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COMMERCE BANK HOLDS RIBBON CUTTING TO CELEBRATE NEW TOWER GROVE BANKING CENTER

Ribbon made of $500 in twenty-dollar bills donated to South City Open Studio and Gallery for Children

ST. LOUIS, MO. (November 3, 2004) --- Commerce Bank has opened a new full-service Tower Grove branch, located at 3134 S. Grand, on the corner of South Grand and Hartford. The new banking center replaces the former Tower Grove branch located at this site and offers a complete range of retail, commercial and investment services.

Commerce Bank executives, along with Mayor Francis Slay and St. Louis City officials held a ribbon-cutting ceremony on Tuesday, September 14, 2004 to commemorate the branch's opening.

"This is an historic day for Commerce Bank and the Tower Grove community," said Slay. "This new branch exemplifies Commerce Bank's outstanding commitment to the growth of the Tower Grove community and to the people who live here."

The $500 ribbon for the ceremony was constructed of twenty-dollar bills and was presented to Jenna Bauer, Director, South City Open Studio and Gallery for Children. The not-for-profit organization is dedicated to providing a safe and educational environment for children to explore the Arts and also to strengthen the ties within the St. Louis neighborhood, it's families and it's youth.

Fran Fanara, Senior Vice President and Group Manager for Commerce Bank in St. Louis commented, "We're very proud and excited to celebrate the new Tower Grove Banking Center with our community. This state-of-the-art facility will allow us to be even better able to meet the financial needs of our customers. In addition, the new building demonstrates Commerce Bank's commitment to premier customer service within the community."

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:
Jeanne Howard
Regional Marketing Manager
314-746-3672
Website: www.commercebank.com
e-mail: mymoney@commercebank.com
SYMBOL: CBSH

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