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Cancellation of the registry of KC48WP

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08/1383

NOTICE N.º 1383/08

We hereby inform that, as a result of the existence of the conditions for the anticipated loss of the rights inherent to "Warrants Estruturados sobre EUR/USD - Call 1,225/Put 1,415 USD - 18.02.2009", issued by Commerzbank Aktiengesellshaft, and registered under the code KC48WP, one was cancelled the registry on 22th December, 2008.

INTERBOLSA, 23th December, 2008