P&G Declares Quarterly Dividend

Press release from the issuing company

Wednesday, July 14th, 2010

The Board of Directors of The Procter & Gamble Company (NYSE: PG) declared a quarterly dividend of $0.4818 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after August 16, 2010 to shareholders of record at the close of business on July 23, 2010.

P&G has been paying a dividend for 120 consecutive years since its incorporation in 1890 and has increased its dividend for 54 consecutive years at an annual compound average rate of approximately 9.5%.