Exhibit 8.1 Fiscal year 2007



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

|                                                             |  |              
|------------------------------------------------------------ |  | -------------
|                                                             | 
|4274563 Canada Inc., Toronto                                 |  | CANADA       
|                                                             | 
|75 WALL STREET ADVISERS, Delaware                            |  | UNITED STATES
|                                                             | 
|A. Diffusion, Paris La Défense                               |  | FRANCE       
|                                                             | 
|A.D.I.C., Colombia                                           |  | COLOMBIA     
|                                                             | 
|AAAM S.A., Paris                                             |  | FRANCE       
|                                                             | 
|AB Servicios Selecta Espana S.L., Madrid                     |  | SPAIN        
|                                                             | 
|ACMAR, Casablanca                                            |  | MOROCCO      
|                                                             | 
|ACM-Compagnie Mercur Aktiengesellschaft, Bremen              |  | GERMANY      
|                                                             | 
|ACP GmbH & Co. Beteiligungen KG II, München                  |  | GERMANY      
|                                                             | 
|ACP GmbH & Co. Beteiligungen KG, München                     |  | GERMANY      
|                                                             | 
|ACP Vermögensverwaltung GmbH & Co. KG Nr. 1, München         |  | GERMANY      
|                                                             | 
|ACP Vermögensverwaltung GmbH & Co. KG Nr. 4, München         |  | GERMANY      
|                                                             | 
|ACP Vermögensverwaltung GmbH & Co. KG Nr. 4a, München        |  | GERMANY      
|                                                             | 
|ACP Vermögensverwaltung GmbH & Co. KG Nr. 4b, München        |  | GERMANY      
|                                                             | 
|ACP Vermögensverwaltung GmbH & Co. KG Nr. 4c, München        |  | GERMANY      
|                                                             | 
|ACP Vermögensverwaltung GmbH & Co. KG Nr. 4d, München        |  | GERMANY      
|                                                             | 
|ACP Vermögensverwaltung GmbH & Co. KG Nr. 4e, München        |  | GERMANY      
|                                                             | 
|Acropole Monde A                                             |  | FRANCE       
|                                                             | 
|Actio France                                                 |  | FRANCE       
|                                                             | 
|ACTIP 3                                                      |  | FRANCE       
|                                                             | 
|ACTIP 5                                                      |  | FRANCE       
|                                                             | 
|ADEUS Aktienregister-Service-GmbH, Frankfurt am Main         |  | GERMANY      
|                                                             | 
|Advisa Zürich AG, Zürich                                     |  | SWITZERLAND  
|                                                             | 
|Advisors IG, LLC, Hollywood, FL                              |  | UNITED STATES
|                                                             | 
|Aequitas GmbH Allianz EquityAlternative Strategies, München |  | GERMANY      
|                                                             | 
|Aero-Fonte S.r.l, Catania                                    |  | ITALY        
|                                                             | 
|AFA, Paris                                                   |  | FRANCE       
|                                                             | 
|AFC Assecuranz- und Finanzvermittlungs-Contor GmbH, Münster  |  | GERMANY      
|                                                             | 
|AGF 2X, Paris                                                |  | 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, Paris                                   |  | FRANCE       
|                                                             | 
|AGF AFRIQUE S.A., Paris                                      |  | COTE DIVOIRE
|                                                             | 
|AGF Air France IFC                                           |  | FRANCE       
|                                                             | 
|AGF Allianz South America Ltda., Sao Paulo                   |  | 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                                         |  | SINGAPORE    
|                                                             | 
|AGF Asset Management S.A., Paris                             |  | FRANCE       
|                                                             | 
|AGF Assurfinance, Paris                                      |  | FRANCE       
|                                                             | 
|AGF Balanced                                                 |  | BELGIUM      
|                                                             | 
|AGF Benelux S.A., Luxembourg                                 |  | LUXEMBOURG   
|                                                             | 
|AGF Benin Health Assurances, Cotonou                         |  | BENIN        
|                                                             | 
|AGF Biplus                                                   |  | FRANCE       
|                                                             | 
|AGF BIPLUS 2 L                                               |  | FRANCE       
|                                                             | 
|AGF Boïeldieu, Paris                                         |  | FRANCE       



---

Exhibit 8.1 Fiscal year 2007



|                                             |  |                         
|-------------------------------------------- |  | ------------------------
|                                             | 
|AGF Brasil Seguros S.A., Sao Paulo           |  | BRAZIL                  
|                                             | 
|AGF Burkina Health Assurances, Ouagadougou   |  | BURKINA FASO            
|                                             | 
|AGF Cameroun Health Assurances, Douala       |  | CAMEROON                
|                                             | 
|AGF CAP FRANCE D                             |  | FRANCE                  
|                                             | 
|AGF Capital Investissement                   |  | FRANCE                  
|                                             | 
|AGF Capital Investissement 2                 |  | FRANCE                  
|                                             | 
|AGF Centrafrique S.A., Bangui                |  | CENTRAL AFRICAN REPUBLIC
|                                             | 
|AGF Côte dIvoire Health Assurances, Abidjan |  | COTE DIVOIRE           
|                                             | 
|AGF CREATIONS1                               |  | FRANCE                  
|                                             | 
|AGF CREATIONS2                               |  | FRANCE                  
|                                             | 
|AGF Croissance Europe                        |  | FRANCE                  
|                                             | 
|AGF Destinations 201                         |  | FRANCE                  
|                                             | 
|AGF do Brasil Ltda., Sao Paulo               |  | BRAZIL                  
|                                             | 
|AGF Dynamic                                  |  | BELGIUM                 
|                                             | 
|AGF Dynamisme                                |  | FRANCE                  
|                                             | 
|AGF EFFICIO                                  |  | FRANCE                  
|                                             | 
|AGF Efficio Confort                          |  | FRANCE                  
|                                             | 
|AGF EFFICIO PLUS                             |  | FRANCE                  
|                                             | 
|AGF Emprunts dEtat                          |  | FRANCE                  
|                                             | 
|AGF Energie                                  |  | FRANCE                  
|                                             | 
|AGF Epargne Action                           |  | FRANCE                  
|                                             | 
|AGF Equilibre                                |  | FRANCE                  
|                                             | 
|AGF Eureco                                   |  | FRANCE                  
|                                             | 
|AGF Euribor Plus                             |  | FRANCE                  
|                                             | 
|AGF Euro Actions C et D                      |  | FRANCE                  
|                                             | 
|AGF Euro Gagnant                             |  | FRANCE                  
|                                             | 
|AGF Euro Inflation L                         |  | FRANCE                  
|                                             | 
|AGF Euro Oblig Plus                          |  | FRANCE                  
|                                             | 
|AGF Euro Obligisr                            |  | FRANCE                  
|                                             | 
|AGF Euro Tactique                            |  | FRANCE                  
|                                             | 
|AGF Euroland                                 |  | FRANCE                  
|                                             | 
|AGF Europe Convertible                       |  | FRANCE                  
|                                             | 
|AGF Europe Obligations                       |  | FRANCE                  
|                                             | 
|AGF FIF Inst. Multimercado FI                |  | BRAZIL                  
|                                             | 
|AGF FIF Inst. Plus FI                        |  | BRAZIL                  
|                                             | 
|AGF Foncier                                  |  | FRANCE                  
|                                             | 
|AGF Forex Quant                              |  | FRANCE                  
|                                             | 
|AGF Graduello                                |  | FRANCE                  
|                                             | 
|AGF Haut Rendement                           |  | FRANCE                  
|                                             | 
|AGF Holding, Paris                           |  | FRANCE                  
|                                             | 
|AGF Holdings (UK) Limited, Guildford         |  | 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                  
|                                             | 
|AGF Horizon LG Terme                         |  | FRANCE                  
|                                             | 
|AGF HOSPITAL EURO L                          |  | FRANCE                  
|                                             | 
|AGF Hospitalier International L              |  | FRANCE                  
|                                             | 
|AGF Hospitaliers Monde                       |  | FRANCE                  
|                                             | 
|AGF Immobilier S.N.C., Paris                 |  | FRANCE                  
|                                             | 
|AGF Imo Actions                              |  | FRANCE                  
|                                             | 
|AGF Indice Euroland                          |  | FRANCE                  



---

Exhibit 8.1 Fiscal year 2007



|                                               |  |               
|---------------------------------------------- |  | --------------
|AGF Indices USA                                |  | FRANCE        
|                                               | 
|AGF Informatique G.I.E., Paris la Défense      |  | FRANCE        
|                                               | 
|AGF Insurance Limited, Guildford               |  | UNITED KINGDOM
|                                               | 
|AGF Inter Oblig                                |  | FRANCE        
|                                               | 
|AGF Interfonds                                 |  | FRANCE        
|                                               | 
|AGF International, Paris                       |  | FRANCE        
|                                               | 
|AGF Inversiones, S.A., Buenos Aires            |  | ARGENTINA     
|                                               | 
|AGF INVEST                                     |  | FRANCE        
|                                               | 
|AGF Invest Euro L                              |  | FRANCE        
|                                               | 
|AGF Japon                                      |  | FRANCE        
|                                               | 
|AGF Long Terme                                 |  | FRANCE        
|                                               | 
|AGF Madagascar Health Assurances, Antananarivo |  | MADAGASCAR    
|                                               | 
|AGF MADAGASCAR S.A., Antananarivo              |  | MADAGASCAR    
|                                               | 
|AGF Madagascar Vie, Antananarivo               |  | MADAGASCAR    
|                                               | 
|AGF Mali Health Assurances, Bamako             |  | 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 Oblig Européennes                          |  | 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 Pension Trustees, Guildford                |  | UNITED KINGDOM
|                                               | 
|AGF Private Banking S.A., Paris                |  | FRANCE        
|                                               | 
|AGF Private Equity FCPR                        |  | FRANCE        
|                                               | 
|AGF Private Equity S.A., Paris                 |  | FRANCE        
|                                               | 
|AGF Prudence                                   |  | FRANCE        
|                                               | 
|AGF RAS Holding BV, Amsterdam                  |  | NETHERLANDS   
|                                               | 
|AGF RENDEMENT LT R                             |  | FRANCE        
|                                               | 
|AGF RENDEMENT REEL L                           |  | FRANCE        
|                                               | 
|AGF Richelieu, Paris                           |  | FRANCE        
|                                               | 
|AGF Saint Marc CL                              |  | FRANCE        
|                                               | 
|AGF Saude S.A., Sao Paulo                      |  | BRAZIL        
|                                               | 
|AGF Scalinvest                                 |  | FRANCE        
|                                               | 
|AGF Secteur Immobilier                         |  | FRANCE        
|                                               | 
|AGF Senegal Vie S.A., Dakar                    |  | SENEGAL       
|                                               | 
|AGF Senegal Health Assurances, Dakar           |  | SENEGAL       
|                                               | 
|AGF Senegal IARD S.A., Dakar                   |  | SENEGAL       
|                                               | 
|AGF Serenite                                   |  | FRANCE        
|                                               | 
|AGF Tactique Alpha I                           |  | FRANCE        
|                                               | 
|AGF Togo Health Assurances, Lome               |  | 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        
|                                               | 
|AGF Voltissimo                                 |  | FRANCE        
|                                               | 
|AGFimo                                         |  | FRANCE        
|                                               | 
|AGI Investment AG, Frankfurt a.M.              |  | GERMANY       
|                                               | 
|Agora Courtage, Boulogne                       |  | FRANCE        
|                                               | 
|AGT, Lome                                      |  | TOGO          





---

Exhibit 8.1 Fiscal year 2007



|                                                                     |  |                           
|-------------------------------------------------------------------- |  | --------------------------
|AHFP Capital SARL, Geneva                                            |  | SWITZERLAND               
|                                                                     | 
|Ajax Insurance Holdings Limited, Guildford                           |  | UNITED KINGDOM            
|                                                                     | 
|Aktive Rück ARV Allianz Suisse                                       |  | SWITZERLAND               
|                                                                     | 
|Alba Allgemeine Versicherungs-Gesellschaft, Basel                    |  | SWITZERLAND               
|                                                                     | 
|Alchemy Capital PLC, Dublin                                          |  | IRELAND                   
|                                                                     | 
|Aleppa Funding I Llc, Delaware                                       |  | UNITED STATES             
|                                                                     | 
|Aleppa Funding II Llc, Delaware                                      |  | UNITED STATES             
|                                                                     | 
|Alexandria Capital PLC, Dublin                                       |  | IRELAND                   
|                                                                     | 
|Alfa Trade Corporation spol s.r.o., Prag                             |  | CZECH REPUBLIC            
|                                                                     | 
|Alida Grundstücksgesellschaft mbH & Co. KG, Hamburg                  |  | GERMANY                   
|                                                                     | 
|Alida Grundstücksverwaltung GmbH, Hamburg                            |  | GERMANY                   
|                                                                     | 
|All Net GmbH, Stuttgart                                              |  | GERMANY                   
|                                                                     | 
|Allianz Australian Claims Services Limited, Sydney                   |  | AUSTRALIA                 
|                                                                     | 
|Allianz (UK) Limited, Guildford                                      |  | UNITED KINGDOM            
|                                                                     | 
|Allianz AADB Fonds                                                   |  | GERMANY                   
|                                                                     | 
|Allianz ABS Fonds                                                    |  | GERMANY                   
|                                                                     | 
|Allianz AKR Fonds                                                    |  | GERMANY                   
|                                                                     | 
|Allianz Alp Sp. z oo, Warschau                                       |  | POLAND                    
|                                                                     | 
|Allianz Alternative Asset Management U.S. L.P., New York             |  | UNITED STATES             
|                                                                     | 
|Allianz Alternative Asset Management US Holding Inc., New York       |  | UNITED STATES             
|                                                                     | 
|Allianz Alternative Assets Holding GmbH, München                     |  | GERMANY                   
|                                                                     | 
|Allianz America Latina S.C. Ltda., Rio de Janeiro                    |  | BRAZIL                    
|                                                                     | 
|Allianz Argentina Compania de Seguros Generales S.A., Buenos Aires   |  | ARGENTINA                 
|                                                                     | 
|Allianz Asset Management, správcovská spol,a.s., Bratislava          |  | SLOVAKIA (Slovak Republic)
|                                                                     | 
|Allianz Asset Management, Zürich                                     |  | SWITZERLAND               
|                                                                     | 
|Allianz Australia Workers Compensation (Victoria) Limited, Melbourne |  | AUSTRALIA                 
|                                                                     | 
|Allianz Australia Advantage Ltd., Sydney                             |  | AUSTRALIA                 
|                                                                     | 
|Allianz Australia Employee Share Plan Pty Ltd., Sydney               |  | AUSTRALIA                 
|                                                                     | 
|Allianz Australia Insurance Limited, Sydney                          |  | AUSTRALIA                 
|                                                                     | 
|Allianz Australia Limited, Sydney                                    |  | AUSTRALIA                 
|                                                                     | 
|Allianz Australia Services (No. 2) Pty Ltd, Sydney                   |  | AUSTRALIA                 
|                                                                     | 
|Allianz Australia Services Pty Limited, Sydney                       |  | AUSTRALIA                 
|                                                                     | 
|Allianz Australia Workers Compensation (NSW) Limited, Sydney         |  | AUSTRALIA                 
|                                                                     | 
|Allianz Australia Workers Compensation (SA) Limited, Adelaide        |  | AUSTRALIA                 
|                                                                     | 
|Allianz Autowelt GmbH, München                                       |  | GERMANY                   
|                                                                     | 
|Allianz Aviation Agency, Burbank                                     |  | UNITED STATES             
|                                                                     | 
|Allianz AVM Fonds                                                    |  | GERMANY                   
|                                                                     | 
|Allianz AVR-Fonds                                                    |  | GERMANY                   
|                                                                     | 
|Allianz AZL Vermögensverwaltung GmbH & Co. KG, München               |  | GERMANY                   
|                                                                     | 
|Allianz BADB Fonds                                                   |  | GERMANY                   
|                                                                     | 
|Allianz Bank Financial Advisors S.p.A., Mailand                      |  | ITALY                     
|                                                                     | 
|Allianz Bank Zrt., Budapest                                          |  | HUNGARY                   
|                                                                     | 
|Allianz Belgium Insurance S.A., Brüssel                              |  | BELGIUM                   
|                                                                     | 
|Allianz Beratungs- und Vertriebs-AG, München                         |  | GERMANY                   
|                                                                     | 
|Allianz Beteiligungs Management GmbH, München                        |  | GERMANY                   
|                                                                     | 
|Allianz Biznes Sp. z o.o., Warschau                                  |  | POLAND                    
|                                                                     | 
|Allianz Bulgaria Holding Company Ltd., Sofia                         |  | BULGARIA                  
|                                                                     | 
|Allianz Bulgaria Insurance and Reinsurance Company Ltd., Sofia       |  | BULGARIA                  
|                                                                     | 
|Allianz Bulgaria Life Insurance Company Ltd., Sofia                  |  | BULGARIA                  
|                                                                     | 
|Allianz Bulgaria Pension Assurance Company Ltd., Sofia               |  | BULGARIA                  
|                                                                     | 
|Allianz business services, s.r.o., Bratislava                        |  | SLOVAKIA (Slovak Republic)
|                                                                     | 
|Allianz Capital Partners GmbH, München                               |  | GERMANY                   
|                                                                     | 
|Allianz Capital Partners Verwaltungs GmbH, München                   |  | GERMANY                   
|                                                                     | 
|Allianz Cash Pool II, LLC                                            |  | UNITED STATES             
|                                                                     | 
|Allianz Cash Pool LLC, Delaware                                      |  | UNITED STATES             
|                                                                     | 
|Allianz CenterManagement GmbH, Stuttgart                             |  | GERMANY                   
|                                                                     | 
|Allianz China Life Insurance Co. Ltd., Shanghai                      |  | CHINA                     
|                                                                     | 
|Allianz Climate Solutions GmbH, München                              |  | GERMANY                   



