NOTICE N.º 0775/14
We hereby inform that, on 3rd July, 2014, the following issues of warrants, were registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KD2XWP | Warrants s/ Banco Espirito Santo-Call-0,7 EUR-18.12.2014 | 500.000 |
| KD2YWP | Warrants s/ Banco Espirito Santo-Call-0,8 EUR-18.12.2014 | 500.000 |
| KD2ZWP | Warrants s/ Banco Espirito Santo-Call-1 EUR-18.12.2014 | 500.000 |
| KD21WP | Warrants s/ Banco Espirito Santo-Call-1,1 EUR-18.12.2014 | 500.000 |
| KD22WP | Warrants s/ Banco Espirito Santo-Call-0,7 EUR-18.03.2015 | 500.000 |
| KD23WP | Warrants s/ Banco Espirito Santo-Call-0,8 EUR-18.03.2015 | 500.000 |
| KFMAWP | Warrants s/ Banco Espirito Santo-Call-0,9 EUR-18.03.2015 | 500.000 |
| KFMBWP | Warrants s/ Banco Espirito Santo-Call-1 EUR-18.03.2015 | 500.000 |
| KFMCWP | Warrants s/ BCP-Call-0,1 EUR-18.12.2014 | 500.000 |
| KFMDWP | Warrants s/ BCP-Call-0,15 EUR-18.12.2014 | 500.000 |
| KFMEWP | Warrants s/ BCP-Call-0,2 EUR-18.12.2014 | 500.000 |
| KFMFWP | Warrants s/ BCP-Call-0,1 EUR-18.03.2015 | 500.000 |
| KFMGWP | Warrants s/ BCP-Call-0,12 EUR-18.03.2015 | 500.000 |
| KFMHWP | Warrants s/ BCP-Call-0,15 EUR-18.03.2015 | 500.000 |
| KFMIWP | Warrants s/ BCP-Call-0,2 EUR-18.03.2015 | 500.000 |
| KFMJWP | Warrants s/ BCP-Call-0,3 EUR-18.03.2015 | 500.000 |
| KFMKWP | Warrants s/ EDP-Call-4 EUR-18.12.2014 | 500.000 |
| KFMLWP | Warrants s/ EDP-Call-3,5 EUR-18.03.2015 | 500.000 |
| KFMMWP | Warrants s/ EDP-Call-4 EUR-18.03.2015 | 500.000 |
| KFMNWP | Warrants s/ EDP-Call-4,5 EUR-18.03.2015 | 500.000 |
| KFMOWP | Warrants s/ EDP-Put-3,5 EUR-18.03.2015 | 500.000 |
| KFMPWP | Warrants s/ EDP-Put-3 EUR-18.03.2015 | 500.000 |
| KFMQWP | Warrants s/ REN Redes Energeticas Nacionais-Call-2,5 EUR-18.03.2015 | 100.000 |
| KFMRWP | Warrants s/ REN Redes Energeticas Nacionais-Call-3 EUR-18.03.2015 | 100.000 |
| KFMSWP | Warrants s/ REN Redes Energeticas Nacionais-Call-3,5 EUR-18.03.2015 | 100.000 |
| KFMTWP | Warrants s/ Telefonica-Call-12,5 EUR-18.03.2015 | 250.000 |
| KFMUWP | Warrants s/ Telefonica-Call-15 EUR-18.03.2015 | 250.000 |
| KFMVWP | Warrants s/ Telefonica-Put-12,5 EUR-18.03.2015 | 250.000 |
INTERBOLSA, 3rd July, 2014