An anonymous director reports

CIBC ANNOUNCES AN AMENDMENT TO ITS CARDS II SECURITIZATION PROGRAM

Canadian Imperial Bank of Commerce has made an amendment to its CARDS II securitization program. Canadian Imperial Bank of Commerce and other parties to the CARDS II Trust credit card receivables securitization program have amended the program to allow revenue from Mastercard credit card accounts to be included in the securitization program, in addition to the Visa credit card accounts that are currently the only type of account in the securitization program.

About Canadian Imperial Bank of Commerce

CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients.