NOTICE N.º 0393/11
We hereby inform that, on 18th March, 2011, the following issues of warrants, were registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KFJKWP | Warrants estruturados s/ CAC 40-Call-3.500 EUR-13.04.11 | 1.000.000 |
| KFJLWP | Warrants estruturados s/ CAC 40-Call-3.600 EUR-13.04.11 | 1.000.000 |
| KFJMWP | Warrants estruturados s/ CAC 40-Call-3.650 EUR-13.04.11 | 1.000.000 |
| KFJNWP | Warrants estruturados s/ CAC 40-Call-3.700 EUR-13.04.11 | 1.000.000 |
| KFJOWP | Warrants estruturados s/ CAC 40-Put-3.850 EUR-13.04.11 | 1.000.000 |
| KFJPWP | Warrants estruturados s/ CAC 40-Put-3.900 EUR-13.04.11 | 1.000.000 |
| KFJQWP | Warrants estruturados s/ CAC 40-Put-3.950 EUR-13.04.11 | 1.000.000 |
| KFJRWP | Warrants estruturados s/ CAC 40-Put-4.000 EUR-13.04.11 | 1.000.000 |
INTERBOLSA, 18th March, 2011