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OLIN Corp Director's Dealing 2007

Aug 24, 2007

31434_dirs_2007-08-24_a475d7c4-5c34-489e-a9d7-3d53909a33d0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OLIN CORP (OLN)
CIK: 0000074303
Period of Report: 2007-08-22

Reporting Person: PAIN GEORGE H (Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-08-22 Common Stock $1 par value A 3900 Acquired 3952.9463 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock $1 par value 3075 Indirect
Common Stock $1 par value 982.7389 Indirect

Footnotes

F1: Includes 52.9463 shares acquired under the Olin Corporation dividend reinvestment plan.

F2: Represents shares held in a revocable trust controlled by the reporting person's spouse and for the benefit of his spouse.

F3: The figure shown represents shares of Olin Common Stock acquired on a periodic basis under the Olin 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 July 31, 2007.