NOTICE N.º 0167/08
We hereby inform that, on 12th February, 2008, the following issues of warrants, were registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KEKAWP | Warrants s/ Allianz SE - Call - 120 EUR - 20.06.08 | 500.000 |
| KEKBWP | Warrants s/ Allianz SE - Put - 110 EUR - 20.06.08 | 500.000 |
| KEKCWP | Warrants s/ Amazon.com - Call - 75 USD - 20.06.08 | 500.000 |
| KEKDWP | Warrants s/ Amazon.com - Put - 65 USD - 20.06.08 | 500.000 |
| KEKEWP | Warrants s/ Apple Inc. - Call - 120 USD - 20.06.08 | 500.000 |
| KEKFWP | Warrants s/ Apple Inc. - Call - 150 USD - 20.06.08 | 500.000 |
| KEKGWP | Warrants s/ Apple Inc. - Put - 110 USD - 20.06.08 | 500.000 |
| KEKHWP | Warrants s/ Banco Bradesco - Put - 22 USD - 20.06.08 | 500.000 |
| KEKIWP | Warrants s/ BES - Call - 12 EUR - 20.06.08 | 250.000 |
| KEKJWP | Warrants s/ BES - Put - 11 EUR - 20.06.08 | 250.000 |
| KEKKWP | Warrants s/ BCP - Call - 2 EUR - 20.06.08 | 1.000.000 |
| KEKLWP | Warrants s/ BCP - Put - 1,8 EUR - 20.06.08 | 1.000.000 |
| KEKMWP | Warrants s/ BCP - Call - 2,2 EUR - 18.09.08 | 1.000.000 |
| KEKNWP | Warrants s/ BCP - Put - 1,6 EUR - 18.09.08 | 1.000.000 |
| KEKOWP | Warrants s/ BNP Paribas - Call - 60 EUR - 18.06.08 | 500.000 |
| KEKPWP | Warrants s/ BNP Paribas - Put - 50 EUR - 18.06.08 | 500.000 |
| KEKQWP | Warrants s/ BPI - Call - 3 EUR - 20.06.08 | 200.000 |
| KEKRWP | Warrants s/ BPI - Call - 3,5 EUR - 20.06.08 | 200.000 |
| KEKSWP | Warrants s/ BPI - Put - 3 EUR - 20.06.08 | 200.000 |
| KEKTWP | Warrants s/ BRISA - Put - 9,8 EUR - 19.06.08 | 250.000 |
| KEKUWP | Warrants s/ CIMPOR - Put - 5 EUR - 20.06.08 | 200.000 |
| KEKVWP | Warrants s/ Cisco Systems - Call - 25 USD - 20.06.08 | 500.000 |
| KEKWWP | Warrants s/ Cisco Systems - Put - 22 USD - 20.06.08 | 500.000 |
| KEKXWP | Warrants s/ EDP - Put - 3,8 EUR - 20.06.08 | 1.000.000 |
| KEKYWP | Warrants s/ Fortis - Call - 14 EUR - 18.06.08 | 500.000 |
| KEKZWP | Warrants s/ Fortis - Call - 16 EUR - 18.06.08 | 500.000 |
| KEK1WP | Warrants s/ Fortis - Put - 13 EUR - 18.06.08 | 500.000 |
| KEK2WP | Warrants s/ GALP - Call - 20 EUR - 20.06.08 | 500.000 |
| KEK3WP | Warrants s/ Google Inc - Call - 500 USD - 20.06.08 | 500.000 |
| KEK4WP | Warrants s/ Google Inc - Call - 550 USD - 20.06.08 | 500.000 |
| KEK5WP | Warrants s/ Google Inc - Put - 480 USD - 20.06.08 | 500.000 |
| KEK6WP | Warrants s/ Impresa - Call - 1,4 EUR - 18.09.08 | 100.000 |
| KEK7WP | Warrants s/ Jeronimo Martins - Call - 6 EUR - 20.06.08 | 150.000 |
| KEK8WP | Warrants s/ MARTIFER - Call - 8 EUR - 20.06.08 | 100.000 |
