QUAKER CHEMICAL CORP — Director's Dealing 2007

Mar 8, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUAKER CHEMICAL CORP (KWR)
CIK: 0000081362
Period of Report: 2007-03-06

Reporting Person: PLATZER L WILBERT (VP & Managing Dtr - Europe)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-06	Common Stock	M	9500	$17.75	Acquired	22626	Direct
2007-03-06	Common Stock	S	9500	$21.73	Disposed	13126	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-06	Employee Stock Option (right to buy)	$17.75	M	9500	Disposed	2008-01-23	Common Stock (9500)	Direct

Footnotes

F1: The option vested in three installments: 50% on January 23, 2002, 25% on January 23, 2003 and 25% on January 23, 2004.