STEPAN CO — Director's Dealing 2007

Mar 27, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2007-03-26

Reporting Person: Servatius Gregory (Vice Pres., Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-26	Common Stock	J	35.3092	—	Acquired	9067.5749	Direct

Footnotes

F1: Number of common stock shares acquired with dividend purchase to reporting person's account on March 26, 2007, under the Employee Stock Ownership Plan (ESOP) established by Stepan Company.