ASSOCIATED BANC-

ASSOCIATED BANC- portfolio companies for quarter ending December 2011

Ticker Name Portfolio Weight Share Count Price Last Trade
KMB Kimberly-Clark Corporation 8.82 1295462 73.56 102.01
ASBC Associated Banc- 5.14 4969272 11.17 15.21
AAPL Apple 3.55 94529 405.00 438.94
CVX Chevron Corporation 2.42 245297 106.40 124.89
XOM Exxon Mobil Corporation 2.41 307288 84.76 91.76
CAT Caterpillar 2.26 269359 90.60 86.37
PM Philip Morris International 2.19 301706 78.48 93.92
SLB Schlumberger 2.11 332835 68.31 77.24
GOOG Google 1.96 32843 645.90 887.72
APA Apache Corporation 1.79 213692 90.58 80.86
CMI Cummins 1.74 213552 88.02 117.11
CELG Celgene Corporation 1.59 253857 67.60 121.89
JCI Johnson Controls 1.51 521242 31.26 37.55
DIS Walt Disney Company 1.50 431147 37.50 64.96
PG Procter & Gamble Company 1.49 241823 66.71 78.75
INTC Intel Corporation 1.43 637649 24.25 23.95
MCD McDonald's Corporation 1.42 152761 100.33 101.87
HUM Humana 1.39 171285 87.61 78.97
GLD SPDR Gold Trust 1.25 89092 151.99 133.98
KO Coca-Cola Company 1.22 188158 69.97 42.17
TWX Time Warner 1.16 346415 36.14 60.71
QCOM QUALCOMM 1.10 217313 54.70 65.81
COP ConocoPhillips 1.04 154504 72.87 62.29
PFE Pfizer 1.02 511273 21.64 28.41
PEP Pepsi 1.02 165292 66.35 82.57
APD Air Products & Chemicals 0.97 122755 85.19 93.33
CTSH Cognizant Technology Solutions 0.94 157545 64.31 64.08
Nabors Industries Ltd shs 0.93 578656 17.34 0.00
ABT Abbott Laboratories 0.89 169978 56.23 37.59
DHR Danaher Corporation 0.88 202538 47.04 62.47
MSFT Microsoft Corporation 0.86 358103 25.96 34.92
BRK.B Berkshire Hathaway 0.84 118990 76.30 0.00
GE General Electric Company 0.84 504755 17.91 23.53
FCX Freeport-McMoRan Copper & Gold 0.83 245047 36.79 30.88
BHP BHP Billiton 0.80 122603 70.63 66.34
Potash Corp. Of Saskatchewan I 0.79 207351 41.28 0.00
TROW T. Rowe Price 0.78 148009 56.95 78.36
JNJ Johnson & Johnson 0.77 127561 65.58 87.94
SPY SPDR S&P; 500 ETF 0.77 66273 125.50 167.07
JOYG Joy Global 0.71 102926 74.97 0.00
MMM 3M Company 0.69 91140 81.73 111.74
EWBC East West Ban 0.69 375334 19.75 25.59
TEVA Teva Pharmaceutical Industries 0.68 181097 40.36 39.99
PRU Prudential Financial 0.66 141816 50.12 68.37
BA Boeing Company 0.63 92732 73.35 97.86
CL Colgate-Palmolive Company 0.61 71607 92.38 60.96
SO Southern Company 0.61 141313 46.29 46.21
IBM International Business Machines 0.59 34667 183.88 207.26
DVN Devon Energy Corporation 0.56 97781 62.00 57.91
Nextera Energy 0.55 98153 60.88 0.00
DISCA Discovery Communications 0.55 145544 40.97 78.79
MRK Merck & Co 0.54 155980 37.70 45.35
TEG Integrys Energy 0.53 105984 54.18 61.28
KFT Kraft Foods 0.51 146505 37.36 0.00
PCL Plum Creek Timber 0.50 147913 36.56 54.42
ITW Illinois Tool Works 0.48 111520 46.71 70.90
HAL Halliburton Company 0.46 144800 34.51 43.32
T AT&T; 0.45 162106 30.24 36.84
BBT BB&T; Corporation 0.45 193677 25.17 32.58
XLK Technology SPDR 0.45 192733 25.45 32.20
BMS Bemis Company 0.41 147652 30.08 40.07
ABC AmerisourceBergen 0.41 118184 37.19 54.12
GILD Gilead Sciences 0.41 107084 40.93 55.65
