STEPAN CO — Director's Dealing 2008

May 13, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2008-05-13

Reporting Person: HURLBUTT JAMES E (VP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-12	Common Stock	S	3700	$40.00	Disposed	5617.2437	Direct