NOTICE N.º 0047/16
We hereby inform that, on 15th January, 2016, the following issues of warrants, shall be registered, issued by Commerzbank Aktiengesellshaft:
| Code | Name | Quantity |
| KFNXWP | CZ/W.E. EUR/USD-Call-1,06 USD-160316 | 500.000 |
| KFNYWP | CZ/W.E. EUR/USD-Call-1,07 USD-160316 | 500.000 |
| KFNTWP | CZ/W.E. EUR/USD-Put-1,10 USD-160316 | 500.000 |
| KFNUWP | CZ/W.E. EUR/USD-Put-1,11 USD-160316 | 500.000 |
| KFNVWP | CZ/W.E. EUR/USD-Put-1,13 USD-160316 | 500.000 |
| KFN7WP | CZ/W.E. EUR/USD-Put-1,14 USD-160316 | 500.000 |
| KFN8WP | CZ/W.E. EUR/USD-Put-1,16 USD-160316 | 500.000 |
| KFN9WP | CZ/W.E. EUR/USD-Put-1,18 USD-160316 | 500.000 |
INTERBOLSA, 14th January, 2016