X0201 4 2004-01-01 0 0000310158 SCHERING PLOUGH CORP SGP 0001023219 RUSSO PATRICIA F SCHERING-PLOUGH CORPORATION 2000 GALLOPING HILL ROAD KENILWORTH NJ 07033 1 0 0 0 Stock Equivalent Units 0.00 2004-01-01 4 A 0 1437.61 17.39 A Common Shares 1437.61 23950.42 D 1 for 1 The stock equivalent units were credited in a deferred account under the Directors Stock Equivalency Program. Not Applicable. The stock equivalent units are payable in cash following termination of the reporting person's service as a director of the Issuer. Includes 496.61 shares acquired pursuant to a dividend reinvestment feature of the Directors Deferred Compensation Plan and Directors Stock Equivalency Program, through November 26, 2003. By: /s/Joseph J. LaRosa, attorney-in-fact for 2004-01-05