COMMERCE BANCSHARES INC /MO/ — Director's Dealing 2005

Mar 7, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2005-03-07

Reporting Person: KEMPER DAVID W (Director, Chairman of the Board, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-03-07	Common Stock	G	3755	—	Disposed	1008682	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1534	Indirect
Common Stock	19031	Indirect
Common Stock	19035	Indirect
Common Stock	5990	Indirect
Common Stock	19035	Indirect
Common Stock	2002568	Indirect
Common Stock	39897	Indirect
Common Stock	143533	Indirect
Common Stock	19022	Indirect