Adoption of 'Notice and Access' Model Expected to Deliver Sustainability Benefits and Cost Savings CINCINNATI, Aug. 29
CINCINNATI, Aug. 29 /PRNewswire-FirstCall/ -- The Procter & Gamble Company
(NYSE: PG) announced today the Internet availability of proxy materials for
its 2008 Annual Meeting of Shareholders via the Notice and Access model
provided in the U.S. Securities and Exchange Commission (SEC) proxy rules.
Under the Notice and Access model, companies may furnish proxy materials to
shareholders by posting them on an Internet website and providing shareholders
with notice of the availability of the proxy materials. The proxy materials
delivered under this new model include the 2008 Notice of Annual Meeting, the
Proxy Statement and the 2008 Annual Report.
P&G is committed to delivering value for its shareholders and reducing the
environmental footprint of its operations. Adopting the SEC's Notice and
Access model for delivery of proxy materials supports both of these
objectives. This year's online annual report will provide new functionality
and multimedia content that make it easier than ever for shareholders to
understand P&G's results and capability to sustain growth. P&G expects to
reduce the printed copies of the annual report and proxy materials by as much
as 80 percent, saving up to 250 million printed pages plus the energy and
expense to produce and deliver those materials while also providing enhanced
online information.
Important Information for Shareholders
Shareholders who have received printed proxy materials in the past will be
mailed a "Notice Regarding the Availability of Proxy Materials". This notice
will provide the Internet web site address where the proxy materials can be
viewed and shares can be voted. It will also include instructions for
requesting a paper copy of the proxy materials via telephone, Internet website
or email. Shareholders who would prefer to receive a paper copy of the proxy
materials can do so at no charge and can make this election for the current
annual meeting or for all future annual meetings.
P&G Everyday Solutions
For simple solutions, expert advice, great offers and promotions from the
P&G family of brands, we encourage shareholders and all consumers to visit
www.pgeverydaysolutions.com and look for the P&G brandSAVER(R) inserts
available in Sunday newspapers throughout the country.
About Procter & Gamble
Three billion times a day, P&G brands touch the lives of people around the
world. The company has one of the strongest portfolios of trusted, quality,
leadership brands, including Pampers(R), Tide(R), Ariel(R), Always(R),
Whisper(R), Pantene(R), Mach3(R), Bounty(R), Dawn(R), Gain(R), Pringles(R),
Folgers(R), Charmin(R), Downy(R), Lenor(R), Iams(R), Crest(R), Oral-B(R),
Actonel(R), Duracell(R), Olay(R), Head & Shoulders(R), Wella(R), Gillette(R),
Braun(R), and Fusion(R). The P&G community consists of 138,000 employees
working in over 80 countries worldwide. Please visit http://www.pg.com for the
latest news and in-depth information about P&G and its brands.
SOURCE The Procter & Gamble Company