PROCTER & GAMBLE Co — Director's Dealing 2007

Sep 19, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROCTER & GAMBLE CO (PG)
CIK: 0000080424
Period of Report: 2007-09-14

Reporting Person: Steele Robert Allan (Vice Chair-Global H and WB)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-09-14	Common Stock	A	7446.0000	$67.8100	Acquired	82867.6080	Direct
2007-09-15	Common Stock	F	870.0000	$67.40	Disposed	81997.6080	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-09-14	Stock Option (right to buy)	$67.8100	A	8667.0000	Acquired	2017-09-14	Common Stock (8667.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13799.9972	Indirect

Footnotes

F1: Restricted Stock Units awarded pursuant to Issuer's 2001 Stock and Incentive Compensation Plan.

F2: Shares withheld to cover taxes upon the vesting of RSUs granted on 9/16/04.

F3: Holdings as of 8/8/2007.

F4: Employee stock option granted under Issuer's 2001 Stock and Incentive Compensation Plan.