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St. Louis, MO, February 2, 2007 — Commerce Bancshares, Inc. announced today that its Board of Directors approved the additional purchase of up to 2,844,425 shares of company stock. This, coupled with the shares left to be purchased under the prior authorization will provide the Company with authority to repurchase 4,000,000 shares. About Commerce Bancshares, Inc.
Commerce Bancshares Inc. (NASDAQ: CBSH) is a $15.2 billion regional bank holding company. For more than 140 years, Commerce has been meeting the financial services needs of individuals and businesses. Commerce provides a diversified line of financial services, including business and personal banking, wealth management and estate planning and investments through its affiliated companies. Commerce operates in the Midwest, primarily in Missouri, Kansas and Illinois with nearly 360 locations and also has operating subsidiaries involved in mortgage banking, credit related insurance, venture capital and real estate activities.
For more information contact:
Jeffery D. Aberdeen
Controller
(816) 234-2081
Website: www.commercebank.com
e-mail: mymoney@commercebank.com
SYMBOL: CBSH
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