Exhibit 8.1 Fiscal year 2006



| |  |            |  |  |  |              |  |  |  | 
| |  | ---------- |  |  |  | ------------ |  |  |  | 
| |  | Subsidiary |  |  |  | Jurisdiction |  |  |  | 

|                                                         |  |              
|-------------------------------------------------------- |  | -------------
|                                                         | 
|4274563 Canada Inc.                                      |  | CANADA       
|                                                         | 
|5557 Greens Farm, LLC                                    |  | UNITED STATES
|                                                         | 
|75 WALL STREET ADVISERS                                  |  | UNITED STATES
|                                                         | 
|A. Diffusion                                             |  | FRANCE       
|                                                         | 
|A.D.I.C.                                                 |  | COLOMBIA     
|                                                         | 
|A.KRALLIS LTD.                                           |  | GREECE       
|                                                         | 
|AAAM S.A.                                                |  | FRANCE       
|                                                         | 
|ACMAR                                                    |  | MOROCCO      
|                                                         | 
|ACM-Compagnie Mercur Aktiengesellschaft                  |  | GERMANY      
|                                                         | 
|ACP GmbH & Co. Beteiligungen KG                          |  | GERMANY      
|                                                         | 
|ACP GmbH & Co. Beteiligungen KG II                       |  | GERMANY      
|                                                         | 
|ACP Vermögensverwaltung GmbH & Co. KG Nr. 1              |  | GERMANY      
|                                                         | 
|ACP Vermögensverwaltung GmbH & Co. KG Nr. 2              |  | GERMANY      
|                                                         | 
|ACP Vermögensverwaltung GmbH & Co. KG Nr. 3              |  | GERMANY      
|                                                         | 
|ACP Vermögensverwaltung GmbH & Co. KG Nr. 4              |  | GERMANY      
|                                                         | 
|ACP Vermögensverwaltung GmbH & Co. KG Nr. 4a             |  | GERMANY      
|                                                         | 
|Acropole Europe A                                        |  | FRANCE       
|                                                         | 
|Acropole Monde A                                         |  | FRANCE       
|                                                         | 
|Actio France                                             |  | FRANCE       
|                                                         | 
|ACTIP 3                                                  |  | FRANCE       
|                                                         | 
|ACTIP 5                                                  |  | FRANCE       
|                                                         | 
|ADAM Capital Managment LLC                               |  | UNITED STATES
|                                                         | 
|ADAM Hellas S.A.                                         |  | GREECE       
|                                                         | 
|ADAM U.S. Holding LLC                                    |  | UNITED STATES
|                                                         | 
|ADAM U.S. Partners GP                                    |  | UNITED STATES
|                                                         | 
|ADEUS Aktienregister-Service-GmbH                        |  | GERMANY      
|                                                         | 
|Adriática de Seguros C.A.                                |  | VENEZUELA    
|                                                         | 
|Advisa Zürich AG                                         |  | SWITZERLAND  
|                                                         | 
|Advisors IG, LLC                                         |  | UNITED STATES
|                                                         | 
|Aequitas GmbH Allianz EquityAlternative Strategies      |  | GERMANY      
|                                                         | 
|Aero-Fonte S.r.l                                         |  | ITALY        
|                                                         | 
|AFA                                                      |  | FRANCE       
|                                                         | 
|AFC Assecuranz- und Finanzvermittlungs-Contor GmbH       |  | GERMANY      
|                                                         | 
|AGF 2X                                                   |  | FRANCE       
|                                                         | 
|AGF Act Croiss Euro                                      |  | FRANCE       
|                                                         | 
|AGF Actions                                              |  | FRANCE       
|                                                         | 
|AGF Actions Euro Val                                     |  | FRANCE       
|                                                         | 
|AGF Actions Internat                                     |  | FRANCE       
|                                                         | 
|AGF Actions Mid Cap                                      |  | FRANCE       
|                                                         | 
|AGF ACTIONS ZONE EURO L                                  |  | FRANCE       
|                                                         | 
|AGF AFRIQUE Holding                                      |  | FRANCE       
|                                                         | 
|AGF AFRIQUE S.A.                                         |  | COTE DIVOIRE
|                                                         | 
|AGF Air France IFC                                       |  | FRANCE       
|                                                         | 
|AGF Allianz Argentina Compania de Seguros Generales S.A. |  | ARGENTINA    
|                                                         | 
|AGF Allianz South America Ltda.                          |  | BRAZIL       
|                                                         | 
|AGF Ameriques D                                          |  | FRANCE       
|                                                         | 
|AGF Ameriques USD                                        |  | FRANCE       
|                                                         | 
|AGF Ammonité                                             |  | FRANCE       
|                                                         | 
|AGF Asac Actions                                         |  | FRANCE       
|                                                         | 
|AGF Asac Dynamisme                                       |  | FRANCE       
|                                                         | 
|AGF Asac France 1                                        |  | FRANCE       
|                                                         | 
|AGF ASCENSION 2011 L                                     |  | FRANCE       
|                                                         | 
|AGF Asia                                                 |  | SINGAPORE    



---

Exhibit 8.1 Fiscal year 2006



|                                    |  |                         
|----------------------------------- |  | ------------------------
|                                    | 
|AGF Asset Management S.A.           |  | FRANCE                  
|                                    | 
|AGF Assurances Financières S.A.     |  | FRANCE                  
|                                    | 
|AGF Assurfinance                    |  | FRANCE                  
|                                    | 
|AGF Balanced                        |  | BELGIUM                 
|                                    | 
|AGF Belgium Insurance S.A.          |  | BELGIUM                 
|                                    | 
|AGF Benelux S.A.                    |  | LUXEMBOURG              
|                                    | 
|AGF Benin Health Assurances         |  | BENIN                   
|                                    | 
|AGF Biplus                          |  | FRANCE                  
|                                    | 
|AGF BIPLUS 2 L                      |  | FRANCE                  
|                                    | 
|AGF Boïeldieu                       |  | FRANCE                  
|                                    | 
|AGF Brasil Seguros S.A.             |  | BRAZIL                  
|                                    | 
|AGF Burkina Health Assurances       |  | BURKINA FASO            
|                                    | 
|AGF Cameroun Health Assurances      |  | CAMEROON                
|                                    | 
|AGF CAP FRANCE D                    |  | FRANCE                  
|                                    | 
|AGF Capital Investissement          |  | FRANCE                  
|                                    | 
|AGF Capital Investissement 2        |  | FRANCE                  
|                                    | 
|AGF Centrafrique Health Assurance   |  | CENTRAL AFRICAN REPUBLIC
|                                    | 
|AGF Côte dIvoire Health Assurances |  | COTE DIVOIRE           
|                                    | 
|AGF CREATIONS1                      |  | FRANCE                  
|                                    | 
|AGF CREATIONS2                      |  | FRANCE                  
|                                    | 
|AGF CROISSANCE MONDE                |  | FRANCE                  
|                                    | 
|AGF Destinations 201                |  | FRANCE                  
|                                    | 
|AGF do Brasil Ltda.                 |  | BRAZIL                  
|                                    | 
|AGF Dynamic                         |  | BELGIUM                 
|                                    | 
|AGF Dynamisme                       |  | FRANCE                  
|                                    | 
|AGF EFFICIO                         |  | FRANCE                  
|                                    | 
|AGF Emprunts dEtat                 |  | FRANCE                  
|                                    | 
|AGF Energie                         |  | FRANCE                  
|                                    | 
|AGF Epargne Action                  |  | FRANCE                  
|                                    | 
|AGF Equilibre                       |  | FRANCE                  
|                                    | 
|AGF Euro Actions C et D             |  | FRANCE                  
|                                    | 
|AGF Euro Gagnant                    |  | FRANCE                  
|                                    | 
|AGF Euro Inflation L                |  | FRANCE                  
|                                    | 
|AGF Euro Oblig Plus                 |  | FRANCE                  
|                                    | 
|AGF Euro Tactique                   |  | FRANCE                  
|                                    | 
|AGF Euroland                        |  | FRANCE                  
|                                    | 
|AGF Europe Convertible              |  | FRANCE                  
|                                    | 
|AGF Europe Obligations              |  | FRANCE                  
|                                    | 
|AGF FIF Cambial Shares              |  | BRAZIL                  
|                                    | 
|AGF FIF Inst. Multimercado FI       |  | BRAZIL                  
|                                    | 
|AGF FIF Inst. Plus FI               |  | BRAZIL                  
|                                    | 
|AGF FIF Inst. Plus Shares II        |  | BRAZIL                  
|                                    | 
|AGF Graduello                       |  | FRANCE                  
|                                    | 
|AGF Holding                         |  | FRANCE                  
|                                    | 
|AGF Holdings (UK) Limited           |  | UNITED KINGDOM          
|                                    | 
|AGF Horizon 2010-11                 |  | FRANCE                  
|                                    | 
|AGF Horizon 2012-13                 |  | FRANCE                  
|                                    | 
|AGF Horizon 2014-15                 |  | FRANCE                  
|                                    | 
|AGF Horizon 2016-17                 |  | FRANCE                  
|                                    | 
|AGF Horizon 2018-20                 |  | FRANCE                  
|                                    | 
|AGF Horizon 2021-23                 |  | FRANCE                  
|                                    | 
|AGF Horizon 2024-26                 |  | FRANCE                  
|                                    | 
|AGF Horizon 2027-29                 |  | FRANCE                  
|                                    | 
|AGF Horizon 2030-32                 |  | FRANCE                  
|                                    | 
|AGF Horizon 2033-35                 |  | FRANCE                  
|                                    | 
|AGf Horizon 2036-38                 |  | FRANCE                  
|                                    | 
|AGF Horizon 2039-41                 |  | FRANCE                  







---

Exhibit 8.1 Fiscal year 2006



|                                 |  |               
|-------------------------------- |  | --------------
|                                 | 
|AGF Horizon LG Terme             |  | FRANCE        
|                                 | 
|AGF HOSPITAL EURO L              |  | FRANCE        
|                                 | 
|AGF Hospitalier International L  |  | FRANCE        
|                                 | 
|AGF Hospitaliers Monde           |  | FRANCE        
|                                 | 
|AGF Immobilier S.N.C.            |  | FRANCE        
|                                 | 
|AGF Imo Actions                  |  | FRANCE        
|                                 | 
|AGF Indice Euroland              |  | FRANCE        
|                                 | 
|AGF Indice Japon L               |  | FRANCE        
|                                 | 
|AGF Indices USA                  |  | FRANCE        
|                                 | 
|AGF Informatique G.I.E.          |  | FRANCE        
|                                 | 
|AGF Insurance Limited            |  | UNITED KINGDOM
|                                 | 
|AGF Inter Oblig                  |  | FRANCE        
|                                 | 
|AGF Interfonds                   |  | FRANCE        
|                                 | 
|AGF International                |  | FRANCE        
|                                 | 
|AGF Inversiones, S.A.            |  | ARGENTINA     
|                                 | 
|AGF Invest Euro L                |  | FRANCE        
|                                 | 
|AGF INVESTMENT GRADE             |  | FRANCE        
|                                 | 
|AGF Japon                        |  | FRANCE        
|                                 | 
|AGF La Lilloise S.A.             |  | FRANCE        
|                                 | 
|AGF Life Luxembourg S.A.         |  | LUXEMBOURG    
|                                 | 
|AGF Long Terme                   |  | FRANCE        
|                                 | 
|AGF Madagascar Health Assurances |  | MADAGASCAR    
|                                 | 
|AGF MADAGASCAR S.A.              |  | MADAGASCAR    
|                                 | 
|AGF Madagascar Vie               |  | MADAGASCAR    
|                                 | 
|AGF Mali Health Assurances       |  | MALI          
|                                 | 
|AGF Marches Emergents            |  | FRANCE        
|                                 | 
|AGF Matieres Premier             |  | FRANCE        
|                                 | 
|AGF Multi Croissance             |  | FRANCE        
|                                 | 
|AGF Multi Defensif               |  | FRANCE        
|                                 | 
|AGF Multi Harmonie               |  | FRANCE        
|                                 | 
|AGF Oblig Convertibles           |  | FRANCE        
|                                 | 
|AGF Oblig CT Terme               |  | FRANCE        
|                                 | 
|AGF Octoplus                     |  | FRANCE        
|                                 | 
|AGF Octoplus II                  |  | FRANCE        
|                                 | 
|AGF Octoplus III                 |  | FRANCE        
|                                 | 
|AGF Opéra                        |  | FRANCE        
|                                 | 
|AGF Opportunities                |  | FRANCE        
|                                 | 
|AGF Optomax 2                    |  | FRANCE        
|                                 | 
|AGF Optomax L                    |  | FRANCE        
|                                 | 
|AGF PEA Pondere                  |  | FRANCE        
|                                 | 
|AGF Pea Vitalité                 |  | FRANCE        
|                                 | 
|AGF Pension Trustees             |  | UNITED KINGDOM
|                                 | 
|AGF Private Banking S.A.         |  | FRANCE        
|                                 | 
|AGF Private Equity FCPR          |  | FRANCE        
|                                 | 
|AGF Private Equity S.A.          |  | FRANCE        
|                                 | 
|AGF Prudence                     |  | FRANCE        
|                                 | 
|AGF RAS Holding BV               |  | NETHERLANDS   
|                                 | 
|AGF Richelieu                    |  | FRANCE        
|                                 | 
|AGF Saint Marc CL                |  | FRANCE        
|                                 | 
|AGF Saude S.A.                   |  | BRAZIL        
|                                 | 
|AGF Scalinvest                   |  | FRANCE        
|                                 | 
|AGF Secteur Immobilier           |  | FRANCE        
|                                 | 
|AGF SECURICASH L                 |  | FRANCE        
|                                 | 
|AGF Senegal Vie S.A.             |  | SENEGAL       
|                                 | 
|AGF Senegal Health Assurances    |  | SENEGAL       
|                                 | 
|AGF Senegal IARD S.A.            |  | SENEGAL       
|                                 | 
|AGF Serenite                     |  | FRANCE        







---

Exhibit 8.1 Fiscal year 2006



|                                                          |  |               
|--------------------------------------------------------- |  | --------------
|                                                          | 
|AGF Togo Health Assurances                                |  | TOGO          
|                                                          | 
|AGF TRIPLUS LH                                            |  | FRANCE        
|                                                          | 
|AGF UK                                                    |  | FRANCE        
|                                                          | 
|AGF USA USA                                               |  | FRANCE        
|                                                          | 
|AGF VALEUR DURABLES L                                     |  | FRANCE        
|                                                          | 
|AGF Vita 4                                                |  | FRANCE        
|                                                          | 
|AGF Vita Plus                                             |  | FRANCE        
|                                                          | 
|AGFimo                                                    |  | FRANCE        
|                                                          | 
|AGI Global Selection Balance                              |  | UNITED KINGDOM
|                                                          | 
|AGIF-ALLIANZ RCM JP EQ.HI.ALP.                            |  | LUXEMBOURG    
|                                                          | 
|AGIS Allianz Dresdner Informationssysteme GmbH            |  | GERMANY       
|                                                          | 
|Agora Courtage                                            |  | FRANCE        
|                                                          | 
|AGT                                                       |  | TOGO          
|                                                          | 
|AHFP Capital SARL                                         |  | SWITZERLAND   
|                                                          | 
|Airstream International Group Limited                     |  | UNITED KINGDOM
|                                                          | 
|Ajax Insurance Holdings Limited                           |  | UNITED KINGDOM
|                                                          | 
|Alba Allgemeine Versicherungs-Gesellschaft                |  | SWITZERLAND   
|                                                          | 
|Alchemy Capital PLC                                       |  | IRELAND       
|                                                          | 
|Aleppa Funding I LLC                                      |  | UNITED STATES 
|                                                          | 
|Aleppa Funding II LLC                                     |  | UNITED STATES 
|                                                          | 
|Alexandria Capital PLC                                    |  | IRELAND       
|                                                          | 
|Alfa Trade Corporation spol s.r.o.                        |  | CZECH REPUBLIC
|                                                          | 
|Alida Grundstücksgesellschaft mbH & Co. KG                |  | GERMANY       
|                                                          | 
|Alida Grundstücksverwaltungs GmbH                         |  | GERMANY       
|                                                          | 
|All Net GmbH                                              |  | GERMANY       
|                                                          | 
|Alliance                                                  |  | FRANCE        
|                                                          | 
|Allianz Australian Claims Services Limited                |  | AUSTRALIA     
|                                                          | 
|Allianz (UK) Limited                                      |  | UNITED KINGDOM
|                                                          | 
|Allianz AADB Fonds                                        |  | GERMANY       
|                                                          | 
|Allianz ABS Fonds                                         |  | GERMANY       
|                                                          | 
|Allianz Absolute Return Funds                             |  | SWITZERLAND   
|                                                          | 
|Allianz AKR Fonds                                         |  | GERMANY       
|                                                          | 
|Allianz Alp Sp. z oo                                      |  | POLAND        
|                                                          | 
|Allianz Alternative Assets Holding GmbH                   |  | GERMANY       
|                                                          | 
|Allianz America Latina S.C. Ltda.                         |  | BRAZIL        
|                                                          | 
|Allianz Asset Management                                  |  | SWITZERLAND   
|                                                          | 
|Allianz Australia Workers Compensation (Victoria) Limited |  | AUSTRALIA     
|                                                          | 
|Allianz Australia Advantage Ltd.                          |  | AUSTRALIA     
|                                                          | 
|Allianz Australia Employee Share Plan Pty Ltd.            |  | AUSTRALIA     
|                                                          | 
|Allianz Australia Insurance Limited                       |  | AUSTRALIA     
|                                                          | 
|Allianz Australia Limited                                 |  | AUSTRALIA     
|                                                          | 
|Allianz Australia Services (No. 2) Pty Ltd                |  | AUSTRALIA     
|                                                          | 
|Allianz Australia Services Pty Limited                    |  | AUSTRALIA     
|                                                          | 
|Allianz Australia Workers Compensation (NSW) Limited      |  | AUSTRALIA     
|                                                          | 
|Allianz Australia Workers Compensation (SA) Limited       |  | AUSTRALIA     
|                                                          | 
|Allianz Autowelt GmbH                                     |  | GERMANY       
|                                                          | 
|Allianz Aviation Agency                                   |  | UNITED STATES 
|                                                          | 
|Allianz AVM Fonds                                         |  | GERMANY       
|                                                          | 
|Allianz AVR-Fonds                                         |  | GERMANY       
|                                                          | 
|Allianz BADB Fonds                                        |  | GERMANY       
|                                                          | 
|Allianz Bank Zrt.                                         |  | HUNGARY       
|                                                          | 
|Allianz Beratungs- und Vertriebs-AG                       |  | GERMANY       
|                                                          | 
|Allianz BEST Business Engineering & Technology GmbH       |  | AUSTRIA       
|                                                          | 
|Allianz Beteiligungs Management GmbH                      |  | GERMANY       
|                                                          | 
|Allianz Bulgaria Holding Company Ltd.                     |  | BULGARIA      
|                                                          | 
|Allianz Bulgaria Insurance and Reinsurance Company Ltd.   |  | BULGARIA      
|                                                          | 
|Allianz Bulgaria Life Insurance Company Ltd.              |  | BULGARIA      







