STEPAN CO — Director's Dealing 2004

Feb 20, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2004-02-19

Reporting Person: STEPAN PAUL H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-19	Common Stock	J	31050	$25.65	Disposed	345535	Indirect

Footnotes

F1: Distribution of shares pursuant to optional redemption by certain Limited Partners of Stepan Venture II Partnership.