STEPAN CO

Ticker: SCL CUSIP: 858586100 Class: Common Stock

Asset Management One Co., Ltd.'s Holding History (CIK: 0001068855)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016

Shares 2,868 Value ($000) $159 Avg Close $48.10 Range $41.42 - $56.50

Q4 2015

Shares 2,868 Value ($000) $143 Avg Close $50.10 Range $40.72 - $54.87

Q3 2015

Shares 2,868 Value ($000) $119 Avg Close $46.57 Range $40.49 - $55.67

Q2 2015

Shares 2,868 Value ($000) $155 Avg Close $49.34 Range $41.34 - $55.22

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	2,868	$159	$48.10	$41.42 - $56.50
Q4 2015	2,868	$143	$50.10	$40.72 - $54.87
Q3 2015	2,868	$119	$46.57	$40.49 - $55.67
Q2 2015	2,868	$155	$49.34	$41.34 - $55.22