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MICHAEL HARTMANN JOINS COMMERCE BANK

Focus On Underwriting Municipal Bonds

Columbia, MO - September 29, 2004 - Michael Hartmann has joined Commerce Bank's Capital Markets Group (CMG) working in the Public Finance Division as Vice President of Investment Banking. Hartmann is responsible for working with municipalities and state government to provide underwriting and financing for public projects. Based in Columbia, Mo., Hartmann will cover municipalities in Missouri, Kansas and Illinois, the states in which Commerce operates.

Hartman comes to Commerce Bank with 25 years of government experience in Missouri in a variety of divisions and positions. He has most recently served as Chief of Staff for Governors Bob Holden, Roger Wilson and Mel Carnahan.

"We are extremely lucky to get Mike to join the Capital Markets Group and Commerce Bank team," said Steve Kitts, senior vice president, Capital Markets Group, Commerce Bank. "Supporting communities throughout our footprint is a very important part of our mission at Commerce Bank. Finding ways to assist with the underwriting of municipal bonds is just one way we can help keep the Midwest a strong and vital place to live and do business. We think Mike will help Commerce deliver on this effort."

A Missouri native, Hartmann attended the University of Missouri, Columbia, Mo., where he earned both a bachelor's of arts and a master's of arts degree in Geography. He received a master's degree in City and Regional Planning from Harvard University, Cambridge, Ma.

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:
Nancy E. Levin, APR
Director, Regional Marketing
816-234-2632
Website: www.commercebank.com
e-mail: mymoney@commercebank.com
SYMBOL: CBSH

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