COMMERCIAL METALS Co — Director's Dealing 2003

Nov 13, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCIAL METALS CO (CMC)
CIK: 0000022444
Period of Report: 2003-11-12

Reporting Person: LARSON WILLIAM B (V.P. & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-12	Common Stock	M	2600	$13.805	Acquired	27608	Direct
2003-11-12	Common Stock	F	1452	$24.735	Disposed	26156	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-11-12	Non-Qualified Stock Option (right to buy)	$13.805	M	2600	Disposed	2003-12-23	Common Stock (2600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1866	Indirect