NOTICE N.º 1104/08
We hereby inform that, on 17th October, 2008, the following issues of bearer warrants, were registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KEWSWP | Warrants Estruturados s/ DAX - Put - 5.100 EUR - 17.12.2008 | 1.500.000 |
| KEWTWP | Warrants Estruturados s/ DAX - Put - 5.000 EUR - 17.12.2008 | 1.500.000 |
| KEWUWP | Warrants Estruturados s/ DAX - Put - 4.900 EUR - 17.12.2008 | 1.500.000 |
| KEWVWP | Warrants Estruturados s/ DAX - Put - 4.800 EUR - 17.12.2008 | 1.500.000 |
| KEWWWP | Warrants Estruturados s/ DAX - Put - 4.700 EUR - 17.12.2008 | 1.500.000 |
| KEWXWP | Warrants Estruturados s/ DAX - Call - 4.300 EUR - 19.11.2008 | 1.500.000 |
| KEWYWP | Warrants Estruturados s/ DAX - Call - 4.250 EUR - 19.11.2008 | 1.500.000 |
| KEWZWP | Warrants Estruturados s/ DAX - Call - 4.100 EUR - 19.11.2008 | 1.500.000 |
| KEW1WP | Warrants Estruturados s/ DAX - Call - 3.900 EUR - 19.11.2008 | 1.500.000 |
| KEW2WP | Warrants Estruturados s/ Nasdaq100 - Put - 1.400 USD - 17.12.2008 | 1.000.000 |
| KEW3WP | Warrants Estruturados s/ Nasdaq100 - Put - 1.350 USD - 17.12.2008 | 1.000.000 |
INTERBOLSA, 17th October, 2008