14 August, Final Terms Commerzbank Aktiengesellschaft (the r ) Call and Put 2006 relating to Shares denominated (the ) issued under the r s Base Prospectus relating to on Shares, Indices, Currency Rates and Precious Metals dated 16 April, Introduction These Final Terms are to be read in conjunction with the Base Prospectus of Commerzbank Aktiengesellschaft relating on Shares, Indices, Currency Rates and Precious Metals dated 16 April, and its Supplement A dated 10 May, (the Prospectus ). The information in these Final Terms supplements the Terms and Conditions of Share ' as set out in the Prospectus (the Terms and Conditions ) and may specify other terms and conditions which shall, to the extent so specified or to the extent inconsistent with the Terms and Conditions, supplement, modify or replace the Terms and Conditions for the purposes of the. The r accepts responsibility for the information contained in these Final Terms subject as provided below. To the best of the knowledge and belief of the r (who has taken all reasonable care to ensure that such is the case), the information contained in the Prospectus, as amended and/or supplemented by these Final Terms in relation to the, is (subject as provided below) true and accurate in all material aspects and, in the context of the issue of the, there are no other material facts the omission of which would make any statement in such information misleading. The Information on the Shares (the Information ) is based on publicly available sources and is not necessarily the latest information available. The r accepts responsibility for accurately reproducing the sources of the Information. No further or other responsibility (expressed or implied) in respect of the Information is accepted by the r. 1
Warrant details: The are American Style and may be exercised on any Business Day during the Exercise Period. Number of ( NL0000301109) ( NL0000301109) Strike DE000CB3HAA3 603208 38.00 1.0 19 December, DE000CB3HAB1 603209 40.00 1.0 19 December, 1.25 0.66 ( NL0000301109) ( NL0000301109) DE000CB3HAC9 603210 40.00 1.0 19 March, 2008 1.27 DE000CB3HAD7 603211 45.00 1.0 19 March, 2008 0.39 ( NL0000301109) DE000CB3HAE5 603212 32.00 1.0 19 December, 1.26 ( NL0000301109) DE000CB3HAF2 603213 30.00 1.0 19 March, 2008 1.14 Hagemeyer ( NL0000355477) DE000CB3HAG0 603214 4.50 1.0 19 December, 0.33 Hagemeyer ( NL0000355477) Hagemeyer ( NL0000355477) Hagemeyer ( NL0000355477) DE000CB3HAH8 603215 4.50 1.0 19 March, 2008 0.50 DE000CB3HAJ4 603216 5.00 1.0 19 March, 2008 0.38 DE000CB3HAK2 603217 3.00 1.0 19 March, 2008 0.28 ASML Holding ( NL0000334365) DE000CB3HAL0 603218 24.00 1.0 19 December, 0.65 ASML Holding ( NL0000334365) DE000CB3HAM8 603219 25.00 1.0 19 March, 2008 0.50 2
ASML Holding ( NL0000334365) ASML Holding ( NL0000334365) Strike DE000CB3HAN6 603220 27.00 1.0 19 March, 2008 0.51 DE000CB3HAP1 603221 19.00 1.0 19 March, 2008 0.64 Koninklijke Ahold ( NL0000331817) Koninklijke Ahold ( NL0000331817) DE000CB3HAQ9 603222 10.00 1.0 19 December, DE000CB3HAR7 603223 11.00 1.0 19 December, 0.48 0.24 Koninklijke Ahold ( NL0000331817) Koninklijke Ahold ( NL0000331817) Koninklijke Ahold ( NL0000331817) DE000CB3HAS5 603224 11.00 1.0 19 March, 2008 0.44 DE000CB3HAT3 603225 12.00 1.0 19 March, 2008 0.27 DE000CB3HAU1 603226 7.50 1.0 19 March, 2008 0.27 DSM ( NL0000009827) DSM ( NL0000009827) DE000CB3HAV9 603227 40.00 1.0 19 December, DE000CB3HAW7 603228 44.00 1.0 19 December, 1.74 0.72 DSM ( NL0000009827) DSM ( NL0000009827) DE000CB3HAX5 603229 45.00 1.0 19 March, 2008 1.20 DE000CB3HAY3 603230 35.00 1.0 19 March, 2008 1.61 ( BE0003801181) ( BE0003801181) DE000CB3HAZ0 603231 30.00 1.0 19 December, DE000CB3HBA1 603232 32.00 1.0 19 December, 1.18 0.66 ( BE0003801181) ( BE0003801181) DE000CB3HBB9 603233 32.00 1.0 19 March, 2008 1.22 DE000CB3HBC7 603234 35.00 1.0 19 March, 2008 0.63 ( BE0003801181) DE000CB3HBD5 603235 26.00 1.0 19 December, 1.22 3