---

Exhibit 8.1 Fiscal year 2006



|                                                                              |  |                           
|----------------------------------------------------------------------------- |  | --------------------------
|                                                                              | 
|Allianz Bulgaria Pension Assurance Company Ltd.                               |  | BULGARIA                  
|                                                                              | 
|Allianz business services, s.r.o.                                             |  | SLOVAKIA (Slovak Republic)
|                                                                              | 
|Allianz Capital Partners GmbH                                                 |  | GERMANY                   
|                                                                              | 
|Allianz Capital Partners Verwaltungs GmbH                                     |  | GERMANY                   
|                                                                              | 
|Allianz Cash Pool LLC                                                         |  | UNITED STATES             
|                                                                              | 
|Allianz CenterManagement GmbH                                                 |  | GERMANY                   
|                                                                              | 
|Allianz China Life Insurance Co. Ltd.                                         |  | CHINA                     
|                                                                              | 
|Allianz Compagnia Italiana Finanziamenti S.p.A.                               |  | ITALY                     
|                                                                              | 
|Allianz CompanÍa de Seguros y Reaseguros S.A.                                 |  | SPAIN                     
|                                                                              | 
|Allianz Cornhill Engineering Inspection Services Limited                      |  | UNITED KINGDOM            
|                                                                              | 
|Allianz Cornhill Equity Investments Ltd.                                      |  | UNITED KINGDOM            
|                                                                              | 
|Allianz Cornhill Holdings plc.                                                |  | UNITED KINGDOM            
|                                                                              | 
|Allianz Cornhill Information Services Private Ltd.                            |  | INDIA                     
|                                                                              | 
|Allianz Cornhill Insurance Company Pension Fund Trustees Ltd.                 |  | UNITED KINGDOM            
|                                                                              | 
|Allianz Cornhill Insurance plc.                                               |  | UNITED KINGDOM            
|                                                                              | 
|Allianz Cornhill Investment Properties Ltd.                                   |  | UNITED KINGDOM            
|                                                                              | 
|Allianz Cornhill Management Services Limited                                  |  | UNITED KINGDOM            
|                                                                              | 
|Allianz Corporate Ireland Insurance p.l.c.                                    |  | IRELAND                   
|                                                                              | 
|Allianz Credit Card Management Co., S.A.                                      |  | GREECE                    
|                                                                              | 
|Allianz Croiss II                                                             |  | FRANCE                    
|                                                                              | 
|Allianz Croiss III                                                            |  | FRANCE                    
|                                                                              | 
|Allianz Croissance                                                            |  | FRANCE                    
|                                                                              | 
|Allianz Deutschland AG                                                        |  | GERMANY                   
|                                                                              | 
|Allianz Direct New Europe Sp. z o.o.                                          |  | POLAND                    
|                                                                              | 
|Allianz Direct, s.r.o.                                                        |  | CZECH REPUBLIC            
|                                                                              | 
|ALLIANZ DIT STRATEGIEFDS BALANCE INHABER- ANTEILE(EUR)                        |  | GERMANY                   
|                                                                              | 
|ALLIANZ DIT STRATEGIEFDS WACHSTUM PLUS INHABER- ANTEILE(EUR)                  |  | GERMANY                   
|                                                                              | 
|Allianz Dresdner Bauspar AG                                                   |  | GERMANY                   
|                                                                              | 
|Allianz Dresdner Mutual Funds Management Hellas S.A.                          |  | GREECE                    
|                                                                              | 
|Allianz Dresdner Pension Consult GmbH                                         |  | GERMANY                   
|                                                                              | 
|Allianz Dresdner Securities Investment Consulting Ltd.                        |  | TAIWAN                    
|                                                                              | 
|Allianz EDUKACJA S.A.                                                         |  | POLAND                    
|                                                                              | 
|Allianz Egypt Insurance Company S.A.E.                                        |  | EGYPT                     
|                                                                              | 
|Allianz Egypt Life Company S.A.E.                                             |  | EGYPT                     
|                                                                              | 
|Allianz Elementar Lebensversicherungs-Aktiengesellschaft                      |  | AUSTRIA                   
|                                                                              | 
|Allianz Elementar Versicherungs-Aktiengesellschaft                            |  | AUSTRIA                   
|                                                                              | 
|Allianz Europe B.V.                                                           |  | NETHERLANDS               
|                                                                              | 
|Allianz Europe Ltd.                                                           |  | NETHERLANDS               
|                                                                              | 
|Allianz FADB Fonds                                                            |  | GERMANY                   
|                                                                              | 
|Allianz Finance B.V.                                                          |  | NETHERLANDS               
|                                                                              | 
|Allianz Finance Corporation                                                   |  | UNITED STATES             
|                                                                              | 
|Allianz Finance II B.V.                                                       |  | NETHERLANDS               
|                                                                              | 
|Allianz Finance III B.V.                                                      |  | NETHERLANDS               
|                                                                              | 
|Allianz Finanzbeteiligungs GmbH                                               |  | GERMANY                   
|                                                                              | 
|Allianz Fire and Marine Insurance Japan Ltd.                                  |  | JAPAN                     
|                                                                              | 
|Allianz General Insurance Company S.A.                                        |  | GREECE                    
|                                                                              | 
|Allianz General Insurance Malaysia Berhad p.l.c.                              |  | MALAYSIA                  
|                                                                              | 
|Allianz Gestion Sociedad Gestora de Instituciones de Inversion Colectiva S.A. |  | SPAIN                     
|                                                                              | 
|Allianz GI Real Estate Australia Ltd.                                         |  | AUSTRALIA                 
|                                                                              | 
|Allianz GLA Fonds                                                             |  | GERMANY                   
|                                                                              | 
|Allianz Global Corporate & Specialty                                          |  | SOUTH AFRICA              
|                                                                              | 
|Allianz Global Corporate & Specialty AG                                       |  | GERMANY                   
|                                                                              | 
|Allianz Global Corporate & Specialty France                                   |  | FRANCE                    
|                                                                              | 
|Allianz Global Investors (Schweiz) AG                                         |  | UNITED STATES             







---

Exhibit 8.1 Fiscal year 2006



|                                                       |  |                   
|------------------------------------------------------ |  | ------------------
|                                                       | 
|Allianz Global Investors (UK) Ltd                      |  | SWITZERLAND       
|                                                       | 
|Allianz Global Investors Advisory GmbH                 |  | GERMANY           
|                                                       | 
|Allianz Global Investors AG                            |  | GERMANY           
|                                                       | 
|Allianz Global Investors Asia Pacific GmbH             |  | GERMANY           
|                                                       | 
|Allianz Global Investors Australia Ltd.                |  | UNITED KINGDOM    
|                                                       | 
|Allianz Global Investors Deutschland GmbH              |  | GERMANY           
|                                                       | 
|Allianz Global Investors Distributors LLC              |  | AUSTRALIA         
|                                                       | 
|Allianz Global Investors Europe GmbH                   |  | GERMANY           
|                                                       | 
|Allianz Global Investors Europe Holding GmbH           |  | GERMANY           
|                                                       | 
|Allianz Global Investors Fund Management LLC           |  | UNITED STATES     
|                                                       | 
|Allianz Global Investors Holdings (UK) Ltd.            |  | UNITED STATES     
|                                                       | 
|Allianz Global Investors Hong Kong Ltd.                |  | UNITED KINGDOM    
|                                                       | 
|Allianz Global Investors Ireland Ltd.                  |  | HONG KONG         
|                                                       | 
|Allianz Global Investors Japan Co., Ltd.               |  | IRELAND           
|                                                       | 
|Allianz Global Investors Kapitalanlagegesellschaft mbH |  | GERMANY           
|                                                       | 
|Allianz Global Investors Korea Limited                 |  | JAPAN             
|                                                       | 
|Allianz Global Investors Luxembourg S.A.               |  | KOREA, REPUBLIC OF
|                                                       | 
|Allianz GLobal Investors New York Holdings LLC         |  | LUXEMBOURG        
|                                                       | 
|Allianz Global Investors Nominees (UK) Ltd             |  | UNITED STATES     
|                                                       | 
|Allianz Global Investors Nominees Services Limited     |  | UNITED KINGDOM    
|                                                       | 
|Allianz Global Investors of America L.P.               |  | UNITED KINGDOM    
|                                                       | 
|Allianz Global Investors of America LLC                |  | UNITED STATES     
|                                                       | 
|Allianz Global Investors Services (UK) Ltd             |  | UNITED STATES     
|                                                       | 
|Allianz Global Investors Singapore, Ltd.               |  | UNITED KINGDOM    
|                                                       | 
|Allianz Global Investors Taiwan (SITE) Ltd.            |  | SINGAPORE         
|                                                       | 
|Allianz Global Investors U.S. Retail LLC               |  | TAIWAN            
|                                                       | 
|Allianz Global Investors US Equities LLC               |  | UNITED STATES     
|                                                       | 
|Allianz Global Investors US Holdings Inc.              |  | UNITED STATES     
|                                                       | 
|Allianz Global Risks US Insurance Company              |  | UNITED STATES     
|                                                       | 
|Allianz GLR Fonds                                      |  | GERMANY           
|                                                       | 
|Allianz GLRS Fonds                                     |  | GERMANY           
|                                                       | 
|Allianz GLU Fonds                                      |  | GERMANY           
|                                                       | 
|Allianz GREQ Fonds                                     |  | GERMANY           
|                                                       | 
|Allianz GREU Fonds                                     |  | GERMANY           
|                                                       | 
|Allianz GRGB Fonds                                     |  | GERMANY           
|                                                       | 
|Allianz Handwerker Services GmbH                       |  | GERMANY           
|                                                       | 
|Allianz Hedge Fund P. SARL                             |  | UNITED STATES     
|                                                       | 
|Allianz Hedge Fund Partners (Cayman) LLC               |  | UNITED STATES     
|                                                       | 
|Allianz Hedge Fund Partners Inc.                       |  | UNITED STATES     
|                                                       | 
|Allianz Hedge Fund Partners LP                         |  | UNITED STATES     
|                                                       | 
|Allianz Holding eins GmbH                              |  | AUSTRIA           
|                                                       | 
|Allianz Hungária Biztosító Zrt.                        |  | HUNGARY           
|                                                       | 
|Allianz Hungária Pénztárüzemeltetési Kft.              |  | HUNGARY           
|                                                       | 
|Allianz Iberica Services Center, A.I.E.                |  | SPAIN             
|                                                       | 
|Allianz Immobilien GmbH                                |  | GERMANY           
|                                                       | 
|Allianz Immobilienfonds 1 GmbH & Co. KG                |  | GERMANY           
|                                                       | 
|Allianz Immobilienfonds GmbH                           |  | GERMANY           
|                                                       | 
|Allianz Income Managment Corp.                         |  | UNITED STATES     
|                                                       | 
|Allianz Informatik Beteiligungsgesellschaft mbH        |  | GERMANY           
|                                                       | 
|Allianz Infrastructure Holdings Limited                |  | UNITED KINGDOM    
|                                                       | 
|Allianz Insurance (Hong Kong) Ltd.                     |  | CHINA             
|                                                       | 
|Allianz Insurance Company Lanka Limited                |  | SRI LANKA         
|                                                       | 
|Allianz Insurance Company of Singapore Pte. Ltd.       |  | SINGAPORE         
|                                                       | 
|Allianz Insurance Limited                              |  | SOUTH AFRICA      
|                                                       | 
|Allianz Insurance Management Asia Pacific Pte. Ltd.    |  | SINGAPORE         
|                                                       | 
|Allianz International Ltd.                             |  | UNITED KINGDOM    
|                                                       | 
|ALLIANZ INVERSIONES, SOCIEDAD DE VALORES S.A.          |  | SPAIN             







---

Exhibit 8.1 Fiscal year 2006



|                                                 |  |                   
|------------------------------------------------ |  | ------------------
|                                                 | 
|Allianz Invest Kapitalanlage GmbH                |  | AUSTRIA           
|                                                 | 
|Allianz Invest Osteuropa LH                      |  | AUSTRIA           
|                                                 | 
|Allianz Invest Osteuropa NL                      |  | AUSTRIA           
|                                                 | 
|Allianz Invest Ostrent LH                        |  | AUSTRIA           
|                                                 | 
|Allianz Investment Company LLC                   |  | UNITED STATES     
|                                                 | 
|Allianz Investmentbank Aktiengesellschaft        |  | AUSTRIA           
|                                                 | 
|Allianz Ireland p.l.c.                           |  | IRELAND           
|                                                 | 
|Allianz Irish Life Holdings p.l.c.               |  | IRELAND           
|                                                 | 
|Allianz Jupiter 1 B.V.                           |  | NETHERLANDS       
|                                                 | 
|Allianz Jupiter 2 B.V.                           |  | NETHERLANDS       
|                                                 | 
|Allianz Jupiter 3 B.V.                           |  | UNITED STATES     
|                                                 | 
|Allianz kontakt, s.r.o.                          |  | CZECH REPUBLIC    
|                                                 | 
|Allianz Leben Private Equity Fonds 1998 GmbH     |  | GERMANY           
|                                                 | 
|Allianz Leben Private Equity Fonds 2001 GmbH     |  | GERMANY           
|                                                 | 
|Allianz Leben Private Equity Fonds Plus GmbH     |  | GERMANY           
|                                                 | 
|Allianz Lebensversicherungs-Aktiengesellschaft   |  | GERMANY           
|                                                 | 
|Allianz Life Advisors LLC                        |  | UNITED STATES     
|                                                 | 
|Allianz Life Financial Services, LLC             |  | UNITED STATES     
|                                                 | 
|Allianz Life Insurance Co. Ltd.                  |  | KOREA, REPUBLIC OF
|                                                 | 
|Allianz Life Insurance Company of North America  |  | UNITED STATES     
|                                                 | 
|Allianz Life Insurance Company S.A.              |  | GREECE            
|                                                 | 
|Allianz Life Insurance Malaysia Berhad p.l.c.    |  | MALAYSIA          
|                                                 | 
|Allianz Life Insurance of New York               |  | UNITED STATES     
|                                                 | 
|Allianz Life Moskau                              |  | RUSSIAN FEDERATION
|                                                 | 
|Allianz Marine (UK) Ltd.                         |  | UNITED KINGDOM    
|                                                 | 
|Allianz México S.A. Compañía de Seguros          |  | MEXICO            
|                                                 | 
|Allianz Nederland Administratie B.V.             |  | NETHERLANDS       
|                                                 | 
|Allianz Nederland Asset Management B.V.          |  | NETHERLANDS       
|                                                 | 
|Allianz Nederland Groep N.V.                     |  | NETHERLANDS       
|                                                 | 
|Allianz Nederland Levensverzekering N.V.         |  | NETHERLANDS       
|                                                 | 
|Allianz Nederland Schadeverzekering N.V.         |  | NETHERLANDS       
|                                                 | 
|Allianz New Europe Holding GmbH                  |  | AUSTRIA           
|                                                 | 
|Allianz New Zealand Limited                      |  | NEW ZEALAND       
|                                                 | 
|Allianz Northern Ireland Limited                 |  | UNITED KINGDOM    
|                                                 | 
|Allianz Objektbeteiligungs- GmbH                 |  | GERMANY           
|                                                 | 
|Allianz Obligations                              |  | FRANCE            
|                                                 | 
|Allianz of America Corp.                         |  | UNITED STATES     
|                                                 | 
|Allianz of America, Inc.                         |  | UNITED STATES     
|                                                 | 
|Allianz of Asia-Pacific and Africa GmbH          |  | GERMANY           
|                                                 | 
|Allianz of South Africa (Proprietary) Ltd.       |  | SOUTH AFRICA      
|                                                 | 
|Allianz Pension Partners GmbH                    |  | GERMANY           
|                                                 | 
|Allianz Pensionsfonds AG                         |  | GERMANY           
|                                                 | 
|Allianz Pensionskasse AG                         |  | GERMANY           
|                                                 | 
|Allianz Pensionskasse Aktiengesellschaft         |  | AUSTRIA           
|                                                 | 
|Allianz penzijní fond, a.s.                      |  | CZECH REPUBLIC    
|                                                 | 
|Allianz PFI (UK) Ltd.                            |  | UNITED KINGDOM    
|                                                 | 
|Allianz PFI Holdings (Jersey) Limited            |  | UNITED KINGDOM    
|                                                 | 
|Allianz Pimco Corporate LH                       |  | AUSTRIA           
|                                                 | 
|Allianz Pimco Mortgage LH                        |  | AUSTRIA           
|                                                 | 
|Allianz Pimco Mortgage NL                        |  | AUSTRIA           
|                                                 | 
|Allianz pojistóvna, a.s.                         |  | CZECH REPUBLIC    
|                                                 | 
|Allianz Polska Services Sp. z o.o.               |  | POLAND            
|                                                 | 
|Allianz President Life Insurance Co. Ltd.        |  | TAIWAN            
|                                                 | 
|Allianz Private Equity GmbH                      |  | GERMANY           
|                                                 | 
|Allianz Private Equity Partners GmbH             |  | GERMANY           
|                                                 | 
|Allianz Private Equity Partners Verwaltungs GmbH |  | GERMANY           
|                                                 | 
|Allianz Private Equity Partners, Inc.            |  | UNITED STATES     







---

Exhibit 8.1 Fiscal year 2006



|                                                                          |  |                               
|------------------------------------------------------------------------- |  | ------------------------------
|                                                                          | 
|Allianz Private Equity UK Holdings Limited                                |  | UNITED KINGDOM                
|                                                                          | 
|Allianz Private Krankenversicherungs-Aktiengesellschaft                   |  | GERMANY                       
|                                                                          | 
|Allianz ProzessFinanz GmbH                                                |  | GERMANY                       
|                                                                          | 
|Allianz PV WS Fonds                                                       |  | GERMANY                       
|                                                                          | 
|Allianz Re Dublin Limited                                                 |  | IRELAND                       
|                                                                          | 
|Allianz Rechtsschutz-Service GmbH                                         |  | GERMANY                       
|                                                                          | 
|Allianz Renewable Energy Acquisition GmbH                                 |  | GERMANY                       
|                                                                          | 
|Allianz Renewable Energy Holdings GmbH                                    |  | GERMANY                       
|                                                                          | 
|Allianz Renewable Energy Management GmbH                                  |  | GERMANY                       
|                                                                          | 
|Allianz reosiguranje d.d.                                                 |  | CROATIA (local name: Hrvatska)
|                                                                          | 
|Allianz Risk Audit                                                        |  | RUSSIAN FEDERATION            
|                                                                          | 
|Allianz Risk Consultants B.V.                                             |  | NETHERLANDS                   
|                                                                          | 
|Allianz Risk Consultants Inc.                                             |  | UNITED STATES                 
|                                                                          | 
|Allianz Risk Transfer (Bermuda) Ltd.                                      |  | BERMUDA                       
|                                                                          | 
|Allianz Risk Transfer (UK), Limited                                       |  | UNITED KINGDOM                
|                                                                          | 
|Allianz Risk Transfer AG                                                  |  | SWITZERLAND                   
|                                                                          | 
|Allianz Risk Transfer Inc.                                                |  | UNITED STATES                 
|                                                                          | 
|Allianz Risk Transfer N.V.                                                |  | NETHERLANDS                   
|                                                                          | 
|Allianz S.A., A.S. Agencia de Seguros                                     |  | SPAIN                         
|                                                                          | 
|Allianz Service Co. Ltd. (Japan)                                          |  | JAPAN                         
|                                                                          | 
|Allianz Services (UK) Limited                                             |  | UNITED KINGDOM                
|                                                                          | 
|Allianz Servicios Técnicos, A.I.E.                                        |  | SPAIN                         
|                                                                          | 
|Allianz Share Scheme Trustees Limited                                     |  | UNITED KINGDOM                
|                                                                          | 
|Allianz Société Financiére S.à.r.l.                                       |  | LUXEMBOURG                    
|                                                                          | 
|Allianz Specialised Investments Central Europe sro                        |  | CZECH REPUBLIC                
|                                                                          | 
|Allianz Specialised Investments Limited                                   |  | UNITED KINGDOM                
|                                                                          | 
|ALLIANZ SUBALPINA S.p.A. SOCIETA DI ASSICURAZIONI E RIASSICURAZIONI      |  | ITALY                         
|                                                                          | 
|Allianz Suisse Flexible Fund                                              |  | SWITZERLAND                   
|                                                                          | 
|Allianz Suisse Immobilien AG                                              |  | SWITZERLAND                   
|                                                                          | 
|Allianz Suisse Lebensversicherungs-Gesellschaft                           |  | SWITZERLAND                   
|                                                                          | 
|Allianz Suisse Personal Financial Services AG                             |  | SWITZERLAND                   
|                                                                          | 
|Allianz Suisse Versicherungs-Gesellschaft                                 |  | SWITZERLAND                   
|                                                                          | 
|Allianz Taunusanlage GbR                                                  |  | GERMANY                       
|                                                                          | 
|Allianz Technical Service Inc.                                            |  | UNITED STATES                 
|                                                                          | 
|Allianz Tiriac Asigurari SA                                               |  | ROMANIA                       
|                                                                          | 
|Allianz Underwriters Insurance Company                                    |  | UNITED STATES                 
|                                                                          | 
|Allianz Venture Partners Beteiligungs-GmbH                                |  | GERMANY                       
|                                                                          | 
|Allianz Versicherungs-Aktiengesellschaft                                  |  | GERMANY                       
|                                                                          | 
|Allianz VKA Fonds                                                         |  | GERMANY                       
|                                                                          | 
|Allianz VKRD-Fonds                                                        |  | GERMANY                       
|                                                                          | 
|Allianz VLBR-Fonds                                                        |  | GERMANY                       
|                                                                          | 
|Allianz VSR Fonds                                                         |  | GERMANY                       
|                                                                          | 
|Allianz VVB Fonds                                                         |  | GERMANY                       
|                                                                          | 
|Allianz Wohnungseigentum GmbH                                             |  | GERMANY                       
|                                                                          | 
|Allianz Worldwide Care Ltd.                                               |  | IRELAND                       
|                                                                          | 
|Allianz Zagreb d.d.                                                       |  | CROATIA (local name: Hrvatska)
|                                                                          | 
|Allianz ZB d.o.o. Company for the Management of an ObligatoryPension Fund |  | CROATIA (local name: Hrvatska)
|                                                                          | 
|Allianz ZB d.o.o. company of the management of voluntary
pension funds    |  | CROATIA (local name: Hrvatska)
|                                                                          | 
|Allianz Zentrum für Technik GmbH                                          |  | GERMANY                       
|                                                                          | 
|ALLIANZ, Sociedade Gestora de Fundos de Pensões                           |  | PORTUGAL                      
|                                                                          | 
|Allianz_ALD_Fonds                                                         |  | GERMANY                       
|                                                                          | 
|Allianz_ALIK_Fonds                                                        |  | GERMANY                       
|                                                                          | 
|Allianz_AVI_1 Fonds                                                       |  | GERMANY                       
|                                                                          | 
|Allianz_AVM_B_Fonds                                                       |  | GERMANY                       







