New York, New York, November 5, 2001... Colgate-Palmolive Company (NYSE:CL) will host a live audio webcast of a presentation by Mr. Ian Cook, President-Colgate North America at Morgan Stanley’s Global Consumer Conference on Wednesday, November 7, 2001 at 8:00 a.m. EST. This live audio webcast is open to the general public and may be accessed through Colgate’s internet site at www.colgate-palmolive.com. A replay of the webcast will be archived on the Colgate site for 5 days.

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, Speed Stick, Irish Spring, Protex, Sorriso, Kolynos, Ajax, Axion, Soupline, Suavitel, Fab, as well as Hill’s Science Diet and Hill’s Prescription Diet pet foods.

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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 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.