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Canadian Imperial (41PS)

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Friday 02 March, 2001

Canadian Imperial

Dividend Declaration

Canadian Imperial Bank of Commerce
1 March 2001


                                   DIVIDENDS

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 April 30, 2001 payable on April 27, 2001 to
    shareholders of record at the close of business on March 28, 2001:

    -  Common Shares:

       Dividend No. 457 in the amount of $0.37 per share

    -  Class A Preferred Shares:

       -  Series 14 - Dividend No. 21 in the amount of $0.371875 per share
       -  Series 15 - Dividend No. 18 in the amount of $0.353125 per share
       -  Series 16 - Dividend No. 16 in the amount of U.S.$0.353125 per share
       -  Series 17 - Dividend No. 16 in the amount of $0.340625 per share
       -  Series 18 - Dividend No. 14 in the amount of $0.34375 per share 
       -  Series 19 - Dividend No. 12 in the amount of $0.309375 per share 
       -  Series 20 - Dividend No. 12 in the amount of $U.S.$0.321875 per share 
       -  Series 21 - Dividend No.  5 in the amount of $0.375 per share         
       -  Series 22 - Dividend No.  5 in the amount of $U.S.$0.390625 per share 
       -  Series 23 - Dividend No.  1 in the amount of $0.33125 per share  


                                                                                
                                                                                
                                                          

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