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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 4bdTPPIonypWJ7ySsfTCmw==

<SEC-DOCUMENT>0000062741-05-000058.txt : 20050323
<SEC-HEADER>0000062741-05-000058.hdr.sgml : 20050323
<ACCEPTANCE-DATETIME>20050322182024
ACCESSION NUMBER:		0000062741-05-000058
CONFORMED SUBMISSION TYPE:	424B2
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20050323
DATE AS OF CHANGE:		20050322

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MARSHALL & ILSLEY CORP/WI/
		CENTRAL INDEX KEY:			0000062741
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				390968604
		STATE OF INCORPORATION:			WI
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B2
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-33814
		FILM NUMBER:		05697647

	BUSINESS ADDRESS:	
		STREET 1:		ATTN: OFFICE OF THE GENERAL COUNSEL
		STREET 2:		770 NORTH WATER STREET
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
		BUSINESS PHONE:		4147657801

	MAIL ADDRESS:	
		STREET 1:		770 NORTH WATER ST
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B2
<SEQUENCE>1
<FILENAME>a11620050324.txt
<DESCRIPTION>MARSHALL & ILSLEY CORPORATION PRICING SUPPLEMENT 03/24/05 7 NC 1
<TEXT>
Rule 424(b)(2)
File No. 333-33814

Pricing Supplement #116 dated March 24, 2005
to the Prospectus Dated April 12, 2000
and Prospectus Supplement Dated October 21, 2003

Marshall & Ilsley Corporation MiNotes SM
Due from 9 Months to 30 Years

Trade Date: March 21, 2005

Issue Price: 100%

Original Issue Date: March 24, 2005

Principal Amount: $1,906,000

Maturity Date: March 15, 2012

Interest Rate: 4.900%

Interest Payment Dates: 04/15/05 and monthly thereafter

Purchasing Agent acting as Principal: Merrill Lynch & Co.

Purchasing Agent Commission: 1.20%

Proceeds Before expenses: 98.80% ($1,883,128.00)

Survivor's Option: Yes

Redemption or Repayment: Yes

Redemption/Repayment Terms: Callable 03/15/06 and semi-annually thereafter

Minimum Denomination: $1,000 minimum investment with increments of $1,000

CUSIP No.: 57183MFA3

Original Issue Discount: No


Notes:
All trades settle without accrued interest and clear SDFS: DTC Book-Entry only
Merrill Lynch DTC Participant Number: 161


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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