NOTICE N.º 0044/06
We hereby inform that, on 13th January, 2006, the following issues of warrants were registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KCWOWP | W. estruturados sobre DAX - call - 5350 EUR - 22.02.2006 | 5.000.000 |
| KCWPWP | W. estruturados sobre DAX - call - 5500 EUR - 22.02.2006 | 5.000.000 |
INTERBOLSA, 16th January, 2006