Cancellation of the registry of KCWCWP

Date

05/01/2006

Notice Number

06/0015

NOTICE N.º 0015/06

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 - call - 5400,00 EUR - 20.01.2006", issued by Commerzbank Aktiengesellschaft, and registered under the code KCWCWP, one has cancelled the registry on 4^th January, 2006.

INTERBOLSA, 5^th January, 2006