---

Exhibit 8.1 Fiscal year 2006



|                                                          |  |                           
|--------------------------------------------------------- |  | --------------------------
|                                                          | 
|Allianz_BRD_Fonds                                         |  | GERMANY                   
|                                                          | 
|Allianz_DESTO_AR_Fonds                                    |  | GERMANY                   
|                                                          | 
|Allianz_DGD_Fonds                                         |  | GERMANY                   
|                                                          | 
|Allianz_DRD_Fonds                                         |  | GERMANY                   
|                                                          | 
|Allianz_FAD_Fonds                                         |  | GERMANY                   
|                                                          | 
|Allianz_FRD_Fonds                                         |  | GERMANY                   
|                                                          | 
|Allianz_Invest_11                                         |  | AUSTRIA                   
|                                                          | 
|Allianz_Invest_11                                         |  | AUSTRIA                   
|                                                          | 
|Allianz_Invest_12                                         |  | AUSTRIA                   
|                                                          | 
|Allianz_Invest_Spezial_2                                  |  | AUSTRIA                   
|                                                          | 
|Allianz_Invest_Spezial_3                                  |  | AUSTRIA                   
|                                                          | 
|Allianz_LAD_Fonds                                         |  | GERMANY                   
|                                                          | 
|Allianz_LFE_Fonds                                         |  | GERMANY                   
|                                                          | 
|Allianz_LRD_Fonds                                         |  | GERMANY                   
|                                                          | 
|Allianz_PV_1_Fonds                                        |  | GERMANY                   
|                                                          | 
|Allianz_RFG_Fonds                                         |  | GERMANY                   
|                                                          | 
|Allianz_RMO_1_Fonds                                       |  | GERMANY                   
|                                                          | 
|Allianz_SDR_Fonds                                         |  | GERMANY                   
|                                                          | 
|Allianz_SOA_Fonds                                         |  | GERMANY                   
|                                                          | 
|Allianz_SWAG_Fonds                                        |  | GERMANY                   
|                                                          | 
|Allianz_UGD_1_Fonds (UPR)                                 |  | GERMANY                   
|                                                          | 
|Allianz_VAD_Fonds                                         |  | GERMANY                   
|                                                          | 
|Allianz_VAE_Fonds                                         |  | GERMANY                   
|                                                          | 
|Allianz_VGI_1_Fonds (UPR)                                 |  | GERMANY                   
|                                                          | 
|Allianz_VGL_Fonds                                         |  | GERMANY                   
|                                                          | 
|Allianz-PacLife Partners LLC                              |  | UNITED STATES             
|                                                          | 
|Allianz-Slovenská DSS, a.s.                               |  | SLOVAKIA (Slovak Republic)
|                                                          | 
|Allianz-Slovenská poistovna a.s.                         |  | SLOVAKIA (Slovak Republic)
|                                                          | 
|Alpha Vision Capital Mgmt LLC                             |  | UNITED STATES             
|                                                          | 
|Alpha Vision LLC                                          |  | UNITED STATES             
|                                                          | 
|Alternative Holding Partenaires                           |  | UNITED KINGDOM            
|                                                          | 
|Am Anger Immobilienverwaltungs-GmbH                       |  | GERMANY                   
|                                                          | 
|Am Anger Verwaltungs-GmbH & Co. KG                        |  | GERMANY                   
|                                                          | 
|Amaya Compania de Seguros y Reaseguros S.A.               |  | SPAIN                     
|                                                          | 
|American Automobile Insurance Company                     |  | UNITED STATES             
|                                                          | 
|American Financial Marketing, Inc.                        |  | UNITED STATES             
|                                                          | 
|Ann Arbor Annuity Exchange, Inc.                          |  | UNITED STATES             
|                                                          | 
|Antoniana Veneta Popolare Assicurazioni S.p.A.            |  | ITALY                     
|                                                          | 
|Antoniana Veneta Popolare Vita S. p. A.                   |  | ITALY                     
|                                                          | 
|Arcalis                                                   |  | FRANCE                    
|                                                          | 
|Arcalis 22                                                |  | FRANCE                    
|                                                          | 
|Arcalis 23                                                |  | FRANCE                    
|                                                          | 
|Arcalis 24                                                |  | FRANCE                    
|                                                          | 
|Arcalis 28                                                |  | FRANCE                    
|                                                          | 
|Arcalis Assur 5                                           |  | FRANCE                    
|                                                          | 
|Arcalis UN                                                |  | FRANCE                    
|                                                          | 
|Archenar Marketing Trading Lda.                           |  | PORTUGAL                  
|                                                          | 
|Ariondaz SAS                                              |  | FRANCE                    
|                                                          | 
|ARIS-ALL.ROSNO ASS.ALL.RUSSIA                             |  | LUXEMBOURG                
|                                                          | 
|Arlon Properties S.A.                                     |  | LUXEMBOURG                
|                                                          | 
|ARSA B.V.                                                 |  | NETHERLANDS               
|                                                          | 
|ART Asset Management LLC                                  |  | UNITED STATES             
|                                                          | 
|Aspelle Limited                                           |  | UNITED KINGDOM            
|                                                          | 
|ASREX                                                     |  | FRANCE                    
|                                                          | 
|Assimediass S.r.l.                                        |  | ITALY                     
|                                                          | 
|Assistance                                                |  | FRANCE                    
|                                                          | 
|ASSISTANCE AND SERVICES CORPORATION OF IRELAND A.S.C.I. |  | IRELAND                   







---

Exhibit 8.1 Fiscal year 2006



|                                                     |  |                                 
|---------------------------------------------------- |  | --------------------------------
|                                                     | 
|Associated Group Benefits Ltd.                       |  | CANADA                          
|                                                     | 
|Associated Indemnity Corporation                     |  | UNITED STATES                   
|                                                     | 
|Assurance Vie et Prévoyance (AVIP) SA                |  | FRANCE                          
|                                                     | 
|Assurances Fédérales BV                              |  | FRANCE                          
|                                                     | 
|Assurances Générales de France                       |  | FRANCE                          
|                                                     | 
|Assurances Générales de France IART S.A.             |  | FRANCE                          
|                                                     | 
|Assurances Générales de France Vie S.A.              |  | FRANCE                          
|                                                     | 
|Assurances Générales du Laos Ltd.                    |  | LAO PEOPLES DEMOCRATIC REPUBLIC
|                                                     | 
|Assurances Générales du Mali (AGM)                   |  | COTE DIVOIRE                   
|                                                     | 
|Athéna                                               |  | FRANCE                          
|                                                     | 
|Athena Europe Obligations                            |  | FRANCE                          
|                                                     | 
|Athena Interfonds                                    |  | FRANCE                          
|                                                     | 
|Athéna Obligations                                   |  | FRANCE                          
|                                                     | 
|Atrium SAS                                           |  | FRANCE                          
|                                                     | 
|Atropos Vermögensverwaltungsgesellschaft mbH         |  | GERMANY                         
|                                                     | 
|Auros GmbH                                           |  | GERMANY                         
|                                                     | 
|AVIP ACTIONS 100                                     |  | FRANCE                          
|                                                     | 
|AVIP ACTIONS 60                                      |  | FRANCE                          
|                                                     | 
|AVIP PERFORMANCE 80                                  |  | FRANCE                          
|                                                     | 
|AVIP TOP 300                                         |  | FRANCE                          
|                                                     | 
|AVIP TOP DEFENSIF                                    |  | FRANCE                          
|                                                     | 
|AVIP TOP HARMONIE                                    |  | FRANCE                          
|                                                     | 
|Axioma Insurance (Cyprus) Ltd.                       |  | CYPRUS                          
|                                                     | 
|AZ GI Advertising Agency Inc.                        |  | UNITED STATES                   
|                                                     | 
|AZ GI Managed Accounts LLC                           |  | UNITED STATES                   
|                                                     | 
|AZ GI Pacific Ltd.                                   |  | BERMUDA                         
|                                                     | 
|AZ GI U.S. Retail LLC                                |  | UNITED STATES                   
|                                                     | 
|AZ-Aiolos Vermögensverwaltungsgesellschaft OHG       |  | GERMANY                         
|                                                     | 
|AZ-Arges Vermögensverwaltungsgesellschaft mbH        |  | GERMANY                         
|                                                     | 
|AZ-Argos 10 Vermögensverwaltungsgesellschaft mbH     |  | GERMANY                         
|                                                     | 
|AZ-Argos 14 Vermögensverwaltungsgesellschaft mbH     |  | GERMANY                         
|                                                     | 
|AZ-Argos 22 Vermögensverwaltungsgesellschaft mbH     |  | GERMANY                         
|                                                     | 
|AZ-Argos 29 Vermögensverwaltungsgesellschaft mbH     |  | GERMANY                         
|                                                     | 
|AZ-Argos 3 Vermögensverwaltungsgesellschaft mbH      |  | GERMANY                         
|                                                     | 
|AZ-Argos 30 Vermögensverwaltungsgesellschaft mbH     |  | GERMANY                         
|                                                     | 
|AZ-Argos 34 Vermögensverwaltungsgesellschaft mbH     |  | GERMANY                         
|                                                     | 
|AZ-Argos 36 Vermögensverwaltungsgesellschaft mbH     |  | GERMANY                         
|                                                     | 
|AZ-Argos 37 Vermögensverwaltungsgesellschaft mbH     |  | GERMANY                         
|                                                     | 
|AZ-Argos 38 Vermögensverwaltungsgesellschaft mbH     |  | GERMANY                         
|                                                     | 
|AZ-Argos 39 Vermögensverwaltungsgesellschaft mbH     |  | GERMANY                         
|                                                     | 
|AZ-Argos 4 Vermögensverwaltungsgesellschaft mbH      |  | GERMANY                         
|                                                     | 
|AZ-Argos 40 Vermögensverwaltungsgesellschaft mbH     |  | GERMANY                         
|                                                     | 
|AZ-Argos 41 Vermögensverwaltungsgesellschaft mbH     |  | GERMANY                         
|                                                     | 
|AZ-Argos 42 Vermögensverwaltungsgesellschaft mbH     |  | GERMANY                         
|                                                     | 
|AZ-Argos 43 SE                                       |  | GERMANY                         
|                                                     | 
|AZ-Argos 6 Vermögensverwaltungsgesellschaft mbH      |  | GERMANY                         
|                                                     | 
|AZ-Asopos Vermögensverwaltungsgesellschaft OHG       |  | GERMANY                         
|                                                     | 
|AZF-Arges 2 Vermögensverwaltungsgesellschaft mbH     |  | GERMANY                         
|                                                     | 
|AZL AI Nr. 1 GmbH                                    |  | GERMANY                         
|                                                     | 
|AZL AI Nr. 2 SARL                                    |  | LUXEMBOURG                      
|                                                     | 
|AZL PE Nr. 1 GmbH                                    |  | GERMANY                         
|                                                     | 
|AZL PE Nr. 2 GmbH                                    |  | GERMANY                         
|                                                     | 
|AZL-Alico Vermögensverwaltungsgesellschaft mbH       |  | GERMANY                         
|                                                     | 
|AZL-DRB Vermögensverwaltungsgesellschaft mbH         |  | GERMANY                         
|                                                     | 
|AZ-LIN Vermögensverwaltungsgesellschaft mbH & Co. KG |  | GERMANY                         







---

Exhibit 8.1 Fiscal year 2006



|                                                                       |  |                   
|---------------------------------------------------------------------- |  | ------------------
|                                                                       | 
|AZ-MPS Beteiligungsgesellschaft mbH & Co. KG                           |  | GERMANY           
|                                                                       | 
|AZS-Arges Vermögensverwaltungsgesellschaft mbH                         |  | GERMANY           
|                                                                       | 
|AZ-SER Vermögensverwaltungsgesellschaft OHG                            |  | GERMANY           
|                                                                       | 
|AZ-SGD Private Equity Fonds GmbH                                       |  | GERMANY           
|                                                                       | 
|BACAB S.A.                                                             |  | SWITZERLAND       
|                                                                       | 
|Baladau                                                                |  | FRANCE            
|                                                                       | 
|Bankhaus W. Fortmann & Söhne KG                                        |  | GERMANY           
|                                                                       | 
|Banque AGF S.A.                                                        |  | FRANCE            
|                                                                       | 
|BARTEC AB                                                              |  | SWEDEN            
|                                                                       | 
|BARTEC AS                                                              |  | NETHERLANDS       
|                                                                       | 
|BARTEC Barlian Industries Holding AG                                   |  | SWITZERLAND       
|                                                                       | 
|BARTEC Belgium N.V.                                                    |  | BELGIUM           
|                                                                       | 
|BARTEC Benke GmbH                                                      |  | GERMANY           
|                                                                       | 
|BARTEC Consult GmbH                                                    |  | GERMANY           
|                                                                       | 
|BARTEC d.o.o.                                                          |  | SLOVENIA          
|                                                                       | 
|Bartec Electric (Shanghai) Co., Ltd.                                   |  | CHINA             
|                                                                       | 
|Bartec Electric (Shanxi) Co., Ltd.                                     |  | CHINA             
|                                                                       | 
|BARTEC Elektrotechnik GmbH                                             |  | AUSTRIA           
|                                                                       | 
|BARTEC Engineering + Services AG                                       |  | SWITZERLAND       
|                                                                       | 
|Bartec GmbH                                                            |  | GERMANY           
|                                                                       | 
|BARTEC Hungary Kft                                                     |  | HUNGARY           
|                                                                       | 
|Bartec Korea                                                           |  | KOREA, REPUBLIC OF
|                                                                       | 
|BARTEC Nederland B.V.                                                  |  | NETHERLANDS       
|                                                                       | 
|BARTEC Nederland Ultrakust Division B.V.                               |  | NETHERLANDS       
|                                                                       | 
|BARTEC Pte Ltd.                                                        |  | SINGAPORE         
|                                                                       | 
|BARTEC S.A.                                                            |  | SPAIN             
|                                                                       | 
|BARTEC s.a.r.l.                                                        |  | FRANCE            
|                                                                       | 
|BARTEC s.r.l.                                                          |  | ITALY             
|                                                                       | 
|BARTEC s.r.o.                                                          |  | CZECH REPUBLIC    
|                                                                       | 
|BARTEC Safety PTY. LTD.                                                |  | SOUTH AFRICA      
|                                                                       | 
|BARTEC Sicherheitsanlagen GmbH                                         |  | GERMANY           
|                                                                       | 
|Bartec SST Ltd.                                                        |  | RUSSIAN FEDERATION
|                                                                       | 
|BARTEC UK Ltd.                                                         |  | UNITED KINGDOM    
|                                                                       | 
|BARTEC US Corp.                                                        |  | UNITED STATES     
|                                                                       | 
|BARTEC Varnost d.o.o.                                                  |  | SLOVENIA          
|                                                                       | 
|BAWAG Allianz Mitarbeitervorsorgekasse AG                              |  | AUSTRIA           
|                                                                       | 
|Beethoven Funding Corporation                                          |  | UNITED STATES     
|                                                                       | 
|BERGA Grundstücks-Verwaltungsgesellschaft mbH & Co. KG                 |  | GERMANY           
|                                                                       | 
|Bergwitzer Braunkohle AG                                               |  | GERMANY           
|                                                                       | 
|BERNESE ASSICURAZIONI Compagnia Italo Svizzera di Assicurazioni S.p.A. |  | ITALY             
|                                                                       | 
|BERNESE VITA SPA                                                       |  | ITALY             
|                                                                       | 
|Bestconnect Nominees Ltd                                               |  | UNITED KINGDOM    
|                                                                       | 
|BFC Berliner Film Companie Beteiligungsgesellschaft mbH                |  | GERMANY           
|                                                                       | 
|BFC Berliner Film Companie CoPro GmbH                                  |  | GERMANY           
|                                                                       | 
|BFC Berliner Film Companie Distribution GmbH                           |  | GERMANY           
|                                                                       | 
|BFC Berliner Film Companie Productions GmbH                            |  | GERMANY           
|                                                                       | 
|BFC Berliner Film Companie Studio GmbH                                 |  | GERMANY           
|                                                                       | 
|BIC                                                                    |  | BRAZIL            
|                                                                       | 
|Bilan Services S.N.C.                                                  |  | FRANCE            
|                                                                       | 
|Biosphere A                                                            |  | FRANCE            
|                                                                       | 
|Bishop Finance Inc.                                                    |  | UNITED STATES     
|                                                                       | 
|BMM AUDACE                                                             |  | FRANCE            
|                                                                       | 
|BMM Court Terme (D)                                                    |  | FRANCE            
|                                                                       | 
|BMM Long Terme (D)                                                     |  | FRANCE            
|                                                                       | 
|BMM Pierre Capitalisation (D)                                          |  | FRANCE            
|                                                                       | 
|Borgo San Felice S.r.l.                                                |  | ITALY             