---

Exhibit 8.1 Fiscal year 2007



|                                                                                      |  |               
|------------------------------------------------------------------------------------- |  | --------------
|Allianz Compagnia Italiana Finanziamenti 2 S.p.A., Mailand                            |  | ITALY         
|                                                                                      | 
|Allianz Compagnia Italiana Finanziamenti S.p.A., Mailand                              |  | ITALY         
|                                                                                      | 
|Allianz CompanÍa de Seguros y Reaseguros S.A., Madrid                                 |  | SPAIN         
|                                                                                      | 
|Allianz Cornhill Information Services Private Ltd., Trivandrum                        |  | INDIA         
|                                                                                      | 
|Allianz Corporate Ireland Insurance p.l.c., Dublin                                    |  | IRELAND       
|                                                                                      | 
|Allianz Croiss II                                                                     |  | FRANCE        
|                                                                                      | 
|Allianz Croiss III                                                                    |  | FRANCE        
|                                                                                      | 
|Allianz Croissance                                                                    |  | FRANCE        
|                                                                                      | 
|Allianz Deutschland AG, München                                                       |  | GERMANY       
|                                                                                      | 
|Allianz Direct New Europe Sp. z o.o., Warsaw                                          |  | POLAND        
|                                                                                      | 
|Allianz Direct, s.r.o., Prague                                                        |  | CZECH REPUBLIC
|                                                                                      | 
|Allianz dit Strategiefonds Balance                                                    |  | GERMANY       
|                                                                                      | 
|Allianz dit Strategiefonds Stabilität                                                 |  | GERMANY       
|                                                                                      | 
|Allianz dit Strategiefonds Wachstum                                                   |  | GERMANY       
|                                                                                      | 
|Allianz dit Strategiefonds Wachstum Plus                                              |  | GERMANY       
|                                                                                      | 
|Allianz Dresdner Asset Management Hellas S.A., Athen                                  |  | GREECE        
|                                                                                      | 
|Allianz Dresdner Bauspar AG, Bad Vilbel                                               |  | GERMANY       
|                                                                                      | 
|Allianz Dresdner Mutual Funds Management Hellas S.A., Athen                           |  | GREECE        
|                                                                                      | 
|Allianz EDUKACJA S.A., Bialobrzegi                                                    |  | POLAND        
|                                                                                      | 
|Allianz Egypt Insurance Company S.A.E., Cairo                                         |  | EGYPT         
|                                                                                      | 
|Allianz Egypt Life Company S.A.E., Cairo                                              |  | EGYPT         
|                                                                                      | 
|Allianz Elementar Lebensversicherungs-Aktiengesellschaft, Wien                        |  | AUSTRIA       
|                                                                                      | 
|Allianz Elementar Versicherungs-Aktiengesellschaft, Wien                              |  | AUSTRIA       
|                                                                                      | 
|Allianz Engineering Services Limited, Guildford                                       |  | UNITED KINGDOM
|                                                                                      | 
|Allianz Equity Investments Ltd., Guildford                                            |  | UNITED KINGDOM
|                                                                                      | 
|ALLIANZ EUR.PENS.INV.-BALANCED                                                        |  | LUXEMBOURG    
|                                                                                      | 
|ALLIANZ EUR.PENS.INV.-DYNAMIC                                                         |  | LUXEMBOURG    
|                                                                                      | 
|Allianz Europe B.V., Amsterdam                                                        |  | NETHERLANDS   
|                                                                                      | 
|Allianz Europe Ltd., Amsterdam                                                        |  | NETHERLANDS   
|                                                                                      | 
|Allianz FADB Fonds                                                                    |  | GERMANY       
|                                                                                      | 
|Allianz Finance B.V., Amsterdam                                                       |  | NETHERLANDS   
|                                                                                      | 
|Allianz Finance Corporation, Westport                                                 |  | UNITED STATES 
|                                                                                      | 
|Allianz Finance II B.V., Amsterdam                                                    |  | NETHERLANDS   
|                                                                                      | 
|Allianz Finance II Luxembourg S.A., Luxembourg                                        |  | LUXEMBOURG    
|                                                                                      | 
|Allianz Finance III B.V., Amsterdam                                                   |  | NETHERLANDS   
|                                                                                      | 
|Allianz Finance III Luxembourg S.A., Luxembourg                                       |  | LUXEMBOURG    
|                                                                                      | 
|Allianz Finance Management P/L, Sydney                                                |  | AUSTRALIA     
|                                                                                      | 
|Allianz Financial Services S.A., Athen                                                |  | GREECE        
|                                                                                      | 
|Allianz Finanzbeteiligungs GmbH, München                                              |  | GERMANY       
|                                                                                      | 
|Allianz Fire and Marine Insurance Japan Ltd., Tokyo                                   |  | JAPAN         
|                                                                                      | 
|Allianz Fonds APKE                                                                    |  | GERMANY       
|                                                                                      | 
|Allianz General Insurance Malaysia Berhad p.l.c., Kuala Lumpur                        |  | MALAYSIA      
|                                                                                      | 
|Allianz Gestion Sociedad Gestora de Instituciones de Inversion Colectiva S.A., Madrid |  | SPAIN         
|                                                                                      | 
|Allianz GI Real Estate Australia Ltd., Sydney                                         |  | AUSTRALIA     
|                                                                                      | 
|Allianz GLA Fonds                                                                     |  | GERMANY       
|                                                                                      | 
|Allianz Global Corporate & Specialty AG, München                                      |  | GERMANY       
|                                                                                      | 
|Allianz Global Corporate & Specialty France, Paris                                    |  | FRANCE        
|                                                                                      | 
|Allianz Global Investors (Schweiz) AG, Zürich                                         |  | SWITZERLAND   
|                                                                                      | 
|Allianz Global Investors (UK) Ltd, London                                             |  | UNITED KINGDOM
|                                                                                      | 
|Allianz Global Investors Advisory GmbH, Frankfurt am Main                             |  | GERMANY       
|                                                                                      | 
|Allianz Global Investors AG, München                                                  |  | GERMANY       
|                                                                                      | 
|Allianz Global Investors Asia Pacific GmbH, München                                   |  | GERMANY       
|                                                                                      | 
|Allianz Global Investors Australia Ltd., Sydney                                       |  | AUSTRALIA     
|                                                                                      | 
|Allianz Global Investors Deutschland GmbH, München                                    |  | GERMANY       
|                                                                                      | 
|Allianz Global Investors Distributors LLC, Stamford                                   |  | UNITED STATES 
|                                                                                      | 
|Allianz Global Investors Europe GmbH, München                                         |  | GERMANY       
|                                                                                      | 
|Allianz Global Investors Europe Holding GmbH, München                                 |  | GERMANY       
|                                                                                      | 
|Allianz Global Investors Fund Management LLC, Delaware                                |  | UNITED STATES 
|                                                                                      | 
|Allianz Global Investors Hong Kong Ltd., Hong Kong                                    |  | HONG KONG     





---

Exhibit 8.1 Fiscal year 2007



|                                                                             |  |                   
|---------------------------------------------------------------------------- |  | ------------------
|Allianz Global Investors Ireland Ltd., Dublin                                |  | IRELAND           
|                                                                             | 
|Allianz Global Investors Italia S.p.A, Mailand                               |  | ITALY             
|                                                                             | 
|Allianz Global Investors Japan Co. Ltd. , Tokyo                              |  | JAPAN             
|                                                                             | 
|Allianz Global Investors Kapitalanlagegesellschaft mbH, Frankfurt am Main    |  | GERMANY           
|                                                                             | 
|Allianz Global Investors Korea Limited, Seoul                                |  | KOREA, REPUBLIC OF
|                                                                             | 
|Allianz Global Investors Luxembourg S.A., Luxembourg                         |  | LUXEMBOURG        
|                                                                             | 
|Allianz Global Investors New York Holdings LLC, New York                     |  | UNITED STATES     
|                                                                             | 
|Allianz Global Investors Nominees (UK) Ltd, London                           |  | UNITED KINGDOM    
|                                                                             | 
|Allianz Global Investors Nominees Services Limited, George Town/Grand Cayman |  | UNITED KINGDOM    
|                                                                             | 
|Allianz Global Investors of America L.P., Dover/Delaware                     |  | UNITED STATES     
|                                                                             | 
|Allianz Global Investors of America LLC, Newport Beach                       |  | UNITED STATES     
|                                                                             | 
|Allianz Global Investors Produkt Solutions GmbH, München                     |  | GERMANY           
|                                                                             | 
|Allianz Global Investors Securities Investment Consulting Ltd., Taipei       |  | TAIWAN            
|                                                                             | 
|Allianz Global Investors Services (UK) Ltd, London                           |  | UNITED KINGDOM    
|                                                                             | 
|Allianz Global Investors Singapore, Ltd., Singapur                           |  | SINGAPORE         
|                                                                             | 
|Allianz Global Investors Taiwan Ltd., Taipei                                 |  | TAIWAN            
|                                                                             | 
|Allianz Global Investors U.S. Retail LLC, Dover/Delaware                     |  | UNITED STATES     
|                                                                             | 
|Allianz Global Investors US Equities LLC, Delaware                           |  | UNITED STATES     
|                                                                             | 
|Allianz Global Investors US Holding LLC, Delaware                            |  | UNITED STATES     
|                                                                             | 
|Allianz Global Investors US Holdings Inc., Wilmington                        |  | UNITED STATES     
|                                                                             | 
|Allianz Global Investors US Partners GP, Delaware                            |  | UNITED STATES     
|                                                                             | 
|Allianz Global Risks US Insurance Company, Burbank                           |  | UNITED STATES     
|                                                                             | 
|Allianz GLR Fonds                                                            |  | GERMANY           
|                                                                             | 
|Allianz GLRS Fonds                                                           |  | GERMANY           
|                                                                             | 
|Allianz GLU Fonds                                                            |  | GERMANY           
|                                                                             | 
|Allianz GREQ Fonds                                                           |  | GERMANY           
|                                                                             | 
|Allianz GRGB Fonds                                                           |  | GERMANY           
|                                                                             | 
|Allianz Handwerker Services GmbH, München                                    |  | GERMANY           
|                                                                             | 
|Allianz Hedge Fund Partners (Cayman) LLC, George Town                        |  | UNITED STATES     
|                                                                             | 
|Allianz Hedge Fund Partners Inc., Delaware                                   |  | UNITED STATES     
|                                                                             | 
|Allianz Hedge Fund Partners SARL, Geneva                                     |  | UNITED STATES     
|                                                                             | 
|Allianz Hellas Insurance Company S.A., Athen                                 |  | GREECE            
|                                                                             | 
|Allianz Holding eins GmbH, Wien                                              |  | AUSTRIA           
|                                                                             | 
|Allianz Holding France SAS, Paris                                            |  | FRANCE            
|                                                                             | 
|Allianz Holdings plc., Guildford                                             |  | UNITED KINGDOM    
|                                                                             | 
|Allianz Hungária Biztosító Zrt., Budapest                                    |  | HUNGARY           
|                                                                             | 
|Allianz Iberica Services Center, A.I.E., Barcelona                           |  | SPAIN             
|                                                                             | 
|Allianz Immobilien GmbH, Stuttgart                                           |  | GERMANY           
|                                                                             | 
|Allianz Immobilienfonds 1 GmbH & Co. KG, München                             |  | GERMANY           
|                                                                             | 
|Allianz Immobilienfonds GmbH, Stuttgart                                      |  | GERMANY           
|                                                                             | 
|Allianz Income Managment Corp., Minneapolis                                  |  | UNITED STATES     
|                                                                             | 
|Allianz Informatik Beteiligungsgesellschaft mbH, München                     |  | GERMANY           
|                                                                             | 
|Allianz Infrastructure Holdings Limited, London                              |  | UNITED KINGDOM    
|                                                                             | 
|Allianz Insurance (Hong Kong) Ltd., Hong Kong                                |  | CHINA             
|                                                                             | 
|Allianz Insurance Company Lanka Limited, Saram                               |  | SRI LANKA         
|                                                                             | 
|Allianz Insurance Company of Singapore Pte. Ltd., Singapur                   |  | SINGAPORE         
|                                                                             | 
|Allianz Insurance Limited, Johannesburg                                      |  | SOUTH AFRICA      
|                                                                             | 
|Allianz Insurance Management Asia Pacific Pte. Ltd., Singapore               |  | SINGAPORE         
|                                                                             | 
|Allianz Insurance plc., Guildford                                            |  | UNITED KINGDOM    
|                                                                             | 
|Allianz Insurance Services LTD., Athen                                       |  | GREECE            
|                                                                             | 
|Allianz International Ltd., Guildford                                        |  | UNITED KINGDOM    
|                                                                             | 
|ALLIANZ INVERSIONES, SOCIEDAD DE VALORES S.A., Madrid                        |  | SPAIN             
|                                                                             | 
|Allianz Invest 50 LH                                                         |  | AUSTRIA           
|                                                                             | 
|Allianz Invest Alternativ                                                    |  | AUSTRIA           
|                                                                             | 
|Allianz Invest Eurorent Liquid                                               |  | AUSTRIA           
|                                                                             | 
|Allianz Invest Kapitalanlage GmbH, Wien                                      |  | AUSTRIA           
|                                                                             | 
|Allianz Invest Osteuropa LH                                                  |  | AUSTRIA           



---

Exhibit 8.1 Fiscal year 2007



|                                                             |  |                   
|------------------------------------------------------------ |  | ------------------
|Allianz Invest Osteuropa NL                                  |  | AUSTRIA           
|                                                             | 
|Allianz Invest Ostrent LH                                    |  | AUSTRIA           
|                                                             | 
|Allianz Investment Company LLC, Westport                     |  | UNITED STATES     
|                                                             | 
|Allianz Investment Management SE, München                    |  | GERMANY           
|                                                             | 
|Allianz Investment Properties Ltd., Guildford                |  | UNITED KINGDOM    
|                                                             | 
|Allianz Investmentbank Aktiengesellschaft, Wien              |  | AUSTRIA           
|                                                             | 
|Allianz Ireland p.l.c., Dublin                               |  | IRELAND           
|                                                             | 
|Allianz Irish Life Holdings p.l.c., Dublin                   |  | IRELAND           
|                                                             | 
|Allianz Jupiter 1 B.V., Amsterdam                            |  | NETHERLANDS       
|                                                             | 
|Allianz Jupiter 2 B.V., Amsterdam                            |  | NETHERLANDS       
|                                                             | 
|Allianz Jupiter 3 B.V., Amsterdam                            |  | UNITED STATES     
|                                                             | 
|Allianz Jupiter 4 B.V., Amsterdam                            |  | NETHERLANDS       
|                                                             | 
|Allianz Jupiter 5 B.V., Amsterdam                            |  | NETHERLANDS       
|                                                             | 
|Allianz kontakt, s.r.o., Prague                              |  | CZECH REPUBLIC    
|                                                             | 
|Allianz Leasing & Services JSC, Sofia                        |  | BULGARIA          
|                                                             | 
|Allianz Leben Private Equity Fonds 1998 GmbH, München        |  | GERMANY           
|                                                             | 
|Allianz Leben Private Equity Fonds 2001 GmbH, München        |  | GERMANY           
|                                                             | 
|Allianz Leben Private Equity Fonds 2008 GmbH, München        |  | GERMANY           
|                                                             | 
|Allianz Leben Private Equity Fonds Plus GmbH, München        |  | GERMANY           
|                                                             | 
|Allianz Lebensversicherungs-Aktiengesellschaft, Stuttgart    |  | GERMANY           
|                                                             | 
|Allianz Life & Annuity Company, Minneapolis                  |  | UNITED STATES     
|                                                             | 
|Allianz Life Advisors LLC, Minneapolis                       |  | UNITED STATES     
|                                                             | 
|Allianz Life Financial Services, LLC, Minneapolis            |  | UNITED STATES     
|                                                             | 
|Allianz Life Insurance Co. Ltd., Seoul                       |  | KOREA, REPUBLIC OF
|                                                             | 
|Allianz Life Insurance Company of North America, Minneapolis |  | UNITED STATES     
|                                                             | 
|Allianz Life Insurance Malaysia Berhad p.l.c., Kuala Lumpur  |  | MALAYSIA          
|                                                             | 
|Allianz Life Insurance of New York, New York                 |  | UNITED STATES     
|                                                             | 
|Allianz Life Luxembourg S.A., Luxembourg                     |  | LUXEMBOURG        
|                                                             | 
|Allianz Life Moskau, Moskau                                  |  | RUSSIAN FEDERATION
|                                                             | 
|Allianz Malaysia Berhad p.l.c., Kuala Lumpur                 |  | MALAYSIA          
|                                                             | 
|Allianz Management Services Limited, Guildford               |  | UNITED KINGDOM    
|                                                             | 
|Allianz Marine (UK) Ltd., Ipswich                            |  | UNITED KINGDOM    
|                                                             | 
|Allianz Mena Holding Bermuda, Beirut                         |  | BERMUDA           
|                                                             | 
|Allianz Mena Holding Co. SPC, Manama/Bahrain                 |  | BAHRAIN           
|                                                             | 
|Allianz México S.A. Compañía de Seguros, Mexico, D.F.        |  | MEXICO            
|                                                             | 
|Allianz Nederland Administratie B.V., Utrecht                |  | NETHERLANDS       
|                                                             | 
|Allianz Nederland Asset Management B.V., Amsterdam           |  | NETHERLANDS       
|                                                             | 
|Allianz Nederland Groep N.V., Rotterdam                      |  | NETHERLANDS       
|                                                             | 
|Allianz Nederland Levensverzekering N.V., Utrecht            |  | NETHERLANDS       
|                                                             | 
|Allianz Nederland Schadeverzekering N.V., Rotterdam          |  | NETHERLANDS       
|                                                             | 
|Allianz New Europe Holding GmbH, Wien                        |  | AUSTRIA           
|                                                             | 
|Allianz New Zealand Limited, Auckland                        |  | NEW ZEALAND       
|                                                             | 
|Allianz Northern Ireland Limited, Belfast                    |  | UNITED KINGDOM    
|                                                             | 
|Allianz Objektbeteiligungs- GmbH, Stuttgart                  |  | GERMANY           
|                                                             | 
|Allianz Obligations                                          |  | FRANCE            
|                                                             | 
|Allianz of America Corp., New York                           |  | UNITED STATES     
|                                                             | 
|Allianz of America, Inc., Wilmington                         |  | UNITED STATES     
|                                                             | 
|Allianz of Asia-Pacific and Africa GmbH, München             |  | GERMANY           
|                                                             | 
|Allianz of South Africa (Proprietary) Ltd., Johannesburg     |  | SOUTH AFRICA      
|                                                             | 
|Allianz Pension Consult GmbH, Stuttgart                      |  | GERMANY           
|                                                             | 
|Allianz Pension Fund Trustees Ltd., Guildford                |  | UNITED KINGDOM    
|                                                             | 
|Allianz Pension Partners GmbH, München                       |  | GERMANY           
|                                                             | 
|Allianz Pensionsfonds Aktiengesellschaft, Stuttgart          |  | GERMANY           
|                                                             | 
|Allianz Pensionskasse Aktiengesellschaft, Stuttgart          |  | GERMANY           
|                                                             | 
|Allianz Pensionskasse Aktiengesellschaft, Wien               |  | AUSTRIA           
|                                                             | 
|Allianz penzijní fond, a.s., Praha                           |  | CZECH REPUBLIC    
|                                                             | 
|Allianz Pimco Corporate LH                                   |  | AUSTRIA           
|                                                             | 
|Allianz Pimco Mortgage LH                                    |  | AUSTRIA           
|                                                             | 
|Allianz Pimco Mortgage NL                                    |  | AUSTRIA           
|                                                             | 
|Allianz pojistóvna, a.s., Prag                               |  | CZECH REPUBLIC    



