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: MARTIN MARIANO (Global Cust. Bus. Dev. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-09-14	Common Stock	A	5382.0000	$67.8100	Acquired	37493.9940	Direct
2007-09-14	Common Stock	F	190.0000	$67.40	Disposed	37303.9940	Direct
2007-09-15	Common Stock	F	372.0000	$67.40	Disposed	36931.9940	Direct
2007-09-15	Common Stock	F	746.0000	$67.40	Disposed	36185.9940	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	10461.0000	Acquired	2017-09-14	Common Stock (10461.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	68.0000	Indirect
Common Stock	3725.7825	Indirect
Common Stock	68.0000	Indirect
Common Stock	68.0000	Indirect
Common Stock	68.0000	Indirect
Common Stock	2000.0000	Indirect

Footnotes

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: RSUs withheld to cover taxes upon lapse of forfeiture provisions for RSUs previously granted under the Issuer's 2001 Stock and In
centive Compensation Plan.

F5: Mariano Martin custodian for Sandra Martin Chocano under the Uniform Gift to Minors Act (UGMA).

F6: Balance as of 3/31/2007.

F7: Mariano Martin custodian for Ignacio Martin Chocano (UGMA).

F8: Mariano Martin custodian for Jaime Martin Chocano (UGMA).

F9: Mariano Martin custodian for Javier Martin Chocano (UGMA).

F10: The Mariano Martin Revocable Living Trust.

F11: Employee stock option granted under Issuer's 2001 Stock and Incentive Compensation Plan.