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<SEC-DOCUMENT>0000891092-07-002472.txt : 20070618
<SEC-HEADER>0000891092-07-002472.hdr.sgml : 20070618
<ACCEPTANCE-DATETIME>20070618084133
ACCESSION NUMBER:		0000891092-07-002472
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20070618
DATE AS OF CHANGE:		20070618

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BARINGTON COMPANIES EQUITY PARTNERS L P
		CENTRAL INDEX KEY:			0001107149
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		SC 13D

	BUSINESS ADDRESS:	
		STREET 1:		888  7TH AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		2129745700

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANCASTER COLONY CORP
		CENTRAL INDEX KEY:			0000057515
		STANDARD INDUSTRIAL CLASSIFICATION:	CANNED, FROZEN & PRESERVED FRUIT, VEG & FOOD SPECIALTIES [2030]
		IRS NUMBER:				131955943
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-33383
		FILM NUMBER:		07924609

	BUSINESS ADDRESS:	
		STREET 1:		37 W. BROAD STREET
		STREET 2:		5TH FLOOR
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43215
		BUSINESS PHONE:		6142247141

	MAIL ADDRESS:	
		STREET 1:		37 W. BROAD STREET
		STREET 2:		5TH FLOOR
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43215
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>e27642_13d.txt
<DESCRIPTION>SCHEDULE 13D
<TEXT>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D
                                 (Rule 13d-101)
                                 Amendment No. 1

    INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a)
             AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)

                          Lancaster Colony Corporation
                          ----------------------------
                                (Name of Issuer)

                      Common Stock, no par value per share
                      ------------------------------------
                         (Title of Class of Securities)

                                    513847103
                                    ---------
                                 (CUSIP Number)

                            Mr. James A. Mitarotonda
                  c/o Barington Companies Equity Partners, L.P.
                         888 Seventh Avenue, 17th Floor
                               New York, NY 10019
                                 (212) 974-5700
                                 --------------
                     (Name, Address and Telephone Number of
                      Person Authorized to Receive Notices
                              and Communications)

                                  June 15, 2007
                                  -------------
                      (Date of Event which Requires Filing
                               of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f), or 13d-1(g), check the following
box: |_|.

                         (Continued on following pages)

                              (Page 1 of 34 Pages)