JPM JPMorgan Chase & Co. 0.40 129967 33.25 52.89
NYX NYSE Euronext 0.40 165749 26.10 41.06
Mosaic 0.40 86099 50.43 0.00
BMY Bristol Myers Squibb 0.38 117928 35.24 46.39
MCHP Microchip Technology 0.36 106672 36.63 36.81
GLW Corning Incorporated 0.35 287989 12.98 15.58
SYY SYSCO Corporation 0.32 118932 29.33 34.81
Ace Limited Cmn 0.31 47870 70.12 0.00
NEM Newmont Mining Corporation 0.31 56269 60.00 31.74
CVS CVS Caremark Corporation 0.31 81196 40.78 57.98
NTRS Northern Trust Corporation 0.30 80770 39.66 58.17
JWN Nordstrom 0.29 62220 49.71 60.75
EOG EOG Resources 0.29 32027 98.51 130.06
HST Host Hotels & Resorts 0.27 199913 14.77 17.93
Ltd Partnership Int In The S 0.26 89 31269.66 0.00
MO Altria 0.25 90878 29.65 37.03
EFA iShares MSCI EAFE Index Fund 0.25 54061 49.52 61.37
FFIV F5 Networks 0.23 22995 106.10 80.85
ALL Allstate Corporation 0.22 87176 27.41 48.48
NVS Novartis AG 0.21 40297 57.17 74.21
BHI Baker Hughes Incorporated 0.21 46539 48.64 46.49
CHECK POINT SOFTWARE Technolog Com Stk 0.20 41840 52.55 0.00
XLP Consumer Staples Select Sect. SPDR 0.20 66650 32.49 41.94
MDY SPDR S&P; MidCap 400 ETF 0.20 13432 159.52 220.56
GES Guess? 0.19 68392 29.83 30.06
DISCK Discovery Communications 0.18 52645 37.70 70.02
IWM iShares Russell 2000 Index 0.18 25651 73.75 99.01
TMO Thermo Fisher Scientific 0.17 39954 44.97 87.50
AMGN Amgen 0.17 27780 64.21 103.70
FLR Fluor Corporation 0.17 37211 50.25 64.60
GIS General Mills 0.17 45870 40.40 48.53
CLX Clorox Company 0.17 27163 66.56 85.63
TEX Terex Corporation 0.17 136379 13.51 34.06
BP BP 0.16 39403 42.73 43.03
GS Goldman Sachs 0.16 18564 90.42 157.54
BK Bank of New York Mellon Corporation 0.16 88576 19.92 29.39
WRB W.R. Berkley Corporation 0.16 50418 34.38 42.58
HSC Harsco Corporation 0.15 79621 20.57 22.88
LO Lorillard 0.15 14319 113.98 43.90
NTAP NetApp 0.14 41975 36.26 36.27
DOW Dow Chemical Company 0.14 51547 28.76 34.54
XLE Energy Select Sector SPDR 0.14 21197 69.12 82.12
OSK Oshkosh Corporation 0.14 71345 21.38 39.09
RHHBY Roche Holding 0.14 35517 42.57 64.43
BEN Franklin Resources 0.13 14193 96.11 160.12
ADP Automatic Data Processing 0.13 25385 54.01 69.91
M Macy's 0.13 44798 32.18 48.86
IBB iShares NASDAQ Biotechnology Index 0.13 13426 104.32 181.01
XLU Utilities SPDR 0.13 38704 35.99 40.32
IJR iShares S&P; SmallCap 600 Index 0.13 21196 68.28 90.27
PPLT ETFS Physical Platinum Shares 0.13 10130 137.86 142.32
First Manitowoc Bancrp Inc N 0.13 99044 13.98 0.00
STT State Street Corporation 0.12 33166 40.30 65.38
AON Aon Corporation 0.12 27547 46.79 65.35
MDT Medtronic 0.12 32827 38.24 52.93
TXN Texas Instruments Incorporated 0.12 42798 29.10 36.77
SPW SPX Corporation 0.12 21302 60.27 79.58
BAX Baxter International 0.11 23396 49.50 71.74
MTW Manitowoc Company 0.11 134284 9.19 20.90
BRK.A Berkshire Hathaway 0.11 10 114800.00 0.00
TS Tenaris S.A. 0.10 29072 37.17 43.51
EEM iShares MSCI Emerging Markets Indx 0.10 29163 37.95 42.24
CSCO Cisco Systems 0.10 58409 18.09 23.29
KMR Kinder Morgan Management 0.10 14192 78.49 86.66
Transocean 0.09 26657 38.39 0.00
