New Commerce Split Corp. (TSX: YCM)(TSX: YCM.PR.A)(TSX: YCM.PR.B) (the "Company") advises holders of 2011 warrants that the expiry date for exercise of the warrants is February 28, 2011 at 4:00 p.m. (Eastern Time). Warrants entitle the holders to purchase a unit of the Company at a price of $10. The current net asset value of the Company is approximately $10.65. Assuming full exercise of all warrants, the net asset value would be approximately $10.42. Holders are advised to provide instructions to exercise to their agent prior to expiry.

The Company invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution.

Contacts: New Commerce Split Corp. Investor Relations 416-304-4443 or toll free at 1-877-4-Quadra (1-877-478-2372) www.CommerceSplit.com

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