Fitch Reaffirms Investment Grade Ratings to Commercebank, N.A.

CORAL GABLES, Fla. -- Commercebank, N.A., one of the largest privately held banks in South Florida, today announced that Fitch Ratings, the industry leader in credit ratings coverage of financial institutions, has reaffirmed the Bank's investment grade, noting a 'BBB-' long-term issuer and a 'BBB' long-term deposit ratings respectively for year 2006. Fitch also assigned the Bank with investment grade ratings in 2005.

Internationally recognized Fitch Ratings has developed a unique procedure for assessing banks and assigning them with issuer and issue ratings. Out of the three most important bank-rating agencies, Fitch covers the largest volume of banks.

"We are very satisfied to have earned, once again, 'investment grade' ratings from Fitch," said J. Guillermo Villar, Commercebank President & CEO. "It is a validation of our commitment to maintain our strong financial position, while ensuring the highest levels of customer satisfaction."

Fitch's analysis noted "consistent performance in the part of Commercebank, N.A.", as well as the Bank's liquidity, sound capital, and asset quality.

"The Fitch report conveys a positive outlook for Commercebank as a solid financial institution both medium and long-term," said Villar. "To receive this rating from such a reputable agency is definitely a competitive advantage for Commercebank."

The complete listing of the ratings is as follows:

* Long-Term Deposit 'BBB'

* Long-Term Issuer 'BBB-'

* Short-Term Deposit 'F3'

* Short-Term Issuer 'F3'

* Individual 'B/C'

* Support '5'

About Commercebank

Commercebank N.A., one of the largest privately held banks in South Florida, is a wholly owned subsidiary of Commercebank Holding Corp., which in turn is owned by Mercantil Servicios Financieros, the largest international financial institution headquartered in Venezuela, with more than 80 years of experience in banking. Commercebank has assets of nearly $5 billion. The Bank is headquartered in Coral Gables, Florida, with eleven branches throughout Miami-Dade County, two in Broward County, one in Manhattan, New York, and one in Houston, Texas. It also has a loan production office in Weston, Florida. The Bank offers a wide variety of domestic, international, personal, and commercial banking services, including investment, trust, and estate planning through its subsidiaries, Commercebank Investment Services, and Commercebank Trust Company, N.A. For additional information, please visit www.commercebankfl.com.