---

Exhibit 8.1 Fiscal year 2007



|                                                                            |  |                               
|--------------------------------------------------------------------------- |  | ------------------------------
|Allianz Polska Services Sp. z o.o., Warschau                                |  | POLAND                        
|                                                                            | 
|Allianz Private Equity GmbH, München                                        |  | GERMANY                       
|                                                                            | 
|ALLIANZ PRIVATE EQUITY PARTNERS EUROPA III, Milano                          |  | ITALY                         
|                                                                            | 
|Allianz Private Equity Partners GmbH, München                               |  | GERMANY                       
|                                                                            | 
|Allianz Private Equity Partners Verwaltungs GmbH, München                   |  | GERMANY                       
|                                                                            | 
|Allianz Private Equity Partners, Inc., New York                             |  | UNITED STATES                 
|                                                                            | 
|Allianz Private Equity UK Holdings Limited, London                          |  | UNITED KINGDOM                
|                                                                            | 
|Allianz Private Krankenversicherungs-Aktiengesellschaft, München            |  | GERMANY                       
|                                                                            | 
|Allianz ProzessFinanz GmbH, München                                         |  | GERMANY                       
|                                                                            | 
|Allianz PV WS Fonds                                                         |  | GERMANY                       
|                                                                            | 
|Allianz Re Dublin Limited, Dublin                                           |  | IRELAND                       
|                                                                            | 
|Allianz Real Estate GmbH, München                                           |  | GERMANY                       
|                                                                            | 
|Allianz Rechtsschutz-Service GmbH, München                                  |  | GERMANY                       
|                                                                            | 
|Allianz Renewable Energy Acquisition GmbH, Frankfurt am Main                |  | GERMANY                       
|                                                                            | 
|Allianz Renewable Energy Holdings GmbH, München                             |  | GERMANY                       
|                                                                            | 
|Allianz Renewable Energy Management GmbH, Frankfurt am Main                 |  | GERMANY                       
|                                                                            | 
|Allianz Renewable Energy Subholding GmbH & Co.KG, München                   |  | GERMANY                       
|                                                                            | 
|Allianz reosiguranje d.d., Zagreb                                           |  | CROATIA (local name: Hrvatska)
|                                                                            | 
|Allianz Risk Audit, Moskau                                                  |  | RUSSIAN FEDERATION            
|                                                                            | 
|Allianz Risk Consultants B.V., Rotterdam                                    |  | NETHERLANDS                   
|                                                                            | 
|Allianz Risk Consultants Inc., Los Angeles                                  |  | UNITED STATES                 
|                                                                            | 
|Allianz Risk Transfer (Bermuda) Ltd., Hamilton                              |  | BERMUDA                       
|                                                                            | 
|Allianz Risk Transfer (UK), Limited, London                                 |  | UNITED KINGDOM                
|                                                                            | 
|Allianz Risk Transfer AG, Zürich                                            |  | SWITZERLAND                   
|                                                                            | 
|Allianz Risk Transfer Inc., New York                                        |  | UNITED STATES                 
|                                                                            | 
|Allianz Risk Transfer N.V., Amsterdam                                       |  | NETHERLANDS                   
|                                                                            | 
|Allianz ROSNO Asset Allocation Russia                                       |  | LUXEMBOURG                    
|                                                                            | 
|Allianz Rosno Asset Management                                              |  | RUSSIAN FEDERATION            
|                                                                            | 
|Allianz Rosno Life, Moskau                                                  |  | RUSSIAN FEDERATION            
|                                                                            | 
|Allianz S.A. de C.V., Mexico                                                |  | MEXICO                        
|                                                                            | 
|Allianz S.A., A.S. Agencia de Seguros, Barcelona                            |  | SPAIN                         
|                                                                            | 
|Allianz S.p.A., Trieste                                                     |  | ITALY                         
|                                                                            | 
|Allianz Service Company Japan Ltd., Tokyo                                   |  | JAPAN                         
|                                                                            | 
|Allianz Services (UK) Limited, London                                       |  | UNITED KINGDOM                
|                                                                            | 
|Allianz Servicios Técnicos, A.I.E., Barcelona                               |  | SPAIN                         
|                                                                            | 
|Allianz Shared Infrastructure Services GmbH, München                        |  | GERMANY                       
|                                                                            | 
|Allianz SNA Sal, Beirut                                                     |  | LEBANON                       
|                                                                            | 
|Allianz Société Financiére S.à.r.l., Luxemburg                              |  | LUXEMBOURG                    
|                                                                            | 
|Allianz Specialised Investments Limited, London                             |  | UNITED KINGDOM                
|                                                                            | 
|ALLIANZ SUBALPINA S.p.A. SOCIETA DI ASSICURAZIONI E RIASSICURAZIONI, Turin |  | ITALY                         
|                                                                            | 
|Allianz Suisse Flexible Fund                                                |  | SWITZERLAND                   
|                                                                            | 
|Allianz Suisse Immobilien AG, Volketswil                                    |  | SWITZERLAND                   
|                                                                            | 
|Allianz Suisse Lebensversicherungs-Gesellschaft, Zürich                     |  | SWITZERLAND                   
|                                                                            | 
|Allianz Suisse Personal Financial Services AG, Zürich                       |  | SWITZERLAND                   
|                                                                            | 
|Allianz Suisse Rückversicherungs AG, Zürich                                 |  | SWITZERLAND                   
|                                                                            | 
|Allianz Suisse Versicherungs-Gesellschaft, Zürich                           |  | SWITZERLAND                   
|                                                                            | 
|Allianz Taiwan Life Insurance Co. Ltd., Taipei                              |  | TAIWAN                        
|                                                                            | 
|Allianz Takaful, Bahrain                                                    |  | BAHRAIN                       
|                                                                            | 
|Allianz Taunusanlage GbR, Stuttgart                                         |  | GERMANY                       
|                                                                            | 
|Allianz Tiriac Asigurari SA, Bukarest                                       |  | ROMANIA                       
|                                                                            | 
|Allianz Treuhand GmbH, München                                              |  | GERMANY                       
|                                                                            | 
|Allianz Ukraine Life                                                        |  | RUSSIAN FEDERATION            
|                                                                            | 
|Allianz Ukraine LLC, Kiew                                                   |  | RUSSIAN FEDERATION            
|                                                                            | 
|Allianz Underwriters Insurance Company, Burbank                             |  | UNITED STATES                 
|                                                                            | 
|Allianz Venture Partners Beteiligungs-GmbH, München                         |  | GERMANY                       
|                                                                            | 
|Allianz Versicherungs-Aktiengesellschaft, München                           |  | GERMANY                       
|                                                                            | 
|Allianz VKA Fonds                                                           |  | GERMANY                       
|                                                                            | 
|Allianz VKRD-Fonds                                                          |  | GERMANY                       
|                                                                            | 
|Allianz VLBR-Fonds                                                          |  | GERMANY                       



---

Exhibit 8.1 Fiscal year 2007



|                                                                                   |  |                               
|---------------------------------------------------------------------------------- |  | ------------------------------
|Allianz VSR Fonds                                                                  |  | GERMANY                       
|                                                                                   | 
|Allianz VVB Fonds                                                                  |  | GERMANY                       
|                                                                                   | 
|Allianz Wohneigentum GmbH, Stuttgart                                               |  | GERMANY                       
|                                                                                   | 
|Allianz Worldwide Care Ltd., Dublin                                                |  | IRELAND                       
|                                                                                   | 
|Allianz Zagreb d.d., Zagreb                                                        |  | CROATIA (local name: Hrvatska)
|                                                                                   | 
|Allianz ZB d.o.o. Company for the Management of an Obligatory Pension Fund, Zagreb |  | CROATIA (local name: Hrvatska)
|                                                                                   | 
|Allianz ZB d.o.o. company of the management of voluntary pension funds, Zagreb     |  | CROATIA (local name: Hrvatska)
|                                                                                   | 
|ALLIANZ, Sociedade Gestora de Fundos de Pensões, SA., Lisbonne                     |  | PORTUGAL                      
|                                                                                   | 
|Allianz_ALD_Fonds                                                                  |  | GERMANY                       
|                                                                                   | 
|Allianz_ALIK_Fonds                                                                 |  | GERMANY                       
|                                                                                   | 
|Allianz_AVI_1 Fonds                                                                |  | GERMANY                       
|                                                                                   | 
|Allianz_AVM_B_Fonds                                                                |  | GERMANY                       
|                                                                                   | 
|Allianz_BRD_Fonds                                                                  |  | GERMANY                       
|                                                                                   | 
|Allianz_DGD_Fonds                                                                  |  | GERMANY                       
|                                                                                   | 
|Allianz_DRD_Fonds                                                                  |  | GERMANY                       
|                                                                                   | 
|Allianz_FAD_Fonds                                                                  |  | GERMANY                       
|                                                                                   | 
|Allianz_FRD_Fonds                                                                  |  | GERMANY                       
|                                                                                   | 
|Allianz_Invest_11, Division Leben/Kranken                                          |  | AUSTRIA                       
|                                                                                   | 
|Allianz_Invest_11, Division S/U (incl. Minorities)                                 |  | AUSTRIA                       
|                                                                                   | 
|Allianz_Invest_12, Division Leben/Kranken                                          |  | 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_SysFI_Fonds (SysFI), Frankfurt a.M.                                        |  | 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, Delaware                                             |  | UNITED STATES                 
|                                                                                   | 
|Allianz-Slovenská DSS, a.s., Bratislava                                            |  | SLOVAKIA (Slovak Republic)    
|                                                                                   | 
|Allianz-Slovenská poistovna a.s., Bratislava                                      |  | SLOVAKIA (Slovak Republic)    
|                                                                                   | 
|ALLIANZ-TIRIAC ADM PENSII                                                          |  | ROMANIA                       
|                                                                                   | 
|AllSecur B.V., Den Bosch                                                           |  | NETHERLANDS                   
|                                                                                   | 
|Almeda LLC, Voronezh                                                               |  | RUSSIAN FEDERATION            
|                                                                                   | 
|Alpha Vision Capital Advisors LLC, Newport Beach                                   |  | UNITED STATES                 
|                                                                                   | 
|Alpha Vision Capital Mgmt LLC, Newport Beach                                       |  | UNITED STATES                 
|                                                                                   | 
|Alpha Vision LLC, Newport Beach                                                    |  | UNITED STATES                 
|                                                                                   | 
|Alternative Holding Partenaires                                                    |  | FRANCE                        
|                                                                                   | 
|Am Anger Immobilienverwaltungs-GmbH, Frankfurt am Main                             |  | GERMANY                       
|                                                                                   | 
|Am Anger Verwaltungs-GmbH & Co. KG, Frankfurt am Main                              |  | GERMANY                       
|                                                                                   | 
|Amaya Compania de Seguros y Reaseguros S.A., Madrid                                |  | SPAIN                         
|                                                                                   | 
|American Automobile Insurance Company, Missouri                                    |  | UNITED STATES                 
|                                                                                   | 
|American Financial Marketing, Inc., Minneapolis                                    |  | UNITED STATES                 
|                                                                                   | 
|Ann Arbor Annuity Exchange, Inc., Ann Arbor                                        |  | UNITED STATES                 
|                                                                                   | 
|Antoniana Veneta Popolare Assicurazioni S.p.A., Trieste                            |  | ITALY                         
|                                                                                   | 
|Antoniana Veneta Popolare Vita S. p. A., Trieste                                   |  | ITALY                         
|                                                                                   | 
|APKR Pimco Emerging Markets                                                        |  | GERMANY                       
|                                                                                   | 
|Approfrais SA, Evreux                                                              |  | FRANCE                        





---

Exhibit 8.1 Fiscal year 2007



|                                                                  |  |                                 
|----------------------------------------------------------------- |  | --------------------------------
|Arab Gulf Health Services, Beirut                                 |  | LEBANON                         
|                                                                  | 
|Arcalis 22                                                        |  | FRANCE                          
|                                                                  | 
|Arcalis 23                                                        |  | FRANCE                          
|                                                                  | 
|Arcalis 24                                                        |  | FRANCE                          
|                                                                  | 
|Arcalis 28                                                        |  | FRANCE                          
|                                                                  | 
|Arcalis Assur 5                                                   |  | FRANCE                          
|                                                                  | 
|Arcalis UN                                                        |  | FRANCE                          
|                                                                  | 
|Arcalis, Paris                                                    |  | FRANCE                          
|                                                                  | 
|Archenar Marketing Trading Lda., Funchal/ Madeira                 |  | PORTUGAL                        
|                                                                  | 
|Ariondaz SAS, Paris                                               |  | FRANCE                          
|                                                                  | 
|Arlon Properties S.A., Luxembourg                                 |  | LUXEMBOURG                      
|                                                                  | 
|ARSA B.V., Amsterdam                                              |  | NETHERLANDS                     
|                                                                  | 
|ART Asset Management LLC, New York                                |  | UNITED STATES                   
|                                                                  | 
|AS Selecta s.r.o., Bratislava                                     |  | SLOVAKIA (Slovak Republic)      
|                                                                  | 
|Aspelle Limited, London                                           |  | UNITED KINGDOM                  
|                                                                  | 
|ASREX, Paris                                                      |  | FRANCE                          
|                                                                  | 
|Assimediass S.r.l., Mailand                                       |  | ITALY                           
|                                                                  | 
|ASSISTANCE AND SERVICES CORPORATION OF IRELAND A.S.C.I., Dublin |  | IRELAND                         
|                                                                  | 
|Assistance, Courtage dAssurance et de Réassurance S.A., Paris    |  | FRANCE                          
|                                                                  | 
|Associated Group Benefits Ltd., Ontario                           |  | CANADA                          
|                                                                  | 
|Associated Indemnity Corporation, Novato                          |  | UNITED STATES                   
|                                                                  | 
|Assurance Vie et Prévoyance (AVIP) SA, Paris                      |  | FRANCE                          
|                                                                  | 
|Assurances Fédérales BV, Amsterdam                                |  | FRANCE                          
|                                                                  | 
|Assurances Générales de France IART S.A., Paris                   |  | FRANCE                          
|                                                                  | 
|Assurances Générales de France Vie S.A., Paris                    |  | FRANCE                          
|                                                                  | 
|Assurances Générales de France, Paris                             |  | FRANCE                          
|                                                                  | 
|Assurances Générales du Laos Ltd., Laos                           |  | LAO PEOPLES DEMOCRATIC REPUBLIC
|                                                                  | 
|Assurances Générales du Mali (AGM), Bamako                        |  | COTE DIVOIRE                   
|                                                                  | 
|Astormed CJSC, Omsk                                               |  | RUSSIAN FEDERATION              
|                                                                  | 
|Athena Europe Obligations                                         |  | FRANCE                          
|                                                                  | 
|Athena Interfonds                                                 |  | FRANCE                          
|                                                                  | 
|Athéna Obligations                                                |  | FRANCE                          
|                                                                  | 
|Athéna, Paris                                                     |  | FRANCE                          
|                                                                  | 
|Atrium SAS, Paris                                                 |  | FRANCE                          
|                                                                  | 
|Atropos Vermögensverwaltungsgesellschaft mbH, München             |  | GERMANY                         
|                                                                  | 
|Auros GmbH, München                                               |  | GERMANY                         
|                                                                  | 
|Automaty Servis Selecta Sro, Praha                                |  | CZECH REPUBLIC                  
|                                                                  | 
|AVIP ACTIONS 100                                                  |  | FRANCE                          
|                                                                  | 
|AVIP ACTIONS 60                                                   |  | FRANCE                          
|                                                                  | 
|AVIP PERFORMANCE 80                                               |  | FRANCE                          
|                                                                  | 
|AVIP TOP 300                                                      |  | FRANCE                          
|                                                                  | 
|AVIP TOP CROISSANCE                                               |  | FRANCE                          
|                                                                  | 
|AVIP TOP DEFENSIF                                                 |  | FRANCE                          
|                                                                  | 
|AVIP TOP HARMONIE                                                 |  | FRANCE                          
|                                                                  | 
|Axioma Insurance (Cyprus) Ltd., Nicosia                           |  | CYPRUS                          
|                                                                  | 
|AZ GI Advertising Agency Inc., Delaware                           |  | UNITED STATES                   
|                                                                  | 
|AZ GI Managed Accounts LLC, Delaware                              |  | UNITED STATES                   
|                                                                  | 
|AZ GI Pacific Ltd., Hamilton/Bermuda                              |  | BERMUDA                         
|                                                                  | 
|AZ GI U.S. Retail LLC, Delaware                                   |  | UNITED STATES                   
|                                                                  | 
|AZ Jupiter Ltd., London                                           |  | UNITED KINGDOM                  
|                                                                  | 
|AZ-Aiolos Vermögensverwaltungsgesellschaft OHG, München           |  | GERMANY                         
|                                                                  | 
|AZ-Arges Vermögensverwaltungsgesellschaft mbH, München            |  | GERMANY                         
|                                                                  | 
|AZ-Argos 10 Vermögensverwaltungsgesellschaft mbH, München         |  | GERMANY                         
|                                                                  | 
|AZ-Argos 14 Vermögensverwaltungsgesellschaft mbH, München         |  | GERMANY                         
|                                                                  | 
|AZ-Argos 22 Vermögensverwaltungsgesellschaft mbH, München         |  | GERMANY                         
|                                                                  | 
|AZ-Argos 29 Vermögensverwaltungsgesellschaft mbH, München         |  | GERMANY                         
|                                                                  | 
|AZ-Argos 3 Vermögensverwaltungsgesellschaft mbH, München          |  | GERMANY                         
|                                                                  | 
|AZ-Argos 39 Vermögensverwaltungsgesellschaft mbH, München         |  | GERMANY                         



