COMMERCIAL METALS Co — Director's Dealing 2003

Dec 24, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCIAL METALS CO (CMC)
CIK: 0000022444
Period of Report: 2003-12-23

Reporting Person: SUDBURY DAVID M (V.P., Secy. & Gen. Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-23	Common Stock	M	12000	$12.25	Acquired	111054	Direct
2003-12-23	Common Stock	F	4772	$30.81	Disposed	106282	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-23	Non-Qualified Stock Option (right to buy)	$12.25	M	12000	Disposed	2005-02-10	Common Stock (12000)	Direct