ASSOCIATED BANC-CORP — Director's Dealing 2005

Jan 5, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASSOCIATED BANC-CORP (ASBC)
CIK: 0000007789
Period of Report: 2004-12-31

Reporting Person: Fischer Daniel C (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-31	Common Stock $.01 Par Value	A	21.13	—	Acquired	332.56	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $.01 Par Value	3550	Direct
Common Stock $.01 Par Value	14	Indirect
Common Stock $.01 Par Value	13	Indirect
Common Stock $.01 Par Value	13	Indirect

Footnotes

F1: Based on an account valuation as of January 4, 2005, reflecting the settlement of inter-plan transfers into the stock fund which occurred on December 31, 2004.

F2: The closing price of Associated Banc-Corp common stock on December 31, 2004 was $33.23 per share.