ASSOCIATED BANC-CORP — Director's Dealing 2005

Dec 28, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASSOCIATED BANC-CORP (ASBC)
CIK: 0000007789
Period of Report: 2005-12-27

Reporting Person: WEBER GORDON J (Executive Vice President,)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-12-27	Common Stock $.01 Par Value	M	2016	$22.2	Acquired	116113.643	Direct
2005-12-27	Common Stock $.01 Par Value	S	3000	$32.8	Disposed	113113.643	Direct
2005-12-27	Common Stock $.01 Par Value	M	984	$15.52	Acquired	114097.643	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-12-27	Non-Qualified Stock Option (right to buy)	$15.52	M	984	Disposed		Common Stock $.01 Par Value (984)	Direct
2005-12-27	Non-Qualified Stock Option (right to buy)	$22.2	M	2016	Disposed	2008-01-28	Common Stock $.01 Par Value (2016)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $.01 Par Value	30553.31	Indirect
Common Stock $.01 Par Value	670.431	Indirect
Common Stock $.01 Par Value	1134.388	Indirect
Common Stock $.01 Par Value	866.349	Indirect
Common Stock $.01 Par Value	692.011	Indirect

Footnotes

F1: This transaction was completed pursuant to the terms the insider established in a Rule 10b5-1 Trading Plan, as entered into on 12/9/05.

F2: Options expire 10 years from the date of grant.