---

Exhibit 8.1 Fiscal year 2006



|                                                                             |  |               
|---------------------------------------------------------------------------- |  | --------------
|                                                                             | 
|Borrowdale Nominees Ltd                                                      |  | UNITED KINGDOM
|                                                                             | 
|Bosphorus Capital Limited                                                    |  | IRELAND       
|                                                                             | 
|Botanic Building S.A.                                                        |  | BELGIUM       
|                                                                             | 
|British Financial Union Ltd                                                  |  | UNITED KINGDOM
|                                                                             | 
|British Reserve Insurance Co. Ltd.                                           |  | UNITED KINGDOM
|                                                                             | 
|Bulgaria Net Co. Ltd.                                                        |  | BULGARIA      
|                                                                             | 
|Bureau dExpertises Despretz S.A.                                            |  | BELGIUM       
|                                                                             | 
|Bürgel Beteiligungs GmbH                                                     |  | GERMANY       
|                                                                             | 
|Bürgel Erfurt Beteiligungsgesellschaft mbH                                   |  | GERMANY       
|                                                                             | 
|Bürgel Erfurt GmbH & Co. KG                                                  |  | GERMANY       
|                                                                             | 
|Bürgel Internationale Inkassogesellschaft GmbH                               |  | GERMANY       
|                                                                             | 
|Bürgel Wirtschaftsinformationen AG Zürich                                    |  | SWITZERLAND   
|                                                                             | 
|Bürgel Wirtschaftsinformationen GmbH & Co. KG                                |  | GERMANY       
|                                                                             | 
|Bürgel Wirtschaftsinformationen Hamburg GmbH                                 |  | GERMANY       
|                                                                             | 
|Bürgel Wirtschaftsinformationen Vertriebsges. mbH & Co. KG                   |  | GERMANY       
|                                                                             | 
|Bürgel Wirtschaftsinformationen Verwaltungs-GmbH                             |  | GERMANY       
|                                                                             | 
|Burkina Assurance S.A.                                                       |  | BURKINA FASO  
|                                                                             | 
|Burkina Assurance Vie S.A.                                                   |  | BURKINA FASO  
|                                                                             | 
|business lounge GmbH                                                         |  | AUSTRIA       
|                                                                             | 
|C. F. Erste Beteiligungsgesellschaft mbH                                     |  | GERMANY       
|                                                                             | 
|Calypso S.A.                                                                 |  | FRANCE        
|                                                                             | 
|Camat                                                                        |  | FRANCE        
|                                                                             | 
|CAP                                                                          |  | FRANCE        
|                                                                             | 
|CAPEX                                                                        |  | FRANCE        
|                                                                             | 
|Carene                                                                       |  | FRANCE        
|                                                                             | 
|Casas del Toqui S.A.                                                         |  | CHILE         
|                                                                             | 
|Caywood Scholl Capital Management LLC                                        |  | UNITED STATES 
|                                                                             | 
|CCA                                                                          |  | FRANCE        
|                                                                             | 
|CERT Zertifizierungsgesellschaft mbH                                         |  | GERMANY       
|                                                                             | 
|Challenging Financial Careers Insurance Marketing Corp.                      |  | UNITED STATES 
|                                                                             | 
|Château Larose Trintaudon S.A.                                               |  | FRANCE        
|                                                                             | 
|Chess Finance LLC                                                            |  | UNITED STATES 
|                                                                             | 
|Chicago Insurance Company                                                    |  | UNITED STATES 
|                                                                             | 
|CIC Allianz Insurance Ltd.                                                   |  | AUSTRALIA     
|                                                                             | 
|Claims Consultancy & Investigation Services Limited                          |  | IRELAND       
|                                                                             | 
|Clark Risk Management BV                                                     |  | NETHERLANDS   
|                                                                             | 
|Classic Finance BV                                                           |  | NETHERLANDS   
|                                                                             | 
|Classic I Netherlands Limited                                                |  | NETHERLANDS   
|                                                                             | 
|Club Marine Limited                                                          |  | AUSTRALIA     
|                                                                             | 
|Codinf Services                                                              |  | FRANCE        
|                                                                             | 
|Cogar                                                                        |  | FRANCE        
|                                                                             | 
|Colseguros Capitalizacion                                                    |  | COLOMBIA      
|                                                                             | 
|Colseguros Generales S.A.                                                    |  | COLOMBIA      
|                                                                             | 
|Colseguros Vida S.A.                                                         |  | COLOMBIA      
|                                                                             | 
|Colserauto S.A.                                                              |  | COLOMBIA      
|                                                                             | 
|Commercial Bank Allianz Bulgaria Ltd.                                        |  | BULGARIA      
|                                                                             | 
|Commerzbank_LEBENCO_Fonds                                                    |  | GERMANY       
|                                                                             | 
|Commodity Trading VII, Inc.                                                  |  | UNITED STATES 
|                                                                             | 
|Compagnie dAssurance de Protection Juridique S.A.                           |  | SWITZERLAND   
|                                                                             | 
|Compagnie de Gestion et Prevoyance                                           |  | FRANCE        
|                                                                             | 
|Compagnie Financière pour la Réalisation dOpérations Immobilières COFIDIM |  | FRANCE        
|                                                                             | 
|Companhia de Seguros Allianz Portugal S.A.                                   |  | PORTUGAL      
|                                                                             | 
|Compania Colombiana De Inversion Colseguros S.A.                             |  | COLOMBIA      
|                                                                             | 
|Coparc                                                                       |  | FRANCE        
|                                                                             | 
|Cornhill Investment Properties (Reigate) Ltd.                                |  | UNITED KINGDOM
|                                                                             | 
|Cornhill Trustee (Guernsey) Ltd.                                             |  | UNITED KINGDOM







---

Exhibit 8.1 Fiscal year 2006



|                                                                       |  |               
|---------------------------------------------------------------------- |  | --------------
|                                                                       | 
|Corporate Directors (No. 1) Limited                                    |  | UNITED KINGDOM
|                                                                       | 
|Corporate Directors (No. 2) Limited                                    |  | UNITED KINGDOM
|                                                                       | 
|Corporate Secretaries (Jersey) Ltd                                     |  | UNITED KINGDOM
|                                                                       | 
|Corporate Services (Guernsey) Ltd                                      |  | UNITED KINGDOM
|                                                                       | 
|Corsetec                                                               |  | BRAZIL        
|                                                                       | 
|COTINCO Consultora Técnica                                             |  | MEXICO        
|                                                                       | 
|Crédito Argentino Germánico SA                                         |  | ARGENTINA     
|                                                                       | 
|Crédito Germánico S.A.                                                 |  | URUGUAY       
|                                                                       | 
|CreditRas Assicurazioni S.p.A.                                         |  | ITALY         
|                                                                       | 
|CreditRas Vita S.p.A.                                                  |  | ITALY         
|                                                                       | 
|Crop Growers Corporation                                               |  | UNITED STATES 
|                                                                       | 
|CS Theoreme                                                            |  | FRANCE        
|                                                                       | 
|DARTA SAVING LIFE ASSURANCE LTD.                                       |  | IRELAND       
|                                                                       | 
|DBI Insurance Company Ltd.                                             |  | UNITED KINGDOM
|                                                                       | 
|DBI-BSK Rentenfonds                                                    |  | GERMANY       
|                                                                       | 
|dbi-BSK Rentenfonds Plus                                               |  | GERMANY       
|                                                                       | 
|DBI-FONDS ADPF1                                                        |  | GERMANY       
|                                                                       | 
|DBI-FONDS ADPF2                                                        |  | GERMANY       
|                                                                       | 
|dbi-Fonds Ammerland                                                    |  | GERMANY       
|                                                                       | 
|dbi-Fonds DAV                                                          |  | GERMANY       
|                                                                       | 
|dbi-Fonds DF                                                           |  | GERMANY       
|                                                                       | 
|dbi-Fonds WE                                                           |  | GERMANY       
|                                                                       | 
|DDS Dresdner Direktservice GmbH                                        |  | GERMANY       
|                                                                       | 
|DEGI Beteiligungs GmbH                                                 |  | GERMANY       
|                                                                       | 
|DEGI Deutsche Gesellschaft für Immobilienfonds m.b.H                   |  | GERMANY       
|                                                                       | 
|DEGI Schweden AB                                                       |  | SWEDEN        
|                                                                       | 
|Delaware Valley Financial Services, LLC                                |  | UNITED STATES 
|                                                                       | 
|Delta Technical Services Ltd.                                          |  | UNITED KINGDOM
|                                                                       | 
|Deutsche Außenhandels-Gesellschaft mbH                                 |  | GERMANY       
|                                                                       | 
|Deutsche Lebensversicherungs-AG                                        |  | GERMANY       
|                                                                       | 
|DFV Deutsche Fonds- und Vorsorgeberatungs GmbH                         |  | GERMANY       
|                                                                       | 
|DIC-MAN Roland Co. Ltd. Japan                                          |  | JAPAN         
|                                                                       | 
|DIMENSIONE S.R.L                                                       |  | ITALY         
|                                                                       | 
|DIT-FONDS ALSI                                                         |  | GERMANY       
|                                                                       | 
|DIT-Fonds APAV                                                         |  | GERMANY       
|                                                                       | 
|DIT-Fonds APKE                                                         |  | GERMANY       
|                                                                       | 
|DIT-FONDS EEE                                                          |  | GERMANY       
|                                                                       | 
|DIT-FONDS PV-RD                                                        |  | GERMANY       
|                                                                       | 
|DK Pfandbriefe Investments II                                          |  | UNITED STATES 
|                                                                       | 
|DKNA Phoenix LLC                                                       |  | UNITED STATES 
|                                                                       | 
|Donator Beteiligungsverwaltung GmbH                                    |  | GERMANY       
|                                                                       | 
|Doradztwo Gospodarcze Spolka Akcyjna                                   |  | POLAND        
|                                                                       | 
|DOUBL  ACTIV 2008 L                                                   |  | FRANCE        
|                                                                       | 
|DR Institut für Diagnostik und Rehabilitation GmbH i.L.                |  | GERMANY       
|                                                                       | 
|Dr. Dr. Heissmann GmbH Unternehmensberatung für Versorgung & Vergütung |  | GERMANY       
|                                                                       | 
|Draudimo kompanija NERIS UAB                                           |  | LITHUANIA     
|                                                                       | 
|Dreiundzwanzigste DRESIB Beteiligungs-Gesellschaft mbH                 |  | GERMANY       
|                                                                       | 
|Dresdner Advisors LLC                                                  |  | UNITED STATES 
|                                                                       | 
|Dresdner Asset Management Ltd                                          |  | SINGAPORE     
|                                                                       | 
|Dresdner Bank (Schweiz) AG                                             |  | SWITZERLAND   
|                                                                       | 
|Dresdner Bank AG                                                       |  | GERMANY       
|                                                                       | 
|Dresdner Bank Brasil SA Banco Múltiplo                                 |  | BRAZIL        
|                                                                       | 
|Dresdner Bank Gestions France S.A.                                     |  | FRANCE        
|                                                                       | 
|Dresdner Bank Luxembourg S.A.                                          |  | LUXEMBOURG    
|                                                                       | 
|Dresdner Bank Monaco                                                   |  | MONACO        
|                                                                       | 
|Dresdner Bank Representações Ltda.                                     |  | BRAZIL        







---

Exhibit 8.1 Fiscal year 2006



|                                                                  |  |                   
|----------------------------------------------------------------- |  | ------------------
|                                                                  | 
|Dresdner Bank ZAO                                                 |  | RUSSIAN FEDERATION
|                                                                  | 
|Dresdner Benson (Canada) Ltd                                      |  | CANADA            
|                                                                  | 
|Dresdner Capital LLC I                                            |  | UNITED STATES     
|                                                                  | 
|Dresdner Capital LLC II                                           |  | UNITED STATES     
|                                                                  | 
|Dresdner Capital LLC III                                          |  | UNITED STATES     
|                                                                  | 
|Dresdner Capital LLC IV                                           |  | UNITED STATES     
|                                                                  | 
|Dresdner Corporate Finance GmbH                                   |  | GERMANY           
|                                                                  | 
|Dresdner Finance BV                                               |  | NETHERLANDS       
|                                                                  | 
|Dresdner Finanzberatungsgesellschaft mbH                          |  | GERMANY           
|                                                                  | 
|Dresdner Finanziaria SpA                                          |  | ITALY             
|                                                                  | 
|Dresdner Holding B.V.                                             |  | NETHERLANDS       
|                                                                  | 
|Dresdner Investments (UK) Ltd                                     |  | UNITED KINGDOM    
|                                                                  | 
|Dresdner Kleinwort - Grantchester, Inc.                           |  | UNITED STATES     
|                                                                  | 
|Dresdner Kleinwort & Co. Holdings, Inc.                           |  | UNITED STATES     
|                                                                  | 
|Dresdner Kleinwort (Argentina) SA                                 |  | BRAZIL            
|                                                                  | 
|Dresdner Kleinwort (China) Ltd.                                   |  | HONG KONG         
|                                                                  | 
|Dresdner Kleinwort (Drc) Limited                                  |  | UNITED KINGDOM    
|                                                                  | 
|Dresdner Kleinwort (Hong Kong) Limited                            |  | HONG KONG         
|                                                                  | 
|Dresdner Kleinwort (Japan) Ltd.                                   |  | HONG KONG         
|                                                                  | 
|Dresdner Kleinwort (Lbdp) Holdings Limited                        |  | UNITED KINGDOM    
|                                                                  | 
|Dresdner Kleinwort (Lbdp) Limited                                 |  | UNITED KINGDOM    
|                                                                  | 
|Dresdner Kleinwort (Services) Inc.                                |  | PANAMA            
|                                                                  | 
|Dresdner Kleinwort (South East Asia) Ltd.                         |  | THAILAND          
|                                                                  | 
|Dresdner Kleinwort Australia (Securitisation) Pty Ltd             |  | AUSTRALIA         
|                                                                  | 
|Dresdner Kleinwort Australia Ltd                                  |  | AUSTRALIA         
|                                                                  | 
|Dresdner Kleinwort Benson North America Inc                       |  | UNITED STATES     
|                                                                  | 
|Dresdner Kleinwort Benson Private Equity Partner LP               |  | UNITED STATES     
|                                                                  | 
|Dresdner Kleinwort Beteiligungs-Gesellschaft mbH                  |  | GERMANY           
|                                                                  | 
|Dresdner Kleinwort Capital Advisory Services (India) Private Ltd. |  | INDIA             
|                                                                  | 
|Dresdner Kleinwort Capital Beratungs GmbH                         |  | GERMANY           
|                                                                  | 
|Dresdner Kleinwort Capital Inc.                                   |  | UNITED STATES     
|                                                                  | 
|Dresdner Kleinwort Capital Investment Company Ltd                 |  | UNITED KINGDOM    
|                                                                  | 
|Dresdner Kleinwort Capital Investment Trust Ltd                   |  | UNITED KINGDOM    
|                                                                  | 
|Dresdner Kleinwort Capital Italia Beteiligungsverwaltung GmbH     |  | GERMANY           
|                                                                  | 
|Dresdner Kleinwort Capital Jersey Ltd                             |  | UNITED KINGDOM    
|                                                                  | 
|Dresdner Kleinwort Capital LLC                                    |  | UNITED STATES     
|                                                                  | 
|Dresdner Kleinwort Capital Ventures Management Ltd                |  | UNITED KINGDOM    
|                                                                  | 
|Dresdner Kleinwort Capital Verwaltungs GmbH                       |  | GERMANY           
|                                                                  | 
|Dresdner Kleinwort Derivative Investments Limited                 |  | UNITED KINGDOM    
|                                                                  | 
|Dresdner Kleinwort do Brasil s/c Ltda                             |  | BRAZIL            
|                                                                  | 
|Dresdner Kleinwort EIV Manager, Inc.                              |  | UNITED STATES     
|                                                                  | 
|Dresdner Kleinwort Equipment Finance Limited                      |  | UNITED KINGDOM    
|                                                                  | 
|Dresdner Kleinwort Equipment LLC                                  |  | UNITED STATES     
|                                                                  | 
|Dresdner Kleinwort Europe Ltd                                     |  | UNITED KINGDOM    
|                                                                  | 
|Dresdner Kleinwort Finance BV                                     |  | NETHERLANDS       
|                                                                  | 
|Dresdner Kleinwort Finance EURL                                   |  | FRANCE            
|                                                                  | 
|Dresdner Kleinwort Finance Inc.                                   |  | UNITED STATES     
|                                                                  | 
|Dresdner Kleinwort France SAS                                     |  | FRANCE            
|                                                                  | 
|Dresdner Kleinwort Group Holdings, LLC                            |  | UNITED STATES     
|                                                                  | 
|Dresdner Kleinwort Group LLC                                      |  | UNITED STATES     
|                                                                  | 
|Dresdner Kleinwort Group Ltd.                                     |  | UNITED KINGDOM    
|                                                                  | 
|Dresdner Kleinwort Holdings I, Inc.                               |  | UNITED STATES     
|                                                                  | 
|Dresdner Kleinwort Holdings II, Inc.                              |  | UNITED STATES     
|                                                                  | 
|Dresdner Kleinwort Holdings III, Inc.                             |  | UNITED STATES     
|                                                                  | 
|Dresdner Kleinwort Holdings LLC                                   |  | UNITED STATES     
|                                                                  | 
|Dresdner Kleinwort Leasing (Guernsey) Ltd                         |  | UNITED KINGDOM    
|                                                                  | 
|Dresdner Kleinwort Leasing December (1) Limited                   |  | UNITED KINGDOM    







---

Exhibit 8.1 Fiscal year 2006



|                                                          |  |               
|--------------------------------------------------------- |  | --------------
|                                                          | 
|Dresdner Kleinwort Leasing December (10) Limited          |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing December (11) Limited          |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing December (12) Limited          |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing December (13) Limited          |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing December (14) Limited          |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing December (15) Limited          |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing December (2) Limited           |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing December (3) Limited           |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing December (4) Limited           |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing December (6) Limited           |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing December (7) Limited           |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing December (8) Limited           |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing December (9) Limited           |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing Holdings Limited               |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing Inc.                           |  | UNITED STATES 
|                                                          | 
|Dresdner Kleinwort Leasing June (3) Limited               |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing Limited                        |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing March (2) Limited              |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing March (3) Limited              |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing September (1) Limited          |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing September (3) Limited          |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing September (4) Limited          |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing September (5) Limited          |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Leasing September (6) Limited          |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Limited                                |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort LLC                                    |  | UNITED STATES 
|                                                          | 
|Dresdner Kleinwort Metals Limited                         |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Online Ventures Limited                |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Overseas Employees Limited             |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Overseas Holdings plc                  |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Partnership 2001 Ltd                   |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Pfandbriefe Investments, Inc.          |  | UNITED STATES 
|                                                          | 
|Dresdner Kleinwort Property Management & Services Limited |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Research GmbH                          |  | GERMANY       
|                                                          | 
|Dresdner Kleinwort Securities (Asia) Holdings Ltd         |  | HONG KONG     
|                                                          | 
|Dresdner Kleinwort Securities (Asia) Limited              |  | HONG KONG     
|                                                          | 
|Dresdner Kleinwort Securities (Australia) Pty Ltd         |  | AUSTRALIA     
|                                                          | 
|Dresdner Kleinwort Securities (India) Private Ltd         |  | INDIA         
|                                                          | 
|Dresdner Kleinwort Securities France SA                   |  | FRANCE        
|                                                          | 
|Dresdner Kleinwort Securities LLC                         |  | UNITED STATES 
|                                                          | 
|Dresdner Kleinwort Securities Ltd                         |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Securities Nominees Limited            |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Services (Guernsey) Limited            |  | UNITED KINGDOM
|                                                          | 
|Dresdner Kleinwort Services Llc                           |  | UNITED STATES 
|                                                          | 
|Dresdner Kleinwort Servicios y Asesorias Ltda.            |  | COTE DIVOIRE 
|                                                          | 
|Dresdner Kleinwort sp.z.o.o.                              |  | POLAND        
|                                                          | 
|Dresdner Kleinwort Trading Holdings LLC                   |  | UNITED STATES 
|                                                          | 
|Dresdner Kleinwort Trading, Inc.                          |  | UNITED STATES 
|                                                          | 
|Dresdner Lateinamerika Aktiengesellschaft                 |  | GERMANY       
|                                                          | 
|Dresdner Leasing 1 S.àr.l                                 |  | LUXEMBOURG    
|                                                          | 
|Dresdner Leasing 2 S.àr.l                                 |  | LUXEMBOURG    
|                                                          | 
|Dresdner Mezzanine GmbH & Co. KG                          |  | GERMANY       
|                                                          | 
|Dresdner Mezzanine Verwaltungs-GmbH                       |  | GERMANY       
|                                                          | 
|Dresdner Private Placement GmbH                           |  | GERMANY       
|                                                          | 
|Dresdner RCM Global Investors (Jersey) Ltd                |  | UNITED KINGDOM
|                                                          | 
|Dresdner RCM Monetaire                                    |  | FRANCE        
|                                                          | 
|Dresdner Securitized Products GmbH                        |  | GERMANY       







