Registry of warrants issued by Commerzbank Aktiengesellshaft

Date

21/02/2007

Notice Number

07/0181

NOTICE N.º 0181/07

We hereby inform that, on 20^th February, 2007, 150.000 units, regarding the increase of the issue "Warrants sobre Portucel - Call - 2.7 EUR - 15.06.2007", issued by the company Commerzbank Aktiengesellshaft, were registered, under the code KCTNWP. These warrants are fungible with 300.000 warrants already issued (total amount in circulation: 450.000).

INTERBOLSA, 21^th February, 2007