007

Oct 11, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROCTER & GAMBLE CO (PG)
CIK: 0000080424
Period of Report: 2007-10-09

Reporting Person: SMITH JOHN F JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-09	Common Stock	A	1759.0000	—	Acquired	62505.2910	Direct
2007-10-10	Common Stock	M	2006.0000	$44.265600	Acquired	64511.2910	Direct
2007-10-10	Common Stock	M	4032.0000	$49.475900	Acquired	68543.2910	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-10-10	Stock Option (right to buy)	$44.265600	M	2006.0000	Disposed	2014-02-26	Common Stock (2006.0000)	Direct
2007-10-10	Stock Option (right to buy)	$49.475900	M	4032.0000	Disposed	2014-09-15	Common Stock (4032.0000)	Direct

Footnotes

F1: Shares received pursuant to the 2003 Non-Employee Directors' Stock Plan.

F2: Number of shares and option price have been adjusted for Jif/Crisco spin-off to the J.M. Smucker Co. on June 1, 2001 and subseque
nt 2-for-1 stock split on May 21, 2004.