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COMMERCE BANK PROMOTES BRIAN ESTHER TO PRESIDENT

Jerry Benson To Serve As Chairman of the Board

Lebanon, MO - July 15, 2004 - Commerce Bank announces Brian Esther has been promoted to community president of Commerce Bank of Lebanon. Jerry Benson, who made the official announcement, will continue serving with Commerce as chairman of the board.

Esther is a native and life-long resident of Lebanon with more than 20 years of experience at Commerce. His background includes serving in key positions with the Bank, most recently serving as vice president and commercial lender.

A 1976 graduate of Lebanon High School, Esther earned a bachelor's degree in business with a major in marketing and minor in agricultural economics from the University of Missouri - Columbia in 1980. Prior to establishing his banking career with Commerce, he spent several years working in the cattle industry as a producer, livestock dealer and commodity broker.

Active in the community, Esther served three terms as a member of the Lebanon R-3 School Board and, over the years, he has served numerous other civic and charitable organizations. Currently, he is an active member of Lebanon Rotary Club, the Lebanon Education Foundation Board, and the Lebanon Area Community Development Corporation.

Benson commented, "Brian Esther is an outstanding banker and community leader. He has a deep understanding of the customer relationships in Lebanon and his in-depth knowledge will continue to ensure we are delivering the highest level of quality banking services to our customers and the community."

Esther and his wife, Ginger, have two children, Cody, age 17 and Hayley age 14.

About Commerce Bank
Commerce Bank is the principal subsidiary of Commerce Bancshares, Inc. (NASDAQ: CBSH), a $14.4 billion regional bank holding company. For more than 135 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 currently operates in approximately 330 locations in Missouri, Illinois and Kansas. Commerce also has operating subsidiaries involved in mortgage banking, credit related insurance, venture capital and real estate activities.

For more information contact:
Susan Kirkman
Regional Marketing Manager
417-837-5333
Website: www.commercebank.com
e-mail: mymoney@commercebank.com
SYMBOL: CBSH

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