NOTICE N.º 0895/11
We hereby inform that, on 23th June, 2011, the following issues of warrants, shall be registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KEPAWP | Warrants Est. s/ EUR/USD-Call-1,36 USD-24.08.11 | 1.000.000 |
| KEPBWP | Warrants Est. s/ EUR/USD-Call-1,4 USD-24.08.11 | 1.000.000 |
| KEPCWP | Warrants Est. s/ EUR/USD-Call-1,42 USD-24.08.11 | 1.000.000 |
| KEPDWP | Warrants Est. s/ EUR/USD-Put-1,46 USD-24.08.11 | 1.000.000 |
| KEPEWP | Warrants Est. s/ EUR/USD-Put-1,48 USD-24.08.11 | 1.000.000 |
| KEPFWP | Warrants Est. s/ EUR/USD-Put-1,52 USD-24.08.11 | 1.000.000 |
| KEPGWP | Warrants Est. s/ GOLD SPOT-Call-1.500 USD-24.08.11 | 1.000.000 |
| KEPHWP | Warrants Est. s/ GOLD SPOT-Call-1.400 USD-24.08.11 | 1.000.000 |
| KEPIWP | Warrants Est. s/ GOLD SPOT-Call-1.300 USD-24.08.11 | 1.000.000 |
| KEPJWP | Warrants Est. s/ GOLD SPOT-Put-1.600 USD-24.08.11 | 1.000.000 |
| KEPKWP | Warrants Est. s/ GOLD SPOT-Put-1.700 USD-24.08.11 | 1.000.000 |
| KEPLWP | Warrants Est. s/ GOLD SPOT-Put-1.800 USD-24.08.11 | 1.000.000 |
| KEPMWP | Warrants Est. s/ SILVER SPOT-Call-26 USD-24.08.11 | 1.000.000 |
| KEPNWP | Warrants Est. s/ SILVER SPOT-Call-30 USD-24.08.11 | 1.000.000 |
| KEPOWP | Warrants Est. s/ SILVER SPOT-Call-34 USD-24.08.11 | 1.000.000 |
| KEPPWP | Warrants Est. s/ SILVER SPOT-Put-38 USD-24.08.11 | 1.000.000 |
| KEPQWP | Warrants Est. s/ SILVER SPOT-Put-42 USD-24.08.11 | 1.000.000 |
| KEPRWP | Warrants Est. s/ SILVER SPOT-Put-46 USD-24.08.11 | 1.000.000 |
INTERBOLSA, 22th June, 2011