PROCTER & GAMBLE Co — Director's Dealing 2011

Nov 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROCTER & GAMBLE Co (PG)
CIK: 0000080424
Period of Report: 2011-11-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-08	Common Stock	M	15300	$34.5688	Acquired	37912.337	Direct
2011-11-08	Common Stock	S	18366	$63.8786	Disposed	19546.337	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-08	Stock Option (Right to Buy)	$34.5688	M	15300	Disposed	2016-09-24	Common Stock (15300)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9505.1502	Indirect
Common Stock	9.367	Indirect
Common Stock	9.367	Indirect

Footnotes

F1: Weighted average price of the shares sold. The price range was $63.872 to $63.88. Full information regarding the number of shares sold at each price is available upon request.

F2: Balance as of 9/30/11.