STEPAN CO

Ticker: SCL CUSIP: 858586100 Class: Common Stock

LEUTHOLD GROUP, LLC's Holding History (CIK: 0001170152)

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

Q3 2016

Shares 35,493 Value ($000) $2,579 Avg Close $67.18 Range $56.89 - $73.90

Q2 2016

Shares 37,873 Value ($000) $2,255 Avg Close $58.72 Range $54.00 - $63.32

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	35,493	$2,579	$67.18	$56.89 - $73.90
Q2 2016	37,873	$2,255	$58.72	$54.00 - $63.32