COMMERCIAL METALS Co — Director's Dealing 2003

Nov 12, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: PASSMORE MALINDA G (Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-11	Common Stock	M	2305	$17.165	Acquired	2609	Direct
2003-11-11	Common Stock	M	2306	$11.7625	Acquired	4915	Direct
2003-11-11	Common Stock	S	4411	$25	Disposed	504	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-11-11	Non-Qualified Stock Option (right to buy)	$11.7625	M	2306	Disposed	2008-02-02	Common Stock (2306)	Direct
2003-11-11	Non-Qualified Stock Option (right to buy)	$17.165	M	2305	Disposed	2009-02-04	Common Stock (2305)	Direct

Footnotes

F1: 50% vests one year from date of grant; balance vests two years from date of grant.