MARZETTI CO — Director's Dealing 2006

Mar 29, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANCASTER COLONY CORP (LANC)
CIK: 0000057515
Period of Report: 2006-03-29

Reporting Person: GERLACH JOHN B JR (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-12-20	Common Stock	G	1650	—	Disposed	368403	Direct
2006-03-29	Common Stock	M	25000	$29.50	Acquired	393403	Direct
2005-12-20	Common Stock	G	550	—	Acquired	280788	Indirect
2005-12-20	Common Stock	G	550	—	Acquired	117512	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2001-02-28	Common Stock - Employee Stock Option (Right to Buy)	$29.50	M	25000	Acquired	2006-03-31	Common Stock (25000)	Direct
2006-03-29	Common Stock - Employee Stock Option (Right to Buy)	$29.50	M	25000	Disposed	2006-03-31	Common Stock (25000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10517.1183	Indirect
Common Stock	320.763	Indirect
Common Stock	4166.67	Indirect
Common Stock	4872	Indirect
Common Stock	39999	Indirect
Common Stock	39999	Indirect
Common Stock	39999	Indirect

Footnotes

F1: Reflects ESOP allocations that had occurred as of 6/30/05

F2: Shares contributed by Lancaster Colony Corporation as a matching contribution under Lancaster Colony Corporation's 401(k) Plan as of 6/30/05

F3: The limited partnership interest became reportable as a pecuniary interest on April 5, 2002 when the Reporting Person became a director and a controlling person of the S-Corp, the general partner of the limited partnership

F4: John B. Gerlach, Jr. disclaims a beneficial interest in all shares held indirectly by him