PROCTER & GAMBLE Co - Director's Dealing 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: Panayotopoulos Evriviades D (Vice Chairman - Global HC)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-09-14	Common Stock	A	9026.0000	$67.8100	Acquired	251756.5710	Direct
2007-09-14	Common Stock	F	219.0000	$67.40	Disposed	251537.5710	Direct
2007-09-15	Common Stock	F	8054.0000	$67.40	Disposed	243483.5710	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-09-14	Stock Option (right to buy)	$67.8100	A	45198.0000	Acquired	2017-09-14	Common Stock (45198.0000)	Direct

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

F2: RSUs withheld to cover the taxes on 9/14/2007 award of RSUs under the Issuer's 2001 Stock and Incentive Compensation Plan.

F3: Shares withheld to cover taxes upon the vesting of RSUs granted on 9/16/04.

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