TORONTO, March 1 /CNW/ - (CM: TSX; NYSE) - CIBC's board of directors
today declared a dividend of 77 cents per share on common shares for the
quarter ending April 30, 2007 payable on April 27, 2007 to shareholders of
record at the close of business on March 28, 2007.

    Class A Preferred Shares
    Other dividends per share for the quarter ending April 30, 2007, payable
on April 27, 2007 to shareholders of record at the close of business on
March 28, 2007, were declared as follows:

    Series 18 - $0.343750
    Series 19 - $0.309375
    Series 23 - $0.331250
    Series 25 - $0.375000
    Series 26 - $0.359375
    Series 27 - $0.350000
    Series 28 - $0.020000
    Series 29 - $0.337500
    Series 30 - $0.300000
    Series 31 - $0.293750
    Series 32 - $0.237008(*)

    ((*)for the period from February 14, 2007 to April 30, 2007)

    %SEDAR: 00002543EF