Cancellation of the registry of KCZPWP

NOTICE N.º 0319/06

We hereby inform that, as a result of the existence of the conditions for the anticipated loss of the rights inherent to "W. estruturados s/ DAX - call - 5.900 EUR - 19.04.2006", issued by Commerzbank Aktiengesellshaft, and registered under the code KCZPWP, one has cancelled the registry on 31^th March, 2006.

INTERBOLSA, 3^rd April, 2006