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Registry of warrants issued by Commerzbank Aktiengesellshaft

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07/0439

NOTICE N.º 0439/07

We hereby inform that, on 20th April, 2007, 100.000 units, regarding the increase of the issue "Warrants sobre Jerónimo Martins - Call - 19 EUR - 15.06.2007", issued by the company Commerzbank Aktiengesellshaft, were registered, under the code KCTPWP. These warrants are fungible with 100.000 warrants already issued (total amount in circulation: 200.000).

INTERBOLSA, 23th April, 2007