NOTICE N.º 0032/09
We hereby inform that, on 8th January, 2009, the following issues of bearer warrants, were registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KE7AWP | Warrants s/ Altri - Call - 2 EUR - 19.03.2009 | 100.000 |
| KE7BWP | Warrants s/ Altri - Call - 2,15 EUR - 19.03.2009 | 100.000 |
| KE7CWP | Warrants s/ Altri - Call - 2,5 EUR - 19.03.2009 | 100.000 |
| KE7DWP | Warrants s/ Altri - Call - 2,3 EUR - 18.06.2009 | 100.000 |
| KE7EWP | Warrants s/ Altri - Call - 2 EUR - 17.09.2009 | 100.000 |
| KE7FWP | Warrants s/ Altri - Call - 2,2 EUR - 17.09.2009 | 100.000 |
| KE7GWP | Warrants s/ Altri - Call - 2,5 EUR - 17.09.2009 | 100.000 |
| KE7HWP | Warrants s/ BES - Call - 6 EUR - 19.03.2009 | 250.000 |
| KE7IWP | Warrants s/ BES - Call - 6,5 EUR - 19.03.2009 | 250.000 |
| KE7JWP | Warrants s/ BES - Call - 8 EUR - 19.03.2009 | 250.000 |
| KE7KWP | Warrants s/ BES - Call - 6 EUR - 18.06.2009 | 250.000 |
| KE7LWP | Warrants s/ BES - Call - 8 EUR - 18.06.2009 | 250.000 |
| KE7MWP | Warrants s/ BES - Call - 6 EUR - 17.09.2009 | 250.000 |
| KE7NWP | Warrants s/ BES - Call - 7 EUR - 17.09.2009 | 250.000 |
| KE7OWP | Warrants s/ BES - Call - 8 EUR - 17.09.2009 | 250.000 |
| KE7PWP | Warrants s/ BES - Call - 9 EUR - 17.09.2009 | 250.000 |
| KE7QWP | Warrants s/ Banif - Call - 1 EUR - 19.03.2009 | 100.000 |
| KE7RWP | Warrants s/ Banif - Call - 1,15 EUR - 19.03.2009 | 100.000 |
| KE7SWP | Warrants s/ Banif - Call - 1,3 EUR - 19.03.2009 | 100.000 |
| KE7TWP | Warrants s/ Banif - Call - 1 EUR - 18.06.2009 | 100.000 |
| KE7UWP | Warrants s/ Banif - Call - 1,1 EUR - 18.06.2009 | 100.000 |
| KE7VWP | Warrants s/ Banif - Call - 1,3 EUR - 18.06.2009 | 100.000 |
| KE7WWP | Warrants s/ Banif - Call - 1 EUR - 17.09.2009 | 100.000 |
| KE7XWP | Warrants s/ Banif - Call - 1,25 EUR - 17.09.2009 | 100.000 |
| KE7YWP | Warrants s/ Banif - Call - 1,4 EUR - 17.09.2009 | 100.000 |
| KE7ZWP | Warrants s/ BCP - Call - 0,7 EUR - 19.03.2009 | 1.000.000 |
| KE71WP | Warrants s/ BCP - Call - 0,9 EUR - 19.03.2009 | 1.000.000 |
| KE72WP | Warrants s/ BCP - Call - 1 EUR - 19.03.2009 | 1.000.000 |
| KE73WP | Warrants s/ BCP - Call - 0,8 EUR - 18.06.2009 | 1.000.000 |
| KE74WP | Warrants s/ BCP - Call - 1,15 EUR - 18.06.2009 | 1.000.000 |
| KE75WP | Warrants s/ BCP - Call - 1,25 EUR - 18.06.2009 | 1.000.000 |
| KE76WP | Warrants s/ BCP - Call - 0,75 EUR - 17.09.2009 | 1.000.000 |
