X0202 4 2007-05-15 0 0000080424 PROCTER & GAMBLE CO PG 0001180784 LAFLEY ALAN G ONE PROCTER AND GAMBLE PLAZA CINCINNATI OH 45202 1 1 0 0 COB, Pres. and Chief Executive Common Stock 2007-05-15 4 F 0 174.0000 62.38 D 956416.4490 D Common Stock 45251.6945 I By Retirement Plan Trustees Common Stock 715.0960 I By son Common Stock 6158.0000 I By Trust Total includes grant of dividend equivalents in the form of RSUs on 5/15/07, pursuant to Issuer's 2001 Stock and Incentive Compen sation Plan. By A.G. Lafley Irrevocable Trust II U/A dated March 8, 1999, Margaret G. Lafley, trustee, for benefit of reporting person's wife and children. Jason P. Muncy as Attorney-In-Fact for ALAN G. LAFLEY 2007-05-17