TEJON RANCH CO — Director's Dealing 2006

May 31, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEJON RANCH CO (TRC)
CIK: 0000096869
Period of Report: 2006-05-30

Reporting Person: LYDA ALLEN E (Vice President / CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-30	Tejon Ranch Co. Common Stock	A	11489	$42.40	Acquired	16396	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Tejon Ranch Co. Restricted Stock Units	$		Tejon Ranch Co. Common Stock ()	4005	Direct
Tejon Ranch Co. Common Stock Options	$		Tejon Ranch Co. Common Stock Options ()	134946	Direct

Footnotes

F1: No new stock options or restricted stock units were granted. This is for information and update purposes only.