| KEK9WP | Warrants s/ Microsoft - Put - 28 USD - 20.06.08 | 500.000 |
| KELAWP | Warrants s/ Pfizer - Put - 22 USD - 20.06.08 | 500.000 |
| KELBWP | Warrants s/ PT - Call - 8,5 EUR - 20.06.08 | 500.000 |
| KELCWP | Warrants s/ PT - Put - 8,5 EUR - 20.06.08 | 500.000 |
| KELDWP | Warrants s/ Rio CVRD ADR - Call - 30 USD - 20.06.08 | 500.000 |
| KELEWP | Warrants s/ Rio CVRD ADR - Put - 25 USD - 20.06.08 | 500.000 |
| KELFWP | Warrants s/ SONAE Indústria - Call - 5 EUR - 18.09.08 | 100.000 |
| KELGWP | Warrants s/ SONAE S.G.P.S. - Put - 1,2 EUR - 20.06.08 | 500.000 |
| KELHWP | Warrants s/ SONAE.com - Call - 2,5 EUR - 20.06.08 | 100.000 |
| KELIWP | Warrants s/ SONAE Capital - Call - 1,8 EUR - 20.06.08 | 150.000 |
| KELJWP | Warrants s/ SONAE Capital - Call - 1,6 EUR - 20.06.08 | 150.000 |
| KELKWP | Warrants s/ Yahoo! Inc. - Call - 32 USD - 20.06.08 | 500.000 |
| KELLWP | Warrants s/ Dell Inc. - Call - 22 USD - 20.06.08 | 500.000 |
| KELMWP | Warrants s/ Dell Inc. - Call - 24 USD - 20.06.08 | 500.000 |
| KELNWP | Warrants s/ Dell Inc. - Put - 18 USD - 20.06.08 | 500.000 |
| KELOWP | Warrants s/ Embraer - Call - 45 USD - 20.06.08 | 500.000 |
| KELPWP | Warrants s/ Embraer - Put - 40 USD - 20.06.08 | 500.000 |
| KELQWP | Warrants s/ Soares da Costa - Call - 2 EUR - 20.06.08 | 100.000 |
| KELRWP | Warrants s/ E. Santo F.G. - Call - 18 EUR - 20.06.08 | 100.000 |
| KELSWP | Warrants s/ E. Santo F.G. - Call - 22 EUR - 20.06.08 | 100.000 |
| KELTWP | Warrants s/ EUR/USD - Put - 1,42 USD - 04.06.08 | 500.000 |
| KELUWP | Warrants s/ CAC 40 - Call - 4.600 EUR - 18.06.08 | 500.000 |
| KELVWP | Warrants s/ CAC 40 - Call - 5.000 EUR - 18.06.08 | 500.000 |
| KELWWP | Warrants s/ CAC 40 - Put - 4.600 EUR - 18.06.08 | 500.000 |
| KELXWP | Warrants s/ Dax 30 - Call - 6.500 EUR - 18.06.08 | 500.000 |
| KELYWP | Warrants s/ Dax 30 - Call - 7.000 EUR - 18.06.08 | 500.000 |
| KELZWP | Warrants s/ Dax 30 - Put - 6.600 EUR - 18.06.08 | 500.000 |
| KEL1WP | Warrants s/ IBEX 35 - Call - 13.000 EUR - 18.06.08 | 500.000 |
| KEL2WP | Warrants s/ IBEX 35 - Put - 12.500 EUR - 18.06.08 | 500.000 |
| KEL3WP | Warrants s/ Nasdaq 100 - Put - 1.700 USD - 19.06.08 | 500.000 |
| KEL4WP | Warrants s/ Nasdaq 100 - Call - 1.800 USD - 19.06.08 | 500.000 |
| KEL5WP | Warrants s/ Nikkei 225 - Call - 13.000 JPY - 11.06.08 | 500.000 |
| KEL6WP | Warrants s/ Nikkei 225 - Put - 12.500 JPY - 11.06.08 | 500.000 |
| KEL7WP | Warrants s/ PSI 20 - Call - 11.000 EUR - 18.06.08 | 500.000 |
INTERBOLSA, 12th February, 2008