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    CINCINNATI, March 9, 2007 /PRNewswire-FirstCall/ -- The Procter &
 Gamble Company (NYSE:   PG) confirmed previously announced sales and earnings
 guidance for the January to March quarter of fiscal year 2006/07. The
 company continues to expect sales growth for the quarter of seven percent
 to nine percent, organic sales growth in line with previous guidance and
 diluted earnings per share of $0.72 to $0.74.
     In addition, P&G announced that the release date of final results for
 the January to March quarter is scheduled for May 1, 2007.
     Forward Looking Statements
     All statements, other than statements of historical fact included in
 this release, are forward-looking statements, as that term is defined in
 the Private Securities Litigation Reform Act of 1995. Such statements are
 based on financial data, market assumptions and business plans available
 only as of the time the statements are made, which may become out of date
 or incomplete. We assume no obligation to update any forward-looking
 statement as a result of new information, future events or other factors.
 Forward-looking statements are inherently uncertain, and investors must
 recognize that events could differ significantly from our expectations. In
 addition to the risks and uncertainties noted in this release, there are
 certain factors that could cause actual results to differ materially from
 those anticipated by some of the statements made. These include: (1) the
 ability to achieve business plans, including with respect to lower income
 consumers and growing existing sales and volume profitably despite high
 levels of competitive activity, especially with respect to the product
 categories and geographical markets (including developing markets) in which
 the Company has chosen to focus; (2) the ability to successfully execute,
 manage and integrate key acquisitions and mergers, including (i) the
 Domination and Profit Transfer Agreement with Wella, and (ii) the Company's
 merger with The Gillette Company, and to achieve the cost and growth
 synergies in accordance with the stated goals of these transactions; (3)
 the ability to manage and maintain key customer relationships; (4) the
 ability to maintain key manufacturing and supply sources (including sole
 supplier and plant manufacturing sources); (5) the ability to successfully
 manage regulatory, tax and legal matters (including product liability,
 patent, and intellectual property matters as well as those related to the
 integration of Gillette and its subsidiaries), and to resolve pending
 matters within current estimates; (6) the ability to successfully
 implement, achieve and sustain cost improvement plans in manufacturing and
 overhead areas, including the Company's outsourcing projects; (7) the
 ability to successfully manage currency (including currency issues in
 volatile countries), debt, interest rate and commodity cost exposures; (8)
 the ability to manage continued global political and/or economic
 uncertainty and disruptions, especially in the Company's significant
 geographical markets, as well as any political and/or economic uncertainty
 and disruptions due to terrorist activities; (9) the ability to
 successfully manage competitive factors, including prices, promotional
 incentives and trade terms for products; (10) the ability to obtain patents
 and respond to technological advances attained by competitors and patents
 granted to competitors; (11) the ability to successfully manage increases
 in the prices of raw materials used to make the Company's products; (12)
 the ability to stay close to consumers in an era of increased media
 fragmentation; and (13) the ability to stay on the leading edge of
 innovation. For additional information concerning factors that could cause
 actual results to materially differ from those projected herein, please
 refer to our most recent 10-K, 10-Q and 8-K reports.
     About P&G
     Three billion times a day, P&G brands touch the lives of people around
 the world. The company has one of the strongest portfolios of trusted,
 quality, leadership brands, including Pampers(R), Tide(R), Ariel(R),
 Always(R), Whisper(R), Pantene(R), Mach3(R), Bounty(R), Dawn(R),
 Pringles(R), Folgers(R), Charmin(R), Downy(R), Lenor(R), Iams(R), Crest(R),
 Oral-B(R), Actonel(R), Duracell(R), Olay(R), Head & Shoulders(R), Wella(R),
 Gillette(R), and Braun(R). The P&G community consists of over 135,000
 employees working in over 80 countries worldwide. Please visit
 http://www.pg.com for the latest news and in-depth information about P&G
 and its brands.
 
 

SOURCE The Procter & Gamble Company