The Procter & Gamble Company’s Board of Directors declared a 7% dividend increase in the quarterly dividend (compared to the prior quarterly dividend) from $0.525 to $0.562 per share on its Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company. It is payable on or after May 15, 2012, to Common Stock shareholders of record at the close of business on April 27, 2012, and to Series A and Series B Preferred Stock shareholders of record at the start of business on April 27, 2012. P&G has been paying a dividend for 122 consecutive years since its incorporation in 1890. This marks the 56th consecutive year that the Company has increased the dividend.