COMMERCE BANCSHARES INC /MO/ — Director's Dealing 2004

Nov 4, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2004-11-02

Reporting Person: BARTH KEVIN G (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-02	Common Stock	A	5000	—	Acquired	13295	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8569	Indirect
Common Stock	4218	Indirect

Footnotes

F1: Award of stock pursuant to Commerce Bancshares, Inc. Restricted Stock Plan.

F2: At 12/31/2002, an additional 7,119 common shares were held indirectly through a 401(K) plan, and 6,290 common shares were held directly.