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SETTLEMENT OF DEFEO LAWSUIT

 CINCINNATI, Oct. 26 /PRNewswire/ -- The Procter & Gamble Company (NYSE: PG) today issued the following statement:
 The Procter & Gamble Company has settled the lawsuit filed against former employee Neil P. DeFeo regarding his employment with The Clorox Company.
 Mr. DeFeo, formerly Managing Director, Worldwide Strategic Planning- Laundry and Cleaning Products, resigned from P&G on July 8, 1993 to accept a senior management position at Clorox, a direct competitor in the bleach and household cleaning products businesses. The Company sued to enforce the terms of Mr. DeFeo's contractual agreement which keeps him from working at Clorox on products that compete directly with products he worked on at P&G as well as to protect proprietary information about our business.
 P&G and Mr. DeFeo have agreed to the entry of a court order that prevents Mr. DeFeo from working on competitive products for certain time periods. The time periods vary, depending on the nature of the proprietary information involved, and include 18 months for Clorox Bleach and two years, eight months for international bleach and household cleaning products, which is the full term of the stock option non-compete agreement Mr. DeFeo signed.
 The settlement reached protects the interests of our Company and our employees.
 -0- 10/26/93
 /CONTACT: Linda L. Ulrey of Procter & Gamble, 513-945-8210/
 (PG)


CO: The Procter & Gamble Company ST: California, Ohio IN: HOU SU:

BM -- CL016 -- 6807 10/26/93 10:24 EDT
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Publication:PR Newswire
Date:Oct 26, 1993
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