---

Exhibit 8.1 Fiscal year 2006



|                                                                   |  |               
|------------------------------------------------------------------ |  | --------------
|                                                                   | 
|Dresdner Stiftungstreuhand GmbH                                    |  | GERMANY       
|                                                                   | 
|Dresdner U.S. Finance Inc                                          |  | UNITED STATES 
|                                                                   | 
|Dresdner UK Investments 2 B.V.                                     |  | NETHERLANDS   
|                                                                   | 
|Dresdner UK Investments N.V.                                       |  | NETHERLANDS   
|                                                                   | 
|Dresdner Versicherung GmbH                                         |  | GERMANY       
|                                                                   | 
|Dritte SIB Beteiligungs-Aktiengesellschaft                         |  | GERMANY       
|                                                                   | 
|E.U.R.L. D.O.F.                                                    |  | FRANCE        
|                                                                   | 
|E.U.R.L. H.B. Pergola                                              |  | FRANCE        
|                                                                   | 
|EF Solutions LLC                                                   |  | UNITED STATES 
|                                                                   | 
|Einunddreißigste DRESIB Beteiligungs-Gesellschaft mbH              |  | GERMANY       
|                                                                   | 
|Elco Leasing Ltd                                                   |  | UNITED KINGDOM
|                                                                   | 
|ELF Technologies Limited                                           |  | IRELAND       
|                                                                   | 
|ELSECO                                                             |  | FRANCE        
|                                                                   | 
|ELVIA Assistance GmbH                                              |  | AUSTRIA       
|                                                                   | 
|ELVIA Assistance Kft. (Ltd.)                                       |  | HUNGARY       
|                                                                   | 
|ELVIA Assistance s.r.o.                                            |  | CZECH REPUBLIC
|                                                                   | 
|ELVIA ASSISTANCE SP. Z O.O.                                        |  | POLAND        
|                                                                   | 
|ELVIA Reiseversicherungs-Gesellschaft AG                           |  | SWITZERLAND   
|                                                                   | 
|ELVIA Travel Insurance International N.V.                          |  | NETHERLANDS   
|                                                                   | 
|Emerald Global Inv.                                                |  | FRANCE        
|                                                                   | 
|Empresa de Inversiones S.A.                                        |  | PERU          
|                                                                   | 
|Energy Insurance Company Ltd.                                      |  | BULGARIA      
|                                                                   | 
|EP Euro-Projektentwicklungs GmbH & Co. Friedrichstadt- Passagen KG |  | GERMANY       
|                                                                   | 
|EP Euro-Projektentwicklungs GmbH & Co. Objekt 1 KG                 |  | GERMANY       
|                                                                   | 
|EP Euro-Projektentwicklungs GmbH & Co. Objekt Am Markt Chemnitz KG |  | GERMANY       
|                                                                   | 
|EP Euro-Projektentwicklungs GmbH & Co. Objekt Köln-Porz KG         |  | GERMANY       
|                                                                   | 
|EP Euro-Projektentwicklungs-Verwaltungs GmbH                       |  | GERMANY       
|                                                                   | 
|Erste DRESIB Beteiligungs-Gesellschaft mbH                         |  | GERMANY       
|                                                                   | 
|ETI First Source Limited                                           |  | UNITED KINGDOM
|                                                                   | 
|ETI Australia Pty Ltd.                                             |  | AUSTRALIA     
|                                                                   | 
|ETI International Limited                                          |  | UNITED KINGDOM
|                                                                   | 
|ETI Property Limited                                               |  | UNITED KINGDOM
|                                                                   | 
|ETI Sales Limited                                                  |  | UNITED KINGDOM
|                                                                   | 
|Etoile Foncière et Immobilière S.A.S.U.                            |  | FRANCE        
|                                                                   | 
|Euler & Hermes International Centre Limited                        |  | UNITED KINGDOM
|                                                                   | 
|Euler Agent Limited                                                |  | UNITED KINGDOM
|                                                                   | 
|Euler American Credit Indemnity Mexico                             |  | MEXICO        
|                                                                   | 
|Euler do Brasil Seguros Exportacao                                 |  | BRAZIL        
|                                                                   | 
|Euler Gestion                                                      |  | FRANCE        
|                                                                   | 
|Euler Hermes                                                       |  | POLAND        
|                                                                   | 
|Euler Hermes ACI Holding                                           |  | UNITED STATES 
|                                                                   | 
|Euler Hermes ACI Inc.                                              |  | UNITED STATES 
|                                                                   | 
|Euler Hermes ACI Services LLP                                      |  | UNITED STATES 
|                                                                   | 
|Euler Hermes ACMAR Services                                        |  | MOROCCO       
|                                                                   | 
|Euler Hermes Cashflow Solutions Limited                            |  | UNITED KINGDOM
|                                                                   | 
|Euler Hermes Cescob Service s.r.o.                                 |  | CZECH REPUBLIC
|                                                                   | 
|Euler Hermes Cescob, uverová pojistovna, a.s.                      |  | CZECH REPUBLIC
|                                                                   | 
|Euler Hermes Collections UK Limited                                |  | UNITED KINGDOM
|                                                                   | 
|EULER HERMES CREDIT INSURANCE AGENCY (S) PTE. LTD.                 |  | SINGAPORE     
|                                                                   | 
|EULER HERMES CREDIT INSURANCE BELGIUM S.A.                         |  | BELGIUM       
|                                                                   | 
|Euler Hermes Credit Services (JP) Ltd.                             |  | JAPAN         
|                                                                   | 
|Euler Hermes Credit Underwriters Hong Kong Ltd.                    |  | CHINA         
|                                                                   | 
|Euler Hermes Crédito Compañía de Seguros y Reaseguros, S.A.        |  | SPAIN         
|                                                                   | 
|EULER HERMES EMPORIKI SA                                           |  | GREECE        
|                                                                   | 
|EULER HERMES EMPORIKI Services Ltd.                                |  | GREECE        







---

Exhibit 8.1 Fiscal year 2006



|                                                               |  |                           
|-------------------------------------------------------------- |  | --------------------------
|                                                               | 
|Euler Hermes Forderungsmanagement GmbH                         |  | GERMANY                   
|                                                               | 
|Euler Hermes Gesellschaft für Finanzdienstleistungen mbH       |  | GERMANY                   
|                                                               | 
|Euler Hermes Gesellschaft für Informationsdienstleistungen mbH |  | GERMANY                   
|                                                               | 
|Euler Hermes Guarantee plc.                                    |  | UNITED KINGDOM            
|                                                               | 
|Euler Hermes Holdings UK plc                                   |  | UNITED KINGDOM            
|                                                               | 
|Euler Hermes Interborg N.V.                                    |  | NETHERLANDS               
|                                                               | 
|Euler Hermes Kreditförsäkring Norden AB                        |  | SWEDEN                    
|                                                               | 
|Euler Hermes Kreditversicherungs-AG                            |  | GERMANY                   
|                                                               | 
|Euler Hermes Kreditverzekering N.V.                            |  | NETHERLANDS               
|                                                               | 
|Euler Hermes Magyar Hitelbiztosító Rt.                         |  | HUNGARY                   
|                                                               | 
|Euler Hermes Magyar Követeleskezelö Kft.                       |  | HUNGARY                   
|                                                               | 
|Euler Hermes Rating GmbH                                       |  | GERMANY                   
|                                                               | 
|Euler Hermes Réinsurance                                       |  | SWITZERLAND               
|                                                               | 
|Euler Hermes Risk Management Verwaltungs-GmbH                  |  | GERMANY                   
|                                                               | 
|Euler Hermes Risk Services UK Limited                          |  | UNITED KINGDOM            
|                                                               | 
|Euler Hermes Riskmanagement GmbH & Co. KG                      |  | GERMANY                   
|                                                               | 
|Euler Hermes S.A.                                              |  | FRANCE                    
|                                                               | 
|Euler Hermes Seguros de Crédito S.A.                           |  | BRAZIL                    
|                                                               | 
|Euler Hermes Seguros de Crédito S.A.                           |  | MEXICO                    
|                                                               | 
|Euler Hermes Services (HK) Limited                             |  | HONG KONG                 
|                                                               | 
|Euler Hermes Services AG                                       |  | SWITZERLAND               
|                                                               | 
|Euler Hermes Services Baltic UAB                               |  | LITHUANIA                 
|                                                               | 
|Euler Hermes Services Belgium S.A.                             |  | BELGIUM                   
|                                                               | 
|Euler Hermes Services Estonia OÜ                               |  | ESTONIA                   
|                                                               | 
|Euler Hermes Services Latvija SIA                              |  | LATVIA                    
|                                                               | 
|Euler Hermes Services S.A.S.                                   |  | FRANCE                    
|                                                               | 
|Euler Hermes Servicii Financiare                               |  | ROMANIA                   
|                                                               | 
|Euler Hermes Servicios de Crédito, S.L.                        |  | SPAIN                     
|                                                               | 
|Euler Hermes Servicos Ltda                                     |  | BRAZIL                    
|                                                               | 
|Euler Hermes Servis, s.r.o.                                    |  | SLOVAKIA (Slovak Republic)
|                                                               | 
|Euler Hermes SFAC Crédit S.A.S.                                |  | FRANCE                    
|                                                               | 
|Euler Hermes SFAC Recouvrement S.A.S.                          |  | FRANCE                    
|                                                               | 
|Euler Hermes SFAC S.A.                                         |  | FRANCE                    
|                                                               | 
|Euler Hermes SIAC S.p.A.                                       |  | ITALY                     
|                                                               | 
|Euler Hermes Trade Credit                                      |  | AUSTRALIA                 
|                                                               | 
|Euler Hermes Trade Credit                                      |  | NEW ZEALAND               
|                                                               | 
|Euler Hermes UK plc                                            |  | UNITED KINGDOM            
|                                                               | 
|Euler Hermes Zarzadzanie Ryzkiem Sp. z o.o.                    |  | POLAND                    
|                                                               | 
|Euler Incorporation Inc.                                       |  | UNITED STATES             
|                                                               | 
|Euler Re                                                       |  | LUXEMBOURG                
|                                                               | 
|Euler SFAC Asset Management                                    |  | FRANCE                    
|                                                               | 
|Euler Tech                                                     |  | FRANCE                    
|                                                               | 
|Euler UK Group Services Limited                                |  | UNITED KINGDOM            
|                                                               | 
|Eurl 20/22 Le Peletier                                         |  | FRANCE                    
|                                                               | 
|EURL SARL du Rocher St. Hélène                                 |  | FRANCE                    
|                                                               | 
|EURO GESTION                                                   |  | FRANCE                    
|                                                               | 
|EUROGRAFICA Systemplanungs-GmbH                                |  | GERMANY                   
|                                                               | 
|European Credit Underwriters Limited                           |  | UNITED KINGDOM            
|                                                               | 
|European Properties Inc.                                       |  | UNITED KINGDOM            
|                                                               | 
|European Venture Partners (General Partner) Ltd                |  | UNITED KINGDOM            
|                                                               | 
|European Venture Partners (Holdings) Ltd                       |  | UNITED KINGDOM            
|                                                               | 
|European Venture Partners (Israel) Limited                     |  | UNITED KINGDOM            
|                                                               | 
|European Venture Partners LP                                   |  | UNITED KINGDOM            
|                                                               | 
|European Venture Partners Ltd                                  |  | UNITED KINGDOM            
|                                                               | 
|EuroShip Assekuradeurgesellschaft mbH & Co. KG                 |  | GERMANY                   
|                                                               | 
|Eurotax Garantie AG                                            |  | SWITZERLAND               
|                                                               | 
|Eurovida S.A. Compañía de Seguros y Reaseguros                 |  | SPAIN                     







---

Exhibit 8.1 Fiscal year 2006



|                                                    |  |                   
|--------------------------------------------------- |  | ------------------
|                                                    | 
|F.C.C. LOGIFIX                                      |  | FRANCE            
|                                                    | 
|FAF Inc.                                            |  | CAYMAN ISLANDS    
|                                                    | 
|FAI Allianz Ltd                                     |  | AUSTRALIA         
|                                                    | 
|Failure & Risk Consulting GmbH                      |  | GERMANY           
|                                                    | 
|Felix Ltd                                           |  | UNITED KINGDOM    
|                                                    | 
|Fenchurch Fiduciaries Ltd                           |  | UNITED KINGDOM    
|                                                    | 
|Fenchurch Finance Ltd                               |  | UNITED KINGDOM    
|                                                    | 
|Fenchurch International Holdings Ltd                |  | UNITED KINGDOM    
|                                                    | 
|Fenchurch Nominees (SINGAPORE) pte Limited          |  | SINGAPORE         
|                                                    | 
|Fenchurch Nominees Ltd                              |  | UNITED KINGDOM    
|                                                    | 
|Fenchurch Nominees Ltd                              |  | UNITED KINGDOM    
|                                                    | 
|Fenchurch Trust Ltd                                 |  | UNITED KINGDOM    
|                                                    | 
|Fendrake Ltd                                        |  | UNITED KINGDOM    
|                                                    | 
|Fenix Directo Compania de Seguros y Reaseguros S.A. |  | SPAIN             
|                                                    | 
|FFIC of Bermuda                                     |  | BERMUDA           
|                                                    | 
|Fiduciaria Colseguros                               |  | COLOMBIA          
|                                                    | 
|FIF Sudameris Finance Shares                        |  | BRAZIL            
|                                                    | 
|Financiere AGF                                      |  | FRANCE            
|                                                    | 
|Financière Galilée                                  |  | FRANCE            
|                                                    | 
|Finanztrust AG                                      |  | GERMANY           
|                                                    | 
|Firemans Fund Agribusiness Inc.                    |  | UNITED STATES     
|                                                    | 
|Firemans Fund Financial Services                   |  | UNITED STATES     
|                                                    | 
|Firemans Fund Indemnity Corporation                |  | UNITED STATES     
|                                                    | 
|Firemans Fund Insurance Company                    |  | UNITED STATES     
|                                                    | 
|Firemans Fund Insurance Company of Georgia         |  | UNITED STATES     
|                                                    | 
|Firemans Fund Insurance Company of Hawaii, Inc.    |  | UNITED STATES     
|                                                    | 
|Firemans Fund Insurance Company of Louisiana       |  | UNITED STATES     
|                                                    | 
|Firemans Fund Insurance Company of Missouri        |  | UNITED STATES     
|                                                    | 
|Firemans Fund Insurance Company of Ohio            |  | UNITED STATES     
|                                                    | 
|First Building Management Company Ltd.              |  | KOREA, REPUBLIC OF
|                                                    | 
|First Call Direct Limited                           |  | IRELAND           
|                                                    | 
|First Rate Direct Limited                           |  | UNITED KINGDOM    
|                                                    | 
|Fitrust                                             |  | SWITZERLAND       
|                                                    | 
|Fondsdepot Bank GmbH                                |  | GERMANY           
|                                                    | 
|FRAGONARD ASSURANCE                                 |  | FRANCE            
|                                                    | 
|FRANCE SECOURS INTERNATIONAL ASSISTANCE S.A.        |  | FRANCE            
|                                                    | 
|Frank Nominees Ltd                                  |  | UNITED KINGDOM    
|                                                    | 
|Frey printcom GmbH                                  |  | GERMANY           
|                                                    | 
|FS2A S.A.                                           |  | FRANCE            
|                                                    | 
|Fünfzehnte FraMü Beteiligungs GmbH                  |  | GERMANY           
|                                                    | 
|FX Trading IX, Inc.                                 |  | UNITED STATES     
|                                                    | 
|FX Trading VIII, Inc.                               |  | UNITED STATES     
|                                                    | 
|FX Trading X, Inc.                                  |  | UNITED STATES     
|                                                    | 
|FX Trading XI, Inc.                                 |  | UNITED STATES     
|                                                    | 
|FX Trading XII, Inc.                                |  | UNITED STATES     
|                                                    | 
|FX Trading XIV, Inc.                                |  | UNITED STATES     
|                                                    | 
|FX Trading XIX, Inc.                                |  | UNITED STATES     
|                                                    | 
|FX Trading XL, Inc.                                 |  | UNITED STATES     
|                                                    | 
|FX Trading XLI, Inc.                                |  | UNITED STATES     
|                                                    | 
|FX Trading XLII, Inc.                               |  | UNITED STATES     
|                                                    | 
|FX Trading XLIII, Inc.                              |  | UNITED STATES     
|                                                    | 
|FX Trading XV, Inc.                                 |  | UNITED STATES     
|                                                    | 
|FX Trading XVI, Inc.                                |  | UNITED STATES     
|                                                    | 
|FX Trading XVII, Inc.                               |  | UNITED STATES     
|                                                    | 
|FX Trading XVIII, Inc.                              |  | UNITED STATES     
|                                                    | 
|FX Trading XX, Inc.                                 |  | UNITED STATES     
|                                                    | 
|FX Trading XXI, Inc.                                |  | UNITED STATES     