---

Exhibit 8.1 Fiscal year 2007



|                                                                   |  |                               
|------------------------------------------------------------------ |  | ------------------------------
|AZ-Argos 41 Vermögensverwaltungsgesellschaft mbH, München          |  | GERMANY                       
|                                                                   | 
|AZ-Argos 44 Vermögensverwaltungsgesellschaft mbH & Co. KG, München |  | GERMANY                       
|                                                                   | 
|AZ-Argos 45 Vermögensverwaltungsgesellschaft mbH, München          |  | GERMANY                       
|                                                                   | 
|AZ-Argos 46 Vermögensverwaltungsgesellschaft mbH, München          |  | GERMANY                       
|                                                                   | 
|AZ-Argos 47 Vermögensverwaltungsgesellschaft mbH, München          |  | GERMANY                       
|                                                                   | 
|AZ-Argos 48 Vermögensverwaltungsgesellschaft mbH, München          |  | GERMANY                       
|                                                                   | 
|AZ-Argos 49 Vermögensverwaltungsgesellschaft mbH, München          |  | GERMANY                       
|                                                                   | 
|AZ-Argos 6 Vermögensverwaltungsgesellschaft mbH, München           |  | GERMANY                       
|                                                                   | 
|AZ-Asopos Vermögensverwaltungsgesellschaft OHG, München            |  | GERMANY                       
|                                                                   | 
|AZL AI Nr. 1 GmbH, München                                         |  | GERMANY                       
|                                                                   | 
|AZL AI Nr. 2 SARL, Luxembourg                                      |  | LUXEMBOURG                    
|                                                                   | 
|AZL PE Nr. 1 GmbH, München                                         |  | GERMANY                       
|                                                                   | 
|AZL PF Investmetns, Inc., Minneapolis                              |  | UNITED STATES                 
|                                                                   | 
|AZL-Alico Vermögensverwaltungsgesellschaft mbH, München            |  | GERMANY                       
|                                                                   | 
|AZL-DRB Vermögensverwaltungsgesellschaft mbH, München              |  | GERMANY                       
|                                                                   | 
|AZ-MPS Beteiligungsgesellschaft mbH & Co. KG, München              |  | GERMANY                       
|                                                                   | 
|AZS-Arges Vermögensverwaltungsgesellschaft mbH, München            |  | GERMANY                       
|                                                                   | 
|AZ-SER Vermögensverwaltungsgesellschaft mbH, München               |  | GERMANY                       
|                                                                   | 
|AZ-SGD Private Equity Fonds GmbH, München                          |  | GERMANY                       
|                                                                   | 
|AZT Automotive GmbH, München                                       |  | GERMANY                       
|                                                                   | 
|AZT Risk & Technology GmbH, München                                |  | GERMANY                       
|                                                                   | 
|BACAB S.A., Ste. Croix/Schweiz                                     |  | SWITZERLAND                   
|                                                                   | 
|Baladau                                                            |  | FRANCE                        
|                                                                   | 
|Bankhaus W. Fortmann & Söhne KG, Oldenburg                         |  | GERMANY                       
|                                                                   | 
|Banque AGF S.A., Paris                                             |  | FRANCE                        
|                                                                   | 
|BARTEC AB, Karlskrona/Schweden                                     |  | SWEDEN                        
|                                                                   | 
|BARTEC AS, Oslo                                                    |  | NETHERLANDS                   
|                                                                   | 
|BARTEC Barlian Industries Holding AG, Cham/Schweiz                 |  | SWITZERLAND                   
|                                                                   | 
|BARTEC Belgium N.V., Tessenderlo/Belgium                           |  | BELGIUM                       
|                                                                   | 
|BARTEC Benke GmbH, Reinbeck                                        |  | GERMANY                       
|                                                                   | 
|BARTEC Consult GmbH, Bad Mergentheim                               |  | GERMANY                       
|                                                                   | 
|BARTEC d.o.o., Zagorje, Slovenia                                   |  | SLOVENIA                      
|                                                                   | 
|Bartec Electric (Shanghai) Co., Ltd., Shanghai                     |  | CHINA                         
|                                                                   | 
|Bartec Electric (Shanxi) Co., Ltd., Shanxi                         |  | CHINA                         
|                                                                   | 
|BARTEC Elektrotechnik GmbH, Wien                                   |  | AUSTRIA                       
|                                                                   | 
|BARTEC Engineering + Services AG, Cham                             |  | SWITZERLAND                   
|                                                                   | 
|Bartec GmbH, Bad Mergentheim                                       |  | GERMANY                       
|                                                                   | 
|BARTEC Hungary Kft, Budapest                                       |  | HUNGARY                       
|                                                                   | 
|Bartec Korea, Seoul                                                |  | KOREA, REPUBLIC OF            
|                                                                   | 
|BARTEC Kroatien, Zagreb                                            |  | CROATIA (local name: Hrvatska)
|                                                                   | 
|BARTEC Middle East                                                 |  | UNITED ARAB EMIRATES          
|                                                                   | 
|BARTEC Nederland B.V., Ridderkerk/Netherland                       |  | NETHERLANDS                   
|                                                                   | 
|BARTEC Nederland Ultrakust Division B.V., Ridderkerk/Netherlands   |  | NETHERLANDS                   
|                                                                   | 
|BARTEC Pte Ltd., Singapur                                          |  | SINGAPORE                     
|                                                                   | 
|BARTEC S.A., Barcelona                                             |  | SPAIN                         
|                                                                   | 
|BARTEC s.a.r.l., Fegersheim Cedex/France                           |  | FRANCE                        
|                                                                   | 
|BARTEC s.r.l., Melegnano                                           |  | ITALY                         
|                                                                   | 
|BARTEC s.r.o., Prag                                                |  | CZECH REPUBLIC                
|                                                                   | 
|BARTEC Safety PTY. LTD., Johannesburg, South Africa                |  | SOUTH AFRICA                  
|                                                                   | 
|BARTEC Sicherheitsschaltanlagen GmbH, Menden                       |  | GERMANY                       
|                                                                   | 
|BARTEC Sp.z.o.o., Poland                                           |  | POLAND                        
|                                                                   | 
|BARTEC UK Ltd., Bury Lancashire/Great Britain                      |  | UNITED KINGDOM                
|                                                                   | 
|BARTEC US Corp., Tulsa/Oklahoma                                    |  | UNITED STATES                 
|                                                                   | 
|BARTEC Varnost d.o.o., Zagorje, Slovenia                           |  | SLOVENIA                      
|                                                                   | 
|BAWAG Allianz Mitarbeitervorsorgekasse AG, Wien                    |  | AUSTRIA                       
|                                                                   | 
|BCA Betriebs Catering GmbH Verpflegungsdienste, Gerlingen          |  | GERMANY                       
|                                                                   | 
|Beethoven Funding Corporation, Dover                               |  | UNITED STATES                 
|                                                                   | 
|BERGA Grundstücks-Verwaltungsgesellschaft mbH & Co. KG, Grünwald   |  | GERMANY                       





---

Exhibit 8.1 Fiscal year 2007



|                                                                            |  |               
|--------------------------------------------------------------------------- |  | --------------
|BERNESE ASSICURAZIONI Compagnia Italo Svizzera di Assicurazioni S.p.A., Rom |  | ITALY         
|                                                                            | 
|BERNESE VITA SPA, Rom                                                       |  | ITALY         
|                                                                            | 
|Bestconnect Nominees Ltd, London                                            |  | UNITED KINGDOM
|                                                                            | 
|BFC Berliner Film Companie Beteiligungsgesellschaft mbH, Berlin             |  | GERMANY       
|                                                                            | 
|BFC Berliner Film Companie CoPro GmbH, Frankfurt am Main                    |  | GERMANY       
|                                                                            | 
|BFC Berliner Film Companie Distribution GmbH, Berlin                        |  | GERMANY       
|                                                                            | 
|BFC Berliner Film Companie Productions GmbH, Berlin                         |  | GERMANY       
|                                                                            | 
|BFC Berliner Film Companie Productions GmbH, Berlin                         |  | GERMANY       
|                                                                            | 
|BFC Berliner Film Companie Studio GmbH, Berlin                              |  | GERMANY       
|                                                                            | 
|BFC Berliner Film Companie Studio GmbH, Berlin                              |  | GERMANY       
|                                                                            | 
|BIC, Sao Paulo                                                              |  | BRAZIL        
|                                                                            | 
|Bilan Services S.N.C., Nanterre                                             |  | FRANCE        
|                                                                            | 
|Bishop Finance Inc., Wilmington/Delaware                                    |  | UNITED STATES 
|                                                                            | 
|Björn-Steiger-Stiftung Service GmbH, Stuttgart                              |  | GERMANY       
|                                                                            | 
|BMM AUDACE                                                                  |  | FRANCE        
|                                                                            | 
|BMM Court Terme (D)                                                         |  | FRANCE        
|                                                                            | 
|BMM HARMONIE                                                                |  | FRANCE        
|                                                                            | 
|BMM Long Terme (D)                                                          |  | FRANCE        
|                                                                            | 
|BMM Pierre Capitalisation (D)                                               |  | FRANCE        
|                                                                            | 
|Borgo San Felice S.r.l., Siena                                              |  | ITALY         
|                                                                            | 
|Borrowdale Nominees Ltd, St. Peter Port/Guernsey                            |  | UNITED KINGDOM
|                                                                            | 
|Bosphorus Capital Limited, Ireland                                          |  | IRELAND       
|                                                                            | 
|Bosphorus Finance Limited, Gibraltar                                        |  | UNITED KINGDOM
|                                                                            | 
|Botanic Building S.P.R.L., Bruxelles                                        |  | BELGIUM       
|                                                                            | 
|Bridge Re Limited, Hamilton                                                 |  | UNITED STATES 
|                                                                            | 
|British Financial Union Ltd, London                                         |  | UNITED KINGDOM
|                                                                            | 
|British Reserve Insurance Co. Ltd., Guildford                               |  | UNITED KINGDOM
|                                                                            | 
|Bulgaria Net Co. Ltd., Sofia                                                |  | BULGARIA      
|                                                                            | 
|Bureau dExpertises Despretz S.A., Brüssel                                  |  | BELGIUM       
|                                                                            | 
|Bürgel Beteiligungs GmbH, Hamburg                                           |  | GERMANY       
|                                                                            | 
|Bürgel Erfurt Beteiligungsgesellschaft mbH, Erfurt                          |  | GERMANY       
|                                                                            | 
|Bürgel Erfurt GmbH & Co. KG, Erfurt                                         |  | GERMANY       
|                                                                            | 
|Bürgel Internationale Inkassogesellschaft GmbH, Braunschweig                |  | GERMANY       
|                                                                            | 
|Bürgel Wirtschaftsinformationen GmbH & Co. KG, Hamburg                      |  | GERMANY       
|                                                                            | 
|Bürgel Wirtschaftsinformationen Hamburg GmbH, Hamburg                       |  | GERMANY       
|                                                                            | 
|Bürgel Wirtschaftsinformationen Vertriebsges. mbH & Co. KG, Hamburg         |  | GERMANY       
|                                                                            | 
|Bürgel Wirtschaftsinformationen Verwaltungs-GmbH, Hamburg                   |  | GERMANY       
|                                                                            | 
|Burkina Assurance S.A., Ouagadougou                                         |  | BURKINA FASO  
|                                                                            | 
|Burkina Assurance Vie S.A., Ouagadougou                                     |  | BURKINA FASO  
|                                                                            | 
|business lounge GmbH, Wien                                                  |  | AUSTRIA       
|                                                                            | 
|C. F. Erste Beteiligungsgesellschaft mbH, Frankfurt                         |  | GERMANY       
|                                                                            | 
|Calypso S.A., Paris                                                         |  | FRANCE        
|                                                                            | 
|Camat, Paris                                                                |  | FRANCE        
|                                                                            | 
|CAPEX                                                                       |  | FRANCE        
|                                                                            | 
|Carene, Paris                                                               |  | FRANCE        
|                                                                            | 
|Casas del Toqui S.A., Santiago de Chile                                     |  | CHILE         
|                                                                            | 
|Caywood Scholl Capital Management LLC, San Diego                            |  | UNITED STATES 
|                                                                            | 
|CCA, Paris                                                                  |  | FRANCE        
|                                                                            | 
|Cerigo Capital LimitedDublin                                               |  | IRELAND       
|                                                                            | 
|CERT Zertifizierungsgesellschaft mbH, Ismaning                              |  | GERMANY       
|                                                                            | 
|Challenging Financial Careers Insurance Marketing Corp., Huntington Beach   |  | UNITED STATES 
|                                                                            | 
|Château Larose Trintaudon S.A., Saint Laurent de Médoc                      |  | FRANCE        
|                                                                            | 
|Chess Finance LLC, Wilmington/Delaware                                      |  | UNITED STATES 
|                                                                            | 
|Chicago Insurance Company, Illinois                                         |  | UNITED STATES 
|                                                                            | 
|CIC Allianz Insurance Ltd., Sydney                                          |  | AUSTRALIA     
|                                                                            | 
|Claims Consultancy & Investigation Services Limited, Dublin                 |  | IRELAND       
|                                                                            | 
|Clark Risk Management BV, Rotterdam                                         |  | NETHERLANDS   





---

Exhibit 8.1 Fiscal year 2007



|                                                                                       |  |               
|-------------------------------------------------------------------------------------- |  | --------------
|Classic Finance BV, Amsterdam                                                          |  | NETHERLANDS   
|                                                                                       | 
|CLASSIC I (Cayman) LimitedGeorge Town                                                 |  | CAYMAN ISLANDS
|                                                                                       | 
|Classic I Netherlands Limited, Amsterdam                                               |  | NETHERLANDS   
|                                                                                       | 
|Club Marine Limited, Melbourne                                                         |  | AUSTRALIA     
|                                                                                       | 
|Codinf Services, Paris                                                                 |  | FRANCE        
|                                                                                       | 
|Cogar, Paris                                                                           |  | FRANCE        
|                                                                                       | 
|Colseguros Capitalizacion, Colombia                                                    |  | COLOMBIA      
|                                                                                       | 
|Colseguros Generales S.A., Bogota                                                      |  | COLOMBIA      
|                                                                                       | 
|Colseguros Vida S.A., Bogota                                                           |  | COLOMBIA      
|                                                                                       | 
|Colserauto S.A., Bogotá D.C.                                                           |  | COLOMBIA      
|                                                                                       | 
|Commerce Assurance Bhd., Kuala Lumpur                                                  |  | MALAYSIA      
|                                                                                       | 
|Commercial Bank Allianz Bulgaria Ltd., Sofia                                           |  | BULGARIA      
|                                                                                       | 
|Commerzbank_LEBENCO_Fonds                                                              |  | GERMANY       
|                                                                                       | 
|Compagnie dAssurance de Protection Juridique S.A., Zug                                |  | SWITZERLAND   
|                                                                                       | 
|Compagnie de Gestion et Prevoyance, Strasbourg                                         |  | FRANCE        
|                                                                                       | 
|Compagnie Financière pour la Réalisation dOperations Immobilières S. A. COFIDIM, Lyon |  | FRANCE        
|                                                                                       | 
|Companhia de Seguros Allianz Portugal S.A., Lissabon                                   |  | PORTUGAL      
|                                                                                       | 
|Compania Colombiana De Inversion Colseguros S.A., Bogotá D.C.                          |  | COLOMBIA      
|                                                                                       | 
|Coparc, Paris                                                                          |  | FRANCE        
|                                                                                       | 
|Cornhill Investment Properties (Reigate) Ltd., Guildford                               |  | UNITED KINGDOM
|                                                                                       | 
|Cornhill Solutions Limited                                                             |  | UNITED KINGDOM
|                                                                                       | 
|Cornhill Trustee (Guernsey) Ltd., Guernsey                                             |  | UNITED KINGDOM
|                                                                                       | 
|Corporate Directors (No. 1) Limited, St. Peter Port/Guernsey                           |  | UNITED KINGDOM
|                                                                                       | 
|Corporate Directors (No. 2) Limited, St. Peter Port/Guernsey                           |  | UNITED KINGDOM
|                                                                                       | 
|Corporate Secretaries (Jersey) Ltd, St. Helier/Jersey                                  |  | UNITED KINGDOM
|                                                                                       | 
|Corporate Services (Guernsey) Ltd, St. Peter Port/Guernsey                             |  | UNITED KINGDOM
|                                                                                       | 
|Corsetec, Sao Paulo                                                                    |  | BRAZIL        
|                                                                                       | 
|COTINCO Consultora Técnica, Industrial y Commercial, S.A., Mexico City                 |  | MEXICO        
|                                                                                       | 
|Crédito Argentino Germánico SA, Buenos Aires                                           |  | ARGENTINA     
|                                                                                       | 
|Crédito Germánico S.A., Montevideo                                                     |  | URUGUAY       
|                                                                                       | 
|CreditRas Assicurazioni S.p.A., Mailand                                                |  | ITALY         
|                                                                                       | 
|CreditRas Vita S.p.A., Milano                                                          |  | ITALY         
|                                                                                       | 
|CS Theoreme                                                                            |  | FRANCE        
|                                                                                       | 
|Damien Courtens & Cie, Bruxelles                                                       |  | BELGIUM       
|                                                                                       | 
|DARTA SAVING LIFE ASSURANCE LTD., Dublin                                               |  | IRELAND       
|                                                                                       | 
|DBI Insurance Company Ltd., Guildford                                                  |  | 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, Duisburg                                              |  | GERMANY       
|                                                                                       | 
|DEGI Beteiligungs GmbH, Frankfurt am Main                                              |  | GERMANY       
|                                                                                       | 
|DEGI Deutsche Gesellschaft für Immobilienfonds m.b.H, Frankfurt am Main                |  | GERMANY       
|                                                                                       | 
|DEGI Homburg Harris General Partner Ltd., Vancouver                                    |  | CANADA        
|                                                                                       | 
|DEGI Schweden AB, Stockholm                                                            |  | SWEDEN        
|                                                                                       | 
|Delaware Valley Financial Services, LLC, Berwyn, PA                                    |  | UNITED STATES 
|                                                                                       | 
|Delta Technical Services Ltd., London                                                  |  | UNITED KINGDOM
|                                                                                       | 
|Deutsche Außenhandels-Gesellschaft mbH, Hamburg                                        |  | GERMANY       
|                                                                                       | 
|Deutsche Lebensversicherungs-Aktiengesellschaft, Berlin                                |  | GERMANY       
|                                                                                       | 
|DIC-MAN Roland Co. Ltd. Japan, Tokyo                                                   |  | JAPAN         
|                                                                                       | 
|DIMENSIONE S.R.L, Rom                                                                  |  | ITALY         
|                                                                                       | 
|DIT-FONDS ALSI                                                                         |  | GERMANY       
|                                                                                       | 
|DIT-Fonds APAV                                                                         |  | GERMANY       