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                           Page 2 of 34 Pages
- -------------------                                           ------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
            Barington Companies Equity Partners, L.P.                 13-4088890
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         WC
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             Delaware
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             480,956
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        480,956
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           480,956
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           1.54%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        PN
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                           Page 3 of 34 Pages
- -------------------                                           ------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
              Barington Companies Investors, LLC                      13-4126527
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         OO
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             Delaware
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             480,956
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        480,956
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           480,956
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           1.54%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        OO
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                           Page 4 of 34 Pages
- -------------------                                           ------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               Barington Investments, L.P.                            20-2871525
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         WC
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             Delaware
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             221,924
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        221,924
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           221,924
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           0.71%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        PN
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                           Page 5 of 34 Pages
- -------------------                                           ------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               Barington Companies Advisors, LLC                      20-0327470
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         OO
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             Delaware
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             221,924
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        221,924
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           221,924
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           0.71%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        OO
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                           Page 6 of 34 Pages
- -------------------                                           ------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               Benchmark Opportunitas Fund plc
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         WC
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             Ireland
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             43,227
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        43,227
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           43,227
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           0.14%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        CO
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                           Page 7 of 34 Pages
- -------------------                                           ------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               Barington Offshore Advisors, LLC                       20-4797640
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         OO
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             Delaware
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             43,227
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        43,227
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           43,227
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           0.14%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        IA, OO
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                           Page 8 of 34 Pages
- -------------------                                           ------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               Barington Companies Offshore Fund, Ltd.
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         WC
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             British Virgin Islands
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             796,498
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        796,498
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           796,498
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           2.55%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        CO
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                           Page 9 of 34 Pages
- -------------------                                           ------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               Barington Offshore Advisors II, LLC                    20-8325785
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         OO
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             Delaware
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             796,498
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        796,498
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           796,498
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           2.55%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        IA, OO
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                          Page 10 of 34 Pages
- -------------------                                          -------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               Barington Capital Group, L.P.                          13-3635132
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         OO
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             New York
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             1,542,605
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        1,542,605
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           1,542,605
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           4.93%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        PN
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                          Page 11 of 34 Pages
- -------------------                                          -------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               LNA CApital Corp.                                      13-3635168
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         OO
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             Delaware
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             1,542,605
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        1,542,605
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           1,542,605
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           4.93%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        CO
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                          Page 12 of 34 Pages
- -------------------                                          -------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               James A. Mitarotonda
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         OO
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             United States
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             1,542,605
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        1,542,605
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           1,542,605
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           4.93%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        IN
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                          Page 13 of 34 Pages
- -------------------                                          -------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               RJG Capital Partners, L.P.                             20-0133443
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         WC
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             Delaware
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             4,300
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        4,300
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           4,300
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           0.01%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        PN
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                          Page 14 of 34 Pages
- -------------------                                          -------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               RJG Capital Management, LLC                            20-0027325
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         OO
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             Delaware
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             4,300
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        4,300
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           4,300
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           0.01%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        OO
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                          Page 15 of 34 Pages
- -------------------                                          -------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               Ronald Gross
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         OO
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             United States
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             4,300
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        4,300
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           4,300
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           0.01%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        IN
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                          Page 16 of 34 Pages
- -------------------                                          -------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               D.B. Zwirn Special Opportunities Fund, L.P.            73-1637217
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         WC
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             Delaware
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             34,327
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        34,327
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           34,327
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           0.11%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        PN
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                          Page 17 of 34 Pages
- -------------------                                          -------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               D.B. Zwirn Special Opportunities Fund, Ltd.
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         WC
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             Cayman Islands
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             67,104
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        67,104
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           67,104
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           0.21%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        CO
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                          Page 18 of 34 Pages
- -------------------                                          -------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               HCM/Z Special Opportunities LLC                        98-0436333
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         WC
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             Cayman Islands
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             7,908
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        7,908
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           7,908
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           0.03%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        OO
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                          Page 19 of 34 Pages
- -------------------                                          -------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               D.B. Zwirn & Co., L.P.                                 02-0597442
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         OO
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             Delaware
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             109,339
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        109,339
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           109,339
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           0.35%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        PN
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                          Page 20 of 34 Pages
- -------------------                                          -------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               DBZ GP, LLC                                            42-1657316
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         OO
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             Delaware
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             109,339
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        109,339
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           109,339
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           0.35%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        OO
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                          Page 21 of 34 Pages
- -------------------                                          -------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               Zwirn Holdings, LLC                                    30-0080444
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         OO
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             Delaware
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             109,339
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        109,339
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           109,339
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           0.35%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        OO
- --------------------------------------------------------------------------------


<PAGE>

                                  SCHEDULE 13D

CUSIP No. 513847103                                          Page 22 of 34 Pages
- -------------------                                          -------------------

     1   NAME OF REPORTING PERSON:
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
               Daniel B. Zwirn
- --------------------------------------------------------------------------------
     2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                          (a)  [X]
                                                          (b)  [_]
- --------------------------------------------------------------------------------
     3   SEC USE ONLY

- --------------------------------------------------------------------------------
     4   SOURCE OF FUNDS:         OO
- --------------------------------------------------------------------------------
     5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
         IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)        [_]
- --------------------------------------------------------------------------------
     6   CITIZENSHIP OR PLACE OF ORGANIZATION             United States
- --------------------------------------------------------------------------------
                       7    SOLE VOTING POWER             109,339
    NUMBER OF         ----------------------------------------------------------
     SHARES            8    SHARED VOTING POWER           none
  BENEFICIALLY        ----------------------------------------------------------
  OWNED BY EACH        9    SOLE DISPOSITIVE POWER        109,339
    REPORTING         ----------------------------------------------------------
   PERSON WITH         10   SHARED DISPOSITIVE POWER      none
- --------------------------------------------------------------------------------
     11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY
         EACH REPORTING PERSON:                           109,339
- --------------------------------------------------------------------------------
     12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
         EXCLUDES CERTAIN SHARES                          [_]
- --------------------------------------------------------------------------------
     13  PERCENT OF CLASS REPRESENTED
         BY AMOUNT IN ROW (11):                           0.35%
- --------------------------------------------------------------------------------
     14  TYPE OF REPORTING PERSON:                        IN
- --------------------------------------------------------------------------------


<PAGE>

                                                             Page 23 of 34 Pages

      This Amendment No. 1 amends and supplements the Schedule 13D filed with
the Securities and Exchange Commission (the "SEC") on March 19, 2007 (the
"Statement") by and on behalf of Barington Companies Equity Partners, L.P.
("Barington") and others with respect to the common stock, no par value per
share (the "Common Stock"), of Lancaster Colony Corporation, an Ohio corporation
(the "Company"). The principal executive offices of the Company are located at
37 West Broad Street, Columbus, Ohio 43215.

