NOTICE N.º 0937/12
We hereby inform that, on 16th July, 2012, the following issues of warrants, shall be registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KE33WP | Warrants Estruturados s/ DAX 30 - Put-6.200 EUR-19.09.2012 | 1.000.000 |
| KE34WP | Warrants Estruturados s/ DAX 30 - Put-6.600 EUR-19.09.2012 | 1.000.000 |
| KE35WP | Warrants Estruturados s/ DAX 30 - Put-6.400 EUR-19.12.2012 | 1.000.000 |
| KE36WP | Warrants Estruturados s/ DAX 30 - Put-6.600 EUR-19.12.2012 | 1.000.000 |
| KE37WP | Warrants Estruturados s/ DAX 30 - Put-6.800 EUR-19.12.2012 | 1.000.000 |
| KE38WP | Warrants Estruturados s/ DAX 30 - Call-6.400 EUR-19.12.2012 | 1.000.000 |
| KE39WP | Warrants Estruturados s/ DAX 30 - Call-6.600 EUR-19.12.2012 | 1.000.000 |
INTERBOLSA, 13th July, 2012