Colgate Reconfirms Estimates

RNS Number:0458X
Colgate-Palmolive Co
10 June 2002


                                                      Bina Thompson 212-310-3072

                                                   Hope Borkenstein 212-310-2291


FOR IMMEDIATE RELEASE...


                     Colgate Reconfirms Consensus Estimates

New York, New York, June 10, 2002.... In anticipation of upcoming investor
meetings, Colgate-Palmolive Company (NYSE: CL) announced this afternoon that
management reconfirms external estimates for 2nd Quarter and Full Year 2002
earnings per share. Reuben Mark, Chairman and CEO said, "We expect a good
quarter, with unit volume up nicely, solid upward movement in gross profit
margin and a global increase in advertising support."

                                     * * *

About Colgate-Palmolive: Colgate-Palmolive is a leading global consumer products
company, tightly focused on Oral Care, Personal Care, Household Surface Care,
Fabric Care and Pet Nutrition. Colgate sells its products in over 200 countries
and territories around the world under such internationally recognized brand
names as Colgate, Palmolive, Mennen, Softsoap, Irish Spring, Protex, Sorriso,
Kolynos, Ajax, Axion, Soupline, Suavitel and Fab, as well as Hill's Science Diet
and Hill's Prescription Diet pet foods. For more information about Colgate's
global business, visit the Company's web site on the Internet at
www.colgate-palmolive.com.

This press release (other than historical information) contains forward-looking
statements. Actual events or results may differ materially from those
statements. Investors should consult the Company's filings with the Securities
and Exchange Commission (including the Company's Form 10-K for the year ended
December 31, 2001 under the caption "Cautionary Statement on Forward-Looking
Statements") for information about factors that could cause such differences.
Copies of these filings may be obtained upon request from the Company's Investor
Relations Department.




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