THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Colgate-Palmolive Company (CL)

3/31/2006 Proxy Information

During part of 2005, the Board of Directors authorized the Company, in its discretion, to repurchase Common Stock from its employees from time to time at a price equal to the then fair market value of the Common Stock. These repurchases were approved by the Stock Repurchase Subcommittee of the P&O Committee, which was comprised of two independent directors (Jill K. Conway and Richard J. Kogan, then the Chair and Deputy Chair of the P&O Committee, respectively). While this program was in effect during 2005, the Company purchased the specified amounts of Common Stock from the following executive officers: William S. Shanahan (39,201 shares for $2,133,024); Lois D. Juliber (3,947 shares for $215,348); Andrew D. Hendry (10,000 shares for $545,600); Steven R. Belasco (10,000 shares for $521,700); Ronald T. Martin (3,087 shares for $161,960); and Philip A. Berry (1,630 shares for $80,033). These transactions were reported to the SEC on Forms 4 within two business days of the transaction date. Giving effect to these transactions, these executive officers continue to exceed the stock ownership guidelines established by the Board. This program is no longer in effect.

3/30/2005 Proxy Information

The Board of Directors has authorized the Company, in its discretion, to repurchase Common Stock from its employees from time to time at a price equal to the then fair market value of the Common Stock. These repurchases are approved by the Stock Repurchase Subcommittee of the P&O Committee, which is comprised of two independent directors (Jill K. Conway and Richard J. Kogan, the Chair and Deputy Chair of the P&O Committee, respectively). Since January 1, 2004, the Company has purchased the specified amounts of Common Stock from the following executive officers: William S. Shanahan (152,027 shares for $8,738,947); Lois D. Juliber (20,285 shares for $1,134,443); Javier G. Teruel (27,000 shares for $1,524,825); Andrew D. Hendry (15,000 shares for $837,900); Robert J. Joy (57,098 shares for $3,046,475); Dennis J. Hickey (40,000 shares for $2,265,000); Steven R. Belasco (25,000 shares for $1,334,225); Robert C. Wheeler (23,412 shares for $1,249,264); Ronald T. Martin (1,834 shares for $100,118); John J. Huston (5,500 shares for $305,085); Delia H. Thompson (2,778 shares for $144,289); and Edward J. Filusch (2,272 shares for $102,592). These transactions were reported to the SEC on Forms 4 within two business days of the transaction date. Giving effect to these transactions, these executive officers continue to exceed the stock ownership guidelines established by the Board.

In the ordinary course of business, General Re Corporation, its subsidiaries and its parent company, Berkshire Hathaway, Inc., make portfolio investments and may from time to time hold securities of the Company. Mr. Ferguson, a consultant to and the former Chairman and Chief Executive Officer of General Re Corporation, disclaims any beneficial ownership of these securities. In the ordinary course of business, the TIAA-CREF group of companies and funds may from time to time hold securities of the Company. Ms. Monrad, the Chief Financial Officer of TIAA-CREF, disclaims any beneficial ownership of these securities. Mrs. Hancock resigned as Chairman of the Board and Chief Executive Officer of Exodus Communications, Inc. on September 4, 2001. Exodus filed a voluntary petition under Chapter 11 of the federal bankruptcy laws on September 26, 2001. On September 9, 2003, Mr. Kogan and Schering-Plough Corporation, of which Mr. Kogan is the former Chairman and CEO, entered into a settlement with the SEC to resolve issues arising from the SEC's inquiry into certain meetings by the company with investors. Without admitting or denying any allegations of the SEC, Mr. Kogan agreed in connection with the settlement not to commit any future violations of Regulation FD and related securities laws.

3/31/2004 Proxy Information

The Board of Directors has authorized the Company, in its discretion, to repurchase Common Stock from its employees from time to time at a price equal to the then fair market value of the Common Stock. These repurchases are approved by the Stock Repurchase Subcommittee of the P&O Committee, which is comprised of two independent directors (Jill K. Conway and Richard J. Kogan, the Chair and Deputy Chair of the P&O Committee, respectively). Since January 1, 2003, the Company has purchased the specified amounts of Common Stock from the following of its directors and executive officers: David W. Johnson (2,600 shares for $138,775); William S. Shanahan (28,306 shares for $1,621,934); Lois D. Juliber (16,338 shares for $919,094); Javier G. Teruel (27,000 shares for $1,524,825); Stephen C. Patrick (5,008 shares for $256,034); Robert J. Joy (35,855 shares for $1,910,548); Dennis J. Hickey (20,000 shares for $1,102,500); Steven R. Belasco (25,000 shares for $1,356,500); Robert C. Wheeler (51,733 shares for $2,741,595); and John J. Huston (5,500 shares for $305,085). These types of transactions are reported to the SEC within two business days of the transaction date. Giving effect to these transactions, these directors and executive officers continue to exceed the stock ownership guidelines established by the Board.

3/27/2003 Proxy Information

No related party transactions or special relationships reported for this company. Director relationships marked "Outside Related" at this firm will most often be former executives of the company. Additional information regarding these relationships will be added during our regular updates.