NOTICE N.º 1272/08
We hereby inform that, on 27th November, 2008, the following issues of bearer warrants, were registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KE48WP | Warrants Estruturados s/ DAX - Call - 4.100 EUR - 17.12.2008 | 1.500.000 |
| KE49WP | Warrants Estruturados s/ DAX - Call - 4.300 EUR - 17.12.2008 | 1.500.000 |
| KEOCWP | Warrants Estruturados s/ Nasdaq100 - Call - 1.100 USD - 17.12.2008 | 1.000.000 |
| KEODWP | Warrants Estruturados s/ IBEX - Call - 8.200 EUR - 17.12.2008 | 1.500.000 |
INTERBOLSA, 27th November, 2008