MARZETTI CO — Director's Dealing 2008

Feb 28, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANCASTER COLONY CORP (LANC)
CIK: 0000057515
Period of Report: 2008-02-28

Reporting Person: BOYLAN JOHN L (Director, Vice President & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-27	Common Stock	A	300	—	Acquired	4666	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-02-27	Stock Appreciation Right	$38.31	A	12000	Acquired	2013-02-28	Common Stock (12000)	Direct
2003-02-26	Common Stock - Employee Stock Option (Right to Buy)	$37.23	M	15000	Acquired	2008-03-31	Common Stock (15000)	Direct
2005-02-23	Common Stock - Employee Stock Option (Right to Buy)	$41.52	M	15000	Acquired	2010-02-28	Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	462.592	Indirect
Common Stock	5826.7407	Indirect

Footnotes

F1: Shares contributed by Lancaster Colony Corporation as a matching contribution under Lancaster Colony Corporation's 401(k) Plan as of 6/30/07.

F2: Reflects ESOP allocations that had occurred as of 6/30/07.

F3: Restricted stock awarded to Mr. Boylan pursuant to the 2005 Stock Plan. The restricted stock will vest on February 27, 2011. Vesting would accelerate on a change in control, death or disability.

F4: Stock appreciation rights awarded to Mr. Boylan pursuant to the 2005 Stock Plan. The rights vest ratably over a three-year period beginning on the first anniversary of the grant date and can be exercised up to five years from the grant date.