For more information, please contact your Financial Advisor.
terms not otherwise defined herein have the meaning ascribed thereto in
pricing supplement No. 1 dated June 18, 2007.
2 Net of fees and based on $95.00 per Note.
3 Signature Advisors of Toronto, a division of CI Investments Inc., has
won the following awards: 2004 Canadian Income Trust Fund of the Year
– Signature High Income Fund; 2002 and 2001 Best Dividend Fund –
Signature Dividend Fund; and 2001 Best Canadian Equity Fund – Signature
Select Canadian Fund.
The Notes are not principal protected and an investor
may receive less than the original principal amount at maturity. The Notes
do not provide investors with a return or income stream prior to maturity
and the return is not determinable prior to maturity. Any payment on the
Notes at maturity will depend on the performance of the portfolio and
the Notes may return as little as $1.00 of the original principal amount
invested per Note. Details regarding the calculation and payment of the
amount payable on maturity, the notional portfolio and certain risk factors
are contained in pricing supplement No. 1 (the “Pricing Supplement”)
dated June 18, 2007 and the short form base shelf prospectus (the “Prospectus”)
dated April 11, 2007 of CIBC. Please see the Pricing Supplement and the
Prospectus for more details about the Notes.
The offering of the Notes constitutes a public offering
of securities only in the jurisdictions where they may be lawfully offered
for sale and therein only by persons permitted to sell such securities.
No securities regulatory authority has in any way passed upon the merits
of the Notes and any representation to the contrary is an offence.