CINCINNATI, May 26, 2005 – The Procter & Gamble Company
(NYSE:PG) announced today that the shareholder meeting to
approve its proposed merger with The Gillette Company will
take place at 9:00 a.m. ET on Tues., July 12, 2005, at P&G's
world headquarters in Cincinnati.
P&G had previously announced a meeting date
of June 13, 2005 . The company revised its meeting date to
allow sufficient time for shareholder review of its proxy
and registration statement. The change of meeting date will
not impact the overall timeline for closing the deal. The
company said it still expects to complete the merger in the
fall of 2005.
The Gillette Company will also hold its shareholder
meeting to approve its proposed merger with The Procter & Gamble
Company on July 12 at 1:00
p.m. ET at the Hotel Du Pont in Wilmington , Del.
About Procter & Gamble
Two
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®, Tide®, Ariel®,
Always®, Whisper®, Pantene®, Bounty®, Pringles®, Folgers®,
Charmin®, Downy®, Lenor®, Iams®, Crest®, Actonel®, Olay®,
Clairol Nice ‘n Easy®, Head & Shoulders®,
and Wella. The P&G community consists of almost 110,000
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.
# # #
P&G Media Contacts:
In
the US : + 00 1-866-PROCTER
or + 00 1-866-776-2837 International : + 00 1-513-945-9087
P&G Investor
Relations Contact:
Thomas
Tippl : + 00 1-513-983-2414
Additional Information and Where to Find
it:
In connection with the proposed merger, The Procter & Gamble
Company (“P&G”) has filed a registration statement on
Form S-4 on May 26, 2005
, with the Securities and
Exchange Commission (Registration
No. 333-123309), containing
a definitive joint proxy
statement/prospectus. INVESTORS
AND SECURITY HOLDERS ARE
ADVISED TO READ THE DEFINITIVE
JOINT PROXY STATEMENT/PROSPECTUS
BECAUSE IT CONTAINS IMPORTANT
INFORMATION. Investors and
security holders may obtain
a free copy of the definitive
joint proxy statement/prospectus
and other documents filed
by P&G
and The Gillette Company
(“Gillette”) with the Commission
at the Commission’s web site
at http://www.sec.gov.
Free copies of the definitive
joint proxy statement/prospectus
and each company’s other
filings with the Commission
may also be obtained from
the respective companies.
Free copies of P&G’s filings
may be obtained by directing
a request to P&G Investor
Relations at + 00 1-513-983-2415.
Free copies of Gillette’s
filings may be obtained by
directing a request to Gillette
Investor Relations at + 00
1-617-421-8172.
This communication shall not constitute an offer to sell
or the solicitation of an offer to buy securities, nor shall
there be any sale of securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of
such jurisdiction.
Participants in the Solicitation
P&G,
Gillette and their respective
directors, executive officers
and other members of their
management and employees may
be soliciting proxies from
their respective stockholders
in favor of the merger. Information
concerning persons who may be considered participants in the
solicitation of P&G’s
stockholders under the rules
of the Commission is set
forth in the Proxy Statement
filed by P&G with the Commission
on August 27, 2004, and information
concerning persons who may
be considered participants
in the solicitation of Gillette’s
stockholders under the rules
of the Commission is set forth
in the Proxy Statement filed
by Gillette with the Commission
on March 30, 2005.
