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May 07, 2009

Personnel changes on the board of management of Commerzbank

The Supervisory Board of Commerzbank today appointed Martin Blessing, spokesperson for the board of management, as the chairman of the board of management. In addition, the Supervisory Board appointed Ulrich Sieber (43) and Jochen Klösges (44) as at June 1 as new members of the board. Ulrich Sieber will at the same time be the Chief Human Resources Officer of the bank. Finally, the Supervisory Board decided that Wolfgang Hartmann (59) is to leave the board of management. His successor with immediate effect as Chief Risk Officer will be Dr. Stefan Schmittmann (52), to date responsible on the board for the areas Commercial Real Estate and Central & Eastern Europe (CEE).


This release contains statements concerning the expected future business of Commerzbank, efficiency gains and synergies expected in connection with the transaction, expected growth prospects and other opportunities for an increase in value of the company as well as expected future net income per share, restructuring costs and other financial data. These forward-looking statements are based on management's current expectations, estimates and projections. They are subject to a number of assumptions and involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from any future results and developments expressed or implied by such forward-looking statements. Commerzbank has no obligation to periodically update or release any revisions to the forward-looking statements contained in this release to reflect events or circumstances after the date of this release.

This release does not constitute an offer to sell or a solicitation of an offer to buy shares of Commerzbank. Shares of Commerzbank may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Commerzbank does not intend to conduct a public offering of shares in the United States.