Cancellation of the registry of KCWDWP

NOTICE N.º 0011/06

We hereby inform that, as a result of the existence of the conditions for the anticipated loss of the rights inherent to "W. estruturados sobre DAX - put - 5450,00 EUR - 22.02.2006", issued by Commerzbank Aktiengesellschaft, and registered under the code KCWDWP, one has cancelled the registry on 3^rd January, 2006.

INTERBOLSA, 4^th January, 2006