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<SEC-DOCUMENT>0000080424-07-000156.txt : 20070813
<SEC-HEADER>0000080424-07-000156.hdr.sgml : 20070813
<ACCEPTANCE-DATETIME>20070813171154
ACCESSION NUMBER:		0000080424-07-000156
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070810
FILED AS OF DATE:		20070813
DATE AS OF CHANGE:		20070813

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PROCTER & GAMBLE CO
		CENTRAL INDEX KEY:			0000080424
		STANDARD INDUSTRIAL CLASSIFICATION:	SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840]
		IRS NUMBER:				310411980
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		ONE PROCTER & GAMBLE PLZ
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45202
		BUSINESS PHONE:		5139831100

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Steele Robert Allan
		CENTRAL INDEX KEY:			0001404402

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-00434
		FILM NUMBER:		071049941

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		513-983-1100

	MAIL ADDRESS:	
		STREET 1:		1 PROCTER & GAMBLE PLAZA
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45202
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
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        <issuerName>PROCTER &amp; GAMBLE CO</issuerName>
        <issuerTradingSymbol>PG</issuerTradingSymbol>
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            <rptOwnerName>Steele Robert Allan</rptOwnerName>
        </reportingOwnerId>
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            <rptOwnerStreet1>ONE PROCTER AND GAMBLE PLAZA</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>CINCINNATI</rptOwnerCity>
            <rptOwnerState>OH</rptOwnerState>
            <rptOwnerZipCode>45202</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Vice Chair-Global H and WB</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

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        </nonDerivativeHolding>
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                <value>2007-08-10</value>
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                <transactionFormType>4</transactionFormType>
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            <transactionAmounts>
                <transactionShares>
                    <value>29460.0000</value>
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                <transactionPricePerShare>
                    <value>45.9700</value>
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                    <value>D</value>
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            </transactionAmounts>
            <exerciseDate>
                <value>2006-09-15</value>
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                <value>2013-09-15</value>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <ownerSignature>
        <signatureName>Jason P. Muncy as Attorney-in-Fact for ROBERT A. STEELE</signatureName>
        <signatureDate>2007-08-13</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----