Finance & Accounting Procter and Gamble Finance and Accounting is about investing in the future. Both in our businesses and our employees. (Next Slide) Kavitha B. Pai – Financial Analyst, Pet Health & Nutrition Indiana University February 13, 2003

ABOUT P&G Large Diverse A Fortune 50 company with over 105,000 employees Global Operate in 130 countries marketing our products to nearly 5 billion people Growing Double the business every 10 years Diverse Market 250 Brands in 44 Categories Successful #1 or #2 Brand in most of our categories Innovative Value Pricing, SAP, ECR, & Total Shareholder Return Let me start by giving you a brief overview of P&G. This will help you understand what a great company P&G is. Procter & Gamble is a fortune 20 company Procter & Gamble is a Global Company, competing in 140 Countries Procter & Gamble is a growing company, doubling the business every 10 years since inception by building new brands, growing the existing business, and making strategic acquisitions Procter & Gamble is a Diverse Company, marketing 300 brands in 44 categories, a few of which we invented Procter & Gamble is very successful - most of our brands are #1 or #2 in their categories Procter & Gamble is an innovative company, having initiated programs like value pricing and efficient consumer response, Total Shareholder Return, and currently implementing programs like SAP (Next Slide)

P&G Finance & Accounting You will become skilled in a wide range of finance and accounting areas Your leadership will provide critical influence in corporate decision making F&A is unique at P&G because we partner with every area of business to create shareholder value Finance and Accounting provides an an excellent career opportunity. At P&G you will become skilled in a wide range of finance and accounting areas. You will also be viewed as a leader in the company. Finance leadership is key to our efforts to improve shareholder value. You will find that Finance and Accounting at P&G is unique because we partner with every areas of business. Lets explore these concepts in a little more detail. (next slide)

BUILD YOUR F&A SKILLS Project Analysis Business planning and strategy development Accounting Operating cash, tax and treasury management Project management Internal Controls Forecasting Developing people and organizations Finance and Accounting at P&G is a great place for you to build a broad range of finance and accounting skills. These include: - Analysis - Business planning and development - Accounting - Operating cash, tax and treasury - Project management - Internal controls -Information systems - And experiences developing people and organizations (Next Slide)

F&A OPPORTUNITIES TO LEAD We offer a breadth of assignments and the flexibility to meet individual career objectives Manufacturing - Plant Financial Mgmt. Business unit - Category Financial Mgmt. Sales/Customer team Treasury Internal Controls/Systems Corporate Financial Analysis Other - Purchasing, R&D, Tax F&A is a place where you will be given many opportunities to build your leadership skills. We offer a breadth of assignments and the flexibility to meet your individual career objectives: Profit and Cost Analysis Financial and Cost Accounting Treasury, Tax, and Audit Category and Plant Financial Management and Customer and R&D Financial Analysis (Next Slide)

F&A: AN INTEGRATED EXPERIENCE Influence diverse business teams through your insightful perspective and personal leadership Partner with Marketing, Sales, R&D, Manufacturing, and Market Research Manage global business processes Lead the implementation of global standardization and efficiency improvements Finance and Accounting at P&G is unique because of how we partner with all areas of our business to create shareholder value. This partnership provides you with tremendous variety and gives you a great opportunity to learn about different functions. In the first several years of your career, you can expect to work with advertising, sales, R&D, manufacturing, and market research. You may also have the opportunity to work in our global business service area where you could be leading the implementation of global standards or efficiency improvements. (next slide)

A GREAT PLACE FOR A CAREER F&A careers are focused on the individual--not a predesigned career path Your contribution and performance determine your success P&G’s policy of promotion from within means we want you to succeed F&A careers do not follow a predefined career path--they depend on the individual. Progress and rewards are based on your contribution and your performance. Promotion opportunities are performance based and encouraged by P&G’s long standing policy of promotion from within. (next slide)

WE WANT YOU TO SUCCEED Annual Work and Development review process Development of short and long-term goals 360° feedback Input into your own evaluation Reviewed with your manager’s manager Each individual with the company has an annual work and development plan that includes a 360 degree feedback for your performance from your boss, your peers, and anyone who might work for you. As part of the work and development plan, each individual develops short and long term goals... Each individual has input into their own evaluation... And the whole package is not only reviewed with your manager, but with your manager’s manager, so there are always two people responsible for the development of your career. (next slide)

SO, WHAT DOES IT TAKE? What Counts at P&G Collaboration - working with others Business Planning - strategies & plans Leadership - direction setting; vision Technical - mastery & development Problem solving - choice analysis Organizational - people development Risk taking - what’s the upside? Now that we have talked about what is great about working at P&G, lets talk about what it takes to work here. It takes a certain skill set-we call them the What Counts Factors: Leadership skills Thinking and Problem Solving Skills Communication Skills Initiative and follow-through Priority setting Working effectively with others and Creativity (Next Slide)

WHERE DO YOU GO FROM HERE? For more information on Finance & Accounting careers at Procter & Gamble Visit us on the world wide web at: There is extensive information on Finance & Accounting careers in our website. Please visit it to learn more about the exciting career opportunities we provide. (Next Slide) www.pg.com/careers

(Either) Are there any questions? (Or whatever is next on the agenda)