TEJON RANCH CO — Director's Dealing 2008

Sep 25, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEJON RANCH CO (TRC)
CIK: 0000096869
Period of Report: 2008-09-25

Reporting Person: DREW JOSEPH E (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-09-25	TEJON RANCH CO. COMMON STOCK	S	1500	$37.00	Disposed	10897	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Tejon Ranch Co. Incentive Stock Options	$		Tejon Ranch Co. Common Stock ()	12000	Direct

Footnotes

F1: This is for information purposes only. No new grants