COMMERZBANK AG: Pre-Stabilisation BFCM EUR 10yr Benchmark

Pre-Stabilisation notice                             
10th March, 2014 
Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful. 


                    Banque Fédérative Crédit Mutuel (BFCM)                   
                                      € Benchmark                                 
                           Fixed Rate Notes due March 2024                        

  Under the Issuer's Euro Medium Term Note Programme, dated 29th May 2013, as  
supplemented by the supplement no. 1 dated 21st June 2013 and supplement no. 2 
                         dated dated 12th August 2013                          
                             Stabilisation Notice                              

Commerzbank AG (contact: Ian Turner; telephone: 44-207-475-1817) hereby
announces that the Stabilising Manager(s) named below may stabilise the offer
of the following securities in accordance with Commission Regulation (EC) No.
2273/2003 implementing the Market Abuse Directive (2003/6/EC).

The security to be stabilised:                                                 


                                                                           
Issuer:                             Banque Fédérative Crédit Mutuel           
                                                                              
Guarantor (if any):                 n/a                                         
                                                                           
ISIN                                Tba                                         
                                                                           
Aggregate nominal amount:           € Benchmark                                
                                                                             
Description:                        € 10 year Fixed Rate Notes                 
                                                                             
Offer price:                        n/a                                         
                                                                           
Other offer terms:                  Payment [18] March 2014, Listing Paris      
                                Denoms: 100k. Rating: Aa3 / A / A+ (Fitch)  
                                                                           
Stabilisation:                                                                  
                                                                           
Stabilising Manager(s):             Coordinating Stabilsation Manager:          


                                                                               
                                    Commerzbank Aktiengesellschaft             
                                                                               
                                    Stabilisation Managers                     
                                                                               
                                    Morgan Stanley & Co. International plc     
                                                                               
                                    Société Générale                        


                                                                               
Stabilisation period commences      10th March, 2014                            
                                                                           
Stabilisation period expected to    No later than 30 days                      
end on:                                                                         
                                                                           
Existence, maximum size and         The Stabilising Manager(s) may over-allot  
conditions of use of over-allotment the securities to the extent permitted in  
facility.                           accordance with applicable law.             
In connection with the offer of the above securities, the Stabilising Manager
(s) may over-allot the securities or effect transactions with a view to
supporting the market price of the securities at a level higher than that which
might otherwise prevail. However, there is no assurance that the Stabilising
Manager(s) will take any stabilisation action and any stabilisation action, if
begun, may be ended at any time Any stabilisation action or over-allotment
shall be conducted in accordance with all applicable laws and rules. 
This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or
dispose of any securities of the Issuer in any jurisdiction. 
This announcement is not for distribution, directly or indirectly, in or into
the United States or any other jurisdiction in which such distribution would be
unlawful. 
END 
-0- Mar/10/2014 09:08 GMT
 
 
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