STEPAN CO

Ticker: SCL CUSIP: 858586100 Class: Common Stock

Freedom Investment Management, Inc.'s Holding History (CIK: 0001566653)

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

Q3 2014

Shares 5,722 Value ($000) $254 Avg Close $48.97 Range $44.22 - $54.14

Q2 2014

Shares 5,247 Value ($000) $277 Avg Close $56.15 Range $50.98 - $66.51

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	5,722	$254	$48.97	$44.22 - $54.14
Q2 2014	5,247	$277	$56.15	$50.98 - $66.51