HPQ Hewlett-Packard Company 0.09 36562 25.77 24.08
NOC Northrop Grumman Corporation 0.08 14937 58.51 81.50
COF Capital One Financial 0.08 20287 42.31 61.34
Menasha 0.08 465 1879.57 0.00
FIS Fidelity National Information Services 0.07 28882 26.56 45.25
LLY Eli Lilly & Co. 0.07 18621 41.55 54.78
IWD iShares Russell 1000 Value Index 0.07 12395 63.48 86.08
NSRGY Nestle SA Reg Shs. Ser. B Spons 0.07 13560 57.80 68.61
GME GameStop 0.07 29340 24.14 35.64
SIRI Sirius XM Radio 0.07 411275 1.82 3.48
ROK Rockwell Automation 0.07 10227 73.40 90.64
Bank Of Montreal Cadcom Npv 0.07 14132 54.81 0.00
Mullins Whey 0.06 300 2106.67 0.00
AMAT Applied Materials 0.05 47682 10.72 14.37
XLI Industrial SPDR 0.05 16098 33.75 44.17
TIP iShares Barclays TIPS Bond Fund 0.05 4228 116.86 118.86
FXA CurrencyShares Australian Dollar Trust 0.05 5045 102.71 97.14
Hatteras Funds - Multi Strat 0.05 5690 87.52 0.00
Direxion Shs Etf Tr Daily 20+ 0.05 8100 67.90 0.00
Suntrust Banks Inc $1.00 Par Cmn 0.04 26500 17.70 0.00
MHS Medco Health Solutions 0.04 7594 55.86 0.00
HRS Harris Corporation 0.04 12535 36.04 49.93
SIAL Sigma-Aldrich Corporation 0.04 7268 62.43 84.37
CREE Cree 0.04 20109 22.05 59.66
SWM Schweitzer-Mauduit International 0.04 6206 66.26 46.20
Direxion Shs Etf Tr cmn 0.04 14225 27.35 0.00
Ltd Partnership Int In The S 0.04 9 49222.22 0.00
AXP American Express Company 0.03 7250 47.21 73.81
BAC Bank of America Corporation 0.03 63218 5.55 13.01
MCO Moody's Corporation 0.03 9350 33.33 68.05
CSX CSX Corporation 0.03 14903 21.02 25.23
XLV Health Care SPDR 0.03 9572 34.64 49.10
ED Consolidated Edison 0.03 5818 62.05 58.74
ETN Eaton Corporation 0.03 6480 43.49 68.12
PETM PetSmart 0.03 6800 51.32 69.53
GWW W.W. Grainger 0.03 1624 187.19 257.46
CSTR Coinstar 0.03 7368 45.66 56.92
NP Neenah Paper 0.03 13143 22.30 31.20
LNT Alliant Energy Corporation 0.03 7043 44.10 52.20
PLXS Plexus 0.03 11382 27.36 29.34
CVD Covance 0.03 6820 45.75 75.20
QQQQ PowerShares QQQ Trust, Series 1 0.03 5092 55.77 0.00
EP El Paso Corporation 0.02 8229 26.61 0.00
KSS Kohl's Corporation 0.02 5336 49.45 51.60
PPG PPG Industries 0.02 2400 83.33 157.73
BF.B Brown-Forman Corporation 0.02 2500 80.40 0.00
DNB Dun & Bradstreet Corporation 0.02 3200 75.00 98.64
DRI Darden Restaurants 0.02 6093 43.01 52.68
DD E.I. du Pont de Nemours & Company 0.02 5788 45.76 54.86
GSK GlaxoSmithKline 0.02 5736 45.76 52.52
IVV iShares S&P; 500 Index 0.02 1848 126.08 167.48
MAR Marriott International 0.02 7580 29.16 43.27
K Kellogg Company 0.02 4900 50.00 64.79
EIX Edison International 0.02 4919 45.98 47.94
PNR Pentair 0.02 6600 33.50 58.19
KMP Kinder Morgan Energy Partners 0.02 2650 84.88 88.28
IWF iShares Russell 1000 Growth Index 0.02 3905 57.87 75.88
F Ford Motor Company 0.01 14557 10.74 14.83
KEY Key 0.01 11056 7.71 10.86
XLF Financial Select Sector SPDR 0.01 10142 13.02 19.95
Kinder Morgan Mgmt Llc Frac Sh 0.00 199438 0.00 0.00
ABCW Anchor BanCorp Wisconsin 0.00 49001 0.33 0.63
Helios Strategic Income Fund 0.00 20000 0.00 0.00
Lifespan 0.00 50000 0.00 0.00