Dividend Declaration

RNS Number:5167L
Colgate-Palmolive Co
11 October 2001

CONTACT:
Bina Thompson    212-310-3072 
Hope Borkenstein 212-310-2291

             COLGATE DECLARES REGULAR QUARTERLY DIVIDENDS

NEW YORK, NEW YORK, October 11, 2001.... The Board of Directors of Colgate-
Palmolive Company declared quarterly cash dividends on the Company's common 
stock and $4.25 preferred stock. The Company has paid uninterrupted dividends on
its common stock since 1895.
 
                          Rate               Payment     To Shareholders
                                             Date        of Record as of
Common Stock              $ .1800            11/15/01    10/26/01
$4.25 Preferred Stock     $1.0625            12/28/01    12/17/01
     
           
           
 
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 Speed Stick, Irish Spring, Kolynos, Ajax, Soupline, Suavitel 
and Fab, as well as Hill's Science Diet and Hill's Prescription Diet pet foods.

The full text of Colgate releases is available:
Internet Address:   http://www.colgatepalmolive.com 
Shareholder Direct: 1-800-850-2654 
E-mail: [e-mail]