CENTENE CORP — Director's Dealing 2011

Apr 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTENE CORP (CNC)
CIK: 0001071739
Period of Report: 2011-03-31

Reporting Person: ROBERTS JOHN R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-31	Common Stock	A	955.073	$32.72	Acquired	42224.01	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25614	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Option (right to buy)	$16.91	2018-12-10	Common Stock (5000)	5000	Direct
Common Stock Option (right to buy)	$16.65	2014-05-04	Common Stock (10000)	10000	Direct

Footnotes

F1: Mr. Roberts' ownership includes 4,055 shares of restricted stock which are subject to vesting requirements.

F2: Owned by a revocable trust for the benefit of Mr. Roberts' spouse.