Registry of KCWNWP

NOTICE N.º 0028/06

We hereby inform that, on 11^th January, 2006, 5.000.000 warrants, of the company Commerzbank Aktiengesellshaft, shall be registered, regarding the issue "W. estruturados sobre DAX - call - 5400 EUR - 22.02.2006", under the code KCWNWP.

INTERBOLSA, 10^th January, 2006