The 30-second video includes Pitt's voiceover from the first advert, although there are different visuals accompanying his words.
Watch Brad Pitt's second Chanel commercial below:
While Pitt's first advertisement focused solely on the actor and was filmed in black and white, the second introduces more colour and images of women.
Pitt signed a deal to become the face of Chanel No 5 in May.
He was reportedly paid $7m (£4.3m) for the job.
Pitt, who recently admitted that the movie industry is facing financial pressure at the moment, has revealed that he would love to star in a Bollywood film.
Digital Spy breakfast show - watch Catriona Wightman discuss the day's biggest stories including Adele, Emmerdale and Kylie Minogue: