#16-69 Listing of Constant Leverage Certificates issued by Commerzbank AG

As from December 20, 2016, 31 Constant Leverage Certificates issued by Commerzbank AG will be listed on NDX Norway and will be included on the list for Certificates. The instruments will be registered at Verdipapirsentralen ASA - Norwegian Central Securities Depository.

Issuer: Commerzbank AG

Type of security: Call and put Certificates

Execution: Automatic cash settlement

Term: As from December 20, 2016, open ended

Market Maker: Commerzbank AG

Underlying:

DNB ASA

Marine Harvest ASA

Norsk Hydro ASA

Orkla ASA

Statoil ASA

Storebrand ASA

Subsea 7 S.A.

Telenor ASA

Yara International ASA

For more details see attached file.

For further information concerning this NDX notice please contact:

NDX Listing on +46 8 566 390 20 or at ndxlist@ngm.se

Nordic Growth Market NGM AB

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.

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