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PROCTER & GAMBLE Co Director's Dealing 2007

Mar 1, 2007

29757_dirs_2007-03-01_49103b5a-c7a0-4a9b-9ce5-6a0a0b010819.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROCTER & GAMBLE CO (PG)
CIK: 0000080424
Period of Report: 2007-02-28

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

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-09-30 Series A Preferred Stock $0 A 316.7027 Acquired Common Stock (316.7027) Indirect
2006-12-31 Series A Preferred Stock $0 A 0.3992 Acquired Common Stock (0.3992) Indirect
2007-02-28 Stock Option (right to buy) $63.490 A 42527.0000 Acquired 2017-02-28 Common Stock (42527.0000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 30932.1010 Direct
Common Stock 68.0000 Indirect
Common Stock 3703.8160 Indirect
Common Stock 68.0000 Indirect
Common Stock 68.0000 Indirect
Common Stock 68.0000 Indirect
Common Stock 2000.0000 Indirect

Footnotes

F1: Total includes grant of dividend equivalents in the form of RSUs on 11/15/2006 and 2/15/07, pursuant to Issuer's 2001 Stock and I
ncentive Compensation Plan.

F2: Mariano Martin custodian for Sandra Martin Chocano under the Uniform Gift to Minors Act (UGMA).

F3: Balance as of 12/31/2006.

F4: Mariano Martin custodian for Ignacio Martin Chocano (UGMA).

F5: Mariano Martin custodian for Jaime Martin Chocano (UGMA).

F6: Mariano Martin custodian for Javier Martin Chocano (UGMA).

F7: The Mariano Martin Revocable Living Trust.

F8: Higher of $6.82 (adjusted for 2-for-1 stock split effective May 21, 2004) or market price of Common Stock.

F9: Series A Preferred Stock allocated to officer's Retirement Plan Account pursuant to formula award provision for the period 7/1/06
through 9/30/06.

F10: 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.

F11: Series A Preferred Stock allocated to officer's Retirement Plan account pursuant to Retirement Plan provisions.

F12: Series A Preferred Stock allocated to officer's Retirement Plan Account pursuant to formula award provision for the period 10/1/
06 through 12/31/06.