44PS Cred Ag Co 26

RNS Number:5174J
Colgate-Palmolive Co
5 September 2001



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


Colgate Confirms Strong Outlook

NEW YORK, NEW YORK, September 5,2001.... Reuben Mark, Chairman and CEO of 
Colgate-Palmolive Company, reconfirmed external EPS growth expectations for 3rd 
Quarter and Full Year 2001.   Mr. Mark made the statement today during a 
presentation at the Prudential Securities Annual Back-to-School Consumer 
Conference. Further, he said that initial plans for 2002 also show very strong, 
good quality EPS growth, again at double-digit levels.

Mr. Mark said, "Our worldwide unit volume strength continues, along with 
improvement in gross profit margin. After-tax return on capital, which just 
reached a record 27%, should approach 30% next year."



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 8-K dated November 13, 
1998) 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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