( BE0003801181) Strike DE000CB3HBE3 603236 25.00 1.0 19 March, 2008 1.31 KBC Groep ( BE0003565737) KBC Groep ( BE0003565737) Brussels /S.A. Brussels /S.A. DE000CB3HBR5 603247 95.00 1.0 19 December, DE000CB3HBS3 603248 100.00 1.0 19 December, 4.78 3.00 KBC Groep ( BE0003565737) Brussels /S.A. DE000CB3HBT1 603249 105.00 1.0 19 March, 2008 3.49 KBC Groep ( BE0003565737) Brussels /S.A. DE000CB3HBU9 603250 85.00 1.0 19 December, 2.94 KBC Groep ( BE0003565737) Brussels /S.A. DE000CB3HBV7 603251 85.00 1.0 19 March, 2008 4.27 ING Groep ( NL0000303600) ING Groep ( NL0000303600) DE000CB3HBW5 603252 31.00 1.0 19 December, DE000CB3HBX3 603253 33.00 1.0 19 December, 1.63 0.98 ING Groep ( NL0000303600) 2,000,000 Put Depositary receipts of ING Groep ( NL0000303600) DE000CB3HBY1 603254 34.00 1.0 19 March, 2008 1.35 DE000CB3HBZ8 603255 27.00 1.0 19 March, 2008 1.71 Koninklijke Philips Electronics ( NL0000009538) Koninklijke Philips Electronics ( NL0000009538) DE000CB3HCA9 603256 30.00 1.0 19 December, DE000CB3HCB7 603257 32.00 1.0 19 December, 1.88 1.20 Koninklijke Philips Electronics ( NL0000009538) DE000CB3HCC5 603258 34.00 1.0 19 March, 2008 1.39 4
Koninklijke Philips Electronics ( NL0000009538) Strike DE000CB3HCD3 603259 26.00 1.0 19 March, 2008 1.68 Akzo Nobel ( NL0000009132) Akzo Nobel ( NL0000009132) DE000CB3HCE1 603260 60.00 1.0 19 December, DE000CB3HCF8 603261 65.00 1.0 19 December, 4.56 2.70 Akzo Nobel ( NL0000009132) Akzo Nobel ( NL0000009132) DE000CB3HCG6 603262 65.00 1.0 19 March, 2008 4.17 DE000CB3HCH4 603263 53.00 1.0 19 March, 2008 2.82 Randstad Holding ( NL0000379121) Randstad Holding ( NL0000379121) DE000CB3HCJ0 603264 50.00 1.0 19 December, DE000CB3HCK8 603265 55.00 1.0 19 December, 2.10 0.89 Randstad Holding ( NL0000379121) DE000CB3HCL6 603266 55.00 1.0 19 March, 2008 1.80 Randstad Holding ( NL0000379121) DE000CB3HCM4 603267 40.00 1.0 19 December, 1.05 Randstad Holding ( NL0000379121) DE000CB3HCN2 603268 40.00 1.0 19 March, 2008 1.71 Unilever ( NL0000009355) Unilever ( NL0000009355) DE000CB3HCP7 603269 23.00 1.0 19 December, DE000CB3HCQ5 603270 25.00 1.0 19 December, 0.74 0.49 Unilever ( NL0000009355) DE000CB3HCR3 603271 25.00 1.0 19 March, 2008 0.62 5
2,000,000 Put Depositary receipts of Unilever ( NL0000009355) Strike DE000CB3HCS1 603272 21.00 1.0 19 December, 0.80 2,000,000 Put Depositary receipts of Unilever ( NL0000009355) DE000CB3HCT9 603273 20.00 1.0 19 March, 2008 0.82 Royal Dutch Shell plc ( GB00B03MLX29) DE000CB3HCU7 603274 29.00 1.0 19 December, 1.98 Royal Dutch Shell plc ( GB00B03MLX29) DE000CB3HCV5 603275 31.00 1.0 19 December, 1.28 Royal Dutch Shell plc ( GB00B03MLX29) DE000CB3HCW3 603276 31.00 1.0 19 March, 2008 1.87 Royal Dutch Shell plc ( GB00B03MLX29) DE000CB3HCX1 603277 25.00 1.0 19 December, 1.62 Royal Dutch Shell plc ( GB00B03MLX29) DE000CB3HCY9 603278 24.00 1.0 19 March, 2008 1.94 Univar ( NL0000388809) Univar ( NL0000388809) DE000CB3HCZ6 603279 55.00 1.0 19 December, DE000CB3HDA7 603280 60.00 1.0 19 December, 5.55 4.08 Univar ( NL0000388809) DE000CB3HDB5 603281 60.00 1.0 19 March, 2008 6.35 Koninklijke Boskalis Westminster ( NL0000852580) Koninklijke Boskalis Westminster ( NL0000852580) DE000CB3HDD1 603283 28.00 1.0 19 December, DE000CB3HDE9 603284 30.00 1.0 19 December, 1.33 0.73 6
