NDX NOTICE: #07-507 KNOCK-OUT LEVEL REACHED FOR TURBO WARRANTS ISSUED BY COMMERZBANK

Marketmaking for turbowarrants issued by Commerzbank has ended. Under the terms and conditions of turbowarrants issued by Commerzbank, market making ends because the underlying instrument has reached the turbos knock-out level. End of market making is applicable immediately. The contracts will be delisted after the end of todays trading. Orderbook ID: 67119191 Contract: TDAX8A 7950CBK ISIN-code: DE000CB3LZE4 Orderbook ID: 67119192 Contract: TDAX8A 8000CBK ISIN-code: DE000CB3LZF1 For further information concerning this NDX notice please contact: NDX Market surveillance, +46 8 566 390 55 Or Commerzbank, 0200-272 272 warrants@kaupthing.se About NDX Nordic derivatives Exchange (NDX) is a market for listing and trading of derivatives and other structured products. The market is operated by Nordic Growth Market (www.ngm.se), a regulated exchange under the supervision of the Swedish Financial Supervisory Authority. NDX offers listing and trading of derivatives and structured products and the ambition is to offer issuers and other market participants a flexible market for all types of products. Especially important for NDX is the encouragement of a market driven product development as well as the establishment of a powerful framework for marketing of issuers and issuers' products. NDX offers an increased influence for issuers and increased opportunities for product development. Further, NDX offers a platform that also aims at increasing the understanding and knowledge of derivatives and other structured products for the members' customers.