MARZETTI CO — Director's Dealing 2007

Dec 7, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANCASTER COLONY CORP (LANC)
CIK: 0000057515
Period of Report: 2007-12-07

Reporting Person: SEGAL DAVID M (Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-07	Common Stock	M	4500	$37.23	Acquired	6775	Direct
2007-12-07	Common Stock	S	4500	$40.50	Disposed	2275	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-02-26	Common Stock - Employee Stock Option (Right to Buy)	$37.23	A	4500	Disposed	2008-03-31	common stock (4500)	Direct
2005-02-23	Common Stock - Employee Stock Option (Right to Buy)	$41.52	M	4500	Acquired	2010-02-28	Common Stock (4500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	454.458	Indirect
Common Stock	3466.6622	Indirect
Common Stock	30	Indirect

Footnotes

F1: Shares contributed by Lancaster Colony Corporation as a matching contribution under Lancaster Colony Corporation's 401(k) Plan

F2: Reflects allocations in ESOP account

F3: David M. Segal disclaims a beneficial interest in all shares held indirectly by him.