NOTICE N.º 1296/08
We hereby inform that, on 5th December, 2008, the following issues of bearer warrants, were registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KE5AWP | Warrants Estruturados s/ DAX - Call - 4.400 EUR - 14.01.2009 | 1.500.000 |
| KE5BWP | Warrants Estruturados s/ DAX - Call - 4.450 EUR - 14.01.2009 | 1.500.000 |
| KE5CWP | Warrants Estruturados s/ DAX - Call - 4.500 EUR - 14.01.2009 | 1.500.000 |
| KE5DWP | Warrants Estruturados s/ DAX - Call - 4.550 EUR - 14.01.2009 | 1.500.000 |
| KE5EWP | Warrants Estruturados s/ DAX - Put - 4.800 EUR - 18.02.2009 | 1.500.000 |
| KE5FWP | Warrants Estruturados s/ DAX - Put - 4.900 EUR - 18.02.2009 | 1.500.000 |
| KE5GWP | Warrants Estruturados s/ DAX - Put - 5.000 EUR - 18.02.2009 | 1.500.000 |
| KE5HWP | Warrants Estruturados s/ Nasdaq100 - Call - 1.050 USD - 14.01.2009 | 1.000.000 |
INTERBOLSA, 5th December, 2008