NOTICE N.º 1765/11
We hereby inform that, for having reached the maturity on 6th December, 2011, one was cancelled, on 8 of the present month, the registry of the following issues of warrants issued by Commerzbank Aktiengesellshaft:
| Code | Name |
| KE3AWP | Warrants Estruturados s/ EUR/USD-Call-1,38 USD-06.12.11 |
| KE3BWP | Warrants Estruturados s/ EUR/USD-Call-1,4 USD-06.12.11 |
| KE3CWP | Warrants Estruturados s/ EUR/USD-Call-1,42 USD-06.12.11 |
| KE3DWP | Warrants Estruturados s/ EUR/USD-Call-1,44 USD-06.12.11 |
| KE3EWP | Warrants Estruturados s/ EUR/USD-Put-1,42 USD-06.12.11 |
| KE3FWP | Warrants Estruturados s/ EUR/USD-Put-1,4 USD-06.12.11 |
| KE3GWP | Warrants Estruturados s/ EUR/USD-Put-1,38 USD-06.12.11 |
| KE3HWP | Warrants Estruturados s/ EUR/USD-Put-1,36 USD-06.12.11 |
INTERBOLSA, 9th December, 2011