CIBC (Ja.) – Interim Dividend

At a Board of Directors meeting on November 29, 1999 the Board declared an interim dividend in respect of 1999 of twelve cents per stock unit payable on December 21, 1999 to stockholders on record as at the close of business on December 9, 1999.

At a Board of Directors’ meeting it was resolved that an interim cash dividend in respect of 1999 of eight cents per stock unit be paid on July 13 to shareholders on record as at June 28, 1999