STEPAN CO — Director's Dealing 2004

Jan 23, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2004-01-22

Reporting Person: EBERTS F SAMUEL III (ViP, Gen. Counsel, Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-22	Common Stock	P	100	$24.79	Acquired	5800	Direct
2004-01-22	Common Stock	P	500	$24.75	Acquired	6300	Direct
2004-01-22	Common Stock	P	500	$24.80	Acquired	6800	Direct
2004-01-22	Common Stock	P	500	$25.03	Acquired	7300	Direct
2004-01-23	Common stock	P	1600	$25.03	Acquired	8900	Direct
2004-01-23	Common Stock	P	182	$25.08	Acquired	9082	Direct