STEPAN CO — Director's Dealing 2005

Feb 14, 2005

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2004-12-31

Reporting Person: HURLBUTT JAMES E (Vice President, Finance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-19	Common Stock	P	11.895	$22.50	Acquired	4371.578	Direct
2004-06-21	Common Stock	P	11.128	$24.25	Acquired	4382.706	Direct
2004-09-21	Common Stock	P	11.147	$24.40	Acquired	4393.853	Direct
2004-08-05	Common Stock	J	933925	—	Acquired	933925	Indirect

Footnotes

F1: Purchases made under an employee purchase plan.

F2: Elected by the Stepan Company Board of Directors effective August 5, 2004, to be a member of Plan Committee of Stepan Company, which has oversight responsibility over investments of funds of employee benefit programs.