| KE77WP | Warrants s/ BCP - Call - 1 EUR - 17.09.2009 | 1.000.000 |
| KE78WP | Warrants s/ BCP - Call - 1,2 EUR - 17.09.2009 | 1.000.000 |
| KE79WP | Warrants s/ BCP - Call - 0,8 EUR - 17.12.2009 | 1.000.000 |
| KC93WP | Warrants s/ BCP - Call - 1 EUR - 17.12.2009 | 1.000.000 |
| KD1AWP | Warrants s/ BCP - Call - 1,2 EUR - 17.12.2009 | 1.000.000 |
| KD1CWP | Warrants s/ BPI - Call - 1,8 EUR - 19.03.2009 | 250.000 |
| KD1FWP | Warrants s/ BPI - Call - 2,2 EUR - 19.03.2009 | 250.000 |
| KD1GWP | Warrants s/ BPI - Call - 1,5 EUR - 18.06.2009 | 250.000 |
| KD1PWP | Warrants s/ BPI - Call - 1,8 EUR - 18.06.2009 | 250.000 |
| KD1TWP | Warrants s/ BPI - Call - 2 EUR - 18.06.2009 | 250.000 |
| KD1UWP | Warrants s/ BPI - Call - 2,2 EUR - 18.06.2009 | 250.000 |
| KD1VWP | Warrants s/ BPI - Call - 1,7 EUR - 17.12.2009 | 250.000 |
| KD2FWP | Warrants s/ BPI - Call - 2,2 EUR - 17.12.2009 | 250.000 |
| KD2GWP | Warrants s/ Brisa - Call - 5 EUR - 19.03.2009 | 250.000 |
| KD2HWP | Warrants s/ Brisa - Call - 5,5 EUR - 19.03.2009 | 250.000 |
| KD2KWP | Warrants s/ Brisa - Call - 6,5 EUR - 19.03.2009 | 250.000 |
| KD2NWP | Warrants s/ Brisa - Call - 5 EUR - 18.06.2009 | 250.000 |
| KD2OWP | Warrants s/ Brisa - Call - 6 EUR - 18.06.2009 | 250.000 |
| KD2PWP | Warrants s/ Brisa - Call - 6,5 EUR - 18.06.2009 | 250.000 |
| KD2XWP | Warrants s/ Brisa - Call - 7 EUR - 18.06.2009 | 250.000 |
| KD2YWP | Warrants s/ Brisa - Call - 5,5 EUR - 17.09.2009 | 250.000 |
| KD2ZWP | Warrants s/ Brisa - Call - 6,5 EUR - 17.09.2009 | 250.000 |
| KD22WP | Warrants s/ Brisa - Call - 5,75 EUR - 17.12.2009 | 250.000 |
| KD26WP | Warrants s/ Brisa - Call - 6,25 EUR - 17.12.2009 | 250.000 |
| KD28WP | Warrants s/ Cimpor - Call - 3,5 EUR - 18.06.2009 | 150.000 |
| KD29WP | Warrants s/ Cimpor - Call - 4 EUR - 18.06.2009 | 150.000 |
| KD3AWP | Warrants s/ EDP - Call - 2,75 EUR - 19.03.2009 | 500.000 |
| KD3BWP | Warrants s/ EDP - Call - 3,15 EUR - 19.03.2009 | 500.000 |
| KD36WP | Warrants s/ EDP - Call - 2,5 EUR - 18.06.2009 | 500.000 |
| KD4CWP | Warrants s/ EDP - Call - 2,75 EUR - 18.06.2009 | 500.000 |
| KD4GWP | Warrants s/ EDP - Call - 3,2 EUR - 18.06.2009 | 500.000 |
| KD4HWP | Warrants s/ EDP - Call - 3,5 EUR - 18.06.2009 | 500.000 |
| KD4JWP | Warrants s/ EDP - Call - 2,5 EUR - 17.09.2009 | 500.000 |
| KD4KWP | Warrants s/ EDP - Call - 2,8 EUR - 17.09.2009 | 500.000 |
| KD4LWP | Warrants s/ EDP - Call - 3 EUR - 17.09.2009 | 500.000 |
