Lafley Tells Shareholders That 'P&G is Designe... (se leadership in company history. About...)

Lafley Tells Shareholders That 'P&G is Designed to Grow'

Date:10/9/2007

se leadership in company history. About one-third of the

top leaders are from outside the U.S., representing a dozen countries

and nationalities. Also, nearly 40 percent of P&G's managers are women

and they are at every level of the company.

Celebrating 170 Years of Growth

Lafley closed the meeting by telling shareholders that P&G is celebrating its 170th anniversary later this month. There are only three other companies among the FORTUNE 50 that have been in business as long as P&G. "It's a pretty remarkable track record," said Lafley. "The one factor above all others that has contributed to our company's long heritage of growth is the power of P&G's purpose -- to improve the lives of the world's consumers. It is this focus that will drive our growth for the next 170 years and beyond."

About Procter & Gamble

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), Gain(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 138,000 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.

Forward Looking Statements

All statements, other than statements of historical fact included in this release, are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on financial data, market assumptions and business plans available only as of the time the statements are made, which may become out of date or incomplete. We assume no
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