Item 2. Identity and Background.

      The second paragraph of Item 2(a) - (c) of the Statement is hereby
amended and restated as follows:

      As of June 15, 2007, the Reporting Entities are the beneficial owners of,
in the aggregate, 1,656,244 shares of Common Stock, representing approximately
5.29% of the shares of Common Stock presently outstanding.

Item 3. Source and Amount of Funds or Other Consideration.

      Item 3 of the Statement is hereby amended and supplemented as follows:

      Since the filing of the Statement, the Reporting Entities purchased an
aggregate of 12,200 shares of Common Stock. All purchases of Common Stock by the
Reporting Entities were made in open market transactions. All purchases were
funded by working capital, which may, at any given time, include margin loans
made by brokerage firms in the ordinary course of business. The amount of funds
expended for such purchases (excluding commissions and other execution-related
costs) was approximately $367,630.02 by Barington Companies Equity Partners,
L.P., $113,276.66 by Barington Investments, L.P., $18,858.25 by Benchmark
Opportunitas Fund plc, $6,907.63 by D.B. Zwirn Special Opportunities Fund, L.P.
and $10,340.26 by D.B. Zwirn Special Opportunities Fund, Ltd.

Item 4. Purpose of Transaction.

      Item 4 of the Statement is hereby amended and supplemented as follows:

      On June 15, 2007, James A. Mitarotonda, the Chairman and Chief Executive
Officer of Barington Capital Group, L.P., sent a letter to John B. Gerlach, Jr.,
the Company's Chairman of the Board, Chief Executive Officer and President, a
copy of which is attached as Exhibit 99.2 hereto and incorporated by reference
herein.

Item 5. Interest in Securities of the Issuer.

      Items 5(a) - (c) of the Statement are hereby amended and restated as
follows:

      (a) As of June 15, 2007, Barington Companies Equity Partners, L.P.
beneficially owns an aggregate of 480,956 shares of Common Stock, representing
approximately 1.54% of the shares of Common Stock presently outstanding based
upon the 31,284,000 shares of Common Stock reported by the Company to be issued
and outstanding as of April 30, 2007 in its Form 10-Q filed with the Securities
and Exchange Commission on May 10, 2007 (the "Issued and Outstanding Shares").


<PAGE>

                                                             Page 24 of 34 Pages

      As of June 15, 2007, Barington Investments, L.P. beneficially owns 221,924
shares of Common Stock, representing approximately 0.71% of the Issued and
Outstanding Shares. As of June 15, 2007, Benchmark Opportunitas Fund plc
beneficially owns 43,227 shares of Common Stock, representing approximately
0.14% of the Issued and Outstanding Shares. As of June 15, 2007, Barington
Companies Offshore Fund, Ltd. beneficially owns 796,498 shares of Common Stock,
representing approximately 2.55% of the Issued and Outstanding Shares. As the
general partner of Barington Companies Equity Partners, L.P., Barington
Companies Investors, LLC may be deemed to beneficially own the 480,956 shares of
Common Stock beneficially owned by Barington Companies Equity Partners, L.P.,
representing approximately 1.54% of the Issued and Outstanding Shares. As the
general partner of Barington Investments, L.P., Barington Companies Advisors,
LLC may be deemed to beneficially own the 221,924 shares of Common Stock
beneficially owned by Barington Investments, L.P., representing approximately
0.71% of the Issued and Outstanding Shares. As the investment advisor to
Benchmark Opportunitas Fund plc, Barington Offshore Advisors, LLC may be deemed
to beneficially own the 43,227 shares of Common Stock beneficially owned by
Benchmark Opportunitas Fund plc, representing approximately 0.14% of the Issued
and Outstanding Shares. As the investment advisor to Barington Companies
Offshore Fund, Ltd., Barington Offshore Advisors II, LLC may be deemed to
beneficially own the 796,498 shares of Common Stock beneficially owned by
Barington Companies Offshore Fund, Ltd., representing approximately 2.55% of the
Issued and Outstanding Shares. As the majority member of Barington Companies
Investors, LLC, Barington Companies Advisors, LLC, Barington Offshore Advisors,
LLC and Barington Offshore Advisors II, LLC, Barington Capital Group, L.P. may
be deemed to beneficially own the 480,956 shares of Common Stock beneficially
owned by Barington Companies Equity Partners, L.P., the 221,924 shares of Common
Stock beneficially owned by Barington Investments, L.P., the 43,227 shares of
Common Stock beneficially owned by Benchmark Opportunitas Fund plc and the
796,498 shares of Common Stock beneficially owned by Barington Companies
Offshore Fund, Ltd., constituting an aggregate of 1,542,605 shares, representing
approximately 4.93% of the Issued and Outstanding Shares. As the general partner
of Barington Capital Group, L.P., LNA Capital Corp. may be deemed to
beneficially own the 480,956 shares of Common Stock beneficially owned by
Barington Companies Equity Partners, L.P., the 221,924 shares of Common Stock
beneficially owned by Barington Investments, L.P., the 43,227 shares of Common
Stock beneficially owned by Benchmark Opportunitas Fund plc and the 796,498
shares of Common Stock beneficially owned by Barington Companies Offshore Fund,
Ltd., constituting an aggregate of 1,542,605 shares of Common Stock,
representing approximately 4.93% of the Issued and Outstanding Shares. As the
sole stockholder and director of LNA Capital Corp., James A. Mitarotonda may be
deemed to beneficially own the 480,956 shares of Common Stock beneficially owned
by Barington Companies Equity Partners, L.P., the 221,924 shares of Common Stock
beneficially owned by Barington Investments, L.P., the 43,227 shares of Common
Stock beneficially owned by Benchmark Opportunitas Fund plc and the 796,498
shares of Common Stock beneficially owned by Barington Companies Offshore Fund,
Ltd., constituting an aggregate of 1,542,605 shares of Common Stock,
representing approximately 4.93% of the Issued and Outstanding Shares. Mr.
Mitarotonda has sole voting and dispositive power with respect to the 480,956
shares of Common Stock beneficially owned by Barington Companies Equity
Partners, L.P., the 221,924 shares of Common Stock beneficially owned by
Barington Investments, L.P., the 43,227 shares of Common Stock beneficially
owned by Benchmark Opportunitas Fund plc and the 796,498 shares of Common Stock
beneficially owned by Barington Companies Offshore Fund, Ltd. Mr. Mitarotonda
disclaims beneficial ownership of any such shares except to the extent of his
pecuniary interest therein.


<PAGE>

                                                             Page 25 of 34 Pages

      As of June 15, 2007, RJG Capital Partners, L.P. beneficially owns 4,300
shares of Common Stock, representing approximately 0.01% of the Issued and
Outstanding Shares. As the general partner of RJG Capital Partners, L.P., RJG
Capital Management, LLC may be deemed to beneficially own the 4,300 shares owned
by RJG Capital Partners, L.P., representing approximately 0.01% of the Issued
and Outstanding Shares. As the managing member of RJG Capital Management, LLC,
which in turn is the general partner of RJG Capital Partners, L.P., Mr. Gross
may be deemed to beneficially own the 4,300 shares owned by RJG Capital
Partners, L.P., representing approximately 0.01% of the Issued and Outstanding
Shares. Mr. Gross has sole voting and dispositive power with respect to the
4,300 shares owned by RJG Capital Partners, L.P. by virtue of his authority to
vote and dispose of such shares. Mr. Gross disclaims beneficial ownership of any
such shares except to the extent of his pecuniary interest therein.

      As of June 15, 2007, D.B. Zwirn Special Opportunities Fund, L.P.
beneficially owns 34,327 shares of Common Stock, representing approximately
0.11% of the Issued and Outstanding Shares. As of June 15, 2007, D.B. Zwirn
Special Opportunities Fund, Ltd. beneficially owns 67,104 shares of Common
Stock, representing approximately 0.21% of the Issued and Outstanding Shares. As
of June 15, 2007, HCM/Z Special Opportunities LLC beneficially owns 7,908 shares
of Common Stock representing approximately 0.03%, of the Issued and Outstanding
Shares.

      As the manager of D.B. Zwirn Special Opportunities Fund, L.P., D.B. Zwirn
Special Opportunities Fund, Ltd. and HCM/Z Special Opportunities LLC, D.B. Zwirn
& Co., L.P. may be deemed to beneficially own the 34,327 shares of Common Stock
beneficially owned by D.B. Zwirn Special Opportunities Fund, L.P., the 67,104
shares of Common Stock beneficially owned by D.B. Zwirn Special Opportunities
Fund, Ltd. and the 7,908 shares of Common Stock beneficially owned by HCM/Z
Special Opportunities LLC, constituting an aggregate of 109,339 shares,
representing approximately 0.35% of the Issued and Outstanding Shares. As
general partner of D.B. Zwirn & Co., L.P., DBZ GP, LLC may be deemed to
beneficially own the 34,327 shares of Common Stock beneficially owned by D.B.
Zwirn Special Opportunities Fund, L.P., the 67,104 shares of Common Stock
beneficially owned by D.B. Zwirn Special Opportunities Fund, Ltd. and the 7,908
shares of Common Stock beneficially owned by HCM/Z Special Opportunities LLC,
constituting an aggregate of 109,339 shares, representing approximately 0.35% of
the Issued and Outstanding Shares. As the managing member of DBZ GP, LLC, Zwirn
Holdings, LLC may be deemed to beneficially own the 34,327 shares of Common
Stock beneficially owned by D.B. Zwirn Special Opportunities Fund, L.P., the
67,104 shares of Common Stock beneficially owned by D.B. Zwirn Special
Opportunities Fund, Ltd. and the 7,908 shares of Common Stock beneficially owned
by HCM/Z Special Opportunities LLC, constituting an aggregate of 109,339 shares,
representing approximately 0.35% of the Issued and Outstanding Shares. As the
managing member of Zwirn Holdings, LLC, Daniel B. Zwirn may be deemed to
beneficially own the 34,327 shares of Common Stock beneficially owned by D.B.
Zwirn Special Opportunities Fund, L.P., the 67,104 shares of Common Stock
beneficially owned by D.B. Zwirn Special Opportunities Fund, Ltd. and the 7,908
shares of Common Stock beneficially owned by HCM/Z Special Opportunities LLC,
constituting an aggregate of 109,339 shares, representing approximately 0.35% of
the Issued and Outstanding Shares. Mr. Zwirn has sole voting and dispositive
power with respect to the 34,327 shares of Common Stock beneficially owned by
D.B. Zwirn Special Opportunities Fund, L.P., the 67,104 shares of Common Stock
beneficially owned by D.B. Zwirn Special Opportunities Fund, Ltd. and the 7,908
shares of Common Stock beneficially owned by HCM/Z Special Opportunities LLC.
Mr.


<PAGE>

                                                             Page 26 of 34 Pages

Zwirn disclaims beneficial ownership of such shares except to the extent of his
pecuniary interest therein.

      The Reporting Entities do not believe that certain of the foregoing
information is called for by the Items of Schedule 13D and are disclosing it for
supplemental informational purposes only. Information with respect to each of
the Reporting Entities is given solely by such Reporting Entity and no Reporting
Entity shall have responsibility for the accuracy or completeness of information
supplied by another Reporting Entity.

      (b) Each of the Reporting Entities may be deemed to have sole voting and
dispositive power over the shares of Common Stock reported as beneficially owned
by such person by virtue of their respective positions as described in paragraph
(a).

      Each of the other Reporting Entities may be deemed to have sole voting and
dispositive power with respect to the shares each reports as beneficially owned
by such person, regardless of the fact that multiple Reporting Entities within
the same chain of ownership report sole voting and dispositive power with
respect to such shares. Each such Reporting Entity reports sole voting and
dispositive power with respect to such shares based on such person's
relationship to the other Reporting Entities within the same chain of ownership.
Except to the extent expressly stated herein, each Reporting Entity disclaims
beneficial ownership of any shares of Common Stock beneficially owned by any
other Reporting Entity.

      (c) Information concerning all transactions in shares of Common Stock
effected by the Reporting Persons since the filing of the Statement are
described in the Schedule attached hereto and incorporated herein by reference.


Item 7. Material to be Filed as Exhibits.

<TABLE>
<CAPTION>
Exhibit No.                Exhibit Description                                                            Page
- -----------                -------------------                                                            ----
- ------------------------------------------------------------------------------------------------------------------------------------
         <S>             <C>                                                                           <C>
        99.2           Letter, dated June 15, 2007, from James A. Mitarotonda, the                    32 to 34
                       Chairman and Chief Executive Officer of Barington Capital
                       Group, L.P., to John B. Gerlach, Jr., the Chairman of the
                       Board, Chief Executive Officer and President of the Company.
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>


<PAGE>

                                                             Page 27 of 34 Pages

                                   SIGNATURES

      After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certify that the information set forth in this
Statement is true, complete and correct.

Dated: June 15, 2007

                                   BARINGTON COMPANIES EQUITY PARTNERS, L.P.
                                   By:  Barington Companies Investors, LLC, its
                                        general partner

                                   By: /s/ James A. Mitarotonda
                                       ----------------------------
                                   Name:   James A. Mitarotonda
                                   Title:  Managing Member

                                   BARINGTON COMPANIES INVESTORS, LLC

                                   By: /s/ James A. Mitarotonda
                                       ----------------------------
                                   Name:   James A. Mitarotonda
                                   Title:  Managing Member

                                   BARINGTON INVESTMENTS, L.P.
                                   By: Barington Companies Advisors, LLC, its
                                       general partner

                                   By: /s/ James A. Mitarotonda
                                       ----------------------------
                                   Name:   James A. Mitarotonda
                                   Title:  Managing Member

                                   BARINGTON COMPANIES ADVISORS, LLC

                                   By: /s/ James A. Mitarotonda
                                       ----------------------------
                                   Name:   James A. Mitarotonda
                                   Title:  Managing Member

                                   BENCHMARK OPPORTUNITAS FUND PLC
                                   By: Barington Offshore Advisors, LLC

                                   By: /s/ James A. Mitarotonda
                                       ----------------------------
                                   Name:   James A. Mitarotonda
                                   Title:  Managing Member


<PAGE>

                                                             Page 28 of 34 Pages

                                   BARINGTON OFFSHORE ADVISORS, LLC

                                   By: /s/ James A. Mitarotonda
                                       ----------------------------
                                   Name:   James A. Mitarotonda
                                   Title:  Managing Member

                                   BARINGTON COMPANIES OFFSHORE FUND, LTD.

                                   By: /s/ James A. Mitarotonda
                                       ----------------------------
                                   Name:   James A. Mitarotonda
                                   Title:  President

                                   BARINGTON OFFSHORE ADVISORS II, LLC

                                   By: /s/ James A. Mitarotonda
                                       ----------------------------
                                   Name:   James A. Mitarotonda
                                   Title:  Managing Member

                                   BARINGTON CAPITAL GROUP, L.P.
                                   By:  LNA Capital Corp., its general
                                        partner

                                   By: /s/ James A. Mitarotonda
                                       ----------------------------
                                   Name:   James A. Mitarotonda
                                   Title:  President and CEO

                                   LNA CAPITAL CORP.

                                   By: /s/ James A. Mitarotonda
                                       ----------------------------
                                   Name:   James A. Mitarotonda
                                   Title:  President and CEO

                                   /s/ James A. Mitarotonda
                                   ----------------------------
                                   James A. Mitarotonda

                                   RJG CAPITAL PARTNERS, L.P.

                                   By: RJG Capital Management, LLC, its
                                       general partner

                                   By: /s/ Ronald J. Gross
                                       ----------------------------
                                   Name:   Ronald J. Gross
                                   Title:  Managing Member


<PAGE>

                                                             Page 29 of 34 Pages

                                   RJG CAPITAL MANAGEMENT, LLC

                                   By: /s/ Ronald J. Gross
                                       -----------------------
                                   Name:   Ronald J. Gross
                                   Title:  Managing Member

                                   /s/ Ronald J. Gross
                                   -----------------------
                                   Ronald J. Gross

                                   D.B. ZWIRN SPECIAL
                                   OPPORTUNITIES FUND, L.P.
                                   By: D.B. Zwirn Partners, LLC, its
                                       general partner
                                   By: Zwirn Holdings, LLC, its managing
                                       member

                                   By: /s/ Daniel B. Zwirn
                                       -----------------------
                                   Name:   Daniel B. Zwirn
                                   Title:  Managing Member

                                   D.B. ZWIRN SPECIAL
                                   OPPORTUNITIES FUND, LTD.
                                   By: D.B. Zwirn & Co., L.P., its manager
                                   By: DBZ GP, LLC, its general partner
                                   By: Zwirn Holdings, LLC, its managing
                                       member

                                   By: /s/ Daniel B. Zwirn
                                       -----------------------
                                   Name:   Daniel B. Zwirn
                                   Title:  Managing Member

                                   HCM/Z SPECIAL OPPORTUNITIES LLC
                                   By: D.B. Zwirn & Co., L.P., its manager
                                   By: DBZ GP, LLC, its general partner
                                   By: Zwirn Holdings, LLC, its managing
                                       member

                                   By: /s/ Daniel B. Zwirn
                                       -----------------------
                                   Name:   Daniel B. Zwirn
                                   Title:  Managing Member


<PAGE>

                                                             Page 30 of 34 Pages

                                   D.B. ZWIRN & CO., L.P.
                                   By: DBZ GP, LLC, its general partner
                                   By: Zwirn Holdings, LLC, its managing
                                       member

                                   By: /s/ Daniel B. Zwirn
                                       -----------------------
                                   Name:   Daniel B. Zwirn
                                   Title:  Managing Member

                                   DBZ GP, LLC
                                   By: Zwirn Holdings, LLC, its managing
                                       member

                                   By: /s/ Daniel B. Zwirn
                                       -----------------------
                                   Name:   Daniel B. Zwirn
                                   Title:  Managing Member

                                   ZWIRN HOLDINGS, LLC

                                   By: /s/ Daniel B. Zwirn
                                       -----------------------
                                   Name:   Daniel B. Zwirn
                                   Title:  Managing Member

                                   /s/ Daniel B. Zwirn
                                   -----------------------
                                   Daniel B. Zwirn


<PAGE>

                                                             Page 31 of 34 Pages

                                    SCHEDULE

      This schedule sets forth information with respect to each purchase or sale
of Common Stock which was effectuated by a Reporting Entity since the filing of
the Statement. All transactions were effectuated in the open market through a
broker.

Shares purchased by Barington Companies Equity Partners, L.P.

              Number of
Date            Shares          Price Per Share           Cost(*)
- ----         -----------        ---------------       --------------
5/1/2007        8,675              $42.3781             $367,630.02

Shares purchased by Barington Investments, L.P.

              Number of
Date            Shares          Price Per Share           Cost(*)
- ----         -----------        ---------------       --------------
5/1/2007        2,673              $42.3781             $113,276.66

Shares purchased by Benchmark Opportunitas Fund plc

              Number of
Date            Shares          Price Per Share           Cost(*)
- ----         -----------        ---------------       --------------
5/1/2007         445               $42.3781              $18,858.25

Shares purchased and sold by D.B. Zwirn Special Opportunities Fund, L.P.

              Number of
Date            Shares          Price Per Share           Cost(*)
- ----         -----------        ---------------       --------------
1/26/2007(**)   (598)              $45.1504            $(26,999.94)
5/1/2007         163               $42.3781            $6,907.63

Shares purchased and sold by D.B. Zwirn Special Opportunities Fund, Ltd.

              Number of
Date            Shares          Price Per Share           Cost(*)
- ----         -----------        ---------------       --------------
1/26/2007(**)   (859)              $45.1504            $(38,784.19)
5/1/2007         244               $42.3781            $10,340.26

(*)   Excludes commissions and other execution-related costs.

(**)  Transaction is amended and restated.


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>2
<FILENAME>e27642ex99-2.txt
<DESCRIPTION>LETTER
<TEXT>
                                                             Page 32 of 34 Pages

                                                                    EXHIBIT 99.2

                          Barington Capital Group, L.P.
                               888 Seventh Avenue
                            New York, New York 10019

June 15, 2007

John B. Gerlach, Jr.
Chairman of the Board, Chief Executive
  Officer and President
Lancaster Colony Corporation
37 West Broad Street
Columbus, Ohio 43215

Dear Mr. Gerlach:

As you know,  it has been over 14 months since we first met with you and members
of your  management  team to discuss our proposals to improve the  profitability
and share price performance of Lancaster Colony  Corporation,  including,  among
other things,  the  divestiture  of the Company's  Automotive  and Glassware and
Candles segments.  Unfortunately,  it appears that little progress has been made
toward achieving these objectives to date.

We  appreciate  that since our first  meeting the Company has  acknowledged  the
potential  benefits of exiting its non-core business segments and announced that
it has  commenced a process of  "exploring a number of  strategic  alternatives,
including potential  divestitures,  among its non-food  businesses."  (Lancaster
press  release,  April 28, 2006) Given the decline in the  performance  of these
business segments,  such action was long overdue.  Based on the Company's public
filings,  over the  course of your  tenure as the Chief  Executive  Officer  the
operating  margin of the  Glassware  and  Candles  segment  has  declined  by 22
percentage  points  - from  24.2%  in  fiscal  1997 to 2.2% in the  most  recent
trailing  twelve month  period ended March 31, 2007.  Over the same time period,
the  operating  margin  of the  Automotive  segment  has  declined  by  over  10
percentage  points,  from 8.6% in fiscal 1997 to a (1.7%)  operating loss during
the most recent trailing twelve month period.

In the  Company's  April 28,  2006 press  release,  you stated,  "After  careful
review, we felt there may be actions we could undertake aimed at solidifying our
focus  on  the  company's  best  growth  opportunities,   reducing  our  capital
expenditure needs and lessening our operating  volatility." Although more than a
year has passed  since you issued that  statement - a period of time that in our
view  should  have been more than  sufficient  to  accomplish  these goals - the
Company has failed to announce any  significant  progress  toward these ends. To
date, the only accomplishments announced by the Company have been the closure of
one  industrial  glass  manufacturing  operation  and the sale of an  automotive
accessory  business  located in  Wapakoneta,  Ohio: a $26 million  business that
represents less than 2% of the Company's trailing twelve month revenues.


<PAGE>

                                                             Page 33 of 34 Pages

We are extremely  disappointed  that this is all the Company has to show for its
efforts.  In our opinion,  such little progress after such an extended period of
time has done little, if anything, to benefit Lancaster's public shareholders as
the Company's stock continues to languish. As you know,  Lancaster's share price
performance  has  consistently  lagged behind the Company's peers as well as the
market as a whole by a wide  margin  for some  time  now,  as shown by the table
below:

<TABLE>
<CAPTION>
                                              1 Year                3 Years                5 Years                 10 Years
                                       (6/30/06 - 6/12/07)    (6/30/04 - 6/12/07)    (6/30/02 - 6/12/07)     (6/30/97 - 6/12/07)
                                       -------------------    -------------------    -------------------     -------------------
<S>                                            <C>                    <C>                   <C>                     <C>
Lancaster Colony Corporation                   5.5%                   0.0%                  16.8%                   29.2%
Dow Jones U.S. Food Producers Index           13.5%                  24.0%                  39.6%                   42.6%
Russell 2000 Index                            13.4%                  38.9%                  77.6%                   107.3%
S&P Midcap 400 Index                          16.3%                  46.4%                  81.8%                   210.4%
</TABLE>

Furthermore, management's failure to promptly divest these business segments has
prolonged  the time that the Company  continues to operate under what we believe
to be an inefficient  "holding company" structure,  which has imposed additional
corporate level expenses on the Company and its public shareholders.

We believe that the Company's  Automotive  and Glassware and Candles  businesses
have not only served as a distraction  from the Company's core  Specialty  Foods
business - which has seen its operating margins decline from greater than 20% in
fiscal 2001 to 15.4%  during the most recent  trailing  twelve  month  period to
12.4% in the most  recent  quarter  ended  March  31,  2007 - but have also been
poorly received by the marketplace, as the Company trades at approximately a 20%
discount to the EV/EBITDA multiple enjoyed by its Specialty Foods peer group.(1)
Moreover,   these  two  lower-margin  businesses  have  failed  to  provide  any
meaningful  strategic or  synergistic  benefits to the Company's  core Specialty
Foods business.  In light of the foregoing,  we strongly believe that the prompt
disposition  of  the   Automotive  and  Glassware  and  Candles   businesses  is
imperative.

In addition,  we reiterate our recommendation that while the Company pursues the
divestiture  of its  non-core  business  segments,  its  management  team should
concurrently  be taking  action to improve the  profitability  of the  Company's
Specialty  Foods segment,  including  cost cuts and other  initiatives to return
this segment to historical  levels of profitability  with an operating margin of
at least 20%.

Finally,  we  strongly  recommend  that you take  steps to  improve  Lancaster's
capital  structure and demonstrate to shareholders that the Company is committed
to  enhancing  shareholder  value on a  long-term  basis.  In our  opinion,  the
Company's  balance  sheet,  as it currently  stands,  is  sub-optimal.  While we
certainly  support a conservative  capital  structure,  as the Company's balance
sheet is currently debt-free and the cost of debt is significantly less than the
cost of  equity,  we feel that the  incurrence  of $300  million  in debt by the
Company in order to finance a self-tender offer (or similar  transaction)  would
create  significant  value  for  shareholders,  improve  the  Company's  capital
structure and re-iterate the Company's dedication to long-term value creation.

- ----------
(1)   Calculation  based on the average  EV/EBITDA  multiple for the most recent
      trailing twelve month period for the Dow Jones U.S. Food Producers Index


<PAGE>

                                                             Page 34 of 34 Pages

Barington  Capital Group,  L.P. has been a patient investor in Lancaster because
we believe that the Company is  significantly  undervalued and has the potential
to deliver  considerably  better returns to shareholders.  However,  we find the
Company's plummeting profitably ratios and disappointing share price performance
under your  leadership over the past ten years to be entirely  unacceptable  and
eroding value for the public  shareholders of the Company.  We believe that time
is now of the  essence  and hope  that you will be  taking  immediate  action to
address the issues we have discussed.

Sincerely,

/s/ James A. Mitarotonda

James A. Mitarotonda
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