---

Exhibit 8.1 Fiscal year 2006



|                                                                                       |  |               
|-------------------------------------------------------------------------------------- |  | --------------
|                                                                                       | 
|FX Trading XXII, Inc.                                                                  |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXIII, Inc.                                                                 |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXIV, Inc.                                                                  |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXIX, Inc.                                                                  |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXV, Inc.                                                                   |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXVI, Inc.                                                                  |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXVII, Inc.                                                                 |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXVIII, Inc.                                                                |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXX, Inc.                                                                   |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXXI, Inc.                                                                  |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXXII, Inc.                                                                 |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXXIII, Inc.                                                                |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXXIV, Inc.                                                                 |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXXIX, Inc.                                                                 |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXXV, Inc.                                                                  |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXXVI, Inc.                                                                 |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXXVII, Inc.                                                                |  | UNITED STATES 
|                                                                                       | 
|FX Trading XXXVIII, Inc.                                                               |  | UNITED STATES 
|                                                                                       | 
|G.I.T. Uniphénix                                                                       |  | FRANCE        
|                                                                                       | 
|Gaipare Action                                                                         |  | FRANCE        
|                                                                                       | 
|Gaipare Diffusion                                                                      |  | FRANCE        
|                                                                                       | 
|GamePlan Financial Marketing, LLC                                                      |  | UNITED STATES 
|                                                                                       | 
|Gamma-Vermögensverwaltungsgesellschaft mbH                                             |  | GERMANY       
|                                                                                       | 
|GbR Berlin Pariser Platz 5a/6                                                          |  | GERMANY       
|                                                                                       | 
|GE.SI Gestione Sistemi Informatici S.p.c.A.                                            |  | ITALY         
|                                                                                       | 
|Générale Viagère                                                                       |  | FRANCE        
|                                                                                       | 
|Generali Investissement (C)                                                            |  | FRANCE        
|                                                                                       | 
|Generation Vie                                                                         |  | FRANCE        
|                                                                                       | 
|GENIALLOYD S.p.A.                                                                      |  | ITALY         
|                                                                                       | 
|GENUJO LOK Beteiligungs GmbH                                                           |  | GERMANY       
|                                                                                       | 
|GENUJO Sechste Beteiligungs GmbH                                                       |  | GERMANY       
|                                                                                       | 
|GENUJO Vierte Beteiligungs GmbH                                                        |  | GERMANY       
|                                                                                       | 
|Georg Spiess GmbH                                                                      |  | GERMANY       
|                                                                                       | 
|German Real Estate Equity Fund I                                                       |  | GERMANY       
|                                                                                       | 
|Gesellschaft für Vorsorgeberatung                                                      |  | SWITZERLAND   
|                                                                                       | 
|Gestiass S.r.l.                                                                        |  | ITALY         
|                                                                                       | 
|GIE Dresdner Bank Gestions France                                                      |  | FRANCE        
|                                                                                       | 
|GIE DrK France                                                                         |  | FRANCE        
|                                                                                       | 
|GIE Placements dAssurances                                                            |  | FRANCE        
|                                                                                       | 
|GIE Victoria Aéronautique                                                              |  | FRANCE        
|                                                                                       | 
|GIM Grundwert Immobilien Management GmbH                                               |  | GERMANY       
|                                                                                       | 
|GKB (General Partner) Limited                                                          |  | UNITED KINGDOM
|                                                                                       | 
|Global One Funding Inc.                                                                |  | UNITED STATES 
|                                                                                       | 
|Global Transport & Automotive Insurance Solutions Inc.                                 |  | AUSTRALIA     
|                                                                                       | 
|Grafton Properties Limited                                                             |  | IRELAND       
|                                                                                       | 
|grapho metronic Mess- und Regeltechnik GmbH                                            |  | GERMANY       
|                                                                                       | 
|Gresham Leasing March (1) Ltd.                                                         |  | UNITED KINGDOM
|                                                                                       | 
|Groupe Saint Thomas                                                                    |  | FRANCE        
|                                                                                       | 
|Grundstücksgesellschaft der Vereinten Versicherungen mbH                               |  | GERMANY       
|                                                                                       | 
|Grundstücksgesellschaft der Vereinten Versicherungen mbH & Co. Besitz- und Betriebs KG |  | GERMANY       
|                                                                                       | 
|Grundstücks-Gesellschaft mbH                                                           |  | GERMANY       
|                                                                                       | 
|GTS - GESTION DE TELESECURITE ET DE SERVICES S.A.                                      |  | FRANCE        
|                                                                                       | 
|Guernsey Nominees Ltd                                                                  |  | UNITED KINGDOM
|                                                                                       | 
|GVP Grundwert Verwaltungs- und Projektentwicklungs GmbH                                |  | GERMANY       
|                                                                                       | 
|H.V. Gestion                                                                           |  | FRANCE        
|                                                                                       | 
|Hamudi S.A.                                                                            |  | FRANCE        







---

Exhibit 8.1 Fiscal year 2006



|                                                                                   |  |                   
|---------------------------------------------------------------------------------- |  | ------------------
|                                                                                   | 
|Hardy Beteiligungs-Gesellschaft mbH                                                |  | GERMANY           
|                                                                                   | 
|Hauteville Insurance Company Limited                                               |  | UNITED KINGDOM    
|                                                                                   | 
|Havelaar et Van Stolk B.V.                                                         |  | NETHERLANDS       
|                                                                                   | 
|Heissmann Consultants (Ireland) Ltd.                                               |  | IRELAND           
|                                                                                   | 
|Heissmann Consultants B.V.                                                         |  | NETHERLANDS       
|                                                                                   | 
|HEISSMANN CONSULTANTS GMBH                                                         |  | AUSTRIA           
|                                                                                   | 
|Heissmann Consultants GmbH                                                         |  | GERMANY           
|                                                                                   | 
|Heissmann Consultants Holding GmbH                                                 |  | GERMANY           
|                                                                                   | 
|HEISSMANN CONSULTANTS INTERNATIONAL GMBH                                           |  | GERMANY           
|                                                                                   | 
|Heissmann Consultants SARL                                                         |  | SWITZERLAND       
|                                                                                   | 
|HELVIASS Verzekeringen BV                                                          |  | NETHERLANDS       
|                                                                                   | 
|Herradura Ltd                                                                      |  | UNITED KINGDOM    
|                                                                                   | 
|Hilary Nominees Ltd                                                                |  | UNITED KINGDOM    
|                                                                                   | 
|Histel Beteiligungs GmbH                                                           |  | GERMANY           
|                                                                                   | 
|Hohensyburg Ltd.                                                                   |  | IRELAND           
|                                                                                   | 
|Home & Legacy (Holdings) Limited                                                   |  | UNITED KINGDOM    
|                                                                                   | 
|Home & Legacy Insurance Services Limited                                           |  | UNITED KINGDOM    
|                                                                                   | 
|Home Management Inc.                                                               |  | BELIZE            
|                                                                                   | 
|Honeywell Grundbesitzverwaltungs-GmbH & Co. Vermietungs-KG                         |  | GERMANY           
|                                                                                   | 
|Hungária Biztosító Számitástechnikai Kft. (Hungária EDV- Betriebsgesellschaft mbH) |  | HUNGARY           
|                                                                                   | 
|Hunter Premium Funding Ltd.                                                        |  | AUSTRALIA         
|                                                                                   | 
|Idilias SPC Inc.                                                                   |  | CAYMAN ISLANDS    
|                                                                                   | 
|IDR Actions Euros                                                                  |  | FRANCE            
|                                                                                   | 
|IDS GmbH - Analysis and Reporting Services                                         |  | GERMANY           
|                                                                                   | 
|Immovalor Gestion S.A.                                                             |  | FRANCE            
|                                                                                   | 
|Informatica Y Servicios Financieros S.A. (Insesa)                                  |  | SPAIN             
|                                                                                   | 
|Inmobiliaria Driavena                                                              |  | VENEZUELA         
|                                                                                   | 
|Insolvency Risk Insurance Services Limited                                         |  | UNITED KINGDOM    
|                                                                                   | 
|Insolvency Risk Management Limited                                                 |  | UNITED KINGDOM    
|                                                                                   | 
|Insurance Joint Stock Company "Allianz"                                            |  | RUSSIAN FEDERATION
|                                                                                   | 
|Intermediass S.r.l.                                                                |  | ITALY             
|                                                                                   | 
|International Film Guarantors Reinsurance Ltd.                                     |  | BERMUDA           
|                                                                                   | 
|International Film Guarantors, Inc.                                                |  | UNITED STATES     
|                                                                                   | 
|International Film Guarantors, LLC                                                 |  | UNITED STATES     
|                                                                                   | 
|International Film Guarantors, Ltd.                                                |  | UNITED KINGDOM    
|                                                                                   | 
|Interstate Fire & Casualty Company                                                 |  | UNITED STATES     
|                                                                                   | 
|Interstate Indemnity Company                                                       |  | UNITED STATES     
|                                                                                   | 
|Interstate National Corporation of Texas                                           |  | UNITED STATES     
|                                                                                   | 
|INVCO SAS                                                                          |  | FRANCE            
|                                                                                   | 
|Inverciones Dresdner Kleinwort Chile Ltda.                                         |  | CHILE             
|                                                                                   | 
|Inveresk Stockholders Ltd                                                          |  | UNITED KINGDOM    
|                                                                                   | 
|INVESTITORI SGR S.p.a.                                                             |  | ITALY             
|                                                                                   | 
|Ionia Capital Plc                                                                  |  | IRELAND           
|                                                                                   | 
|IPC Heissmann Versicherungsservice GmbH                                            |  | GERMANY           
|                                                                                   | 
|ITEB B.V.                                                                          |  | NETHERLANDS       
|                                                                                   | 
|IXIS Oakmark Global                                                                |  | FRANCE            
|                                                                                   | 
|J. Metzler GmbH Graphische Maschinen                                               |  | GERMANY           
|                                                                                   | 
|J.P. Morgan PUTTERs/DRIVERs Trust, Series 1624                                     |  | UNITED STATES     
|                                                                                   | 
|J.P. Morgan PUTTERs/DRIVERs Trust, Series 1625                                     |  | UNITED STATES     
|                                                                                   | 
|J.P. Morgan PUTTERs/DRIVERs Trust, Series 1651                                     |  | UNITED STATES     
|                                                                                   | 
|J.P. Morgan PUTTERs/DRIVERs Trust, Series 795                                      |  | UNITED STATES     
|                                                                                   | 
|J.P. Morgan PUTTERs/DRIVERs Trust, Series 825                                      |  | UNITED STATES     
|                                                                                   | 
|J.P. Morgan PUTTERs/DRIVERs Trust, Series 826                                      |  | UNITED STATES     
|                                                                                   | 
|JeffCo Management Company Inc.                                                     |  | UNITED STATES     
|                                                                                   | 
|Jefferson Insurance Company of N.Y.                                                |  | UNITED STATES     
|                                                                                   | 
|Jota-Vermögensverwaltungsgesellschaft mbH                                          |  | GERMANY           







---

Exhibit 8.1 Fiscal year 2006



|                                                                 |  |                           
|---------------------------------------------------------------- |  | --------------------------
|                                                                 | 
|Justine Capital inc.                                             |  | ITALY                     
|                                                                 | 
|Kalmus Grundstücks Gesellschaft Objekt KG                        |  | GERMANY                   
|                                                                 | 
|KB (C.I.) Nominees Ltd                                           |  | UNITED KINGDOM            
|                                                                 | 
|KB UK Trustees Ltd.                                              |  | UNITED KINGDOM            
|                                                                 | 
|KBEMF (GP) Ltd                                                   |  | UNITED KINGDOM            
|                                                                 | 
|KBEMF II (Guernsey) Ltd                                          |  | UNITED KINGDOM            
|                                                                 | 
|KBIM (IT) Nominees Ltd                                           |  | UNITED KINGDOM            
|                                                                 | 
|KBIM General Nominees Ltd                                        |  | UNITED KINGDOM            
|                                                                 | 
|KBIM Standby Nominees Ltd                                        |  | UNITED KINGDOM            
|                                                                 | 
|KB-LPL Holdings Inc                                              |  | UNITED STATES             
|                                                                 | 
|KB-LPL Inc                                                       |  | UNITED STATES             
|                                                                 | 
|KBPB Nominees Limited                                            |  | UNITED KINGDOM            
|                                                                 | 
|KEVA spol. s.r.o.                                                |  | SLOVAKIA (Slovak Republic)
|                                                                 | 
|Kiinteistöoasakeyhtiö Eteläesplanadi 2                           |  | FINLAND                   
|                                                                 | 
|Kléber Lamartine S.A.S.                                          |  | FRANCE                    
|                                                                 | 
|Kléber Passy S.A.S.                                              |  | FRANCE                    
|                                                                 | 
|Kleinwort                                                        |  | SWITZERLAND               
|                                                                 | 
|Kleinwort Benson (Channel Islands) Business Services Limited     |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (Channel Islands) Corporate Services Limited    |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (Channel Islands) Fund Services Limited         |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (Channel Islands) Investment Management Limited |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (Channel Islands) Ltd.                          |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (Channel Islands) Pension Trustees Limited      |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (Channel Islands) Trustees Limited              |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (Guernsey) Corporate Services Limited           |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (Guernsey) Ltd                                  |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (Guernsey) Services Ltd                         |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (Guernsey) Trustees (1997) Limited              |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (Guernsey) Trustees Ltd                         |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (Hong Kong) Trustees Ltd                        |  | HONG KONG                 
|                                                                 | 
|Kleinwort Benson (Jersey) Asset Managers Ltd                     |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (Jersey) Fund Services Limited                  |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (Jersey) Services Ltd                           |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (Jersey) Trustees (1997) Limited                |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (Jersey) Trustees Ltd                           |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson (US) Asset Managers LLC                         |  | UNITED STATES             
|                                                                 | 
|Kleinwort Benson (USA) Inc.                                      |  | UNITED STATES             
|                                                                 | 
|Kleinwort Benson Channel Islands Holdings Ltd.                   |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson Cross Financing Inc                             |  | UNITED STATES             
|                                                                 | 
|Kleinwort Benson Farmland Trust (Managers) Ltd                   |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson Financial Services Ltd                          |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson Gilts Ltd                                       |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson International Corporation Limited               |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson International Trustees Ltd                      |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson Investment Management Americas Inc              |  | UNITED STATES             
|                                                                 | 
|Kleinwort Benson Private Bank Limited                            |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson Trustees Ltd                                    |  | UNITED KINGDOM            
|                                                                 | 
|Kleinwort Benson Unit Trusts Ltd                                 |  | UNITED KINGDOM            
|                                                                 | 
|KNIGHTSBRIDGE ALLIANZ LP                                         |  | UNITED STATES             
|                                                                 | 
|Knowlfa Ltd                                                      |  | UNITED KINGDOM            
|                                                                 | 
|KTC Kommunikations- und Trainings-Center Königstein GmbH         |  | GERMANY                   
|                                                                 | 
|L.A. PARTECIPAZIONI e SERVIZI                                    |  | ITALY                     
|                                                                 | 
|LA FIN SIM S.P.A.                                                |  | ITALY                     
|                                                                 | 
|LA RURALE                                                        |  | FRANCE                    
|                                                                 | 
|LA VITA                                                          |  | ITALY                     
|                                                                 | 
|LAMINA Grundstücksverwaltungs-GmbH & Co. KG                      |  | GERMANY                   







---

Exhibit 8.1 Fiscal year 2006



|                                                             |  |                               
|------------------------------------------------------------ |  | ------------------------------
|                                                             | 
|Langbourn Nominees Ltd                                       |  | UNITED KINGDOM                
|                                                             | 
|Langdale Nominees Ltd                                        |  | UNITED KINGDOM                
|                                                             | 
|Langham Nominees Ltd                                         |  | UNITED KINGDOM                
|                                                             | 
|Larose Trintaudon Chile S.A.                                 |  | CHILE                         
|                                                             | 
|LAssicuratrice Italiana Danni                               |  | ITALY                         
|                                                             | 
|LAssicuratrice Italiana Vita S.p.A.                         |  | ITALY                         
|                                                             | 
|Le Cottage                                                   |  | FRANCE                        
|                                                             | 
|Le Profil des Profils                                        |  | FRANCE                        
|                                                             | 
|Les Assurances Fédérales IARD                                |  | FRANCE                        
|                                                             | 
|Les Hautes Villes                                            |  | FRANCE                        
|                                                             | 
|Liffey Emmerald                                              |  | UNITED KINGDOM                
|                                                             | 
|Limited Liability Company Pazha                            |  | RUSSIAN FEDERATION            
|                                                             | 
|Limited Liability Company Plava                            |  | RUSSIAN FEDERATION            
|                                                             | 
|Limited Liability Company Polya                            |  | RUSSIAN FEDERATION            
|                                                             | 
|Limited Liability Company Professional Management Services |  | RUSSIAN FEDERATION            
|                                                             | 
|Limited Liability Company Sheza                            |  | RUSSIAN FEDERATION            
|                                                             | 
|Limited Liability Company Uvod                             |  | RUSSIAN FEDERATION            
|                                                             | 
|Limited Liability Company Volot                            |  | RUSSIAN FEDERATION            
|                                                             | 
|Lisa Synthetic CDO 2002-1 B.V.                               |  | GERMANY                       
|                                                             | 
|Livingstone Motgages Ltd                                     |  | UNITED KINGDOM                
|                                                             | 
|LLC Allianz Asset Management                               |  | RUSSIAN FEDERATION            
|                                                             | 
|LLOYD ADRIATICO REAL ESTATE S.p.A.                           |  | ITALY                         
|                                                             | 
|Lloyd Adriatico S.p.A.                                       |  | ITALY                         
|                                                             | 
|Local Market Financial Investment Fund                       |  | BRAZIL                        
|                                                             | 
|LOFRA GmbH & Co.KG                                           |  | GERMANY                       
|                                                             | 
|LOFRA Verwaltungs-Gesellschaft mbH                           |  | GERMANY                       
|                                                             | 
|LOGICA SOFTWARE SRL                                          |  | ITALY                         
|                                                             | 
|London Verzekeringen N.V.                                    |  | NETHERLANDS                   
|                                                             | 
|LTCAmerica                                                   |  | UNITED STATES                 
|                                                             | 
|LUFRA Beteiligungsholding AG                                 |  | SWITZERLAND                   
|                                                             | 
|Lufthansa Leasing GmbH & Co. Echo-Oscar KG                   |  | GERMANY                       
|                                                             | 
|Lufthansa Leasing GmbH & Co. Echo-Papa KG                    |  | GERMANY                       
|                                                             | 
|LYXOR HÖCHSTSTANDSGARANT. 2018                               |  | FRANCE                        
|                                                             | 
|LYXOR HÖCHSTSTANDSGARANT. 2021                               |  | FRANCE                        
|                                                             | 
|M.R. Print Management Ltd.                                   |  | UNITED KINGDOM                
|                                                             | 
|MAN Roland (Hongkong) Ltd.                                   |  | CHINA                         
|                                                             | 
|MAN Roland (Korea) Ltd.                                      |  | KOREA, REPUBLIC OF            
|                                                             | 
|MAN Roland (Taiwan) Ltd.                                     |  | TAIWAN                        
|                                                             | 
|MAN Roland Asia Pacific                                      |  | MALAYSIA                      
|                                                             | 
|MAN Roland Belgium N.V.                                      |  | BELGIUM                       
|                                                             | 
|MAN Roland Bulgaria-eood                                     |  | BULGARIA                      
|                                                             | 
|MAN Roland CEE AG                                            |  | AUSTRIA                       
|                                                             | 
|MAN Roland Ceská Republika spol. S.r.o.                      |  | CZECH REPUBLIC                
|                                                             | 
|MAN Roland Danmark A/S                                       |  | DENMARK                       
|                                                             | 
|MAN Roland Druckmaschinen AG                                 |  | GERMANY                       
|                                                             | 
|MAN Roland Finland Oy                                        |  | FINLAND                       
|                                                             | 
|MAN Roland France SAS                                        |  | FRANCE                        
|                                                             | 
|MAN Roland Great Britain Ltd.                                |  | UNITED KINGDOM                
|                                                             | 
|MAN Roland Heusenstamm GmbH                                  |  | GERMANY                       
|                                                             | 
|MAN Roland Hrvatska d.o.o.                                   |  | CROATIA (local name: Hrvatska)
|                                                             | 
|MAN Roland Inc.                                              |  | UNITED STATES                 
|                                                             | 
|MAN Roland Italia SpA                                        |  | ITALY                         
|                                                             | 
|MAN Roland Magyarorszag Kft.                                 |  | HUNGARY                       
|                                                             | 
|MAN Roland Nederland BV                                      |  | NETHERLANDS                   
|                                                             | 
|MAN Roland Polska sp. z.o.o.                                 |  | POLAND                        
|                                                             | 
|MAN Roland Portugal Lda.                                     |  | PORTUGAL                      
|                                                             | 
|MAN Roland Romania S.R.L.                                    |  | ROMANIA                       