| KD4WWP | Warrants s/ EDP - Call - 3,3 EUR - 17.09.2009 | 500.000 |
| KD47WP | Warrants s/ EDP - Call - 2,5 EUR - 17.12.2009 | 500.000 |
| KD48WP | Warrants s/ EDP - Call - 3 EUR - 17.12.2009 | 500.000 |
| KD49WP | Warrants s/ EDP - Call - 3,4 EUR - 17.12.2009 | 500.000 |
| KD9AWP | Warrants s/ EDP Renonváveis - Call - 5,5 EUR - 19.03.2009 | 500.000 |
| KD9FWP | Warrants s/ EDP Renonváveis - Call - 6,5 EUR - 19.03.2009 | 500.000 |
| KD9GWP | Warrants s/ EDP Renonváveis - Call - 4,5 EUR - 18.06.2009 | 500.000 |
| KD9HWP | Warrants s/ EDP Renonváveis - Call - 5,5 EUR - 18.06.2009 | 500.000 |
| KD9RWP | Warrants s/ EDP Renonváveis - Call - 6 EUR - 18.06.2009 | 500.000 |
| KD9SWP | Warrants s/ EDP Renonváveis - Call - 6,5 EUR - 18.06.2009 | 500.000 |
| KD9TWP | Warrants s/ EDP Renonváveis - Call - 5 EUR - 17.09.2009 | 500.000 |
| KD9VWP | Warrants s/ EDP Renonváveis - Call - 6 EUR - 17.09.2009 | 500.000 |
| KD9WWP | Warrants s/ EDP Renonváveis - Call - 7 EUR - 17.09.2009 | 500.000 |
| KD9YWP | Warrants s/ EDP Renonváveis - Call - 5 EUR - 17.12.2009 | 500.000 |
| KD91WP | Warrants s/ EDP Renonváveis - Call - 6 EUR - 17.12.2009 | 500.000 |
| KD93WP | Warrants s/ Galp Energia - Call - 7 EUR - 19.03.2009 | 500.000 |
| KD94WP | Warrants s/ Galp Energia - Call - 8 EUR - 19.03.2009 | 500.000 |
| KD95WP | Warrants s/ Galp Energia - Call - 10 EUR - 19.03.2009 | 500.000 |
| KD97WP | Warrants s/ Galp Energia - Call - 6 EUR - 18.06.2009 | 500.000 |
| KD98WP | Warrants s/ Galp Energia - Call - 8 EUR - 18.06.2009 | 500.000 |
| KD5BWP | Warrants s/ Galp Energia - Call - 9 EUR - 18.06.2009 | 500.000 |
| KD5EWP | Warrants s/ Galp Energia - Call - 10 EUR - 18.06.2009 | 500.000 |
| KD5GWP | Warrants s/ Galp Energia - Call - 12 EUR - 18.06.2009 | 500.000 |
| KD5HWP | Warrants s/ Galp Energia - Call - 8 EUR - 17.09.2009 | 500.000 |
| KD5QWP | Warrants s/ Galp Energia - Call - 10 EUR - 17.09.2009 | 500.000 |
| KD5RWP | Warrants s/ Galp Energia - Call - 12 EUR - 17.09.2009 | 500.000 |
| KD5SWP | Warrants s/ Galp Energia - Call - 8 EUR - 17.12.2009 | 500.000 |
| KD5UWP | Warrants s/ Galp Energia - Call - 10 EUR - 17.12.2009 | 500.000 |
| KD5VWP | Warrants s/ Galp Energia - Call - 14 EUR - 17.12.2009 | 500.000 |
| KD5YWP | Warrants s/ Impresa - Call - 0,8 EUR - 18.06.2009 | 100.000 |
| KD53WP | Warrants s/ Impresa - Call - 1 EUR - 18.06.2009 | 100.000 |
