Colgate Q1 net sales up 13%, net profit up 69%

MUMBAI, July 27 , 2007: Colgate-Palmolive (India) Limited today reported net sales of Rs. 350.7 Crore for the quarter ended June 30, 2007, a 13% increase over the same quarter previous year. Net profit for the quarter is Rs.60.9 Crore, an increase of 69% over the same quarter of the previous year.

DRIVING GROWTH

During the quarter, the Company achieved a strong 9% volume increase over the previous year same quarter, led by a 10% growth in its core toothpaste category.

The Company's most recent launches in the toothpaste category including - "Colgate Active Salt" and "Colgate Max Fresh" have received encouraging consumer response and have achieved a 5% market share. In addition to growth from the new variants, the flagship brand "Colgate Dental Cream" and the economy offering "Colgate Cibaca" have registered consistent volume growth resulting in the Company's market share increasing by 0.9% to 49.2% during Jan-May 2007.

In the toothbrush category, the Company re-launched "Colgate Motion" with the advanced technology of two round heads that oscillate in opposite directions. Colgate Motion not only provides complete convenience and control but also effectively cleans all areas of the mouth and removes plaque. Led by the re-launches of "Colgate Motion" and "Colgate Super Flexible" and the launch of "Colgate 360º", the toothbrush category has continued its growth momentum with a volume increase of 6%. During the period Jan-May 2007, the Company's market share has increased by 0.9% over the same period last year to 35.4%.

In the Personal Care category, the Company has launched the "Palmolive Thermal Spa" range of body washes in two new variants "� "Palmolive Thermal Spa Firming" and "Palmolive Thermal Spa Massage" "� aimed at providing

consumers the sensations of a spa massage in their homes.

During the quarter, "Colgate" was ranked #1 as India's "Most Trusted Brand" across all categories for an unprecedented 4th consecutive year from 2003 to 2006, by Brand Equity's Most Trusted Brand Survey.

FUNDING GROWTH

The Company's continuing efforts and focussed programs to enhance efficiencies and reduce costs continue to yield strong, positive results and fund investments in strengthening brand equity and the business. The benefits and incentives available from higher production at the new state-of-the-art toothpaste plant at Baddi has reduced the effective income tax rate and contributed to the higher Earnings Per Share and Net Profit for the quarter, which increased by an impressive 69% to Rs.4.48 and Rs.60.9 Crore respectively.

Colgate-Palmolive (India) Limited is India's leading provider of scientifically proven oral care products with multiple benefits at various price points. The range includes toothpastes, toothpowder and toothbrushes under the "Colgate" brand, as well as a specialised range of dental therapies under the banner of Colgate Oral Pharmaceuticals. These have become an essential part of daily oral hygiene and therapeutic oral care in India. The Company also provides a range of personal care products under the 'Palmolive' brand name. Colgate has been ranked as India's Most Trusted Brand across all categories for four consecutive years from 2003 to 2006 by Brand Equity's Most Trusted Brand Survey. Prior to this, Colgate was also rated as the #1 brand by the A&M "� MODE Annual Survey for India's Top Brands for eight out of nine years during the period 1992 to 2001. For more information about Colgate's business, visit the Company's website on the internet at www.colgate.co.in