X0101 42003-05-08 0000029915 DOW CHEMICAL CO /DE/ DOW0001182003 HACKMAN FRANKLIN BARBARA 1000Common Stock2003-05-084A011500A12083.024DAward of restricted stock under the 2003 Non-Employee Directors' Stock Incentive Plan that became effective upon approval by the Company's stockholders on May 8, 2003. Under the terms of the Plan, this award of restricted stock is effective as of March 5, 2003.Award of restricted stock by The Dow Chemical Company in a transaction exempt under Rule 16b-3.Barbara Hackman Franklin2003-05-08