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(St. Louis, Missouri, July 27, 2007) — Commerce Bancshares, Inc. (CBSH) announced that its Board of Directors has approved a regular quarterly dividend of $0.25 per share on the company's common stock payable September 26, 2007, to stockholders of record at the close of business on September 13, 2007.
In other board business today, David W. Kemper, chairman of the board of directors of Commerce Bancshares, Inc. announced the election of Dan Simons to the Board of Directors. Mr. Simons is president of the Electronic Division of The World Company of Lawrence, Kansas. “We are very pleased to have Dan Simons join the Commerce Bancshares, Inc. Board of Directors," commented David W. Kemper. “The World Company is one of the leading independent media companies in the country. Dan will bring a wealth of experience in both digital and print media to our financial service businesses.”
About Commerce Bancshares, Inc.
Commerce Bancshares Inc. (NASDAQ: CBSH) is a $15.5 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, Illinois, Oklahoma and Colorado 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
www.commercebank.com
mymoney@commercebank.com
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