NOTICE N.º 0845/12
We hereby inform that, on 26th June, 2012, the following issues of warrants, shall be registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KFJVWP | Warrants estruturados s/ GOLD SPOT $/OZ - Call-1.200 USD-18.12.2012 | 1.000.000 |
| KFJWWP | Warrants estruturados s/ GOLD SPOT $/OZ - Call-1.300 USD-18.12.2012 | 1.000.000 |
| KFJXWP | Warrants estruturados s/ GOLD SPOT $/OZ - Call-1.400 USD-18.12.2012 | 1.000.000 |
| KFJYWP | Warrants estruturados s/ GOLD SPOT $/OZ - Call-1.500 USD-18.12.2012 | 1.000.000 |
| KFJZWP | Warrants estruturados s/ GOLD SPOT $/OZ - Put-1.600 USD-18.12.2012 | 1.000.000 |
| KFJ1WP | Warrants estruturados s/ GOLD SPOT $/OZ - Put-1.700 USD-18.12.2012 | 1.000.000 |
| KFJ2WP | Warrants estruturados s/ GOLD SPOT $/OZ - Put-1.800 USD-18.12.2012 | 1.000.000 |
| KFJ3WP | Warrants estruturados s/ GOLD SPOT $/OZ - Put-1.900 USD-18.12.2012 | 1.000.000 |
| KFJ4WP | Warrants estruturados s/ SILVER SPOT $/OZ - Call-20 USD-18.12.2012 | 1.000.000 |
| KFJ5WP | Warrants estruturados s/ SILVER SPOT $/OZ - Call-22 USD-18.12.2012 | 1.000.000 |
| KFJ6WP | Warrants estruturados s/ SILVER SPOT $/OZ - Call-24 USD-18.12.2012 | 1.000.000 |
| KFJ7WP | Warrants estruturados s/ SILVER SPOT $/OZ - Put-28 USD-18.12.2012 | 1.000.000 |
| KFJ8WP | Warrants estruturados s/ SILVER SPOT $/OZ - Put-30 USD-18.12.2012 | 1.000.000 |
| KFJ9WP | Warrants estruturados s/ SILVER SPOT $/OZ - Put-32 USD-18.12.2012 | 1.000.000 |
INTERBOLSA, 25th June, 2012