---

Exhibit 8.1 Fiscal year 2006



|                                                                                        |  |                           
|--------------------------------------------------------------------------------------- |  | --------------------------
|                                                                                        | 
|MAN Roland Rotations Vertriebs GmbH Nord                                                |  | GERMANY                   
|                                                                                        | 
|MAN Roland Sistemas S.L.                                                                |  | SPAIN                     
|                                                                                        | 
|MAN Roland Slovenija d.o.o.                                                             |  | SLOVENIA                  
|                                                                                        | 
|MAN Roland Sverige AB                                                                   |  | SWEDEN                    
|                                                                                        | 
|MAN Roland Swiss AG                                                                     |  | SWITZERLAND               
|                                                                                        | 
|MAN Roland Versicherungsvermittlungs GmbH                                               |  | GERMANY                   
|                                                                                        | 
|MAN Roland Vertrieb und Service GmbH                                                    |  | GERMANY                   
|                                                                                        | 
|MAN Roland Vertriebsgesellschaft Bayern mbH                                             |  | GERMANY                   
|                                                                                        | 
|Man Roland Western Europe Group B.V.                                                    |  | NETHERLANDS               
|                                                                                        | 
|Mandas No. 2                                                                            |  | UNITED KINGDOM            
|                                                                                        | 
|Mandas No.1                                                                             |  | UNITED KINGDOM            
|                                                                                        | 
|Marlyna Ltd                                                                             |  | UNITED KINGDOM            
|                                                                                        | 
|Martin Maurel Vie                                                                       |  | FRANCE                    
|                                                                                        | 
|Marylebone Commercial Finance                                                           |  | UNITED KINGDOM            
|                                                                                        | 
|Mauritius Island                                                                        |  | MAURITIUS                 
|                                                                                        | 
|McGee Insurance Co. (Bermuda) Ltd.                                                      |  | UNITED STATES             
|                                                                                        | 
|Medibroker, s.r.o. Bratislava                                                           |  | SLOVAKIA (Slovak Republic)
|                                                                                        | 
|Medisalud Compania Colombiana de Medicina Prepagada S.A.                                |  | COLOMBIA                  
|                                                                                        | 
|Melrose II Inc.                                                                         |  | UNITED STATES             
|                                                                                        | 
|Menza Grundstücks-Verwaltungsgesellschaft mbH                                           |  | GERMANY                   
|                                                                                        | 
|Menza Grundstücks-Verwaltungsgesellschaft mbH & Co. KG                                  |  | GERMANY                   
|                                                                                        | 
|MERCOSUL                                                                                |  | BRAZIL                    
|                                                                                        | 
|MERCOSUL ASSISTANCE ARGENTINE                                                           |  | ARGENTINA                 
|                                                                                        | 
|Merkur Grundstücks Gesellschaft Objekt Berlin Lange Strasse KG                          |  | GERMANY                   
|                                                                                        | 
|Merkur Grundstücks-Gesellschaft mbH                                                     |  | GERMANY                   
|                                                                                        | 
|MERLAN Mobilien-Verwaltungsgesellschaft mbH & Co. Projekt Nr. 16 KG                     |  | GERMANY                   
|                                                                                        | 
|Mertus Zweite GmbH                                                                      |  | GERMANY                   
|                                                                                        | 
|META Finanz-Informationssysteme GmbH                                                    |  | GERMANY                   
|                                                                                        | 
|MetallRente Pensionsfonds AG i.G.                                                       |  | GERMANY                   
|                                                                                        | 
|MetaPhysics S.A.                                                                        |  | SWITZERLAND               
|                                                                                        | 
|Midway Insurance Company of Illinois                                                    |  | UNITED STATES             
|                                                                                        | 
|Millea Mondial Co Ltd.                                                                  |  | JAPAN                     
|                                                                                        | 
|MMI Worksafe (Malaysia) Sdn Bhd                                                         |  | MALAYSIA                  
|                                                                                        | 
|Mole Finance Inc.                                                                       |  | CAYMAN ISLANDS            
|                                                                                        | 
|Mondial Assistance (UK) Limited                                                         |  | UNITED KINGDOM            
|                                                                                        | 
|Mondial Assistance AG                                                                   |  | SWITZERLAND               
|                                                                                        | 
|Mondial Assistance Australia Holding Pty Ltd.                                           |  | AUSTRALIA                 
|                                                                                        | 
|MONDIAL ASSISTANCE B.V.                                                                 |  | NETHERLANDS               
|                                                                                        | 
|Mondial Assistance Beijing Services Co. Ltd.                                            |  | CHINA                     
|                                                                                        | 
|Mondial Assistance Deutschland GmbH                                                     |  | GERMANY                   
|                                                                                        | 
|MONDIAL ASSISTANCE FRANCE MAF S.A.                                                    |  | FRANCE                    
|                                                                                        | 
|Mondial Assistance France SAS                                                           |  | FRANCE                    
|                                                                                        | 
|MONDIAL ASSISTANCE ITALIA S.P.A.                                                        |  | ITALY                     
|                                                                                        | 
|Mondial Assistance Portugal - Serviços Assistencia Ldt.                                 |  | PORTUGAL                  
|                                                                                        | 
|Mondial Assistance Réunion S.A.                                                         |  | FRANCE                    
|                                                                                        | 
|Mondial Assistance S.A.S.                                                               |  | FRANCE                    
|                                                                                        | 
|Mondial Assistance Seguros y Reaseguros de Riesgos Diversos,
Sociedada anonyma unipers. |  | SPAIN                     
|                                                                                        | 
|Mondial Protection Corretora de Seguros Ltda.                                           |  | BRAZIL                    
|                                                                                        | 
|MONDIAL SERVICE ITALIA S.R.L.                                                           |  | ITALY                     
|                                                                                        | 
|MONEGER SA                                                                              |  | SENEGAL                   
|                                                                                        | 
|Monticello Insurance Co.                                                                |  | UNITED STATES             
|                                                                                        | 
|Morris (S.P.) Holdings Ltd                                                              |  | UNITED KINGDOM            
|                                                                                        | 
|MS GL SM Cap Val                                                                        |  | FRANCE                    
|                                                                                        | 
|Münchener und Magdeburger Agrarversicherung AG                                          |  | GERMANY                   
|                                                                                        | 
|Münsterländische Bank Thie & Co. KG.                                                    |  | GERMANY                   







---

Exhibit 8.1 Fiscal year 2006



|                                                   |  |                 
|-------------------------------------------------- |  | ----------------
|                                                   | 
|National Surety Corporation                        |  | UNITED STATES   
|                                                   | 
|Nederland Hypotheekservice B.V.                    |  | NETHERLANDS     
|                                                   | 
|NEM Insurance Ireland                              |  | IRELAND         
|                                                   | 
|Nemian Life & Pensions S.A.                        |  | NETHERLANDS     
|                                                   | 
|Neunte SIB Beteiligungs-Aktiengesellschaft         |  | GERMANY         
|                                                   | 
|Neunzehnte FraMü Beteiligungs GmbH                 |  | GERMANY         
|                                                   | 
|NFJ Investment Group L.P.                          |  | UNITED STATES   
|                                                   | 
|NFJ Management Inc.                                |  | UNITED STATES   
|                                                   | 
|Nicholas Applegate Capital Management Limited      |  | UNITED KINGDOM  
|                                                   | 
|Nicholas Applegate Capital Management LLC          |  | UNITED STATES   
|                                                   | 
|Nicholas Applegate Holdings LLC                    |  | UNITED STATES   
|                                                   | 
|Nicholas Applegate Securities International        |  | UNITED STATES   
|                                                   | 
|Nicholas Applegate Securities LLC                  |  | UNITED STATES   
|                                                   | 
|Noman LTD.                                         |  | UNITED KINGDOM  
|                                                   | 
|Norman Nominees Ltd                                |  | UNITED KINGDOM  
|                                                   | 
|North American London Underwriters, Ltd.           |  | BERMUDA         
|                                                   | 
|Objekt Burchardplatz GmbH & Co. KG                 |  | GERMANY         
|                                                   | 
|OCICA                                              |  | COTE DIVOIRE   
|                                                   | 
|Octagon Ltd.                                       |  | CAYMAN ISLANDS  
|                                                   | 
|Oddo Europe Mid Cap                                |  | FRANCE          
|                                                   | 
|Oddo Gestion Audac                                 |  | FRANCE          
|                                                   | 
|Oddo Gestion Equilibre                             |  | FRANCE          
|                                                   | 
|Oddo Gestion Prudente                              |  | FRANCE          
|                                                   | 
|Oddo Proactif Europe                               |  | FRANCE          
|                                                   | 
|Oddo Quattro                                       |  | FRANCE          
|                                                   | 
|Oddo Quattro 2                                     |  | FRANCE          
|                                                   | 
|OLB-Beteiligungsgesellschaft mbH                   |  | GERMANY         
|                                                   | 
|OLB-Immobiliendienst-GmbH                          |  | GERMANY         
|                                                   | 
|OLB-Versicherungsdienst GmbH                       |  | GERMANY         
|                                                   | 
|Oldenburgische Landesbank Aktiengesellschaft       |  | GERMANY         
|                                                   | 
|Omega Thai Investment Holding                      |  | NETHERLANDS     
|                                                   | 
|OpCap Advisors LLC                                 |  | UNITED STATES   
|                                                   | 
|Opernring-Hof Bau- und Betriebs-Aktiengesellschaft |  | AUSTRIA         
|                                                   | 
|Oppenheimer Capital LLC                            |  | UNITED STATES   
|                                                   | 
|Oppenheimer Group, Inc.                            |  | UNITED STATES   
|                                                   | 
|Orbis Tax Services Ltd                             |  | UNITED KINGDOM  
|                                                   | 
|Orchestra Funding No.1, Ltd.                       |  | UNITED KINGDOM  
|                                                   | 
|Organizacion G.o.a. S.A.                           |  | PERU            
|                                                   | 
|OSECA                                              |  | SENEGAL         
|                                                   | 
|Pacific Investment Management Company LLC          |  | UNITED STATES   
|                                                   | 
|Pacific MMI Insurance Ltd.                         |  | PAPUA NEW GUINEA
|                                                   | 
|Parc Continental Ltd                               |  | UNITED KINGDOM  
|                                                   | 
|PEA Capital LLC                                    |  | UNITED STATES   
|                                                   | 
|PEMSE S.A.                                         |  | SPAIN           
|                                                   | 
|Personalized Brokerage Service LLC                 |  | UNITED STATES   
|                                                   | 
|Pet Plan Ltd.                                      |  | UNITED KINGDOM  
|                                                   | 
|Petra Capital II Ltd                               |  | GERMANY         
|                                                   | 
|Phénix Iart                                        |  | SWITZERLAND     
|                                                   | 
|Phénix Immobilier S.N.C.                           |  | FRANCE          
|                                                   | 
|Phénix Kléber                                      |  | FRANCE          
|                                                   | 
|Phénix Long Short I                                |  | FRANCE          
|                                                   | 
|Phenix Sécurité L                                  |  | FRANCE          
|                                                   | 
|Phénix Vie                                         |  | SWITZERLAND     
|                                                   | 
|Pimco Asia Limited                                 |  | HONG KONG       
|                                                   | 
|PIMCO Asia PTE Ltd.                                |  | SINGAPORE       
|                                                   | 
|PIMCO Australia Pty Ltd.                           |  | AUSTRALIA       
|                                                   | 
|Pimco Canada Corp.                                 |  | CANADA          







---

Exhibit 8.1 Fiscal year 2006



|                                                                     |  |               
|-------------------------------------------------------------------- |  | --------------
|                                                                     | 
|Pimco Canada Management Inc.                                         |  | UNITED STATES 
|                                                                     | 
|PIMCO Europe Limited                                                 |  | UNITED KINGDOM
|                                                                     | 
|PIMCO GL INV.-EURIBORPLUS FUND                                       |  | IRELAND       
|                                                                     | 
|PIMCO Global Advisors (Ireland) Limited                              |  | IRELAND       
|                                                                     | 
|PIMCO Global Advisors (Resources) Limited                            |  | CAYMAN ISLANDS
|                                                                     | 
|PIMCO Global Advisors LLC                                            |  | UNITED STATES 
|                                                                     | 
|PIMCO Japan Ltd.                                                     |  | JAPAN         
|                                                                     | 
|PIMCO Luxembourg SA.                                                 |  | LUXEMBOURG    
|                                                                     | 
|Pioneer Investment Irland                                            |  | LUXEMBOURG    
|                                                                     | 
|POLY ASSISTANCE & SERVICES S.A.                                      |  | GREECE        
|                                                                     | 
|ppi Media GmbH                                                       |  | GERMANY       
|                                                                     | 
|PremierLine Direct Limited                                           |  | UNITED KINGDOM
|                                                                     | 
|PREVINDUSTRIAFiduciaria Previdenza Imprenditori S.p.A               |  | ITALY         
|                                                                     | 
|Priamos Limited                                                      |  | UNITED KINGDOM
|                                                                     | 
|Priority Vie                                                         |  | FRANCE        
|                                                                     | 
|Prism Re                                                             |  | BERMUDA       
|                                                                     | 
|Privatinvest Bank AG                                                 |  | AUSTRIA       
|                                                                     | 
|PriZ GmbH Emissionsgesellschaft für Zertifikate                      |  | GERMANY       
|                                                                     | 
|Professional Planners Marketing Group, LLC                           |  | UNITED STATES 
|                                                                     | 
|Promise K 2006                                                       |  | GERMANY       
|                                                                     | 
|Pronto Lloyd s.r.l.                                                  |  | ITALY         
|                                                                     | 
|Property Nominees (Channel Islands) Ltd                              |  | UNITED KINGDOM
|                                                                     | 
|Protexia France S.A.                                                 |  | FRANCE        
|                                                                     | 
|PT Asuransi Allianz Life Indonesia p.l.c.                            |  | INDONESIA     
|                                                                     | 
|PT Asuransi Allianz Utama Indonesia Ltd.                             |  | INDONESIA     
|                                                                     | 
|PTE Allianz Polska S.A.                                              |  | POLAND        
|                                                                     | 
|Puxian Investments S.à r.l                                           |  | LUXEMBOURG    
|                                                                     | 
|Quarré Holding                                                       |  | NETHERLANDS   
|                                                                     | 
|Quarre Nederland BV                                                  |  | NETHERLANDS   
|                                                                     | 
|Questar Agency of Alabama, Inc.                                      |  | UNITED STATES 
|                                                                     | 
|Questar Agency of Massachusetts, Inc.                                |  | UNITED STATES 
|                                                                     | 
|Questar Agency of Ohio, Inc.                                         |  | UNITED STATES 
|                                                                     | 
|Questar Agency of Texas, Inc.                                        |  | UNITED STATES 
|                                                                     | 
|Questar Agency of Wyoming, Inc.                                      |  | UNITED STATES 
|                                                                     | 
|Questar Agency, Inc.                                                 |  | UNITED STATES 
|                                                                     | 
|Questar Asset Management                                             |  | UNITED STATES 
|                                                                     | 
|Quintet Properties Ltd.                                              |  | IRELAND       
|                                                                     | 
|R. B. Nominees Ltd                                                   |  | UNITED KINGDOM
|                                                                     | 
|Radian Inc.                                                          |  | CAYMAN ISLANDS
|                                                                     | 
|RAS ALTERNATIVE INVESTMENTS Società di gestione del risparmio S.p.A. |  | ITALY         
|                                                                     | 
|Ras Alternative Multi-Strategy                                       |  | ITALY         
|                                                                     | 
|RAS ANTARES                                                          |  | ITALY         
|                                                                     | 
|RAS ASSET MANAGEMENT Società di gestione del risparmio S.p.A.        |  | ITALY         
|                                                                     | 
|RAS IMMOBILIARE S.R.L.                                               |  | ITALY         
|                                                                     | 
|RAS International III B.V.                                           |  | NETHERLANDS   
|                                                                     | 
|Ras International N.V.                                               |  | NETHERLANDS   
|                                                                     | 
|Ras Private Bank (Suisse) S.A.                                       |  | SWITZERLAND   
|                                                                     | 
|Ras Private Equity Partners 1                                        |  | ITALY         
|                                                                     | 
|Ras Private Equity Partners 2                                        |  | ITALY         
|                                                                     | 
|RAS SERVICE S.c.p.A.                                                 |  | ITALY         
|                                                                     | 
|RAS Tutela Giudiziaria S.p.A.                                        |  | ITALY         
|                                                                     | 
|Rasbank S.p.A.                                                       |  | ITALY         
|                                                                     | 
|Rasfin Società di Intermediazione Mobiliare S.p.A.                   |  | ITALY         
|                                                                     | 
|RB Fiduciaria SpA                                                    |  | ITALY         
|                                                                     | 
|RB Vita S.p.A.                                                       |  | ITALY         







---

Exhibit 8.1 Fiscal year 2006



|                                                              |  |                   
|------------------------------------------------------------- |  | ------------------
|                                                              | 
|RC Verwaltungs- und Beteiligungsgesellschaft mbH              |  | GERMANY           
|                                                              | 
|RCL Securitisation GmbH                                       |  | GERMANY           
|                                                              | 
|RCM (UK) Ltd.                                                 |  | UNITED KINGDOM    
|                                                              | 
|RCM Capital Management LLC                                    |  | UNITED STATES     
|                                                              | 
|RCM Distiributors LLC                                         |  | UNITED STATES     
|                                                              | 
|RCM US Holdings LLC                                           |  | UNITED STATES     
|                                                              | 
|RCS Managers                                                  |  | FRANCE            
|                                                              | 
|RE-AA                                                         |  | COTE DIVOIRE     
|                                                              | 
|Real Faubourg Haussmann SAS                                   |  | FRANCE            
|                                                              | 
|Real FR Haussmann SAS                                         |  | FRANCE            
|                                                              | 
|Receivable Partners Inc.                                      |  | UNITED STATES     
|                                                              | 
|rehacare GmbH                                                 |  | GERMANY           
|                                                              | 
|Reliance Trading Co. (Liverpool) Limited                      |  | UNITED KINGDOM    
|                                                              | 
|Return 10                                                     |  | FRANCE            
|                                                              | 
|Reuschel & Co. Beteiligungs- und Verwaltungs GmbH             |  | GERMANY           
|                                                              | 
|Reuschel & Co. Finanzservice GmbH                             |  | GERMANY           
|                                                              | 
|Reuschel & Co. Kommanditgesellschaft                          |  | GERMANY           
|                                                              | 
|Reuschel & Co. Verwaltungs GmbH                               |  | GERMANY           
|                                                              | 
|RHEA                                                          |  | LUXEMBOURG        
|                                                              | 
|Rhein-Main Metallverarbeitung GmbH                            |  | GERMANY           
|                                                              | 
|Risikomanagement und Softwareentwicklung GmbH                 |  | AUSTRIA           
|                                                              | 
|Risk & Safety Services Limited                                |  | IRELAND           
|                                                              | 
|risklab germany GmbH                                          |  | GERMANY           
|                                                              | 
|Riskon Aktiengesellschaft geschlossenen Typs                  |  | RUSSIAN FEDERATION
|                                                              | 
|Riunione Adriatica di Sicurtà S.p.A.                          |  | ITALY             
|                                                              | 
|Riverbank Leasing 1 Limited                                   |  | UNITED KINGDOM    
|                                                              | 
|Riverbank Leasing 2 Limited                                   |  | UNITED KINGDOM    
|                                                              | 
|Riverbank Leasing 3 Limited                                   |  | UNITED KINGDOM    
|                                                              | 
|Riverbank Trustees, London Ltd                                |  | UNITED KINGDOM    
|                                                              | 
|Robert Benson Lonsdale & Co (Canada) Ltd                      |  | UNITED KINGDOM    
|                                                              | 
|Roese GmbH- Versicherungsmakler                               |  | GERMANY           
|                                                              | 
|Roland Holding GmbH                                           |  | GERMANY           
|                                                              | 
|Roland Print B.V.                                             |  | NETHERLANDS       
|                                                              | 
|Rood Nominees Ltd                                             |  | UNITED KINGDOM    
|                                                              | 
|Rook Finance LLC                                              |  | UNITED STATES     
|                                                              | 
|Roster Financial LLC                                          |  | UNITED STATES     
|                                                              | 
|RVB Verwaltungs- und Beteiligungs GmbH                        |  | GERMANY           
|                                                              | 
|S.C. ASIT REAL ESTATE S.R.L.                                  |  | ROMANIA           
|                                                              | 
|S.I. Rue de LIndustrie 19 S.A.                               |  | SWITZERLAND       
|                                                              | 
|S.I.B.I.                                                      |  | FRANCE            
|                                                              | 
|S.N.C. Haussmann Viager 1                                     |  | FRANCE            
|                                                              | 
|S.N.C. Haussmann Viager 2                                     |  | FRANCE            
|                                                              | 
|Sa Paindavoine                                                |  | FRANCE            
|                                                              | 
|SAFARRIV IARD S.A.                                            |  | COTE DIVOIRE     
|                                                              | 
|SAFARRIV VIE S.A.                                             |  | COTE DIVOIRE     
|                                                              | 
|SAGE SARL                                                     |  | FRANCE            
|                                                              | 
|Saint-Barth Assurances S.A.R.L.                               |  | FRANCE            
|                                                              | 
|San Francisco Reinsurance Company                             |  | UNITED STATES     
|                                                              | 
|Sarl de lEtoile                                              |  | FRANCE            
|                                                              | 
|SAS LAENNEC                                                   |  | FRANCE            
|                                                              | 
|SAS Madeleine Opéra                                           |  | FRANCE            
|                                                              | 
|SAT S.A.                                                      |  | TURKEY            
|                                                              | 
|SCAPI                                                         |  | FRANCE            
|                                                              | 
|Schmalbach-Lubeca PET Centre Technique et de Recherche S.A.S. |  | FRANCE            
|                                                              | 
|Schmalbach-Lubeca Service Center N.V.                         |  | BELGIUM           
|                                                              | 
|SCI Atrium W9                                                 |  | FRANCE            







