Unit volumeincreased 2

Unit volumeincreased 2.0% with 3.0% higher pricing and 2.0% negative foreign exchange.Organic sales grew 5.0% during the quarter. To access this call as a webcast, please go to Colgate`sweb site at http:// The following are comments about divisional performance. See attached GeographicSales Analysis and Segment Information schedules for additional information ondivisional sales and operating profit. ET today, Colgate will host a conference call to elaborate onfirst quarter results.

While the reclassification had noimpact on Net income or earnings per common share, it did impact the previouslyreported Operating profit and effective tax rate. Refer to Table 2 for areconciliation to previously reported 2008 amounts At 11:00 a.m. As a result of the adoption,certain prior period amounts were reclassified within the Condensed ConsolidatedStatements of Income and Balance Sheets. Overall, we are comfortable with external profit expectationsfor both the second quarter and the year." As required, the Company adopted Financial Accounting Standards Board StatementNo. 160, "Noncontrolling Interests in Consolidated Financial Statements - AnAmendment of ARB no 51", on January 1, 2009. This, coupled with the higherpricing and our ongoing aggressive savings programs, should offset the expectedimpact of the stronger dollar on raw and packaging material costs, indicatingthat gross profit margin should increase as the year progresses and be up atleast at the high end of our targeted range of 75 to 125 basis points for thefull year 2009. "The benefits of recently easing commodity and oil prices have begun to flowthrough and should build as the year goes on.

We expect our strong organic salesgrowth to continue, driven by both positive volume and higher pricing. Cook concluded, "Looking ahead, we have a very full new product pipeline forthe balance of the year, which should contribute to positive unit volume growthin the second quarter and for the full year. Colgate maintained its global leadershipshare in toothpaste of 44.4% and strengthened its global leadership in manualtoothbrushes with its global market share in that category reaching a record30.8% year to date." Mr. "Value-added new products at various price points across categories continue todrive market share gains worldwide.