New Commerce Split declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. Distributions are payable March 9, 2012 to shareholders on record as of February 29, 2012. 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:                               February 24, 2012
Record Date:                                    February 29, 2012
Payable Date:                                       March 9, 2012

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

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