COMMERCE BANCSHARES INC /MO/ — Director's Dealing 2007

Jan 3, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2006-12-31

Reporting Person: MEEK TERRY O (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-31	Common Stock	A	18	$48.41	Acquired	20842	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2787	Indirect
Common Stock	2510	Indirect
Common Stock	2510	Indirect
Common Stock	2510	Indirect
Common Stock	2510	Indirect

Footnotes

F1: Stock holdings adjusted to include 5% stock dividend -- record date 11/29/2006; payable date 12/13/2006

F2: Shares purchased under Commerce Bancshares, Inc. stock purchase plan for non-employee directors.