---

Exhibit 8.1 Fiscal year 2007



|                                                                          |  |                   
|------------------------------------------------------------------------- |  | ------------------
|DIT-FONDS EEE                                                             |  | GERMANY           
|                                                                          | 
|DIT-FONDS PV-RD                                                           |  | GERMANY           
|                                                                          | 
|DIT-Garantie Plus 2012                                                    |  | GERMANY           
|                                                                          | 
|DIT-Protect Global Winner 2014                                            |  | GERMANY           
|                                                                          | 
|DKNA Phoenix LLC, Wilmington/Delaware                                     |  | UNITED STATES     
|                                                                          | 
|Donator Beteiligungsverwaltung GmbH, München                              |  | GERMANY           
|                                                                          | 
|Doradztwo Gospodarcze Spolka Akcyjna, Warschau                            |  | POLAND            
|                                                                          | 
|DOUBL  ACTIV 2008 L                                                      |  | FRANCE            
|                                                                          | 
|Draudimo kompanija NERIS UAB, Vilnius, Lithuania                          |  | LITHUANIA         
|                                                                          | 
|Dreiundzwanzigste DRESIB Beteiligungs-Gesellschaft mbH, Frankfurt am Main |  | GERMANY           
|                                                                          | 
|Dresdner Advisors LLC, Delaware                                           |  | UNITED STATES     
|                                                                          | 
|Dresdner Bank (Schweiz) AG, Zürich                                        |  | SWITZERLAND       
|                                                                          | 
|Dresdner Bank AG, Frankfurt am Main                                       |  | GERMANY           
|                                                                          | 
|Dresdner Bank Brasil SA Banco Múltiplo, Sao Paulo                         |  | BRAZIL            
|                                                                          | 
|Dresdner Bank Gestions France S. A. S., Paris                             |  | FRANCE            
|                                                                          | 
|Dresdner Bank Luxembourg S.A., Luxembourg                                 |  | LUXEMBOURG        
|                                                                          | 
|Dresdner Bank Monaco, Monte Carlo                                         |  | MONACO            
|                                                                          | 
|Dresdner Bank Representações Ltda., Sao Paulo                             |  | BRAZIL            
|                                                                          | 
|Dresdner Bank ZAO, St. Petersburg                                         |  | RUSSIAN FEDERATION
|                                                                          | 
|Dresdner Benson (Canada) Ltd, Toronto                                     |  | CANADA            
|                                                                          | 
|Dresdner Capital LLC I, Wilmington/Delaware                               |  | UNITED STATES     
|                                                                          | 
|Dresdner Capital LLC II, Wilmington/Delaware                              |  | UNITED STATES     
|                                                                          | 
|Dresdner Capital LLC III, Wilmington/Delaware                             |  | UNITED STATES     
|                                                                          | 
|Dresdner Capital LLC IV, Wilmington/Delaware                              |  | UNITED STATES     
|                                                                          | 
|Dresdner Corporate Finance GmbH, Frankfurt am Main                        |  | GERMANY           
|                                                                          | 
|Dresdner Finance 1 S.à.r.l., Luxembourg                                   |  | LUXEMBOURG        
|                                                                          | 
|Dresdner Finance B.V., Amsterdam                                          |  | NETHERLANDS       
|                                                                          | 
|Dresdner Finanzberatungsgesellschaft mbH, Bad Vilbel                      |  | GERMANY           
|                                                                          | 
|Dresdner Finanziaria S.p.A., Mailand                                      |  | ITALY             
|                                                                          | 
|Dresdner Holding B.V., Amsterdam                                          |  | NETHERLANDS       
|                                                                          | 
|Dresdner Investments (UK) Ltd, London                                     |  | UNITED KINGDOM    
|                                                                          | 
|Dresdner KleinwortGrantchester, Inc., Wilmington/Delaware                |  | UNITED STATES     
|                                                                          | 
|Dresdner Kleinwort & Co. Holdings, Inc., Wilmington/Delaware              |  | UNITED STATES     
|                                                                          | 
|Dresdner Kleinwort (Argentina) SA, Buenos Aires                           |  | BRAZIL            
|                                                                          | 
|Dresdner Kleinwort (China) Ltd., Hongkong                                 |  | HONG KONG         
|                                                                          | 
|Dresdner Kleinwort (Drc) Limited, London                                  |  | UNITED KINGDOM    
|                                                                          | 
|Dresdner Kleinwort (Hong Kong) Limited, Hongkong                          |  | HONG KONG         
|                                                                          | 
|Dresdner Kleinwort (Japan) Ltd., Hongkong                                 |  | HONG KONG         
|                                                                          | 
|Dresdner Kleinwort (Lbdp) Holdings Limited, London                        |  | UNITED KINGDOM    
|                                                                          | 
|Dresdner Kleinwort (Lbdp) Limited, London                                 |  | UNITED KINGDOM    
|                                                                          | 
|Dresdner Kleinwort (Services) Inc., Panama City                           |  | PANAMA            
|                                                                          | 
|Dresdner Kleinwort (South East Asia) Ltd., Singapore                      |  | THAILAND          
|                                                                          | 
|Dresdner Kleinwort Benson North America Inc, Wilmington                   |  | UNITED STATES     
|                                                                          | 
|Dresdner Kleinwort Benson Private Equity Partner LP, New York             |  | UNITED STATES     
|                                                                          | 
|Dresdner Kleinwort Beteiligungs-Gesellschaft mbH, Frankfurt am Main       |  | GERMANY           
|                                                                          | 
|Dresdner Kleinwort Capital Beratungs GmbH, München                        |  | GERMANY           
|                                                                          | 
|Dresdner Kleinwort Capital Inc., Wilmington/Delaware                      |  | UNITED STATES     
|                                                                          | 
|Dresdner Kleinwort Capital Investment Company Ltd, London                 |  | UNITED KINGDOM    
|                                                                          | 
|Dresdner Kleinwort Capital Investment Trust Ltd, London                   |  | UNITED KINGDOM    
|                                                                          | 
|Dresdner Kleinwort Capital Italia Beteiligungsverwaltung GmbH, Grünwald   |  | GERMANY           
|                                                                          | 
|Dresdner Kleinwort Capital Jersey Ltd, St. Helier/Jersey                  |  | UNITED KINGDOM    
|                                                                          | 
|Dresdner Kleinwort Capital LLC, New York                                  |  | UNITED STATES     
|                                                                          | 
|Dresdner Kleinwort Capital Ventures Management Ltd, London                |  | UNITED KINGDOM    
|                                                                          | 
|Dresdner Kleinwort Capital Verwaltungs GmbH, Grünwald                     |  | GERMANY           
|                                                                          | 
|Dresdner Kleinwort Derivative Investments Limited, London                 |  | UNITED KINGDOM    
|                                                                          | 
|Dresdner Kleinwort do Brasil s/c Ltda, Rio de Janeiro                     |  | BRAZIL            
|                                                                          | 
|Dresdner Kleinwort EIV Manager, Inc., Wilmington/Delaware                 |  | UNITED STATES     





---

Exhibit 8.1 Fiscal year 2007



|                                                                    |  |               
|------------------------------------------------------------------- |  | --------------
|Dresdner Kleinwort Equipment Finance Limited, London                |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Equipment LLC, Wilmington/Delaware               |  | UNITED STATES 
|                                                                    | 
|Dresdner Kleinwort Europe Ltd, London                               |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Finance BV, Amsterdam                            |  | NETHERLANDS   
|                                                                    | 
|Dresdner Kleinwort Finance EURL, Paris                              |  | FRANCE        
|                                                                    | 
|Dresdner Kleinwort Finance Inc., New York                           |  | UNITED STATES 
|                                                                    | 
|Dresdner Kleinwort France SAS, Paris                                |  | FRANCE        
|                                                                    | 
|Dresdner Kleinwort Group Holdings, LLC, Wilmington/Delaware         |  | UNITED STATES 
|                                                                    | 
|Dresdner Kleinwort Group LLC, Wilmington/Delaware                   |  | UNITED STATES 
|                                                                    | 
|Dresdner Kleinwort Group Ltd., London                               |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Holdings I, Inc., Wilmington                     |  | UNITED STATES 
|                                                                    | 
|Dresdner Kleinwort Holdings II, Inc., Wilmington / Delaware         |  | UNITED STATES 
|                                                                    | 
|Dresdner Kleinwort Holdings III, Inc., Wilmington                   |  | UNITED STATES 
|                                                                    | 
|Dresdner Kleinwort Holdings LLC, Wilmington                         |  | UNITED STATES 
|                                                                    | 
|Dresdner Kleinwort Investment Holdings, Inc., Wilmington, Delaware  |  | UNITED STATES 
|                                                                    | 
|Dresdner Kleinwort Leasing (Guernsey) Ltd, St. Peter Port/ Guernsey |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing December (1) Limited, London             |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing December (10) Limited, London            |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing December (11) Limited, London            |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing December (12) Limited, London            |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing December (13) Limited, London            |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing December (15) Limited, London            |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing December (16) Limited, London            |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing December (2) Limited, London             |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing December (3) Limited, London             |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing December (4) Limited, London             |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing December (6) Limited, London             |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing December (7) Limited, Edinburgh          |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing December (8) Limited, London             |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing December (9) Limited, London             |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing Holdings Limited, London                 |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing Inc., Wilmington/Delaware                |  | UNITED STATES 
|                                                                    | 
|Dresdner Kleinwort Leasing June (3) Limited, London                 |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing Limited, London                          |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing March (2) Limited, London                |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing March (3) Limited, London                |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing September (3) Limited, London            |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing September (4) Limited, London            |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing September (5) Limited, London            |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Leasing September (6) Limited, London            |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Limited, London                                  |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort LLC, New York                                    |  | UNITED STATES 
|                                                                    | 
|Dresdner Kleinwort Metals Limited, London                           |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Online Ventures Limited, London                  |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Overseas Employees Limited, London               |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Overseas Holdings plc, London                    |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Partnership 2001 Ltd, London                     |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Pfandbriefe Investments II, Wilmington, Delaware |  | UNITED STATES 
|                                                                    | 
|Dresdner Kleinwort Pfandbriefe Investments, Inc., Wilmington        |  | UNITED STATES 
|                                                                    | 
|Dresdner Kleinwort Property Management & Services Limited, London   |  | UNITED KINGDOM
|                                                                    | 
|Dresdner Kleinwort Research GmbH, Frankfurt am Main                 |  | GERMANY       
|                                                                    | 
|Dresdner Kleinwort Securities (Asia) Holdings Ltd., Hongkong        |  | HONG KONG     
|                                                                    | 
|Dresdner Kleinwort Securities (Asia) Limited, Hongkong              |  | HONG KONG     
|                                                                    | 
|Dresdner Kleinwort Securities (India) Private Ltd, Mumbai           |  | INDIA         
|                                                                    | 
|Dresdner Kleinwort Securities France S.A., Paris                    |  | FRANCE        
|                                                                    | 
|Dresdner Kleinwort Securities LLC, Wilmington/Delaware              |  | UNITED STATES 



---

Exhibit 8.1 Fiscal year 2007



|                                                                                      |  |                     
|------------------------------------------------------------------------------------- |  | --------------------
|Dresdner Kleinwort Securities Ltd, London                                             |  | UNITED KINGDOM      
|                                                                                      | 
|Dresdner Kleinwort Securities Nominees Limited, London                                |  | UNITED KINGDOM      
|                                                                                      | 
|Dresdner Kleinwort Services (Guernsey) Limited, St. Peter Port/Guernsey               |  | UNITED KINGDOM      
|                                                                                      | 
|Dresdner Kleinwort Services LLC, Wilmington/Delaware                                  |  | UNITED STATES       
|                                                                                      | 
|Dresdner Kleinwort Servicios y Asesorias Ltda., Santiago de Chile                     |  | COTE DIVOIRE       
|                                                                                      | 
|Dresdner Kleinwort sp.z.o.o., Warschau                                                |  | POLAND              
|                                                                                      | 
|Dresdner Kleinwort Sponsoring GmbH, Frankfurt am Main                                 |  | GERMANY             
|                                                                                      | 
|Dresdner Kleinwort Trading Holdings LLC, Wilmington/Delaware                          |  | UNITED STATES       
|                                                                                      | 
|Dresdner Lateinamerika Aktiengesellschaft, Hamburg                                    |  | GERMANY             
|                                                                                      | 
|Dresdner Leasing 1 S.àr.l, Luxembourg                                                 |  | LUXEMBOURG          
|                                                                                      | 
|Dresdner Leasing 2 S.àr.l, Luxembourg                                                 |  | LUXEMBOURG          
|                                                                                      | 
|Dresdner Mezzanine GmbH & Co. KG, Frankfurt am Main                                   |  | GERMANY             
|                                                                                      | 
|Dresdner Mezzanine Verwaltungs-GmbH, Frankfurt am Main                                |  | GERMANY             
|                                                                                      | 
|Dresdner Private Placement GmbH, Frankfurt am Main                                    |  | GERMANY             
|                                                                                      | 
|Dresdner RCM Global Investors (Jersey) Ltd, St. Helier/Jersey                         |  | UNITED KINGDOM      
|                                                                                      | 
|Dresdner RCM Monetaire                                                                |  | FRANCE              
|                                                                                      | 
|Dresdner Securitized Products GmbH, Frankfurt am Main                                 |  | GERMANY             
|                                                                                      | 
|Dresdner Stiftungstreuhand GmbH, Frankfurt am Main                                    |  | GERMANY             
|                                                                                      | 
|Dresdner U.S. Finance Inc, Wilmington/Delaware, New York                              |  | UNITED STATES       
|                                                                                      | 
|Dresdner UK Investments 2 B.V., Amsterdam                                             |  | NETHERLANDS         
|                                                                                      | 
|Dresdner UK Investments N.V., Amsterdam                                               |  | NETHERLANDS         
|                                                                                      | 
|Dresdner Versicherung GmbH, Dresden                                                   |  | GERMANY             
|                                                                                      | 
|Dresdner VPV N.V., Gouda                                                              |  | NETHERLANDS         
|                                                                                      | 
|Dritte SIB Beteiligungs-Aktiengesellschaft, Frankfurt am Main                         |  | GERMANY             
|                                                                                      | 
|E.U.R.L. D.O.F., Paris                                                                |  | FRANCE              
|                                                                                      | 
|EF Solutions LLC, New York                                                            |  | UNITED STATES       
|                                                                                      | 
|EH Colombia, Bogota D.C.                                                              |  | COLOMBIA            
|                                                                                      | 
|EH Credit Mgt Serv Ireland Ltd., Ballygowan, Dublin                                   |  | IRELAND             
|                                                                                      | 
|EH Management Services UK Ltd., London                                                |  | UNITED KINGDOM      
|                                                                                      | 
|Einunddreißigste DRESIB Beteiligungs-Gesellschaft mbH, Frankfurt a.M.                 |  | GERMANY             
|                                                                                      | 
|Elco Leasing Ltd, London                                                              |  | UNITED KINGDOM      
|                                                                                      | 
|ELF Technologies Limited, Dublin                                                      |  | IRELAND             
|                                                                                      | 
|ELSECO LIMITED C/O AZ SE, DUBAI                                                       |  | UNITED ARAB EMIRATES
|                                                                                      | 
|ELVIA Assistance GmbH, Wien                                                           |  | AUSTRIA             
|                                                                                      | 
|ELVIA Assistance Kft. (Ltd.), Budapest                                                |  | HUNGARY             
|                                                                                      | 
|ELVIA Assistance s.r.o., Prag                                                         |  | CZECH REPUBLIC      
|                                                                                      | 
|ELVIA ASSISTANCE SP. Z O.O., Warschau                                                 |  | POLAND              
|                                                                                      | 
|ELVIA Reiseversicherungs-Gesellschaft AG, Zürich                                      |  | SWITZERLAND         
|                                                                                      | 
|ELVIA Travel Insurance International N.V., Amsterdam                                  |  | NETHERLANDS         
|                                                                                      | 
|Emerald Global Inv.                                                                   |  | FRANCE              
|                                                                                      | 
|Energy Insurance Company Ltd., Sofia                                                  |  | BULGARIA            
|                                                                                      | 
|EP Euro-Projektentwicklungs GmbH & Co. Friedrichstadt-Passagen KG, Berlin             |  | GERMANY             
|                                                                                      | 
|EP Euro-Projektentwicklungs GmbH & Co. Objekt 1 KG, Frankfurt am Main                 |  | GERMANY             
|                                                                                      | 
|EP Euro-Projektentwicklungs GmbH & Co. Objekt Am Markt Chemnitz KG, Frankfurt am Main |  | GERMANY             
|                                                                                      | 
|EP Euro-Projektentwicklungs GmbH & Co. Objekt Köln-Porz KG, Frankfurt am Main         |  | GERMANY             
|                                                                                      | 
|EP Euro-Projektentwicklungs-Verwaltungs GmbH, Frankfurt am Main                       |  | GERMANY             
|                                                                                      | 
|Erste DRESIB Beteiligungs-Gesellschaft mbH, Frankfurt am Main                         |  | GERMANY             
|                                                                                      | 
|esa EuroShip Assekuradeurgesellschaft mbH, Bad Friedrichshall                       |  | GERMANY             
|                                                                                      | 
|ESA Cargo & Logistics GmbH, Bad Friedrichshall                                        |  | GERMANY             
|                                                                                      | 
|ETI First Source Limited, London                                                      |  | UNITED KINGDOM      
|                                                                                      | 
|ETI Australia Pty Ltd., Toowong-Australia                                             |  | AUSTRALIA           
|                                                                                      | 
|ETI International Limited, London                                                     |  | UNITED KINGDOM      
|                                                                                      | 
|ETI Property Limited, London                                                          |  | UNITED KINGDOM      



