COMMERCIAL METALS Co - Director's Dealing 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCIAL METALS CO (CMC)
CIK: 0000022444
Period of Report: 2005-01-20

Reporting Person: MASSARO ANTHONY A (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-01-20	Common Stock	M	6000	$7.984	Acquired	10000	Direct
2005-01-20	Common Stock	M	6000	$5.493	Acquired	16000	Direct
2005-01-20	Common Stock	M	17116	$5.493	Acquired	33116	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-01-20	Non-Qualified Stock Option (right to buy)	$5.493	M	6000	Disposed	2008-01-25	Common Stock (6000)	Direct
2005-01-20	Non-Qualified Stock Option (right to buy)	$5.493	M	17116	Disposed	2008-01-25	Common Stock (17116)	Direct
2005-01-20	Non-Qualified Stock Option (right to buy)	$7.984	M	6000	Disposed	2007-01-27	Common Stock (6000)	Direct

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