| KD6HWP | Warrants s/ Impresa - Call - 1,2 EUR - 18.06.2009 | 100.000 |
| KD66WP | Warrants s/ Jeronimo Martins - Call - 3 EUR - 19.03.2009 | 250.000 |
| KD67WP | Warrants s/ Jeronimo Martins - Call - 3,5 EUR - 19.03.2009 | 250.000 |
| KD8JWP | Warrants s/ Jeronimo Martins - Call - 4 EUR - 19.03.2009 | 250.000 |
| KD83WP | Warrants s/ Jeronimo Martins - Call - 3 EUR - 18.06.2009 | 250.000 |
| KEARWP | Warrants s/ Jeronimo Martins - Call - 3,5 EUR - 18.06.2009 | 250.000 |
| KEAUWP | Warrants s/ Jeronimo Martins - Call - 4 EUR - 18.06.2009 | 250.000 |
| KEAWWP | Warrants s/ Jeronimo Martins - Call - 4,5 EUR - 18.06.2009 | 250.000 |
| KEAXWP | Warrants s/ Jeronimo Martins - Call - 5 EUR - 18.06.2009 | 250.000 |
| KEA3WP | Warrants s/ Jeronimo Martins - Call - 6 EUR - 18.06.2009 | 250.000 |
| KEBAWP | Warrants s/ Jeronimo Martins - Call - 3 EUR - 17.09.2009 | 250.000 |
| KEBEWP | Warrants s/ Jeronimo Martins - Call - 4 EUR - 17.09.2009 | 250.000 |
| KEBZWP | Warrants s/ Jeronimo Martins - Call - 5 EUR - 17.09.2009 | 250.000 |
| KEEEWP | Warrants s/ Jeronimo Martins - Call - 6 EUR - 17.09.2009 | 250.000 |
| KEEKWP | Warrants s/ Jeronimo Martins - Call - 3 EUR - 17.12.2009 | 250.000 |
| KEE2WP | Warrants s/ Jeronimo Martins - Call - 4 EUR - 17.12.2009 | 250.000 |
| KEE6WP | Warrants s/ Jeronimo Martins - Call - 5 EUR - 17.12.2009 | 250.000 |
| KEG8WP | Warrants s/ Martifer - Call - 3,75 EUR - 19.03.2009 | 100.000 |
| KEG9WP | Warrants s/ Martifer - Call - 3,5 EUR - 18.06.2009 | 100.000 |
| KEHAWP | Warrants s/ Martifer - Call - 4 EUR - 18.06.2009 | 100.000 |
| KEHBWP | Warrants s/ Martifer - Call - 4,5 EUR - 18.06.2009 | 100.000 |
| KEHFWP | Warrants s/ Mota-Engil - Call - 2,5 EUR - 19.03.2009 | 100.000 |
| KEHYWP | Warrants s/ Mota-Engil - Call - 2 EUR - 18.06.2009 | 100.000 |
| KEJHWP | Warrants s/ Mota-Engil - Call - 2,5 EUR - 18.06.2009 | 100.000 |
| KEJOWP | Warrants s/ Mota-Engil - Call - 3 EUR - 18.06.2009 | 100.000 |
| KEJSWP | Warrants s/ Mota-Engil - Call - 3,5 EUR - 18.06.2009 | 100.000 |
| KEKBWP | Warrants s/ Portucel - Call - 1,5 EUR - 19.03.2009 | 150.000 |
| KEKMWP | Warrants s/ Portucel - Call - 1,4 EUR - 18.06.2009 | 150.000 |
| KEKNWP | Warrants s/ Portucel - Call - 1,6 EUR - 18.06.2009 | 150.000 |
| KEK6WP | Warrants s/ Portucel - Call - 1,8 EUR - 18.06.2009 | 150.000 |
| KELFWP | Warrants s/ Portucel - Call - 2 EUR - 18.06.2009 | 150.000 |
| KEL8WP | Warrants s/ Portucel - Call - 1,5 EUR - 17.09.2009 | 150.000 |