---

Exhibit 8.1 Fiscal year 2007



|                                                                    |  |                           
|------------------------------------------------------------------- |  | --------------------------
|ETI Sales Limited, London                                           |  | UNITED KINGDOM            
|                                                                    | 
|Etoile Foncière et Immobilière S.A.S.U., Paris                      |  | FRANCE                    
|                                                                    | 
|Euler & Hermes International Centre Limited, London                 |  | UNITED KINGDOM            
|                                                                    | 
|Euler Agent Limited, London                                         |  | UNITED KINGDOM            
|                                                                    | 
|Euler American Credit Indemnity Mexico, Granada                     |  | MEXICO                    
|                                                                    | 
|Euler do Brasil Seguros Exportacao, Sao Paulo                       |  | BRAZIL                    
|                                                                    | 
|Euler Gestion, Paris                                                |  | FRANCE                    
|                                                                    | 
|Euler Hermes ACI Holding, New York                                  |  | UNITED STATES             
|                                                                    | 
|Euler Hermes ACI Inc., Baltimore                                    |  | UNITED STATES             
|                                                                    | 
|Euler Hermes ACMAR Services, Casablanca                             |  | MOROCCO                   
|                                                                    | 
|EULER HERMES ARGENTINA, BUENOS AIRES                                |  | ARGENTINA                 
|                                                                    | 
|Euler Hermes Cashflow Solutions Limited, London                     |  | UNITED KINGDOM            
|                                                                    | 
|Euler Hermes Cescob Service s.r.o., Prague                          |  | CZECH REPUBLIC            
|                                                                    | 
|Euler Hermes Cescob, uverová pojistovna, a.s., Prague               |  | CZECH REPUBLIC            
|                                                                    | 
|Euler Hermes Collections UK Limited, London                         |  | UNITED KINGDOM            
|                                                                    | 
|EULER HERMES CREDIT INSURANCE AGENCY (S) PTE. LTD., Singapore       |  | SINGAPORE                 
|                                                                    | 
|EULER HERMES CREDIT INSURANCE BELGIUM S.A., Brüssel                 |  | BELGIUM                   
|                                                                    | 
|Euler Hermes Credit Services (JP) Ltd., Tokio                       |  | JAPAN                     
|                                                                    | 
|Euler Hermes Credit Underwriters Hong Kong Ltd., Hongkong           |  | CHINA                     
|                                                                    | 
|Euler Hermes Crédito Compañía de Seguros y Reaseguros, S.A., Madrid |  | SPAIN                     
|                                                                    | 
|EULER HERMES EMPORIKI SA, Athen                                     |  | GREECE                    
|                                                                    | 
|EULER HERMES EMPORIKI Services Ltd., Athènes                        |  | GREECE                    
|                                                                    | 
|Euler Hermes Forderungsmanagement GmbH, Hamburg                     |  | GERMANY                   
|                                                                    | 
|Euler Hermes Guarantee plc., Tonbridge                              |  | UNITED KINGDOM            
|                                                                    | 
|Euler Hermes Holdings UK plc, London                                |  | UNITED KINGDOM            
|                                                                    | 
|Euler Hermes Information Consulting (Shanghai) Co., Ltd., Shanghai  |  | CHINA                     
|                                                                    | 
|Euler Hermes Interborg N.V., Amsterdam                              |  | NETHERLANDS               
|                                                                    | 
|Euler Hermes International Ltd., London                             |  | UNITED KINGDOM            
|                                                                    | 
|Euler Hermes Kreditförsäkring Norden AB, Stockholm                  |  | SWEDEN                    
|                                                                    | 
|Euler Hermes Kreditversicherungs-AG, Hamburg                        |  | GERMANY                   
|                                                                    | 
|Euler Hermes Kreditverzekering N.V., Nederland                      |  | NETHERLANDS               
|                                                                    | 
|Euler Hermes Magyar Hitelbiztosító Rt., Budapest                    |  | HUNGARY                   
|                                                                    | 
|Euler Hermes Magyar Követeleskezelö Kft., Budapest                  |  | HUNGARY                   
|                                                                    | 
|Euler Hermes Rating GmbH, Hamburg                                   |  | GERMANY                   
|                                                                    | 
|Euler Hermes Réinsurance, Zürich                                    |  | SWITZERLAND               
|                                                                    | 
|Euler Hermes Risk Services UK Limited, London                       |  | UNITED KINGDOM            
|                                                                    | 
|EULER HERMES RISK YÖNETIMI, ISTANBUL                                |  | TURKEY                    
|                                                                    | 
|Euler Hermes S.A., Paris                                            |  | FRANCE                    
|                                                                    | 
|Euler Hermes Seguros de Crédito S.A., Granada                       |  | MEXICO                    
|                                                                    | 
|Euler Hermes Seguros de Crédito S.A., Sao Paulo                     |  | BRAZIL                    
|                                                                    | 
|Euler Hermes Services (HK) Limited, Hong Kong                       |  | HONG KONG                 
|                                                                    | 
|Euler Hermes Services AG, Zürich                                    |  | SWITZERLAND               
|                                                                    | 
|Euler Hermes Services B.V., Hertogenbosch                           |  | NETHERLANDS               
|                                                                    | 
|Euler Hermes Services Baltic UAB, Vilnius                           |  | LITHUANIA                 
|                                                                    | 
|Euler Hermes Services Belgium S.A., Bruxelles                       |  | BELGIUM                   
|                                                                    | 
|Euler Hermes Services Estonia OÜ, Tallinn                           |  | ESTONIA                   
|                                                                    | 
|Euler Hermes Services Latvija SIA, Riga                             |  | LATVIA                    
|                                                                    | 
|Euler Hermes Services S.A.S., Paris                                 |  | FRANCE                    
|                                                                    | 
|Euler Hermes Servicii Financiare, Bukarest                          |  | ROMANIA                   
|                                                                    | 
|Euler Hermes Servicios de Crédito, S.L., Madrid                     |  | SPAIN                     
|                                                                    | 
|Euler Hermes Servicos Ltda, Sao Paulo                               |  | BRAZIL                    
|                                                                    | 
|Euler Hermes Servis, s.r.o., Bratislava                             |  | SLOVAKIA (Slovak Republic)
|                                                                    | 
|Euler Hermes SFAC Crédit S.A.S., Paris                              |  | FRANCE                    
|                                                                    | 
|Euler Hermes SFAC Recouvrement S.A.S., Paris                        |  | FRANCE                    
|                                                                    | 
|Euler Hermes SFAC S.A., Paris                                       |  | FRANCE                    
|                                                                    | 
|Euler Hermes SIAC S.p.A., Rom                                       |  | ITALY                     
|                                                                    | 
|Euler Hermes Trade Credit, Auckland                                 |  | NEW ZEALAND               



---

Exhibit 8.1 Fiscal year 2007



|                                                              |  |               
|------------------------------------------------------------- |  | --------------
|Euler Hermes Trade Credit, Underwriting Agents, Sydney        |  | AUSTRALIA     
|                                                              | 
|Euler Hermes UK plc, London                                   |  | UNITED KINGDOM
|                                                              | 
|Euler Hermes World Agency SASU, Paris                         |  | FRANCE        
|                                                              | 
|Euler Hermes Zarzadzanie Ryzkiem Sp. z o.o., Warschau         |  | POLAND        
|                                                              | 
|Euler Hermes, Anna KozinskaKancelaria Prawna sp.k., Warschau |  | POLAND        
|                                                              | 
|Euler Incorporation Inc., Baltimore                           |  | UNITED STATES 
|                                                              | 
|Euler Re, Senningerberg                                       |  | LUXEMBOURG    
|                                                              | 
|Euler SFAC Asset Management, Paris                            |  | FRANCE        
|                                                              | 
|Euler Tech, Nanterre                                          |  | FRANCE        
|                                                              | 
|Euler UK Group Services Limited, London                       |  | UNITED KINGDOM
|                                                              | 
|Eurl 20/22 Le Peletier, Paris                                 |  | FRANCE        
|                                                              | 
|EURO GESTION                                                  |  | FRANCE        
|                                                              | 
|EUROGRAFICA Systemplanungs-GmbH, Augsburg                     |  | GERMANY       
|                                                              | 
|European Credit Underwriters Limited, London                  |  | UNITED KINGDOM
|                                                              | 
|European Properties Inc., London                              |  | UNITED KINGDOM
|                                                              | 
|European Venture Partners (General Partner) Ltd, London       |  | UNITED KINGDOM
|                                                              | 
|European Venture Partners (Holdings) Ltd, St. Helier/Jersey   |  | UNITED KINGDOM
|                                                              | 
|European Venture Partners (Israel) Limited, Tel Aviv          |  | UNITED KINGDOM
|                                                              | 
|European Venture Partners LP, London                          |  | UNITED KINGDOM
|                                                              | 
|European Venture Partners Ltd, London                         |  | UNITED KINGDOM
|                                                              | 
|Eurovida S.A. Compañía de Seguros y Reaseguros, Madrid        |  | SPAIN         
|                                                              | 
|F Jupiter SAS, Paris                                          |  | FRANCE        
|                                                              | 
|FAF Inc., Grand Cayman                                        |  | CAYMAN ISLANDS
|                                                              | 
|FAI Allianz Ltd, Sydney                                       |  | AUSTRALIA     
|                                                              | 
|Failure & Risk Consulting GmbH, Ismaning                      |  | GERMANY       
|                                                              | 
|Felix Ltd, George Town/Grand Cayman                           |  | UNITED KINGDOM
|                                                              | 
|Fenchurch Fiduciaries Ltd, St. Helier/Jersey                  |  | UNITED KINGDOM
|                                                              | 
|Fenchurch Finance Ltd, St. Helier/Jersey                      |  | UNITED KINGDOM
|                                                              | 
|Fenchurch International Holdings Ltd, St. Helier/Jersey       |  | UNITED KINGDOM
|                                                              | 
|Fenchurch Nominees (SINGAPORE) pte Limited, Singapur          |  | SINGAPORE     
|                                                              | 
|Fenchurch Nominees Ltd, London                                |  | UNITED KINGDOM
|                                                              | 
|Fenchurch Nominees Ltd, St. Helier/Jersey                     |  | UNITED KINGDOM
|                                                              | 
|Fenchurch Trust Ltd, St. Helier/Jersey                        |  | UNITED KINGDOM
|                                                              | 
|Fendrake Ltd, London                                          |  | UNITED KINGDOM
|                                                              | 
|Fenix Directo Compania de Seguros y Reaseguros S.A., Madrid   |  | SPAIN         
|                                                              | 
|FFIC of Bermuda, Bermuda                                      |  | BERMUDA       
|                                                              | 
|FI Institucional Renda Fixa, Sao Paolo                        |  | BRAZIL        
|                                                              | 
|Fiduciaria Colseguros, Bogota                                 |  | COLOMBIA      
|                                                              | 
|FIF Sudameris Finance Shares                                  |  | BRAZIL        
|                                                              | 
|Financiere AGF, Paris                                         |  | FRANCE        
|                                                              | 
|Finanztrust AG, Glarus                                        |  | GERMANY       
|                                                              | 
|Firemans Fund Financial Services, Dallas                     |  | UNITED STATES 
|                                                              | 
|Firemans Fund Indemnity Corporation, New Jersey              |  | UNITED STATES 
|                                                              | 
|Firemans Fund Insurance Company of Georgia, Georgia          |  | UNITED STATES 
|                                                              | 
|Firemans Fund Insurance Company of Hawaii, Inc., Hawaii      |  | UNITED STATES 
|                                                              | 
|Firemans Fund Insurance Company of Louisiana, Louisiana      |  | UNITED STATES 
|                                                              | 
|Firemans Fund Insurance Company of Ohio, Ohio                |  | UNITED STATES 
|                                                              | 
|Firemans Fund Insurance Company, Novato                      |  | UNITED STATES 
|                                                              | 
|First Call Direct Limited, Dublin                             |  | IRELAND       
|                                                              | 
|First Rate Direct Limited, Belfast                            |  | UNITED KINGDOM
|                                                              | 
|Fitrust, Fiduciaire et Trustee SA, Genf                       |  | SWITZERLAND   
|                                                              | 
|FLORALIS                                                      |  | FRANCE        
|                                                              | 
|FRAGONARD ASSURANCE, Paris                                    |  | FRANCE        
|                                                              | 
|Frank Nominees Ltd, London                                    |  | UNITED KINGDOM
|                                                              | 
|Frey printcom GmbH, Lauf a.d. Pegnitz                         |  | GERMANY       
|                                                              | 
|Fundatia Allianz pentru Romania, Bucharest                    |  | ROMANIA       
|                                                              | 
|Fünfzehnte FraMü Beteiligungs GmbH, Frankfurt a.M.            |  | GERMANY       
|                                                              | 
|G.I.T. Uniphénix, Paris                                       |  | FRANCE        
|                                                              | 
|Gaipare Action                                                |  | FRANCE        
|                                                              | 
|Gaipare Diffusion, Paris La Défense                           |  | FRANCE        



