OLIN Corp — Director's Dealing 2008

Jul 31, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OLIN CORP (OLN)
CIK: 0000074303
Period of Report: 2008-07-30

Reporting Person: Fischer John E. (Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-07-30	Common Stock $1 par value	M	22400	$18.52	Acquired	26700	Direct
2008-07-30	Common Stock $1 par value	S	17900	$29.90	Disposed	8800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-07-30	Employee Stock Option Right to Buy	$18.52	M	22400	Disposed	2014-02-11	Common Stock (22400)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $1 par value	470.2086	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $29.79 to $29.99. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F2: The figure represents shares periodically acquired under the Olin Corporation Contributing Employee Ownership Plan (CEOP), a tax conditioned plan, and held in the Olin Common Stock Fund of the CEOP as of June 30, 2008, in a transaction exempt under Rule 16b-3 and includes 2.257 shares of Olin stock acquired since the date of the reporting person's last ownership report.