| KEL9WP | Warrants s/ Portucel - Call - 1,7 EUR - 17.09.2009 | 150.000 |
| KEMAWP | Warrants s/ Portucel - Call - 2 EUR - 17.09.2009 | 150.000 |
| KEMCWP | Warrants s/ Portugal Telecom - Call - 6,5 EUR - 19.03.2009 | 500.000 |
| KEMDWP | Warrants s/ Portugal Telecom - Call - 5 EUR - 18.06.2009 | 500.000 |
| KEMEWP | Warrants s/ Portugal Telecom - Call - 6 EUR - 18.06.2009 | 500.000 |
| KEMHWP | Warrants s/ Portugal Telecom - Call - 6,5 EUR - 18.06.2009 | 500.000 |
| KEMIWP | Warrants s/ Portugal Telecom - Call - 7 EUR - 18.06.2009 | 500.000 |
| KEMJWP | Warrants s/ Portugal Telecom - Call - 7,5 EUR - 18.06.2009 | 500.000 |
| KEMNWP | Warrants s/ Portugal Telecom - Call - 6 EUR - 17.09.2009 | 500.000 |
| KEMOWP | Warrants s/ Portugal Telecom - Call - 7 EUR - 17.09.2009 | 500.000 |
| KEMQWP | Warrants s/ Portugal Telecom - Call - 8 EUR - 17.09.2009 | 500.000 |
| KEMRWP | Warrants s/ Portugal Telecom - Call - 7 EUR - 17.12.2009 | 500.000 |
| KEMTWP | Warrants s/ Portugal Telecom - Call - 8 EUR - 17.12.2009 | 500.000 |
| KEMVWP | Warrants s/ REN - Call - 2,7 EUR - 19.03.2009 | 100.000 |
| KEMWWP | Warrants s/ REN - Call - 2,5 EUR - 18.06.2009 | 100.000 |
| KEMXWP | Warrants s/ REN - Call - 2,8 EUR - 18.06.2009 | 100.000 |
| KEMZWP | Warrants s/ REN - Call - 3 EUR - 18.06.2009 | 100.000 |
| KEM2WP | Warrants s/ REN - Call - 3,2 EUR - 18.06.2009 | 100.000 |
| KEM3WP | Warrants s/ Semapa - Call - 6,5 EUR - 18.06.2009 | 100.000 |
| KEM5WP | Warrants s/ Semapa - Call - 7,5 EUR - 18.06.2009 | 100.000 |
| KEM6WP | Warrants s/ Sonae Capital - Call - 0,5 EUR - 19.03.2009 | 150.000 |
| KEM7WP | Warrants s/ Sonae Capital - Call - 0,5 EUR - 18.06.2009 | 150.000 |
| KENAWP | Warrants s/ Sonae Capital - Call - 0,7 EUR - 18.06.2009 | 150.000 |
| KENBWP | Warrants s/ Sonae Indústria - Call - 1,5 EUR - 19.03.2009 | 150.000 |
| KENEWP | Warrants s/ Sonae Indústria - Call - 1,8 EUR - 19.03.2009 | 150.000 |
| KENGWP | Warrants s/ Sonae Indústria - Call - 1,5 EUR - 18.06.2009 | 150.000 |
| KENIWP | Warrants s/ Sonae Indústria - Call - 1,8 EUR - 18.06.2009 | 150.000 |
| KENKWP | Warrants s/ Sonae Indústria - Call - 2 EUR - 18.06.2009 | 150.000 |
| KENNWP | Warrants s/ Sonae Indústria - Call - 2,2 EUR - 18.06.2009 | 150.000 |
| KENOWP | Warrants s/ Sonae Indústria - Call - 1,7 EUR - 17.09.2009 | 150.000 |
| KENQWP | Warrants s/ Sonae Indústria - Call - 2 EUR - 17.09.2009 | 150.000 |
