TORONTO, Aug. 21 /CNW/ - In line with the joint statement issued earlier
today by the Canadian banks to ensure that markets for bank-sponsored
Asset-Backed Commercial Paper (ABCP) continue to perform satisfactorily, CIBC
reaffirmed its support of its bank-sponsored Asset-Backed Commercial Paper
programs (Crisp Trust; Franchise Trusts I and II; Macro Trust; Safe Trust;
Smart Trust; and Sound Trust). CIBC also announced today that it will be
providing these bank-sponsored Trusts with global style liquidity, reflecting
its continued support of these Asset-Backed Commercial Paper conduits.

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