FOR IMMEDIATE RELEASE
                                                           ---------------------

             P&G PERSONNEL WORKING TO RESTORE CAPABILITY AT JACKSON
                                  SNACKS PLANT
             ------------------------------------------------------

              RECOVERING FROM TORNADOS THAT HIT EARLIER IN THE WEEK


         CINCINNATI, May 8, 2003 - Plant personnel, company experts and
suppliers are working hard to restore plant capability as soon as possible after
tornados struck The Procter & Gamble Company's snacks manufacturing plant in
Jackson, Tenn. on May 5, 2003.

         While there has been roof and water damage at the Jackson plant, and
electrical power is still out, based on initial assessments there is no major
structural damage to the facility or to critical manufacturing equipment. Plant
personnel are still assessing the full extent of the damage, and working to
restore plant capability. There will be some business disruption to the
Pringles(R) and Torengos(R) businesses. Top priority, now that P&G employees and
their families are safe, is to ensure product is on customers' shelves for
consumers to purchase.

         "We are doing everything possible to take care of our people, our
customers, and our consumers," said A.G. Lafley, P&G chairman, president and
chief executive. "We will get the Jackson plant up and running as soon as we
can. We remain committed to making Pringles the most innovative and
consumer-preferred brand in the Snacks category. This is only a speed bump in a
long journey for this growing brand."

         It is too early to fully assess the sales and earnings impacts on the
company from this event. However, top line growth for the June quarter is
expected to be negatively impacted by one percent or less. The company has both
asset and business interruption insurance in place. At this time, the impact on
earnings is not expected to be material, and the company remains comfortable
with the guidance previously communicated for the quarter.

         All statements, other than statements of historical fact included in
this news release, are forward-looking statements, as that term is defined in
the Private Securities Litigation Reform Act of 1995. In addition to the risks
and uncertainties noted in this news release, there are certain factors that
could cause actual results to differ materially from those anticipated by some
of the statements made. These include: (1) the achievement of expected cost and
tax savings associated with changes in the Company's organization structure; (2)
the ability to achieve business plans, including growing volume profitably,
despite high levels of competitive activity, especially with respect to the
product categories and geographical markets in which the Company has chosen to
focus; (3) the ability to manage and maintain key customer relationships; (4)
the achievement of growth in significant developing markets such as China,
Turkey, Mexico, the Southern Cone of Latin America, the countries of Central and
Eastern Europe and the countries of Southeast Asia; (5) the ability to
successfully manage regulatory, tax and legal matters, including resolution of
pending matters within current estimates; (6) the ability to successfully
implement, achieve and sustain cost improvement plans in manufacturing and
overhead areas; (7) the ability to successfully manage currency (including
currency issues in Latin America), interest rate and certain commodity cost
exposures; (8) the ability to manage the continued political and/or economic
uncertainty in Latin America (including Venezuela) and war in the Middle East,
as well as any political and/or economic uncertainty due to terrorist activities
or war (including Korea); and (9) the successful acquisition, transition,
integration, and operation of the Wella business. If the Company's assumptions
and estimates are incorrect or do not come to fruition, or if the Company does
not achieve all of these key factors, then the Company's actual results might
differ materially from the forward-looking statements made herein.

ABOUT PROCTER & GAMBLE
- ----------------------
         Two billion times a day, P&G brands touch the lives of people around
the world. Some of the nearly 300 P&G brands consumers know and use with
confidence in over 160 countries around the world include: Pampers(R), Tide(R),
Ariel(R), Always(R), Whisper(R), Pantene(R), Bounty(R), Pringles(R), Folgers(R),
Charmin(R), Downy(R), Lenor(R), Iams(R), Crest(R), Actonel(R), Olay(R) and
Clairol Nice `n Easy(R). The P&G community consists of nearly 102,000 employees
working in almost 80 countries worldwide. Please visit WWW.PG.COM for the latest
news and in-depth information about P&G and its brands.

                                      # # #

P&G CONTACTS:
- ------------

MEDIA
- -----
Tonia Hyatt - Snacks & Beverages    1-(513) 983-0479

P&G Corporate Media Center:
         U.S. media call: 1-(866) PROCTER (1-866-776-2837)
         Media outside the U.S. call: +1-(513) 945-9087

INVESTOR RELATIONS
- ------------------
John P. Goodwin - (513) 983-2414