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Canadian Imperial (41PS)

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Friday 08 December, 2000

Canadian Imperial

Dividend Declaration

Canadian Imperial Bank of Commerce
7 December 2000


NOTICE is hereby given that the following dividends have been declared on the
outstanding shares of CIBC, payable at the Head Office of CIBC:

1. For the three months ending January 31, 2001 payable on January 29, 2001 to
   shareholders of record at the close of business on December 28, 2000:

   - Common Shares:

     Dividend No.456 in the amount of $0.33 per share

   - Class A Preferred Shares:

     - Series 14 - Dividend No.20 in the amount of $0.371875 per share

     - Series 15 - Dividend No.17 in the amount of $0.353125 per share
 
     - Series 16 - Dividend No.15 in the amount of U.S. $0.353125 per share

     - Series 17 - Dividend No.15 in the amount of $0.340625 per share

     - Series 18 - Dividend No.13 in the amount of $0.343750 per share

     - Series 19 - Dividend No.11 in the amount of 0.309375 per share

     - Series 20 - Dividend No.11 in the amount of U.S. $0.321875 per share

     - Series 21 - Dividend No.4 in the amount of 0.375 per share

     - Series 22 - Dividend No.4 in the amount of U.S.$0.390625 per share



                                                                                
                                          

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