Procter & Gamble Declares Common Stock Dividend

CINCINNATI, Jan. 9, 2007 /PRNewswire-FirstCall/ -- The Procter & Gamble Company announced today that its Board of Directors declared a quarterly dividend of thirty-one cents ($0.31) per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the company, payable on or after Feb. 15, 2007 to shareholders of record at the close of business on Jan. 19, 2007.

The company has been paying dividends without interruption since incorporation in 1890.

About P&G

Three billion times a day, P&G brands touch the lives of people around the world. The company has one of the strongest portfolios of trusted, quality, leadership brands, including Pampers(R), Tide(R), Ariel(R), Always(R), Whisper(R), Pantene(R), Mach3(R), Bounty(R), Dawn(R), Pringles(R), Folgers(R), Charmin(R), Downy(R), Lenor(R), Iams(R), Crest(R), Oral-B(R), Actonel(R), Duracell(R), Olay(R), Head & Shoulders(R), Wella(R), Gillette(R), and Braun(R). The P&G community consists of over 135,000 employees working in over 80 countries worldwide. Please visit http://www.pg.com for the latest news and in-depth information about P&G and its brands.

The Procter & Gamble Company

CONTACT: Media: Doug Shelton, +1-513-983-7893, or Investor Relations:Chris Peterson, +1-513-983-2414, both of The Procter & Gamble Company

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