X0303 4 2010-05-03 0 0000008868 AVON PRODUCTS INC AVP 0001051401 JUNG ANDREA AVON PRODUCTS, INC. 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105-0196 1 1 0 0 Chairman and CEO Common Stock 2010-05-03 4 M 0 243013 20.91 A 508242 D Common Stock 2010-05-03 4 S 0 243013 32.01 D 265229 D Common Stock 6019.08 I By 401(k) Plan Common Stock 136057 I By grantor trust Stock Option (Right to Buy) 20.91 2010-05-03 4 M 0 243013 0 D 2011-01-31 Common Stock 243013 0 D The exercise of the stock options and the sale of the shares of common stock covered by this Form 4 were effected pursuant to a trading plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, that was adopted by the reporting person on August 21, 2009. The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $31.63 - $32.51. Upon the request of the staff of the Securities and Exchange Commission, Avon Products, Inc., or a security holder of Avon Products, Inc., full information will be provided regarding the number of shares sold at each separate price. Includes 100,000 shares held by the Andrea Jung 2009 GRAT dated May 18, 2009 and 36,057 held by the Andrea Jung 2008 GRAT dated May 30, 2008. The reporting person is the grantor and trustee of these trusts. This option vested in three equal annual installments beginning on 2/1/2002. By Kim K.W. Rucker, Attorney-In-Fact 2010-05-05