---

Exhibit 8.1 Fiscal year 2007



|                                                                                            |  |               
|------------------------------------------------------------------------------------------- |  | --------------
|GamePlan Financial Marketing, LLC, Woodstock                                                |  | UNITED STATES 
|                                                                                            | 
|Gamma-Vermögensverwaltungsgesellschaft mbH, München                                         |  | GERMANY       
|                                                                                            | 
|GbR Berlin Pariser Platz 5a/6, Berlin                                                       |  | GERMANY       
|                                                                                            | 
|GE.SI Gestione Sistemi Informatici S.p.c.A., Milano                                         |  | ITALY         
|                                                                                            | 
|Générale Viagère, Strasbourg                                                                |  | FRANCE        
|                                                                                            | 
|Generali Investissement (C)                                                                 |  | FRANCE        
|                                                                                            | 
|Generation Vie, Paris                                                                       |  | FRANCE        
|                                                                                            | 
|GENIALLOYD S.p.A., Mailand                                                                  |  | ITALY         
|                                                                                            | 
|GENUJO LOK Beteiligungs GmbH, Frankfurt am Main                                             |  | GERMANY       
|                                                                                            | 
|GENUJO Sechste Beteiligungs GmbH, Frankfurt am Main                                         |  | GERMANY       
|                                                                                            | 
|GENUJO Vierte Beteiligungs GmbH, Frankfurt am Main                                          |  | GERMANY       
|                                                                                            | 
|German Real Estate Equity Fund I                                                            |  | GERMANY       
|                                                                                            | 
|Gesellschaft für Vorsorgeberatung, Bern                                                     |  | SWITZERLAND   
|                                                                                            | 
|Gestiass S.r.l., Turin                                                                      |  | ITALY         
|                                                                                            | 
|GIE Dresdner Bank Gestions France, Paris                                                    |  | FRANCE        
|                                                                                            | 
|GIE Dresdner Kleinwort France, Paris                                                        |  | FRANCE        
|                                                                                            | 
|GIE Victoria Aéronautique, Paris                                                            |  | FRANCE        
|                                                                                            | 
|GIM Grundwert Immobilien Management GmbH, Frankfurt am Main                                 |  | GERMANY       
|                                                                                            | 
|GKB (General Partner) Limited, Guernsey                                                     |  | UNITED KINGDOM
|                                                                                            | 
|Global Transport & Automotive Insurance Solutions Inc., Sydney                              |  | AUSTRALIA     
|                                                                                            | 
|Go Express Distributione Automatica S.p.A., Milan                                           |  | ITALY         
|                                                                                            | 
|GOUGH FABRICATIONS LIMITED, London                                                          |  | UNITED KINGDOM
|                                                                                            | 
|grapho metronic Mess- und Regeltechnik GmbH, München                                        |  | GERMANY       
|                                                                                            | 
|Grassroots                                                                                  |  | FRANCE        
|                                                                                            | 
|Gresham Leasing March (1) Ltd., London                                                      |  | UNITED KINGDOM
|                                                                                            | 
|Gresham Leasing March (2) Ltd, London                                                       |  | UNITED KINGDOM
|                                                                                            | 
|Grundstücksgesellschaft der Vereinten Versicherungen mbH, München                           |  | GERMANY       
|                                                                                            | 
|Grundstücks-Gesellschaft mbH, Oldenburg                                                     |  | GERMANY       
|                                                                                            | 
|GTSGESTION DE TELESECURITE ET DE SERVICES S.A., Chatillon                                  |  | FRANCE        
|                                                                                            | 
|Guernsey Nominees Ltd, St. Peter Port/Guernsey                                              |  | UNITED KINGDOM
|                                                                                            | 
|GVP Grundwert Verwaltungs- und Projektentwicklungs GmbH, Frankfurt am Main                  |  | GERMANY       
|                                                                                            | 
|Hamudi S.A., Madrid                                                                         |  | FRANCE        
|                                                                                            | 
|Hardy Beteiligungs-Gesellschaft mbH, Frankfurt am Main                                      |  | GERMANY       
|                                                                                            | 
|Hauteville Insurance Company Limited, Guernsey, Channel Islands                             |  | UNITED KINGDOM
|                                                                                            | 
|Havelaar et Van Stolk B.V., Rotterdam                                                       |  | NETHERLANDS   
|                                                                                            | 
|HELVIASS Verzekeringen BV, Rotterdam                                                        |  | NETHERLANDS   
|                                                                                            | 
|Herradura Ltd, London                                                                       |  | UNITED KINGDOM
|                                                                                            | 
|Hilary Nominees Ltd, St. Helier/Jersey                                                      |  | UNITED KINGDOM
|                                                                                            | 
|Histel Beteiligungs GmbH, Frankfurt am Main                                                 |  | GERMANY       
|                                                                                            | 
|Hohensyburg Ltd., Dublin                                                                    |  | IRELAND       
|                                                                                            | 
|HOLMES DROLLED LIMITED, London                                                              |  | UNITED KINGDOM
|                                                                                            | 
|Home & Legacy (Holdings) Limited, London                                                    |  | UNITED KINGDOM
|                                                                                            | 
|Home & Legacy Insurance Services Limited, London                                            |  | UNITED KINGDOM
|                                                                                            | 
|Home Management Inc., Belize City                                                           |  | BELIZE        
|                                                                                            | 
|Honeywell Grundbesitzverwaltungs-GmbH & Co. Vermietungs-KG, Grünwald                        |  | GERMANY       
|                                                                                            | 
|Hungária Biztosító Számitástechnikai Kft. (Hungária EDV-Betriebsgesellschaft mbH), Budapest |  | HUNGARY       
|                                                                                            | 
|Hunter Premium Funding Ltd., Sydney                                                         |  | AUSTRALIA     
|                                                                                            | 
|Idilias SPC Inc., George Town                                                               |  | CAYMAN ISLANDS
|                                                                                            | 
|IDR Actions Euros                                                                           |  | FRANCE        
|                                                                                            | 
|IDS GmbHAnalysis and Reporting Services, München                                           |  | GERMANY       
|                                                                                            | 
|Ilium Finance Limited, Gibralta                                                             |  | UNITED KINGDOM
|                                                                                            | 
|Immovalor Gestion S.A., Paris                                                               |  | FRANCE        
|                                                                                            | 
|Informatica Y Servicios Financieros S.A. (Insesa), Madrid                                   |  | SPAIN         
|                                                                                            | 
|Insolvency Risk Insurance Services Limited, London                                          |  | UNITED KINGDOM
|                                                                                            | 
|Insolvency Risk Management Limited, London                                                  |  | UNITED KINGDOM



---

Exhibit 8.1 Fiscal year 2007



|                                                                                      |  |                           
|------------------------------------------------------------------------------------- |  | --------------------------
|Insurance Company Progress Garant, Moskau                                           |  | RUSSIAN FEDERATION        
|                                                                                      | 
|Insurance Joint Stock Company Allianz, Moskau                                       |  | RUSSIAN FEDERATION        
|                                                                                      | 
|Intermediass S.r.l., Mailand                                                          |  | ITALY                     
|                                                                                      | 
|International Film Guarantors Reinsurance Ltd., Bermuda                               |  | BERMUDA                   
|                                                                                      | 
|International Film Guarantors, LLC, California                                        |  | UNITED STATES             
|                                                                                      | 
|International Film Guarantors, Ltd., UK, London                                       |  | UNITED KINGDOM            
|                                                                                      | 
|Interstate Fire & Casualty Company, Illinois                                          |  | UNITED STATES             
|                                                                                      | 
|Interstate Indemnity Company, Illinois                                                |  | UNITED STATES             
|                                                                                      | 
|INVCO SAS, Paris                                                                      |  | FRANCE                    
|                                                                                      | 
|Inverciones Dresdner Kleinwort Chile Ltda., Santiago de Chile                         |  | CHILE                     
|                                                                                      | 
|Inveresk Stockholders Ltd, Edinburgh                                                  |  | UNITED KINGDOM            
|                                                                                      | 
|INVESTITORI SGR S.p.a., Milan                                                         |  | ITALY                     
|                                                                                      | 
|Ionia Capital Plc, Dublin                                                             |  | IRELAND                   
|                                                                                      | 
|ITEB B.V., Gouda                                                                      |  | NETHERLANDS               
|                                                                                      | 
|IXIS Oakmark Global                                                                   |  | FRANCE                    
|                                                                                      | 
|Jefferson Insurance Company of N.Y., New York                                         |  | UNITED STATES             
|                                                                                      | 
|Jota-Vermögensverwaltungsgesellschaft mbH, München                                    |  | GERMANY                   
|                                                                                      | 
|JSC Insurance Company ATF POLICY, Almaty                                            |  | KAZAKHSTAN                
|                                                                                      | 
|Justine Capital inc., Milan                                                           |  | ITALY                     
|                                                                                      | 
|Kalmus Grundstücks Gesellschaft Objekt KG                                             |  | GERMANY                   
|                                                                                      | 
|KB (C.I.) Nominees Ltd, St. Helier/Jersey                                             |  | UNITED KINGDOM            
|                                                                                      | 
|KBEMF (GP) Ltd, London                                                                |  | UNITED KINGDOM            
|                                                                                      | 
|KBEMF II (Guernsey) Ltd, St. Peter Port                                               |  | UNITED KINGDOM            
|                                                                                      | 
|KBIM (IT) Nominees Ltd, London                                                        |  | UNITED KINGDOM            
|                                                                                      | 
|KBIM General Nominees Ltd, London                                                     |  | UNITED KINGDOM            
|                                                                                      | 
|KBIM Standby Nominees Ltd, London                                                     |  | UNITED KINGDOM            
|                                                                                      | 
|KBPB Nominees Limited, London                                                         |  | UNITED KINGDOM            
|                                                                                      | 
|KEVA spol. s.r.o., Bratislava                                                         |  | SLOVAKIA (Slovak Republic)
|                                                                                      | 
|Kiinteistöoasakeyhtiö Eteläesplanadi 2, Helsinki                                      |  | FINLAND                   
|                                                                                      | 
|Kleinwort Benson (Channel Islands) Business Services Limited, St. Peter Port/Guernsey |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (Channel Islands) Corporate Services Limited, St. Helier/Jersey      |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (Channel Islands) Fund Services Limited, St. Peter Port/Guernsey     |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (Channel Islands) Investment Management Limited, St. Helier          |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (Channel Islands) Ltd., St. Helier/Jersey                            |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (Channel Islands) Pension Trustees Limited, St. Peter Port/Guernsey  |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (Channel Islands) Trustees Limited, St. Peter Port                   |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (Guernsey) Corporate Services Limited, St. Peter Port/Guernsey       |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (Guernsey) Ltd, St. Peter Port/Guernsey                              |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (Guernsey) Services Ltd, St. Peter Port/Guernsey                     |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (Guernsey) Trustees (1997) Limited, St. Peter Port/Guernsey          |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (Guernsey) Trustees Ltd, St. Peter Port/Guernsey                     |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (Hong Kong) Trustees Ltd, Hongkong                                   |  | HONG KONG                 
|                                                                                      | 
|Kleinwort Benson (Jersey) Asset Managers Ltd, St. Helier/Jersey                       |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (Jersey) Fund Services Limited, St. Helier/Jersey                    |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (Jersey) Services Ltd, St. Helier/Jersey                             |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (Jersey) Trustees (1997) Limited, St. Helier/Jersey                  |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (Jersey) Trustees Ltd, St. Helier/Jersey                             |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (UK) Trustees Limited, London                                        |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson (USA) Inc., New York                                                 |  | UNITED STATES             
|                                                                                      | 
|Kleinwort Benson Channel Islands Holdings Ltd., St. Peter Port/Guernsey               |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson Farmland Trust (Managers) Ltd, London                                |  | UNITED KINGDOM            
|                                                                                      | 
|Kleinwort Benson Financial Services Ltd, London                                       |  | UNITED KINGDOM            



---

Exhibit 8.1 Fiscal year 2007



|                                                                                 |  |                   
|-------------------------------------------------------------------------------- |  | ------------------
|Kleinwort Benson Gilts Ltd, London                                               |  | UNITED KINGDOM    
|                                                                                 | 
|Kleinwort Benson International Corporation Limited, St. Peter Port               |  | UNITED KINGDOM    
|                                                                                 | 
|Kleinwort Benson International Trustees Ltd, New Brunswick                       |  | UNITED KINGDOM    
|                                                                                 | 
|Kleinwort Benson Private Bank Limited, London                                    |  | UNITED KINGDOM    
|                                                                                 | 
|Kleinwort Benson Trustees Ltd, London                                            |  | UNITED KINGDOM    
|                                                                                 | 
|Kleinwort Benson Unit Trusts Ltd, London                                         |  | UNITED KINGDOM    
|                                                                                 | 
|Kleinwort, Benson (Switzerland) Trustees Ltd., Genf                              |  | SWITZERLAND       
|                                                                                 | 
|KNIGHTSBRIDGE ALLIANZ LP, Delaware                                               |  | UNITED STATES     
|                                                                                 | 
|Knowlfa Ltd, St. Helier/Jersey                                                   |  | UNITED KINGDOM    
|                                                                                 | 
|Kookaburra Capital SARL (Luxemburg)                                              |  | LUXEMBOURG        
|                                                                                 | 
|KTC Kommunikations- und Trainings-Center Königstein GmbH, Königstein             |  | GERMANY           
|                                                                                 | 
|L.A. PARTECIPAZIONI e SERVIZI, Trieste                                           |  | ITALY             
|                                                                                 | 
|LA FIN SIM S.P.A., Trieste                                                       |  | ITALY             
|                                                                                 | 
|LA RURALE, Charenton-le-Pont                                                     |  | FRANCE            
|                                                                                 | 
|LA VITA, Trieste                                                                 |  | ITALY             
|                                                                                 | 
|LAMINA Grundstücks-Verwaltungsgesellschaft mbH & Co. Objekt Leipzig KG, Grünwald |  | GERMANY           
|                                                                                 | 
|Langbourn Nominees Ltd, London                                                   |  | UNITED KINGDOM    
|                                                                                 | 
|Langdale Nominees Ltd, St. Peter Port/Guernsey                                   |  | UNITED KINGDOM    
|                                                                                 | 
|Langham Nominees Ltd, St. Peter Port                                             |  | UNITED KINGDOM    
|                                                                                 | 
|Laodicea II LLC, Delaware                                                        |  | UNITED STATES     
|                                                                                 | 
|Laodicea LLC                                                                     |  | UNITED STATES     
|                                                                                 | 
|Larose Trintaudon Chile S.A., Santiago                                           |  | CHILE             
|                                                                                 | 
|LAssicuratrice Italiana Danni, Mailand                                          |  | ITALY             
|                                                                                 | 
|LAssicuratrice Italiana Vita S.p.A., Mailand                                    |  | ITALY             
|                                                                                 | 
|Le Cottage                                                                       |  | FRANCE            
|                                                                                 | 
|Le Profil des Profils                                                            |  | FRANCE            
|                                                                                 | 
|Life Sales, LLC                                                                  |  | UNITED STATES     
|                                                                                 | 
|Liffey Emmerald, London                                                          |  | UNITED KINGDOM    
|                                                                                 | 
|Limited Liability Company Professional Management Services, Moscow             |  | RUSSIAN FEDERATION
|                                                                                 | 
|Lisa Synthetic CDO 2002-1 B.V., Amsterdam                                        |  | GERMANY           
|                                                                                 | 
|Livingstone Motgages Ltd., London                                                |  | UNITED KINGDOM    
|                                                                                 | 
|LLC Allianz Asset Management, Moscow                                           |  | RUSSIAN FEDERATION
|                                                                                 | 
|LLOYD ADRIATICO REAL ESTATE S.p.A., Trieste                                      |  | ITALY             
|                                                                                 | 
|Lloyd Adriatico S.p.A., Triest                                                   |  | ITALY             
|                                                                                 | 
|Local Market Financial Investment Fund, Sao Paulo                                |  | BRAZIL            
|                                                                                 | 
|LOFRA GmbH & Co.KG, Frankfurt am Main                                            |  | GERMANY           
|                                                                                 | 
|LOFRA Verwaltungs-Gesellschaft mbH, Frankfurt a.M.                               |  | GERMANY           
|                                                                                 | 
|LOGICA SOFTWARE SRL, Reggio Emilia                                               |  | ITALY             
|                                                                                 | 
|London Verzekeringen N.V., Amsterdam                                             |  | NETHERLANDS       
|                                                                                 | 
|LUFRA Beteiligungsholding AG, Zürich                                             |  | SWITZERLAND       
|                                                                                 | 
|Lufthansa Leasing GmbH & Co. Echo-Oscar KG, Grünwald                             |  | GERMANY           
|                                                                                 | 
|Lufthansa Leasing GmbH & Co. Echo-Papa KG, Grünwald                              |  | GERMANY           
|                                                                                 | 
|LYXOR HÖCHSTSTANDSGARANT. 2018                                                   |  | FRANCE            
|                                                                                 | 
|LYXOR HÖCHSTSTANDSGARANT. 2021                                                   |  | FRANCE            
|                                                                                 | 
|LYXOR Höchststandsgarantie 2020                                                  |  | FRANCE            
|                                                                                 | 
|LYXOR Höchststandsgarantie 2022                                                  |  | FRANCE            
|                                                                                 | 
|LYXOR HÖCHSTSTANDSGARANTIEF. 2019                                                |  | FRANCE            
|                                                                                 | 
|M.R. Print Management Ltd., Guildford                                            |  | UNITED KINGDOM    
|                                                                                 | 
|Magpie Rose Limited, London                                                      |  | UNITED KINGDOM    
|                                                                                 | 
|MAN Roland (China) Ltd., Hongkong                                                |  | CHINA             
|                                                                                 | 
|MAN Roland (India) Pvt. Ltd., New Delhi                                          |  | INDIA             
|                                                                                 | 
|MAN Roland (Korea) Ltd., Seoul                                                   |  | KOREA, REPUBLIC OF
|                                                                                 | 
|MAN Roland (Shanghai) Ltd., Shanghai                                             |  | CHINA             
|                                                                                 | 
|MAN Roland (Shenzhen) Ltd., Shenzhen                                             |  | CHINA             
|                                                                                 | 
|MAN Roland (Taiwan) Ltd., Taipeh Hsien                                           |  | TAIWAN            
|                                                                                 | 
|MAN Roland Asia Pacific, Kuala Lumpur                                            |  | MALAYSIA          
|                                                                                 | 
|MAN Roland Benelux N.V., Wemmel                                                  |  | BELGIUM           





