STEPAN CO — Director's Dealing 2006

Mar 7, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2006-03-03

Reporting Person: STEPAN PAUL H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-03-03	Common Stock	J	16060	$26.89	Disposed	272867	Indirect

Footnotes

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