OLIN Corp — Director's Dealing 2004

Oct 29, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OLIN CORP (OLN)
CIK: 0000074303
Period of Report: 2004-10-27

Reporting Person: PIERPONT JANET M (Vice President and Treasurer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-10-27	Restricted Stock Units	$0	D	1666	Disposed	2005-02-14	Common Stock (1666)	Direct
2004-10-27	Restricted Stock Units	$0	A	1666	Acquired	2004-12-31	Common Stock (1666)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $1 par value	15042	Direct
Common Stock $1 par value	56.1159	Indirect

Footnotes

F1: The figure shown represents shares of Olin Common Stock acquired on a periodic basis under the Olin Corporation Contributing Employee Ownership Plan (CEOP), a tax-conditioned plan, and held in the Olin Common Stock Fund of the CEOP, in a transaction exempt under Rule 16b-3, and is based on information provided by the Plan Administrator as of October 27, 2004.

F2: Amendment of outstanding restricted stock award resulting in deemed cancellation of restricted stock award and grant of replacement award. The restricted stock award was originally granted on February 14, 2002.