ASSOCIATED BANC-CORP — Director's Dealing 2009

May 21, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASSOCIATED BANC-CORP (ASBC)
CIK: 0000007789
Period of Report: 2009-05-15

Reporting Person: Papachristou Nicholas (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-05-15	Common Stock $.01 Par Value	A	1.8	—	Acquired	79.5	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $.01 Par Value	5374	Direct

Footnotes

F1: Based on an account valuation as of May 20, 2009, reflecting the settlement of inter-plan transfers into the stock fund which occurred on May 15, 2009.

F2: The closing price of Associated Banc-Corp common stock on May 15, 2009 was $15.66 per share.