ASSOCIATED BANC-CORP — Director's Dealing 2003

Sep 17, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: OLSEN ARTHUR E (Audit Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-09-12	Common Stock $.01 Par Value	A	8.16	—	Acquired	6842.78	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $.01 Par Value	3296.74	Direct

Footnotes

F1: Based on an account valuation as of September 16, 2003, reflecting the settlement of inter-plan transfers into the stock fund which occurred on September 12, 2003.

F2: The closing price of Associated Banc-Corp stock on 8/29/03 was $38.18 per share.

F3: Total includes adjustment in shares at 9/30/95 in 401k trust account for which shares were purchased during the third quarter of 1995; Reporting person has elected a redistribution of shares within Plan effective 7/1/95 pursuant to an irrevocable election dated 12/16/94.