STEPAN CO — Director's Dealing 2008

Mar 14, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2008-03-13

Reporting Person: VENEGONI JOHN V (VP/GM Surfactants)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-13	Common Stock	J	41.136	—	Acquired	6111.2974	Direct
2008-03-13	Common Stock	J	85.1333	—	Acquired	6196.4307	Direct

Footnotes

F1: Number of common stock shares acquired with dividend purchase to reporting person's account on March 13, 2008, under the Employee Stock Ownership Plan (ESOP) established by Stepan Company.

F2: Number of common stock shares acquired with dividend purchase to reporting person's account on March 13, 2008, under the Employee Stock Ownership Plan II (ESOP II) established by Stepan Company.