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STEPAN CO Director's Dealing 2007

May 12, 2007

32175_dirs_2007-05-11_075f5f58-5f69-4b26-8f4f-54b8457cd8eb.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2007-05-11

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-11	Common Stock	J	48.7335	—	Acquired	9131.703	Direct

Footnotes

F1: Number of common stock shares acquired with Company contribution to reporting person's account on May 11, 2007, under the Employee Stock Ownership Plan II (ESOP II) established by Stepan Company.