CIBC CHANGES MORTGAGE RATES

TORONTO, Nov. 9 /CNW/ - CIBC (CM: TSX; NYSE) today announced the following changes in mortgage rates:

Six-month convertible	4.45 per cent, N/C
Six-month open	6.70 per cent, N/C
One-year open	6.35 per cent, N/C
One-year closed	3.30 per cent, N/C
Two-year closed	3.45 per cent, N/C
Three-year closed	4.10 per cent, N/C
Four-year closed	4.94 per cent, N/C
Five-year closed	5.19 per cent, down 0.10 per cent
Seven-year closed	6.45 per cent, N/C
10-year closed	6.50 per cent, N/C

These rates are effective Nov. 10, 2010.

For further information:

Rob McLeod [phone]