BALCHEM CORP — Director's Dealing 2004

Jan 30, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALCHEM CORP (bcp)
CIK: 0000009326
Period of Report: 2004-01-29

Reporting Person: SAMUELS WINSTON A (Vice President/GM Encapsulates)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-29	Common Stock	M	1500	$6.25	Acquired	2000	Direct
2004-01-29	Common Stock	M	3000	$6.35	Acquired	5000	Direct
2004-01-29	Common Stock	M	30000	$9	Acquired	35000	Direct
2004-01-29	Common Stock	M	5000	$11.13	Acquired	40000	Direct
2004-01-29	Common Stock	M	5000	$12	Acquired	45000	Direct
2004-01-29	Common Stock	M	6000	$21.15	Acquired	51000	Direct