NOTICE N.º 0865/09
We hereby inform that, on 28th July, 2009, the following issues of bearer warrants, were registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KCTHWP | Warrants Estruturados s/ DAX - Call - 5.000 EUR - 19.08.2009 | 1.500.000 |
| KCURWP | Warrants Estruturados s/ DAX - Call - 5.050 EUR - 19.08.2009 | 1.500.000 |
| KCVWWP | Warrants Estruturados s/ DAX - Call - 5.100 EUR - 19.08.2009 | 1.500.000 |
| KCV1WP | Warrants Estruturados s/ DAX - Call - 5.150 EUR - 19.08.2009 | 1.500.000 |
| KCV2WP | Warrants Estruturados s/ DAX - Call - 5.200 EUR - 19.08.2009 | 1.500.000 |
| KCWFWP | Warrants Estruturados s/ DAX - Put - 5.350 EUR - 16.09.2009 | 1.500.000 |
| KCWKWP | Warrants Estruturados s/ DAX - Put - 5.450 EUR - 16.09.2009 | 1.500.000 |
| KCWVWP | Warrants Estruturados s/ DAX - Put - 5.500 EUR - 16.09.2009 | 1.500.000 |
| KCXZWP | Warrants Estruturados s/ DAX - Put - 5.600 EUR - 16.09.2009 | 1.500.000 |
| KCYDWP | Warrants Inline s/ DAX - Call 4.800/Put 5.800 EUR - 16.09.2009 | 1.500.000 |
| KCYUWP | Warrants Inline s/ DAX - Call 4.500/Put 6.000 EUR - 16.09.2009 | 1.500.000 |
| KC31WP | Warrants Inline s/ DAX - Call 4.900/Put 5.700 EUR - 16.09.2009 | 1.500.000 |
| KC48WP | Warrants Inline s/ DAX - Call 4.700/Put 5.900 EUR - 16.09.2009 | 1.500.000 |
| KC49WP | Warrants Inline s/ IBEX - Call 9.400/Put 11.800 EUR - 16.09.2009 | 1.500.000 |
| KC6CWP | Warrants Inline s/ IBEX - Call 9.600/Put 11.600 EUR - 16.09.2009 | 1.500.000 |
| KC6GWP | Warrants Inline s/ IBEX - Call 9.900/Put 11.300 EUR - 16.09.2009 | 1.500.000 |
| KC6KWP | Warrants Inline s/ CAC 40 - Call 2.900/Put 3.900 EUR - 16.09.2009 | 1.500.000 |
| KC6NWP | Warrants Inline s/ CAC 40 - Call 3.000/Put 3.800 EUR - 16.09.2009 | 1.500.000 |
| KC8VWP | Warrants Inline s/ CAC 40 - Call 3.100/Put 3.600 EUR - 16.09.2009 | 1.500.000 |
INTERBOLSA, 28th July, 2009