NOTICE N.º 1773/11
We hereby inform that, on 12th December, 2011, the following issues of warrants, were registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KC1NWP | Warrants sobre Gold-Call-1.700 USD-16.03.2012 | 500.000 |
| KC1OWP | Warrants sobre Gold-Call-1.800 USD-16.03.2012 | 500.000 |
| KC1PWP | Warrants sobre Gold-Call-1.900 USD-16.03.2012 | 500.000 |
| KC1QWP | Warrants sobre Gold-Call-2.000 USD-16.03.2012 | 500.000 |
| KC1RWP | Warrants sobre Gold-Put-1.800 USD-16.03.2012 | 500.000 |
| KC1SWP | Warrants sobre Gold-Put-1.700 USD-16.03.2012 | 500.000 |
| KC1TWP | Warrants sobre Gold-Put-1.600 USD-16.03.2012 | 500.000 |
| KC1UWP | Warrants sobre Gold-Put-1.500 USD-16.03.2012 | 500.000 |
| KC1VWP | Warrants sobre Gold-Call-1.800 USD-15.06.2012 | 500.000 |
| KC1WWP | Warrants sobre Gold-Call-2.000 USD-15.06.2012 | 500.000 |
| KC1XWP | Warrants sobre Gold-Call-2.200 USD-15.06.2012 | 500.000 |
| KC1YWP | Warrants sobre Gold-Put-1.600 USD-15.06.2012 | 500.000 |
| KC1ZWP | Warrants sobre Gold-Put-1.400 USD-15.06.2012 | 500.000 |
| KC11WP | Warrants sobre Gold-Put-1.200 USD-15.06.2012 | 500.000 |
| KC12WP | Warrants sobre Silver-Call-30 USD-16.03.2012 | 500.000 |
| KC13WP | Warrants sobre Silver-Call-32 USD-16.03.2012 | 500.000 |
| KC14WP | Warrants sobre Silver-Call-34 USD-16.03.2012 | 500.000 |
| KC15WP | Warrants sobre Silver-Call-40 USD-16.03.2012 | 500.000 |
| KC16WP | Warrants sobre Silver-Put-32 USD-16.03.2012 | 500.000 |
| KC17WP | Warrants sobre Silver-Put-30 USD-16.03.2012 | 500.000 |
| KC5AWP | Warrants sobre Silver-Put-28 USD-16.03.2012 | 500.000 |
| KC5BWP | Warrants sobre Silver-Put-24 USD-16.03.2012 | 500.000 |
| KC5CWP | Warrants sobre Silver-Call-32 USD-15.06.2012 | 500.000 |
| KC5DWP | Warrants sobre Silver-Call-36 USD-15.06.2012 | 500.000 |
| KC5EWP | Warrants sobre Silver-Call-40 USD-15.06.2012 | 500.000 |
| KC5FWP | Warrants sobre Silver-Put-30 USD-15.06.2012 | 500.000 |
| KC5GWP | Warrants sobre Silver-Put-26 USD-15.06.2012 | 500.000 |
| KC5HWP | Warrants sobre Silver-Put-20 USD-15.06.2012 | 500.000 |
INTERBOLSA, 12th December, 2011