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Cancellation of the registry of KFCBWP

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11/0165

NOTICE N.º 0165/11

We hereby inform that, as a result of the existence of the conditions for the anticipated loss of the rights inherent to "Warrants Estruturados s/ DAX-Put-7.150 EUR-16.02.11", issued by Commerzbank Aktiengesellshaft, and registered under the code KFCBWP, one was cancelled the registry on 31th January, 2011.

INTERBOLSA, 1st February, 2011