FWP
Filed Pursuant to 433
Registration No. 333-145938
September 4, 2008
Pricing Term Sheet
The Procter & Gamble Company
Floating Rate Notes due September 9, 2009
     
Issuer:
  The Procter & Gamble Company
 
    
Aggregate Principal Amount Offered:
  $1,250,000,000 
 
    
Maturity Date:
  September 9, 2009
 
    
Coupon (Interest Rate):
  3-month LIBOR + 3 basis points
 
    
Price to Public (Issue Price):
  100% of principal amount
 
    
Interest Payment Dates:
  March 9, June 9, September 9 and December 9, commencing December 9, 2008 and ending on the Maturity Date
 
    
Day Count Convention:
  Actual/360
 
    
Redemption:
  Not redeemable
 
    
Trade Date:
  September 4, 2008
 
    
Settlement Date:
  September 9, 2008 (T+3)
 
    
CUSIP Number:
  742718 DH9
 
    
ISIN Number:
  US742718DH99
 
    
Denominations:
  $2,000 x $1,000
 
    
Joint Book-Running Managers:
  HSBC Securities (USA) Inc., J.P. Morgan Securities Inc., Morgan Stanley & Co. Incorporated
 
    
Co-Managers:
  Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman, Sachs & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated
 
    
Type of Offering:
  SEC Registered
 
    
Listing:
  None
 
    
Long-term Debt Ratings:
  Moody’s: Aa3 (Negative Outlook); S&P: AA- (Stable)
 
    
Concurrent Offering:
  $750,000,000 of floating rate notes due March 9, 2010 of The Procter & Gamble Company, expected to be issued on September 9, 2008. The closing of the offering of the notes offered hereby is not contingent on the closing of the concurrent offering.
Note:   A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time
 
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling HSBC Securities (USA) Inc. toll-free at 1-866-811-8049, J.P. Morgan Securities Inc. collect 1-212-834-4533 or Morgan Stanley & Co. Incorporated toll-free at 1-800-718-1649.
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