TEJON RANCH CO — Director's Dealing 2004

Mar 30, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEJON RANCH CO (TRC)
CIK: 0000096869
Period of Report: 2004-03-26

Reporting Person: STACK GEOFFREY L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-26	Tejon Ranch Co Common Stock	A	1357	$39.23	Acquired	1401	Direct

Footnotes

F1: Restricted stock awarded under the Non-Employee Director Stock Incentive Plan. 690 shares vest on March 26, 2005, 333 shares vest on March 26, 2006, and 334 shares vest on March 26, 2007.