---

Exhibit 8.1 Fiscal year 2007



|                                                                              |  |                               
|----------------------------------------------------------------------------- |  | ------------------------------
|MAN Roland Bulgaria-eood, Sofia                                               |  | BULGARIA                      
|                                                                              | 
|MAN Roland Canada Inc., Toronto                                               |  | CANADA                        
|                                                                              | 
|MAN Roland CEE AG, Wien                                                       |  | AUSTRIA                       
|                                                                              | 
|MAN Roland Ceská Republika spol. S.r.o., Praha                                |  | CZECH REPUBLIC                
|                                                                              | 
|MAN Roland Danmark A/S, Vaerloese                                             |  | DENMARK                       
|                                                                              | 
|MAN Roland Druckmaschinen AG, Offenbach                                       |  | GERMANY                       
|                                                                              | 
|MAN Roland Finland Oy, Vantaa                                                 |  | FINLAND                       
|                                                                              | 
|MAN Roland France SAS, Cedex                                                  |  | FRANCE                        
|                                                                              | 
|MAN Roland Great Britain Ltd., Mitcham, Surrey                                |  | UNITED KINGDOM                
|                                                                              | 
|MAN Roland Heusenstamm GmbH, Heusenstamm                                      |  | GERMANY                       
|                                                                              | 
|MAN Roland Hrvatska d.o.o., Novaki-SV. Nedjelja                               |  | CROATIA (local name: Hrvatska)
|                                                                              | 
|MAN Roland Inc., Westmont/Illinois                                            |  | UNITED STATES                 
|                                                                              | 
|MAN Roland Italia SpA, Segrate-Milan                                          |  | ITALY                         
|                                                                              | 
|MAN Roland Magyarorszag Kft., Budapest                                        |  | HUNGARY                       
|                                                                              | 
|MAN Roland Norgen AS, Lörenskog                                               |  | NORWAY                        
|                                                                              | 
|MAN Roland Poland Sp. z.o.o., Nadarzyn                                        |  | POLAND                        
|                                                                              | 
|MAN Roland Polska Sp. z.o.o., Nadarzyn                                        |  | POLAND                        
|                                                                              | 
|MAN Roland Portugal Lda., Cascais                                             |  | PORTUGAL                      
|                                                                              | 
|MAN Roland Romania S.R.L., Bukarest                                           |  | ROMANIA                       
|                                                                              | 
|MAN Roland Rotations Vertriebs GmbH Nord, Hamburg                             |  | GERMANY                       
|                                                                              | 
|MAN Roland Sistemas S.L., Madrid                                              |  | SPAIN                         
|                                                                              | 
|MAN Roland Slovenija d.o.o., Ljubljana                                        |  | SLOVENIA                      
|                                                                              | 
|MAN Roland Sverige AB, Trollhättan                                            |  | SWEDEN                        
|                                                                              | 
|MAN Roland Swiss AG, Kirchberg                                                |  | SWITZERLAND                   
|                                                                              | 
|MAN Roland Versicherungsvermittlungs GmbH, Offenbach                          |  | GERMANY                       
|                                                                              | 
|MAN Roland Vertrieb und Service GmbH, Mühlheim am Main                        |  | GERMANY                       
|                                                                              | 
|MAN Roland Vertrieb und Servicegesellschaft Süddeutschland mbH, München       |  | GERMANY                       
|                                                                              | 
|Man Roland Western Europe Group B.V., Amsterdam                               |  | NETHERLANDS                   
|                                                                              | 
|Mandas No. 2, London                                                          |  | UNITED KINGDOM                
|                                                                              | 
|Mandas Receivables No.2 Limited                                               |  | UNITED KINGDOM                
|                                                                              | 
|Märkische Windkraft 17 GmbH & Co KG, Schönwalde                               |  | GERMANY                       
|                                                                              | 
|Märkische Windkraft 25 GmbH & Co. KG, Schönwalde                              |  | GERMANY                       
|                                                                              | 
|Marlyna Ltd, London                                                           |  | UNITED KINGDOM                
|                                                                              | 
|Martin Maurel Vie, Paris                                                      |  | FRANCE                        
|                                                                              | 
|Marylebone Commercial Finance, London                                         |  | UNITED KINGDOM                
|                                                                              | 
|Mauritius Island, Mascareignes Services Assistance- MSA Ltd., Port Louis      |  | MAURITIUS                     
|                                                                              | 
|McGee Insurance Co. (Bermuda) Ltd., Hamilton                                  |  | UNITED STATES                 
|                                                                              | 
|Medexpress Plus, Saint-Petersburg                                             |  | RUSSIAN FEDERATION            
|                                                                              | 
|Medexpress Service, St.Petersb                                                |  | RUSSIAN FEDERATION            
|                                                                              | 
|Medexpress, Saint-Petersburg                                                  |  | RUSSIAN FEDERATION            
|                                                                              | 
|Medibroker, s.r.o. Bratislava                                                 |  | SLOVAKIA (Slovak Republic)    
|                                                                              | 
|Medical Express Lebanon, Beirut                                               |  | LEBANON                       
|                                                                              | 
|Medisalud Compania Colombiana de Medicina Prepagada S.A., Bogotá D.C.         |  | COLOMBIA                      
|                                                                              | 
|Medvantis AG, Bern                                                            |  | SWITZERLAND                   
|                                                                              | 
|Menza Grundstücks-Verwaltungsgesellschaft mbH, Stuttgart                      |  | GERMANY                       
|                                                                              | 
|MERCOSUL ASSISTANCE ARGENTINE, Buenos Aires                                   |  | ARGENTINA                     
|                                                                              | 
|MERCOSUL, Centro/Brazil                                                       |  | BRAZIL                        
|                                                                              | 
|MERKUR Grundstücks-Gesellschaft mbH, Frankfurt am Main                        |  | GERMANY                       
|                                                                              | 
|MERKUR Grundstücks-Gesellschaft Objekt Berlin Lange Straße KG, Berlin         |  | GERMANY                       
|                                                                              | 
|MERLAN Mobilien-Verwaltungsgesellschaft mbH & Co. Projekt Nr. 16 KG, Grünwald |  | GERMANY                       
|                                                                              | 
|Mertus Zweite GmbH, Frankfurt                                                 |  | GERMANY                       
|                                                                              | 
|META Finanz-Informationssysteme GmbH, München                                 |  | GERMANY                       
|                                                                              | 
|METALLRENTE FONDS PORTFOLIO                                                   |  | LUXEMBOURG                    
|                                                                              | 
|MetallRente Pensionsfonds AG i.G., Stuttgart                                  |  | GERMANY                       
|                                                                              | 
|Millea Mondial Co Ltd., Tokyo                                                 |  | JAPAN                         



---

Exhibit 8.1 Fiscal year 2007



|                                                                                                |  |                   
|----------------------------------------------------------------------------------------------- |  | ------------------
|MM Composition Amerique                                                                         |  | FRANCE            
|                                                                                                | 
|MMI Worksafe (Malaysia) Sdn Bhd, Kuala Lumpur                                                   |  | MALAYSIA          
|                                                                                                | 
|Mole Finance Inc., Grand Cayman                                                                 |  | CAYMAN ISLANDS    
|                                                                                                | 
|Mondial Assistance (UK) Limited, Croydon Surrey (MAUK)                                          |  | UNITED KINGDOM    
|                                                                                                | 
|Mondial Assistance AG, Wallisellen                                                              |  | SWITZERLAND       
|                                                                                                | 
|Mondial Assistance Australia Holding Pty Ltd., Toowong-Australia                                |  | AUSTRALIA         
|                                                                                                | 
|MONDIAL ASSISTANCE B.V., Amsterdam                                                              |  | NETHERLANDS       
|                                                                                                | 
|Mondial Assistance Beijing Services Co. Ltd., Beijing                                           |  | CHINA             
|                                                                                                | 
|Mondial Assistance Deutschland GmbH, München                                                    |  | GERMANY           
|                                                                                                | 
|Mondial Assistance France SAS, Paris                                                            |  | FRANCE            
|                                                                                                | 
|MONDIAL ASSISTANCE ITALIA S.P.A., Mailand                                                       |  | ITALY             
|                                                                                                | 
|Mondial Assistance OOO, Moscow                                                                  |  | RUSSIAN FEDERATION
|                                                                                                | 
|Mondial Assistance Portugal - Serviços Assistencia Ldt., Paco de Aros                           |  | PORTUGAL          
|                                                                                                | 
|Mondial Assistance Réunion S.A., Saint Denise                                                   |  | FRANCE            
|                                                                                                | 
|Mondial Assistance S.A.S., Paris Cedex                                                          |  | FRANCE            
|                                                                                                | 
|Mondial Assistance Seguros y Reaseguros de Riesgos Diversos, Sociedada anonyma unipers., Madrid |  | SPAIN             
|                                                                                                | 
|Mondial Mexico S.A. de C.V., Mexico D.F.                                                        |  | MEXICO            
|                                                                                                | 
|Mondial Protection Corretora de Seguros Ltda., Centro                                           |  | BRAZIL            
|                                                                                                | 
|MONDIAL SERVICE ITALIA S.R.L., Mailand                                                          |  | ITALY             
|                                                                                                | 
|Mondial Services (India) Private Limited, New Delhi                                             |  | INDIA             
|                                                                                                | 
|Mondial Servicios S.A. de C.V., Mexico D.F.                                                     |  | MEXICO            
|                                                                                                | 
|MONEGER SA, Dakar                                                                               |  | SENEGAL           
|                                                                                                | 
|Morris (S.P.) Holdings Ltd, London                                                              |  | UNITED KINGDOM    
|                                                                                                | 
|MPV Automaten GmbH, Queis                                                                       |  | GERMANY           
|                                                                                                | 
|MS GL SM Cap Val                                                                                |  | FRANCE            
|                                                                                                | 
|Münchener und Magdeburger Agrarversicherung Aktiengesellschaft, München                         |  | GERMANY           
|                                                                                                | 
|Münsterländische Bank Thie & Co. KG., Münster                                                   |  | GERMANY           
|                                                                                                | 
|National Surety Corporation, Illinios                                                           |  | UNITED STATES     
|                                                                                                | 
|NEM Insurance Ireland, Dublin                                                                   |  | IRELAND           
|                                                                                                | 
|Nemian Life & Pensions S.A., Luxembourg                                                         |  | NETHERLANDS       
|                                                                                                | 
|Neunte SIB Beteiligungs-Aktiengesellschaft, Frankfurt am Main                                   |  | GERMANY           
|                                                                                                | 
|Neunzehnte FraMü Beteiligungs GmbH, Frankfurt am Main                                           |  | GERMANY           
|                                                                                                | 
|NFJ Investment Group L.P., Dover/Delaware                                                       |  | UNITED STATES     
|                                                                                                | 
|NFJ Management Inc., Delaware                                                                   |  | UNITED STATES     
|                                                                                                | 
|Nicholas Applegate Capital Management Limited, London                                           |  | UNITED KINGDOM    
|                                                                                                | 
|Nicholas Applegate Capital Management LLC, Dover/Delaware                                       |  | UNITED STATES     
|                                                                                                | 
|Nicholas Applegate Holdings LLC, Delaware                                                       |  | UNITED STATES     
|                                                                                                | 
|Nicholas Applegate Securities International, San Diego                                          |  | UNITED STATES     
|                                                                                                | 
|Nicholas Applegate Securities LLC, Delaware                                                     |  | UNITED STATES     
|                                                                                                | 
|Noman LTD., Tortola                                                                             |  | UNITED KINGDOM    
|                                                                                                | 
|Norman Nominees Ltd, London                                                                     |  | UNITED KINGDOM    
|                                                                                                | 
|North American London Underwriters, Ltd., Bermuda                                               |  | BERMUDA           
|                                                                                                | 
|Novosibirsk-Medizina CJSC, Novosibirsk                                                          |  | RUSSIAN FEDERATION
|                                                                                                | 
|OAF Services à La Personne, Paris                                                               |  | FRANCE            
|                                                                                                | 
|Objekt Burchardplatz GmbH & Co. KG, Stuttgart                                                   |  | GERMANY           
|                                                                                                | 
|OCICA, Abidjan                                                                                  |  | COTE DIVOIRE     
|                                                                                                | 
|Octagon Ltd., Grand Cayman                                                                      |  | 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            
|                                                                                                | 
|Oddo Valeurs Rende                                                                              |  | FRANCE            
|                                                                                                | 
|OLB-Beteiligungsgesellschaft mbH, Oldenburg                                                     |  | GERMANY           
|                                                                                                | 
|OLB-Immobiliendienst-GmbH, Oldenburg                                                            |  | GERMANY           



---

Exhibit 8.1 Fiscal year 2007



|                                                                 |  |                   
|---------------------------------------------------------------- |  | ------------------
|                                                                 | 
|OLB-Versicherungsdienst GmbH, Oldenburg                          |  | GERMANY           
|                                                                 | 
|Oldenburgische Landesbank Aktiengesellschaft, Oldenburg          |  | GERMANY           
|                                                                 | 
|Omega Thai Investment Holding, Amsterdam                         |  | NETHERLANDS       
|                                                                 | 
|OOO BARTEC-SST CIS, Moscow                                       |  | RUSSIAN FEDERATION
|                                                                 | 
|OpCap Advisors LLC, Delaware                                     |  | UNITED STATES     
|                                                                 | 
|Oppenheimer Capital LLC, Delaware                                |  | UNITED STATES     
|                                                                 | 
|Oppenheimer Capital LLC, Dover/Delaware                          |  | UNITED STATES     
|                                                                 | 
|Oppenheimer Group, Inc., Delaware                                |  | UNITED STATES     
|                                                                 | 
|Orbis Tax Services Ltd, St. Peter Port/Guernsey                  |  | UNITED KINGDOM    
|                                                                 | 
|Orchestra Funding No.1 , Ltd., George Town                       |  | UNITED KINGDOM    
|                                                                 | 
|Organizacion G.o.a. S.A., Lima                                   |  | PERU              
|                                                                 | 
|OSECA, Dakar                                                     |  | SENEGAL           
|                                                                 | 
|OY Selecta AB, Helsinki                                          |  | FINLAND           
|                                                                 | 
|Pacific Investment Management Company LLC, Delaware              |  | UNITED STATES     
|                                                                 | 
|Pacific MMI Insurance Ltd., Port Moresby                         |  | PAPUA NEW GUINEA  
|                                                                 | 
|Palmer Square 3, Dublin                                          |  | IRELAND           
|                                                                 | 
|Parc Continental Ltd, London                                     |  | UNITED KINGDOM    
|                                                                 | 
|PEMSE S.A., Madrid                                               |  | SPAIN             
|                                                                 | 
|Personalized Brokerage Service LLC, Topeka                       |  | UNITED STATES     
|                                                                 | 
|Pet Plan Ltd., Guildford                                         |  | UNITED KINGDOM    
|                                                                 | 
|Phénix Iart, Lausanne                                            |  | SWITZERLAND       
|                                                                 | 
|Phénix Immobilier S.N.C., Paris                                  |  | FRANCE            
|                                                                 | 
|Phénix Long Short I                                              |  | FRANCE            
|                                                                 | 
|Phenix Sécurité L                                                |  | FRANCE            
|                                                                 | 
|Phénix Vie, Lausanne                                             |  | SWITZERLAND       
|                                                                 | 
|Pico Westwood Limited, London                                    |  | UNITED KINGDOM    
|                                                                 | 
|Pimco Asia Limited, Hong Kong                                    |  | HONG KONG         
|                                                                 | 
|PIMCO Asia PTE Ltd., Singapore                                   |  | SINGAPORE         
|                                                                 | 
|PIMCO Australia Pty Ltd., Sydney                                 |  | AUSTRALIA         
|                                                                 | 
|Pimco Canada Corp., Nova Scotia                                  |  | CANADA            
|                                                                 | 
|Pimco Canada Management Inc., Delaware                           |  | UNITED STATES     
|                                                                 | 
|PIMCO Europe Limited, London                                     |  | UNITED KINGDOM    
|                                                                 | 
|PIMCO GL INV.-EURIBORPLUS FUND                                   |  | IRELAND           
|                                                                 | 
|PIMCO Global Advisors (Ireland) Limited, Dublin                  |  | IRELAND           
|                                                                 | 
|PIMCO Global Advisors (Resources) Limited, Cayman Islands        |  | CAYMAN ISLANDS    
|                                                                 | 
|PIMCO Global Advisors LLC, Delaware                              |  | UNITED STATES     
|                                                                 | 
|PIMCO Japan Ltd., Tokyo                                          |  | JAPAN             
|                                                                 | 
|PIMCO Luxembourg SA., Luxembourg                                 |  | LUXEMBOURG        
|                                                                 | 
|Pioneer Investment Irland Fond, Luxembourg                       |  | LUXEMBOURG        
|                                                                 | 
|POLY ASSISTANCE & SERVICES S.A., Atene                           |  | GREECE            
|                                                                 | 
|ppi Media GmbH, Hamburg                                          |  | GERMANY           
|                                                                 | 
|PPI Media US Inc., Westmont                                      |  | UNITED STATES     
|                                                                 | 
|PremierLine Direct Limited, Lancaster                            |  | UNITED KINGDOM    
|                                                                 | 
|PREVINDUSTRIAFiduciaria Previdenza Imprenditori S.p.A., Mailand |  | ITALY             
|                                                                 | 
|Priamos Limited, London                                          |  | UNITED KINGDOM    
|                                                                 | 
|Priority Vie                                                     |  | FRANCE            
|                                                                 | 
|Privatinvest Bank AG, Salzburg                                   |  | AUSTRIA           
|                                                                 | 
|PriZ GmbH Emissionsgesellschaft für Zertifikate, Frankfrut a.M.  |  | GERMANY           
|                                                                 | 
|Professional Planners Marketing Group, LLC, North Palm Beach, FL |  | UNITED STATES     
|                                                                 | 
|Promise K 2006                                                   |  | GERMANY           
|                                                                 | 
|Pronto Lloyd s.r.l., Trieste                                     |  | ITALY             
|                                                                 | 
|Property Nominees (Channel Islands) Ltd, St. Helier/Jersey       |  | UNITED KINGDOM    
|                                                                 | 
|Protexia France S.A., Lyon                                       |  | FRANCE            
|                                                                 | 
|PT Asuransi Allianz Life Indonesia p.l.c., Jakarta               |  | INDONESIA         
|                                                                 | 
|PT Asuransi Allianz Utama Indonesia Ltd., Jakarta                |  | INDONESIA         
|                                                                 | 
|PTE Allianz Polska S.A., Warschau                                |  | POLAND            
|                                                                 | 
|Puxian Investments S.à r.l, Luxemburg                            |  | LUXEMBOURG        
|                                                                 | 
|Quadrator                                                        |  | FRANCE            
|                                                                 | 
|Questar Agency of Alabama, Inc., Alabama                         |  | UNITED STATES     





---

Exhibit 8.1 Fiscal year 2007



|                                                                             |  |                   
|---------------------------------------------------------------------------- |  | ------------------
|Questar Agency of Colorado, Inc., Denver                                     |  | UNITED STATES     
|                                                                             | 
|Questar Agency of Massachusetts, Inc., Massachusetts                         |  | UNITED STATES     
|                                                                             | 
|Questar Agency of New Mexico, Inc., Santa Fe                                 |  | UNITED STATES     
|                                                                             | 
|Questar Agency of Ohio, Inc., Ohio                                           |  | UNITED STATES     
|                                                                             | 
|Questar Agency of Texas, Inc., Texas                                         |  | UNITED STATES     
|                                                                             | 
|Questar Agency of Wyoming, Inc., Wyoming                                     |  | UNITED STATES     
|                                                                             | 
|Questar Agency, Inc., Michigan                                               |  | UNITED STATES     
|                                                                             | 
|Questar Asset Management, Ann Arbor                                          |  | UNITED STATES     
|                                                                             | 
|Questar Capital Corporation, Ann Arbor                                       |  | UNITED STATES     
|                                                                             | 
|Quintet Properties Ltd., Dublin                                              |  | IRELAND           
|                                                                             | 
|R. B. Nominees Ltd, London                                                   |  | UNITED KINGDOM    
|                                                                             | 
|Radian Inc., George Town/Cayman Islands                                      |  | CAYMAN ISLANDS    
|                                                                             | 
|RAS ALTERNATIVE INVESTMENTS Società di gestione del risparmio S.p.A., Milano |  | ITALY             
|                                                                             | 
|Ras Alternative Multi-Strategy, