ASSOCIATED BANC-CORP — Director's Dealing 2003

Dec 10, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASSOCIATED BANC-CORP (ASBC)
CIK: 0000007789
Period of Report: 2003-12-09

Reporting Person: WEBER GORDON J (President, Corporate Banking)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-09	Common Stock $.01 Par Value	M	5100	$31.8636	Acquired	81845.901	Direct
2003-12-09	Common Stock $.01 Par Value	S	5100	$42.2	Disposed	76745.901	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-09	Non-Qualified Stock Option (right to buy)	$31.8636	M	5100	Disposed	2012-01-23	Common Stock $.01 Par Value (5100)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $.01 Par Value	30389.14	Indirect
Common Stock $.01 Par Value	617.428	Indirect
Common Stock $.01 Par Value	1276.679	Indirect
Common Stock $.01 Par Value	854.304	Indirect
Common Stock $.01 Par Value	432.677	Indirect