COMMERCIAL METALS Co — Director's Dealing 2007

Jun 25, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCIAL METALS CO (CMC)
CIK: 0000022444
Period of Report: 2007-06-22

Reporting Person: FEDERLE LOUIS A (Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-22	Common Stock	A	1610	—	Acquired	92269	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-06-22	Stock Appreciation Rights	$34.28	A	14750	Acquired	2014-06-22	Common Stock (14750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000	Indirect

Footnotes

F1: Award of restricted stock under 2006 Long-Term Equity Incentive Plan. Restrictions lapse as to one-third of the shares after one year, one-third after second year and as to remainder after three years.

F2: Stock Appreciation Rights issued under the 2006 Long-Term Equity Incentive Plan. Rights vest as to one-third after one year; one-third after two years and the remainder after the third year.