---

Exhibit 8.1 Fiscal year 2006



|                                                                                       |  |               
|-------------------------------------------------------------------------------------- |  | --------------
|                                                                                       | 
|SCI AVIP La Templerie                                                                  |  | FRANCE        
|                                                                                       | 
|SCI AVIP SCPI Selection                                                                |  | FRANCE        
|                                                                                       | 
|SCI Bercy W9                                                                           |  | FRANCE        
|                                                                                       | 
|SCI Carmidaloc                                                                         |  | FRANCE        
|                                                                                       | 
|SCI De Bonlieu et du Lac                                                               |  | FRANCE        
|                                                                                       | 
|SCI Dicca                                                                              |  | FRANCE        
|                                                                                       | 
|SCI en Presles                                                                         |  | FRANCE        
|                                                                                       | 
|SCI Fonciere du mas de Roman                                                           |  | FRANCE        
|                                                                                       | 
|SCI Jelavie                                                                            |  | FRANCE        
|                                                                                       | 
|SCI mediterranee distribution                                                          |  | FRANCE        
|                                                                                       | 
|SCI PRELLOYD                                                                           |  | FRANCE        
|                                                                                       | 
|SCI Stratus                                                                            |  | FRANCE        
|                                                                                       | 
|SCI Trescol                                                                            |  | FRANCE        
|                                                                                       | 
|Sechste FraMü Beteiligungsgesellschaft mbH                                             |  | GERMANY       
|                                                                                       | 
|Selection Multi-Gerant Emerg                                                           |  | FRANCE        
|                                                                                       | 
|Semaphore                                                                              |  | FRANCE        
|                                                                                       | 
|SF Development FCPR L                                                                  |  | FRANCE        
|                                                                                       | 
|SI 173-175 Boulevard Haussmann SAS                                                     |  | FRANCE        
|                                                                                       | 
|Siac Services Srl                                                                      |  | ITALY         
|                                                                                       | 
|Siebzehnte DRESIB Beteiligungs-Gesellschaft mbH                                        |  | GERMANY       
|                                                                                       | 
|SIFCOM Assurances                                                                      |  | COTE DIVOIRE 
|                                                                                       | 
|Silver Tower 125 Inc.                                                                  |  | CAYMAN ISLANDS
|                                                                                       | 
|Sirius                                                                                 |  | FRANCE        
|                                                                                       | 
|Skylark Ltd                                                                            |  | CAYMAN ISLANDS
|                                                                                       | 
|SMASA, SOCIEDAD MUNDIAL DE ASISTENCIA                                                  |  | SPAIN         
|                                                                                       | 
|SNA Holding (Bermuda) Ltd.                                                             |  | BERMUDA       
|                                                                                       | 
|SNA- Ré Societé Nationale DAssurances et de Reassurances(Bermuda) Ltd.                |  | BERMUDA       
|                                                                                       | 
|SNA Sal                                                                                |  | LEBANON       
|                                                                                       | 
|SNAM S.A.L                                                                             |  | LEBANON       
|                                                                                       | 
|SNC AGF Cash                                                                           |  | FRANCE        
|                                                                                       | 
|SNC AGF Clearing                                                                       |  | FRANCE        
|                                                                                       | 
|SNC Kléber Magdebourg                                                                  |  | FRANCE        
|                                                                                       | 
|SNC LAENNEC RIVE GAUCHE                                                                |  | FRANCE        
|                                                                                       | 
|SNC Maxium                                                                             |  | FRANCE        
|                                                                                       | 
|SOBAC                                                                                  |  | BENIN         
|                                                                                       | 
|SOCIETA AGRICOLA SAN FELICE S.p.A.                                                    |  | ITALY         
|                                                                                       | 
|SOCIETE BELGE DASSISTANCE INTERNATIONALE S.A.                                         |  | BELGIUM       
|                                                                                       | 
|SOCIETE BELGE DE SERVICES TELEPHONIQUES S.B.S.T. S.A.                                |  | BELGIUM       
|                                                                                       | 
|Société Civile Construction Vente 33 Lafayette                                         |  | FRANCE        
|                                                                                       | 
|SOCIETE DE SERVICES COMMUNS SAS                                                        |  | FRANCE        
|                                                                                       | 
|SOCIETE EUROPEENNE DE PROTECT. ET DE SERVICES DASSIST. A DOMICILE S.E.P.S.A.D. S.A. |  | FRANCE        
|                                                                                       | 
|Société Foncière Européenne                                                            |  | FRANCE        
|                                                                                       | 
|Société Foncière Européenne                                                            |  | NETHERLANDS   
|                                                                                       | 
|Société Nationale Foncière S.A.L.                                                      |  | LEBANON       
|                                                                                       | 
|Société Nouvelle DAssurances du Cameroun S.A.                                         |  | CAMEROON      
|                                                                                       | 
|Société Nouvelle DAssurances vie du Cameroun S.A.                                     |  | CAMEROON      
|                                                                                       | 
|Sofiholding S.A.                                                                       |  | BELGIUM       
|                                                                                       | 
|Sonimm                                                                                 |  | FRANCE        
|                                                                                       | 
|Southwark Bridge Investments Ltd                                                       |  | UNITED KINGDOM
|                                                                                       | 
|Space Park Aufbau GmbH                                                                 |  | GERMANY       
|                                                                                       | 
|Space Park Erste Verwaltungs GmbH                                                      |  | GERMANY       
|                                                                                       | 
|Space Park GmbH & Co. KG                                                               |  | GERMANY       
|                                                                                       | 
|SPACECO                                                                                |  | FRANCE        
|                                                                                       | 
|SPHF                                                                                   |  | FRANCE        







---

Exhibit 8.1 Fiscal year 2006



|                                                          |  |                         
|--------------------------------------------------------- |  | ------------------------
|                                                          | 
|Spinnaker Capital Partners LLC                            |  | UNITED KINGDOM          
|                                                          | 
|Spinnaker Capital Partners, LLC                           |  | UNITED KINGDOM          
|                                                          | 
|Standard General Agency, Inc.                             |  | UNITED STATES           
|                                                          | 
|Stanislas H. Haine N.V.                                   |  | BELGIUM                 
|                                                          | 
|ST-Drive Inc.                                             |  | CAYMAN ISLANDS          
|                                                          | 
|Stichting AZ Nederland Beleggersrekening                  |  | NETHERLANDS             
|                                                          | 
|StocksPLUS                                                |  | UNITED STATES           
|                                                          | 
|StocksPLUS Management Inc.                                |  | UNITED STATES           
|                                                          | 
|StocksPLUS Sub-Fund B LLC.                                |  | UNITED STATES           
|                                                          | 
|Subarban Finance Company                                  |  | CAYMAN ISLANDS          
|                                                          | 
|Subarban Finance Company II Limited                       |  | CAYMAN ISLANDS          
|                                                          | 
|Subarbon Finance Company                                  |  | UNITED KINGDOM          
|                                                          | 
|Süddeutsche Industrie-Beteiligungs-Gesellschaft mbH       |  | GERMANY                 
|                                                          | 
|Suffolk Investments Inc                                   |  | UNITED STATES           
|                                                          | 
|Symphony No 1 LLC                                         |  | CAYMAN ISLANDS          
|                                                          | 
|Symphony No 2 LLC                                         |  | UNITED STATES           
|                                                          | 
|Symphony No 3 LLC                                         |  | UNITED STATES           
|                                                          | 
|Symphony No 4 LLC                                         |  | UNITED STATES           
|                                                          | 
|Synergie Select EV                                        |  | FRANCE                  
|                                                          | 
|SYSCOM Instruments S.A.                                   |  | SWITZERLAND             
|                                                          | 
|Takecare Management Ltd.                                  |  | UNITED KINGDOM          
|                                                          | 
|Tanguy Opportunité                                        |  | FRANCE                  
|                                                          | 
|TFI ALLIANZ POLSKA S.A.                                   |  | POLAND                  
|                                                          | 
|TGAF Inc.                                                 |  | CAYMAN ISLANDS          
|                                                          | 
|Thames SPC                                                |  | UNITED KINGDOM          
|                                                          | 
|The Ajax Insurance Association Ltd.                       |  | UNITED KINGDOM          
|                                                          | 
|The American Insurance Company                            |  | UNITED STATES           
|                                                          | 
|The Export Credit Clearing House Limited                  |  | UNITED KINGDOM          
|                                                          | 
|The Gresham Leasing CV                                    |  | UNITED KINGDOM          
|                                                          | 
|The MI Group Limited                                      |  | UNITED KINGDOM          
|                                                          | 
|The MI Property Management Company Limited                |  | UNITED KINGDOM          
|                                                          | 
|The Riverbank Bond Fund                                   |  | UNITED STATES           
|                                                          | 
|The Riverbank Trust                                       |  | UNITED KINGDOM          
|                                                          | 
|Thebes Plc                                                |  | IRELAND                 
|                                                          | 
|Three Pillars Business Solutions Limited                  |  | UNITED KINGDOM          
|                                                          | 
|Thurlastone Finance Limited                               |  | UNITED KINGDOM          
|                                                          | 
|Tindall Riley Marine Limited                              |  | UNITED KINGDOM          
|                                                          | 
|Top Logistikwerkstatt Assistance GmbH                     |  | AUSTRIA                 
|                                                          | 
|Top MVK Datenmanagement GmbH                              |  | AUSTRIA                 
|                                                          | 
|Top Versicherungsservice GmbH                             |  | AUSTRIA                 
|                                                          | 
|Top Versicherungs-Vermittler Service GmbH                 |  | AUSTRIA                 
|                                                          | 
|Towarzystwo Ubezpieczeniowe Euler Hermes S.A.             |  | POLAND                  
|                                                          | 
|Trade Debtor Insurance Services Limited                   |  | UNITED KINGDOM          
|                                                          | 
|TRADE INDEMNITY Collections Ltd.                          |  | UNITED KINGDOM          
|                                                          | 
|Trade Indemnity Credit Corporation Limited                |  | UNITED KINGDOM          
|                                                          | 
|Trade Indemnity Factors Limited                           |  | UNITED KINGDOM          
|                                                          | 
|Trafalgar Insurance Public Limited Company                |  | UNITED KINGDOM          
|                                                          | 
|Traktir                                                   |  | FRANCE                  
|                                                          | 
|Travel Care Inc.                                          |  | UNITED STATES           
|                                                          | 
|Trusteam CB Patrim                                        |  | FRANCE                  
|                                                          | 
|TU Allianz Polska S.A.                                    |  | POLAND                  
|                                                          | 
|TU Allianz Zycie Polska S.A.                              |  | POLAND                  
|                                                          | 
|Union Centrafricaine DAssurances et de Reassurances S.A. |  | CENTRAL AFRICAN REPUBLIC
|                                                          | 
|UNION DACHFONDS BALANCE                                   |  | GERMANY                 
|                                                          | 
|UNION DACHFONDS CHANCE                                    |  | GERMANY                 
|                                                          | 
|UNION DACHFONDS WACHSTUM                                  |  | GERMANY                 
|                                                          | 
|Universal Leven N.V.                                      |  | NETHERLANDS             







---

Exhibit 8.1 Fiscal year 2006



|                                                             |  |                     
|------------------------------------------------------------ |  | --------------------
|                                                             | 
|Unterstützungseinrichtung des Bankhauses Reuschel & Co. GmbH |  | GERMANY             
|                                                             | 
|USAllianz Insurance & Securities Agency, Inc.                |  | UNITED STATES       
|                                                             | 
|USAllianz Insurance & Securities Agency, Inc.                |  | UNITED STATES       
|                                                             | 
|USAllianz Insurance & Securities Agency, Inc.                |  | UNITED STATES       
|                                                             | 
|USAllianz Insurance & Securities Agency, Inc.                |  | UNITED STATES       
|                                                             | 
|USAllianz Insurance & Securities Agency, Inc.                |  | UNITED STATES       
|                                                             | 
|USAllianz Insurance & Securities Agency, Inc.                |  | UNITED STATES       
|                                                             | 
|USAllianz Insurance & Securities Agency, Inc.                |  | UNITED STATES       
|                                                             | 
|USAllianz Insurance & Securities Agency, Inc.                |  | UNITED STATES       
|                                                             | 
|USAllianz Insurance & Securities Agency, Inc.                |  | UNITED STATES       
|                                                             | 
|USAllianz Insurance & Securities Agency, Inc.                |  | UNITED STATES       
|                                                             | 
|USAllianz Insurance Agency, Inc.                             |  | UNITED STATES       
|                                                             | 
|USAllianz Insurance Agency, Inc.                             |  | UNITED STATES       
|                                                             | 
|USAllianz Investor Services, LLC                             |  | UNITED STATES       
|                                                             | 
|Valeurs Internet Place                                       |  | FRANCE              
|                                                             | 
|Veer Palthe Voûte (Antilles) NV                              |  | NETHERLANDS ANTILLES
|                                                             | 
|Veer Palthe Voûte NV                                         |  | NETHERLANDS         
|                                                             | 
|Vendome Lease SA                                             |  | UNITED KINGDOM      
|                                                             | 
|Vereinte Spezial Krankenversicherung AG                      |  | GERMANY             
|                                                             | 
|Vereinte Spezial Versicherung AG                             |  | GERMANY             
|                                                             | 
|Verlag Arbeit und Alter GmbH                                 |  | GERMANY             
|                                                             | 
|Vernon                                                       |  | FRANCE              
|                                                             | 
|VertBois S.à.r.l.                                            |  | LUXEMBOURG          
|                                                             | 
|Via Pierre 1                                                 |  | FRANCE              
|                                                             | 
|Villa La Pagliaia S.r.l.                                     |  | ITALY               
|                                                             | 
|Vintage Insurance Company                                    |  | UNITED STATES       
|                                                             | 
|Viso Limited                                                 |  | CAYMAN ISLANDS      
|                                                             | 
|Votra S.A.                                                   |  | SWITZERLAND         
|                                                             | 
|W Finance                                                    |  | FRANCE              
|                                                             | 
|W Finance Assurances                                         |  | FRANCE              
|                                                             | 
|W9 Bercy SARL                                                |  | FRANCE              
|                                                             | 
|Wall Street Technology Managers LP                           |  | UNITED STATES       
|                                                             | 
|Wasserstein Perella & Co. Deutschland GmbH                   |  | GERMANY             
|                                                             | 
|Wasserstein Perella & Co. Japan Ltd.                         |  | JAPAN               
|                                                             | 
|Wasserstein Perella & Co. Pacific, Ltd.                      |  | UNITED STATES       
|                                                             | 
|Wasserstein Perella & Co., Limited                           |  | UNITED KINGDOM      
|                                                             | 
|Wasserstein Perella (France) SA                              |  | FRANCE              
|                                                             | 
|WATTINVEST C                                                 |  | FRANCE              
|                                                             | 
|WebTek Software Private Limited                              |  | INDIA               
|                                                             | 
|Wessex Holdings Inc                                          |  | UNITED STATES       
|                                                             | 
|West Manor Way LLC                                           |  | UNITED STATES       
|                                                             | 
|West Nominees Limited                                        |  | UNITED KINGDOM      
|                                                             | 
|Westbourne Properties Ltd                                    |  | UNITED KINGDOM      
|                                                             | 
|WF Administration                                            |  | FRANCE              
|                                                             | 
|Wilhelm Reuschel GmbH                                        |  | GERMANY             
|                                                             | 
|Willemsbruggen                                               |  | NETHERLANDS         
|                                                             | 
|Windpark Freyenstein GmbH & Co KG                            |  | GERMANY             
|                                                             | 
|WKN Windkraft Nord GmbH & Co. Windpark Halenbeck KG          |  | GERMANY             
|                                                             | 
|WKN Windkraft Nord GmbH & Co. Windpark Kittlitz KG           |  | GERMANY             
|                                                             | 
|Wm. H McGee & Co. (Bermuda) Ltd.                             |  | UNITED STATES       
|                                                             | 
|Wm. H McGee & Co. of Puerto Rico Inc.                        |  | PUERTO RICO         
|                                                             | 
|Wm. H McGee & Co., Inc.                                      |  | UNITED STATES       
|                                                             | 
|World Access ASIA (PTE) Ltd.                                 |  | SINGAPORE           
|                                                             | 
|World Access Canada Inc.                                     |  | CANADA              
|                                                             | 
|World Access Europe LTD.                                     |  | UNITED KINGDOM      
|                                                             | 
|World Access Healthcare Services Inc.                        |  | UNITED STATES       







---

Exhibit 8.1 Fiscal year 2006



|                                            |  |               
|------------------------------------------- |  | --------------
|                                            | 
|World Access Service Corp.                  |  | UNITED STATES 
|                                            | 
|World Access, Inc.                          |  | UNITED STATES 
|                                            | 
|WP Bridge Finance Inc.                      |  | UNITED STATES 
|                                            | 
|WP Plan Management Partners, Inc.           |  | UNITED STATES 
|                                            | 
|WP Services Inc.                            |  | UNITED STATES 
|                                            | 
|YAO Investment S.a.r.l.                     |  | LUXEMBOURG    
|                                            | 
|Yarra Finance Limited                       |  | UNITED KINGDOM
|                                            | 
|Yolus Ltd                                   |  | UNITED KINGDOM
|                                            | 
|Yorktown Financial Companies, Inc.          |  | UNITED STATES 
|                                            | 
|Yorktown Financial Services, Inc.           |  | UNITED STATES 
|                                            | 
|Zehnte SIB Beteiligungs-Aktiengesellschaft  |  | GERMANY       
|                                            | 
|Zenon Beteiligungs-GmbH                     |  | GERMANY       
|                                            | 
|Zwanzigste FraMü Beteiligungs GmbH          |  | GERMANY       
|                                            | 
|Zwölfte SIB Beteiligungs-Aktiengesellschaft |  | GERMANY