ASSOCIATED BANC-CORP — Director's Dealing 2005

May 24, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASSOCIATED BANC-CORP (ASBC)
CIK: 0000007789
Period of Report: 2005-05-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-05-20	Common Stock $.01 Par Value	A	3.56	—	Acquired	29909.32	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $.01 Par Value	127671.112	Direct
Common Stock $.01 Par Value	662.779	Indirect
Common Stock $.01 Par Value	2007.804	Indirect
Common Stock $.01 Par Value	1344.058	Indirect
Common Stock $.01 Par Value	680.722	Indirect

Footnotes

F1: Based on an account valuation as of May 24, 2005, reflecting the settlement of inter-plan transfers into the stock fund which occurred on May 20, 2005.

F2: The closing price of Associated Banc-Corp common stock on May 20, 2005 was $32.83 per share.