NOTICE N.º 1267/08
We hereby inform that, on 26th November, 2008, the following issues of bearer warrants, were registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KD7TWP | Warrants Estruturados s/ DAX - Call - 3.950 EUR - 17.12.2008 | 1.500.000 |
| KD8NWP | Warrants Estruturados s/ DAX - Call - 4.050 EUR - 17.12.2008 | 1.500.000 |
| KEACWP | Warrants Estruturados s/ DAX - Call - 4.150 EUR - 17.12.2008 | 1.500.000 |
| KEAFWP | Warrants Estruturados s/ DAX - Call - 4.200 EUR - 17.12.2008 | 1.500.000 |
| KEAGWP | Warrants Estruturados s/ DAX - Put - 4.650 EUR - 14.01.2009 | 1.500.000 |
| KEAOWP | Warrants Estruturados s/ DAX - Put - 4.750 EUR - 14.01.2009 | 1.500.000 |
| KEA8WP | Warrants Estruturados s/ Nasdaq100 - Call - 900 USD - 17.12.2008 | 1.000.000 |
| KEBLWP | Warrants Estruturados s/ Nasdaq100 - Call - 1.050 USD - 17.12.2008 | 1.000.000 |
INTERBOLSA, 26th November, 2008