The Board of Directors of The Procter & Gamble Company (NYSE: PG) declared an increase in the quarterly dividend from forty-eight pointeighteen cents($0.4818) to fiftytwo pointfive cents($0.525)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 afterMay 16, 2011to Common Stock shareholders of record at the close of business onApril 29, 2011and payable on the dividend payment date for the Common Stock to Series A and Series B Preferred Stock shareholders of record at the start of business on that date. This represents a 9% increase compared to the prior quarterly dividend.