NOTICE N.º 1432/09
We hereby inform that, on 16th December, 2009, the following issues of warrants, were registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KCTOWP | Warrants Est. s/ IBEX 35 - Call - 11.200 EUR - 13.01.10 | 1.500.000 |
| KCWTWP | Warrants Est. s/ IBEX 35 - Call - 11.500 EUR - 13.01.10 | 1.500.000 |
| KCZBWP | Warrants Est. s/ IBEX 35 - Put - 11.800 EUR - 13.01.10 | 1.500.000 |
| KCZOWP | Warrants Est. s/ IBEX 35 - Put - 12.000 EUR - 13.01.10 | 1.500.000 |
INTERBOLSA, 16th December, 2009