TEJON RANCH CO — Director's Dealing 2007

Apr 14, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEJON RANCH CO (TRC)
CIK: 0000096869
Period of Report: 2007-04-12

Reporting Person: GOOLSBY JOHN L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-12	Tejon Ranch Co Common Stock	A	291	$48.06	Acquired	3689	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Tejon Ranch Co. Common Stock Options	$		Tejon Ranch Co. Common Stock (0)	10391	Direct

Footnotes

F1: Restricted stock awarded under the Non-Employee Director Stock Incentive Plan. 291 shares vest on January 10, 2008

F2: No new stock options were granted. This is for information and update purposes only.