PROCTER & GAMBLE Co — Director's Dealing 2009

Feb 4, 2009

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: PROCTER & GAMBLE CO (PG)
CIK: 0000080424
Period of Report: 2009-02-01

Reporting Person: Fregolle Robert L. JR. (Global Cust. Bus. Dev. Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6240.882	Direct
Common Stock	20595.0394	Indirect
Common Stock	9.367	Indirect
Common Stock	9.367	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series A Preferred Stock	$		Common Stock (10506.0573)		Indirect
Stock Option (Right to Buy)	$49.4759	2014-09-15	Common Stock (11192)		Direct
Stock Option (Right to Buy)	$27.4459	2015-07-10	Common Stock (8670)		Direct
Stock Option (Right to Buy)	$31.0118	2015-09-15	Common Stock (6452)		Direct
Stock Option (Right to Buy)	$31.0118	2015-09-15	Common Stock (31934)		Direct
Stock Option (Right to Buy)	$34.5688	2016-09-24	Common Stock (29780)		Direct
Stock Option (Right to Buy)	$45.6625	2012-09-13	Common Stock (23466)		Direct
Stock Option (Right to Buy)	$51.415	2014-02-27	Common Stock (37776)		Direct
Stock Option (Right to Buy)	$53.595	2015-02-28	Common Stock (31428)		Direct
Stock Option (Right to Buy)	$60.50	2016-02-28	Common Stock (34821)		Direct
Stock Option (Right to Buy)	$63.49	2017-02-28	Common Stock (38421)		Direct
Stock Option (Right to Buy)	$66.18	2018-02-28	Common Stock (41626)		Direct

Footnotes

F1: Shares held by Retirement Plan Trustees. If employee 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.

F2: Series A Preferred Stock allocated to officer's Retirement Plan account pursuant to Retirement Plan provisions.