X0202 4 2006-01-01 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 2006-01-01 4 A 0 2098.32 20.85 A Common Shares 2098.32 30167.56 D 1 for 1 The stock equivalent units were credited in a deferred account under the Directors Deferred Compensation Plan and 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 shares acquired pursuant to a dividend reinvestment feature of the Directors Deferred Compensation Plan and Directors Stock Equivalency Program, as of November 30, 2005. By: /s/ Kristi Payne Benitez, attorney-in-fact for 2006-01-04