Cincinnati, Ohio, USA, 14 October 2008 -- /PRNewswire/ -- The board of directors of the Procter & Gamble Company (NYSE: PG) declared a quarterly dividend of USD 0.40 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 14 November 2008, to shareholders of record at the close of business on 24 October 2008.

The company has been paying dividends without interruption since incorporation in 1890.

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. The P&G community includes approximately 138,000 employees working in over 80 countries worldwide. Visit http://www.pg.com for the latest news and in-depth information about P&G and its brands.