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Canadian Imperial (41PS)

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Thursday 07 September, 2000

Canadian Imperial

Dividend Notification Declarations

Canadian Imperial Bank of Commerce
7 September 2000



                   CANADIAN IMPERIAL BANK OF COMMERCE

                                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 October 31, 2000 payable on October 27, 2000
to shareholders of record at the close of business on September 28, 2000:

-  Common Shares:

   Dividend No. 455 in the amount of $0.33 per share

-  Class A Preferred Shares:

   - Series 12 - Dividend No. 31 in the amount of U.S. $0.40625 per share
   - Series 13 - Dividend No. 31 in the amount of $0.43750 per share
   - Series 14 - Dividend No. 19 in the amount of $0.371875 per share
   - Series 15 - Dividend No. 16 in the amount of $0.353125 per share
   - Series 16 - Dividend No. 14 in the amount of U.S. $0.353125 per share
   - Series 17 - Dividend No. 14 in the amount of $0.340625 per share
   - Series 18 - Dividend No. 12 in the amount of $0.343750 per share
   - Series 19 - Dividend No. 10 in the amount of 0.309375 per share and
   - Series 20 - Dividend No. 10 in the amount of U.S. $0.321875 per share;
   - Series 21 - Dividend No. 3 in the amount of 0.375 per share and
   - Series 22 - Dividend No. 3 in the amount of U.S. $0.390625 per share.


                                        By Order of the Board

                                        Paul T. Fisher
                                        Vice-President and
                                        Corporate Secretary
Toronto, Ontario
September 7, 2000



                                                                                
                                         

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