UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549

FORM 13F

FORM 13F COVER PAGE

Report for Calendar Year or Quarter ended: May 9, 2008

Check here if Amendment	( ) ;    Amendment Number:
This Amendment(Check only one.)( )is a restatment.
		                     ( )adds new holdings entries.

Institutional Investment Manager Filing this Report:
Name:		Wayne Hummer Asset Management Company
Address:	222 S. Riverside Plaza
		Chicago, IL 60606

13F file number:  028-05229

The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:	Thomas P. Zidar
Title:	Chairman & CEO
Phone:	800-621-4477
Signature, Place and Date of Signing:

/S/  Thomas P. Zidar Chicago, IL  May 9, 2008

Report Type (Check only one.):

(  )	13F HOLDINGS REPORT.
(x )	13F NOTICE.
(  )	13F COMBINATION REPORT

List of other Managers Reporting for this Manager: Wintrust Financial Corp.
						   13F file number: 028-10582