YCM.PR.A Commerce Split Corp

New Commerce Split declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. Distributions are payable February 10, 2011 to shareholders on record as of January 31, 2011. The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price.

New Commerce Split invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution.

Distribution Details:

Class I Preferred Share (YCM.PR.A)     $0.03125

Ex-Dividend Date:                      January 27, 2011

Record Date:                           January 31, 2011

Payable Date:                          February 10, 2011

Contacts: New Commerce Split Investor Relations 416-304-4443 or toll free: 1-877-4-Quadra (1-877-478-2372) www.CommerceSplit.com