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 3

States, Canada, Japan or Australia. Securities 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 (the
"Securities Act"). The securities of COMMERZBANK Aktiengesellschaft
described herein have not been and will not be registered under the
Securities Act, or the laws of any state or territory of the United States,
and may not be offered or sold within the United States, except pursuant to
an exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act and any other applicable laws.
COMMERZBANK Aktiengesellschaft does not intend to register any portion of
the offering described herein in the United States or conduct a public
offering of securities in the United States.

This ad hoc release is for information purposes only and does not
constitute an offer document or an offer of transferable securities to the
public in the U.K. to which section 85 of the Financial Services and
Markets Act 2000 of the U.K. ("FSMA") applies and should not be considered
as a recommendation that any person should subscribe for or purchase any of
the Securities. The Securities will not be offered or sold to any person in
the U.K. except in circumstances which have not resulted and will not
result in an offer to the public in the U.K. in contravention of section
85(1) of FSMA.

The communication of this document is restricted by law; it is not intended
for distribution to, or use by any person in, any jurisdiction where such
distribution or use would be contrary to local law or regulation.

This ad hoc release is not being distributed by, nor has it been approved
for the purposes of section 21 of FSMA by, a person authorised under FSMA.
This document is being communicated only to, and is directed only at, (I)
persons who are outside the United Kingdom (II) to investment professionals
falling within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005, as amended (the "Order") or (III) high
net worth companies and other persons within the categories described in
Article 49(2)(a) to (d) of the Order (all such persons together being
referred to as "Relevant Persons").

Any person who is not a Relevant Person should not take any action on the
basis of this document and should not act or rely on this document or any
of its contents. The Securities are available only to, and any invitation,
offer or agreement to purchase will be engaged in only with Relevant