TEJON RANCH CO — Director's Dealing 2008

Mar 20, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEJON RANCH CO (TRC)
CIK: 0000096869
Period of Report: 2008-03-19

Reporting Person: STACK GEOFFREY L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-19	Tejon Ranch Co Common Stock	M	1725	$26.38	Acquired	8259	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-03-19	Tejon Ranch Co. Restricted Stock Units	$	A	0	Acquired		Tejon Ranch Common Stock (0)	Direct
2008-03-19	Tejon Ranch Co. Common Stock Options	$26.38	M	1725	Disposed	2008-03-22	Tejon Ranch Common Stock (1725)	Direct

Footnotes

F1: No new stock grants were granted. This is for information and update purposes only.