DGAP-Adhoc

Commerzbank: Preliminary result for first quarter of 2015 - Increase in share capital by as much as 10% through an accelerated bookbuilding procedure - Seite 2

The Board of Managing Directors of Commerzbank AG today decided, with the
consent of the Supervisory Board, to increase the share capital so as to
further strengthen the capital resources of Commerzbank. To this end as
many as 113.85 million new no-par-value shares are to be issued from
authorised capital with the exclusion of subscription rights. The new
shares are endowed with full dividend entitlement for the current financial
year and will be offered to institutional investors through a private
placement through the so-called accelerated bookbuilding procedure. Gross
issue proceeds of as much as EUR 1.4 billion are to be attained with the
placement. Commerzbank AG and Deutsche Bank are Joint Global Coordinator of
the placement. After the successful completion of the capital measure
announced today the Bank expects a further increase in the Common Equity
Tier 1 ratio with full application of Basel 3 to presumably more than 10%
(pro forma as at the end of March 2015). The leverage ratio is expected to
improve to 3.9% (pro forma as end of March 2015).

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Excerpt preliminary results first quarter of 2015

in EUR m                                                  Q1 2015   Q1 2014


Revenues before loan loss provisions                        2,782     2,260


thereof net interest and trading income                     2,017     1,538


thereof commission income                                     900       815


thereof other income                                         -135       -93


Loan loss provisions                                         -158      -238


Operating expenses                                          1,939     1,698


Operating profit                                              685       324


Pre-tax profit                                                619       324


Consolidated profit attributable to Commerzbank               366       200
shareholders





in %                                                      Q1 2015   Q4 2014


CET1 ( full application of Basel 3)                           9.5       9.3


Leverage ratio ( full application of Basel 3)                 3.7       3.6

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Disclaimer
This ad hoc release does not constitute a prospectus, an offer to sell
securities, or a solicitation of an offer to buy securities, in the United
States of America or in any other jurisdiction and may not be published,
distributed or transmitted, directly or indirectly, in or into the United