Koninklijke Boskalis Westminster ( NL0000852580) Strike DE000CB3HDF6 603285 30.00 1.0 19 March, 2008 1.28 of Heijmans ( NL0000341931) Heijmans ( NL0000341931) DE000CB3HDH2 603287 43.00 1.0 19 December, DE000CB3HDJ8 603288 45.00 1.0 19 December, 1.32 1.34 Heijmans ( NL0000341931) Heijmans ( NL0000341931) DE000CB3HDK6 603289 46.00 1.0 19 March, 2008 1.25 DE000CB3HDL4 603290 48.00 1.0 19 March, 2008 1.03 Koninklijke Vopak ( NL0000393007) Koninklijke Vopak ( NL0000393007) DE000CB3HDN0 603292 45.00 1.0 19 December, DE000CB3HDP5 603293 48.00 1.0 19 December, 1.42 1.13 Koninklijke Vopak ( NL0000393007) DE000CB3HDQ3 603294 52.00 1.0 19 March, 2008 1.07 TomTom ( NL0000387058) TomTom ( NL0000387058) DE000CB3HDS9 603296 50.00 1.0 19 December, DE000CB3HDT7 603297 55.00 1.0 19 December, 2.68 1.45 TomTom ( NL0000387058) DE000CB3HDU5 603298 60.00 1.0 19 March, 2008 1.60 TomTom ( NL0000387058) DE000CB3HDV3 603300 43.00 1.0 19 December, 1.62 TomTom ( NL0000387058) DE000CB3HDW1 603301 40.00 1.0 19 March, 2008 1.35 7
Strike SNS Reaal Groep ( NL0000390706) DE000CB3HDX9 603302 16.00 1.0 19 December, 0.57 SNS Reaal Groep ( NL0000390706) DE000CB3HDY7 603303 17.00 1.0 19 December, 0.48 SNS Reaal Groep ( NL0000390706) SNS Reaal Groep ( NL0000390706) DE000CB3HDZ4 603304 18.00 1.0 19 March, 2008 0.51 DE000CB3HEA5 603305 13.00 1.0 19 March, 2008 0.61 : 17 August, Valuation : Reference : Relevant Currency: Conversion Rate: the Exercise Closing at the EUR Not applicable Minimum Exercise Number: 1 Additional information: Listing: Any other special conditions and any modification to the Terms and Conditions of the : Details of any additional selling restrictions: Amsterdam Not applicable Not applicable 8
Details of any clearing system other than Euroclear Nederland, Euroclear and Clearstream, Luxembourg and details of the appropriate clearing code/number: Not applicable Information on the Shares Common share of ( NL0000301109) Internet address of Company for further information www.abnamro.nl Common shares of Hagemeyer ( NL0000355477) Internet address of Company for further information www.hagemeyer.com Common shares of ASML Holding ( NL0000334365) Internet address of Company for further information www.asml.com Common shares of Koninklijke Ahold ( NL0000331817) Internet address of Company for further information www.ahold.com Common shares of DSM ( NL0000009827) Internet address of Company for further information www.dsm.com Common shares of ( BE0003801181) Internet address of Company for further information www.fortis.com Common shares of KBC Groep ( BE0003565737) Internet address of Company for further information www.kbc.be Depositary receipt of a common share of ING Groep ( NL0000303600) Internet address of Company for further information www.ing.com 9
Common shares of Koninklijke Philips Electronics ( NL0000009538) Internet address of Company for further information www.philips.com Common shares of Akzo Nobel ( NL0000009132) Internet address of Company for further information www.akzonobel.com Common shares of Randstad Holding ( NL0000379121) Internet address of Company for further information www.randstadholding.com Depositary receipts of Unilever ( NL0000009355) Internet address of Company for further information www.unilever.com Common shares of Royal Dutch Shell plc ( GB00B03MLX29) Internet address of Company for further information www.shell.com Common shares of Univar ( NL0000388809) Internet address of Company for further information www.univarcorp.com Depositary receipts of Koninklijke Boskalis Westminster ( NL0000852580) Internet address of Company for further information www.boskalis.com Depositary receipts of of Heijmans ( NL0000341931) Internet address of Company for further information www.heijmans.nl Common shares of Koninklijke Vopak ( NL0000393007) Internet address of Company for further information www.vopak.com 10
Common shares of Tomtom ( NL0000387058) Internet address of Company for further information www.tomtom.com Common shares of SNS Reaal Groep ( NL0000390706) Internet address of Company for further information www.snsreaalgroep.com 11