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 August 10, 2011 to shareholders on record as of July 29, 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:                               July 27, 2011
Record Date:                                    July 29, 2011
Payable Date:                                   August 10, 2011

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