ASSOCIATED BANC-CORP — Director's Dealing 2005

May 20, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASSOCIATED BANC-CORP (ASBC)
CIK: 0000007789
Period of Report: 2005-05-16

Reporting Person: B0DAGER BRIAN R (CAO, General Counsel & Secy)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-05-16	Common Stock $.01 Par Value	J	100.348	$32.0634	Acquired	92427.028	Direct
2005-05-16	Common Stock $.01 Par Value	J	60.38	$32.0634	Acquired	92487.408	Direct
2005-05-16	Common Stock $.01 Par Value	J	2.608	$32.0634	Acquired	312.279	Indirect
2005-05-16	Common Stock $.01 Par Value	J	12.641	$32.1017	Acquired	1515.645	Indirect
2005-05-16	Common Stock $.01 Par Value	J	14.176	$32.1017	Acquired	1699.667	Indirect
2005-05-16	Common Stock $.01 Par Value	J	14.176	$32.1017	Acquired	1699.667	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $.01 Par Value	24667.32	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.