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CIBC announces two new branches in Alberta

    Bringing banking closer to where people live, work and shop

    EDMONTON, April 3 /CNW/ - CIBC today announced it will open two new
full-service branches in Alberta to provide its clients with greater
flexibility, access and choice.
    These new branches are being opened in the rapidly growing communities of
Edmonton and Grande Prairie. Since October 2007, CIBC has announced five new
branches to open in Alberta over the next two years.
    "We are making an important investment in our branch network to provide
greater access for our clients in rapidly growing communities," said
Wendy Slavin, Senior Vice President of Western Canada, CIBC Retail Markets.
"These branches will feature extended hours and CIBC's full range of advice,
sales and service offers to help clients conveniently meet their banking
needs."

    The new Alberta branches will be located at:-   97th and 162nd in Edmonton; and
    -   Hwy 43 and 116th in Grande Prairie.As part of its strategic plan, CIBC will build, relocate and expand over
70 new branches across Canada by 2011. CIBC already has one of the largest
branch networks in Canada. Its current network of 1,049 full service branches,
combined with these new locations, ensures a strong presence where clients
live, work and shop.
    Clients benefit from CIBC's convenient hours, including evening and
Saturday banking in many of its branches. CIBC clients also benefit from
access to more than 3,700 automated bank machines, and 24/7 service over the
phone and on Canada's leading online banking site, www.cibc.com.

    CIBC is a leading North American financial institution with nearly
11 million personal banking and business clients. CIBC offers a full range of
products and services through its comprehensive electronic banking network,
branches and offices across Canada, in the United States and around the world.
You can find other news releases and information about CIBC in our Press
Centre on our corporate website at www.cibc.com.




For further information:
For further information: Doug Maybee, Director, External Communications
and Media Relations, (416) 980-7458, or doug.maybee@cibc.com

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