New Commerce Split: Monthly Dividend Declared for Class I Preferred Share (YCM.PR.A)

TORONTO, ONTARIO -- (Marketwire) -- 12/19/11 -- New Commerce Split declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. Distributions are payable January 10, 2012 to shareholders on record as of December 30, 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:                    December 28, 2011
Record Date:                         December 30, 2011
Payable Date:                        January 10, 2012

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