ASSOCIATED BANC-CORP — Director's Dealing 2003

Nov 21, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASSOCIATED BANC-CORP (ASBC)
CIK: 0000007789
Period of Report: 2003-11-17

Reporting Person: OLSEN ARTHUR E (Audit Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-17	Common Stock $.01 Par Value	J	27.208	$41.8224	Acquired	3373.977	Direct
2003-11-17	Common Stock $.01 Par Value	J	18.411	$41.8224	Acquired	3392.388	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $.01 Par Value	6893.64	Indirect

Footnotes

F1: Total includes adjustment in shares for exempt purchases in issuer's Dividend Reinvestment Plan since insider's last reporting.

F2: Total includes adjustment in shares for exempt purchases in issuer's Employee Stock Purchase Plan since insider's last reporting.