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Old 07-07-2013, 11:26 PM
Great Antibob is offline
Join Date: Feb 2003
Posts: 5,199
From my Random House dictionary:

commemorate verb:

1. to serve as a memorial or reminder of: The monument commemorates the signing of the declaration of independence.
2. to honor the memory of by some observance: to commemorate the dead by a moment of silence; to commemorate Bastille Day.
3. to make honorable mention of.

Nothing about it being the first anniversary. Or even an anniversary at all.