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RNS Number:5391Y
Colgate-Palmolive Co
11 July 2002

                                                      Bina Thompson 212-310-3072

                                                       Hope Spiller 212-310-2291



FOR IMMEDIATE RELEASE...

COLGATE DECLARES REGULAR QUARTERLY DIVIDENDS

NEW YORK, NEW YORK, July 11, 2002.... 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.
                                                              Payment             To Shareholders
                                              Rate              Date              of Record as of

Common Stock                              $ .1800             08/15/02                07/26/02

$4.25 Preferred Stock                     $1.0625             09/30/02                09/17/02

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.colgate.com

Shareholder Direct: 1-800-850-2654

E-mail: Investor_Relations@colpal.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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