NOTICE N.º 0525/07
We hereby inform that, on 17th May, 2007, the following issues of warrants, were registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KCO3WP | Warrants Estruturados sobre GOLD SPOT $/OZ - Call - 650 USD - 12.09.2007 | 1.000.000 |
| KCPNWP | Warrants Estruturados sobre GOLD SPOT $/OZ - Put - 725 USD - 12.09.2007 | 1.000.000 |
| KCPOWP | Warrants Estruturados sobre SILVER SPOT $/OZ - Call - 12,50 USD - 15.08.2007 | 1.000.000 |
| KCPTWP | Warrants Estruturados sobre SILVER SPOT $/OZ - Put - 13,75 USD - 15.08.2007 | 1.000.000 |
INTERBOLSA, 17th May, 2007