2nd Qtr Estimates Reconfirmed

RNS Number:5807V
Colgate-Palmolive Co
7 May 2002
                                          Contact: Bina Thompson    212-310-3072
                                                   Hope Borkenstein 212-310-2291

Colgate-Palmolive Company Reconfirms External Earnings Expectations in
Conjunction with the 2002 Goldman Sachs Global Consumer Products Conference



NEW YORK, May 7, 2002, Colgate-Palmolive Chairman and CEO Reuben Mark will
present on Thursday, May 9, at the 2002 Goldman Sachs Global Consumer Products
Conference.

In conjunction with Thursday's presentation, Colgate-Palmolive today reconfirms
external estimates for second quarter and year 2002 earnings. Mr. Mark is
expected to discuss the Company's performance and why strong good quality growth
will continue.

Investors may access a live webcast of this presentation on Colgate's internet
site at www.colgate.com on Thursday, May 9, at 12:20 p.m. EDT.

                                     * * *

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
http://www.colgatepalmolive.com.

This press release and the subject presentation (other than historical
information) may contain 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.

The full text of Colgate releases is available:
Internet Address: http://www.colgate.com
Shareholder Direct: 1-800-850-2654
E-mail: Investor_Relations@colpal.com
 


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