| KENSWP | Warrants s/ Sonae Indústria - Call - 2,5 EUR - 17.09.2009 | 150.000 |
| KENTWP | Warrants s/ Sonae - Call - 0,6 EUR - 19.03.2009 | 200.000 |
| KEOVWP | Warrants s/ Sonae - Call - 0,4 EUR - 18.06.2009 | 200.000 |
| KEOXWP | Warrants s/ Sonae - Call - 0,4 EUR - 17.09.2009 | 200.000 |
| KEOZWP | Warrants s/ Sonae - Call - 0,5 EUR - 17.09.2009 | 200.000 |
| KEO1WP | Warrants s/ Sonae - Call - 0,6 EUR - 17.09.2009 | 200.000 |
| KEO2WP | Warrants s/ Sonae - Call - 0,7 EUR - 17.09.2009 | 200.000 |
| KEO3WP | Warrants s/ Sonae - Call - 0,8 EUR - 17.09.2009 | 200.000 |
| KEO5WP | Warrants s/ Sonae - Call - 0,5 EUR - 17.12.2009 | 200.000 |
| KEO7WP | Warrants s/ Sonae - Call - 0,8 EUR - 17.12.2009 | 200.000 |
| KEO9WP | Warrants s/ Sonae.com - Call - 0,8 EUR - 19.03.2009 | 100.000 |
| KEPBWP | Warrants s/ Sonae.com - Call - 1 EUR - 19.03.2009 | 100.000 |
| KEPCWP | Warrants s/ Sonae.com - Call - 1,5 EUR - 19.03.2009 | 100.000 |
| KEPDWP | Warrants s/ Sonae.com - Call - 1 EUR - 18.06.2009 | 100.000 |
| KEPFWP | Warrants s/ Sonae.com - Call - 1,2 EUR - 18.06.2009 | 100.000 |
| KEPGWP | Warrants s/ Sonae.com - Call - 1,5 EUR - 18.06.2009 | 100.000 |
| KEPHWP | Warrants s/ Teixeira Duarte - Call - 0,6 EUR - 19.03.2009 | 100.000 |
| KEPIWP | Warrants s/ Teixeira Duarte - Call - 0,6 EUR - 18.06.2009 | 100.000 |
| KEPJWP | Warrants s/ Teixeira Duarte - Call - 0,8 EUR - 18.06.2009 | 100.000 |
| KEPKWP | Warrants s/ Teixeira Duarte - Call - 1 EUR - 18.06.2009 | 100.000 |
| KEPLWP | Warrants s/ Teixeira Duarte - Call - 1,2 EUR - 18.06.2009 | 100.000 |
| KEPMWP | Warrants s/ ZON MULTIMÉDIA - Call - 3,75 EUR - 19.03.2009 | 150.000 |
| KEPNWP | Warrants s/ ZON MULTIMÉDIA - Call - 4 EUR - 19.03.2009 | 150.000 |
| KEPPWP | Warrants s/ ZON MULTIMÉDIA - Call - 4,5 EUR - 19.03.2009 | 150.000 |
| KEPRWP | Warrants s/ ZON MULTIMÉDIA - Call - 3,5 EUR - 18.06.2009 | 150.000 |
| KEPUWP | Warrants s/ ZON MULTIMÉDIA - Call - 4 EUR - 18.06.2009 | 150.000 |
| KEPWWP | Warrants s/ ZON MULTIMÉDIA - Call - 4,5 EUR - 18.06.2009 | 150.000 |
| KEP2WP | Warrants s/ ZON MULTIMÉDIA - Call - 5 EUR - 18.06.2009 | 150.000 |
| KEBSWP | Warrants Estruturados s/ DAX - Put - 5.250 EUR - 18.03.2009 | 1.500.000 |
| KEBUWP | Warrants Estruturados s/ DAX - Put - 5.100 EUR - 18.03.2009 | 1.500.000 |
| KEBVWP | Warrants Estruturados s/ DAX - Put - 5.050 EUR - 18.03.2009 | 1.500.000 |
INTERBOLSA, 8th January, 2009