NOTICE N.º 1543/10
We hereby inform that, on 1st December, 2010, the following issues of warrants, shall be registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KECMWP | Warrants Est. s/ EUR/USD-Call-1,23 USD-11.01.11 | 1.000.000 |
| KECNWP | Warrants Est. s/ EUR/USD-Call-1,25 USD-11.01.11 | 1.000.000 |
| KECOWP | Warrants Est. s/ EUR/USD-Call-1,27 USD-11.01.11 | 1.000.000 |
| KECPWP | Warrants Est. s/ EUR/USD-Put-1,33 USD-11.01.11 | 1.000.000 |
| KECQWP | Warrants Est. s/ EUR/USD-Put-1,35 USD-11.01.11 | 1.000.000 |
| KECRWP | Warrants Est. s/ EUR/USD-Put-1,37 USD-11.01.11 | 1.000.000 |
| KECSWP | Warrants Est. s/ GOLD SPOT-Call-1.150 USD-11.01.11 | 1.000.000 |
| KECTWP | Warrants Est. s/ GOLD SPOT-Call-1.250 USD-11.01.11 | 1.000.000 |
| KECUWP | Warrants Est. s/ GOLD SPOT-Put-1.450 USD-11.01.11 | 1.000.000 |
| KECVWP | Warrants Est. s/ GOLD SPOT-Put-1.550 USD-11.01.11 | 1.000.000 |
| KECWWP | Warrants Est. s/ SILVER SPOT-Call-23 USD-11.01.11 | 1.000.000 |
| KECXWP | Warrants Est. s/ SILVER SPOT-Call-25 USD-11.01.11 | 1.000.000 |
| KECYWP | Warrants Est. s/ SILVER SPOT-Put-29 USD-11.01.11 | 1.000.000 |
| KECZWP | Warrants Est. s/ SILVER SPOT-Put-31 USD-11.01.11 | 1.000.000 |
| KEC1WP | Warrants Est. s/ IBEX-Call-8.700 EUR-19.01.11 | 1.500.000 |
| KEC2WP | Warrants Est. s/ IBEX-Call-8.900 EUR-19.01.11 | 1.500.000 |
| KEC3WP | Warrants Est. s/ IBEX-Call-9.100 EUR-19.01.11 | 1.500.000 |
| KEC4WP | Warrants Est. s/ IBEX-Put-9.500 EUR-19.01.11 | 1.500.000 |
| KEC5WP | Warrants Est. s/ IBEX-Put-9.700 EUR-19.01.11 | 1.500.000 |
| KEC6WP | Warrants Est. s/ IBEX-Put-9.900 EUR-19.01.11 | 1.500.000 |
| KEC7WP | Warrants Est. s/ Nasdaq100-Call-1.975 USD-19.01.11 | 1.000.000 |
| KEC8WP | Warrants Est. s/ Nasdaq100-Call-2.025 USD-19.01.11 | 1.000.000 |
| KEC9WP | Warrants Est. s/ Nasdaq100-Call-2.075 USD-19.01.11 | 1.000.000 |
| KEOAWP | Warrants Est. s/ Nasdaq100-Put-2.225 USD-19.01.11 | 1.000.000 |
| KEOBWP | Warrants Est. s/ Nasdaq100-Put-2.275 USD-19.01.11 | 1.000.000 |
| KEOCWP | Warrants Est. s/ Nasdaq100-Put-2.325 USD-19.01.11 | 1.000.000 |
INTERBOLSA, 30th November, 2010