PROCTER & GAMBLE TO LICENSE BOUNTY TO GO™
The "Quicker Picker-Upper" is Now More Convenient Than Ever

CINCINNATI, Sept. 16, 2002 – The Procter & Gamble Company has granted an exclusive license to Cotton Buds, Inc., a Placentia, Calif. manufacturer of innovative personal hygiene toiletries, to produce, market and distribute new Bounty To GoÔ Paper Towels. This unique product offers consumers the superior durability and absorbency of BountyÒ, the nationÕs leading brand of paper towel, in a consumer-friendly, "away-from-home" package.

Bounty To GoÔ Paper Towels is a coreless, solid roll of BountyÒ towels in a convenient dispenser designed to fit in the car, diaper bag, backpack, briefcase, suitcase, workbench, or anywhere space is a concern. The compact, yet ample, quantity of towels makes it ideal for traveling, camping, picnicking, boating, etc., or just keeping around the house, office or garage. The dispenser keeps the towels clean, neat and dry until the last sheet.

Bounty To GoÔ Paper Towels joins recently launched Charmin To GoÔ Bathroom Tissue and Charmin To GoÔ Toilet Seat Covers, in a new line of "To Go" paper products licensed by P&G to Cotton Buds, Inc. This "To Go" line-up of market-leading brands allows consumers to experience the comforts, convenience and sanitary protection of home while on the go.

This is the latest in a number of external business agreements struck by P&G. These deals are designed to combine P&GÕs trademark, technology and/or know-how with strong outside companies to deliver mutually positive business results.

About Procter & Gamble P&G is celebrating 165 years of providing trusted quality brands that make every day better for the world's consumers. We market nearly 300 brands – including Pampers®, Tide®, Ariel®, Always®, Whisper®, Pantene®, Bounty®, Pringles®, Folgers®, Charmin®, Downy®, Lenor®, Iams®, Crest®, Actonel®, Olay® and Clairol® – in more than 160 countries around the world. 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.

About Cotton Buds, Inc.
Cotton Buds, Inc. develops, manufactures and markets innovative, value-added commodity-type personal hygiene toiletries for use when away from home, featuring convenient sizes, unique packaging and superior quality. Cotton Buds is a privately held company headquartered in Placentia, California.

P&G Contact: Cotton Buds, Inc. Contact:
Jenifer Nunnelley, 513-634-0540 Shannan Legendre, 714-630-1800

Contacts:
DeWitt Paul, Cotton Buds, Inc.
714-630-1800
www.cottonbuds.com

Jenifer Nunnelley, P&G
513-634-0540
www.pg.com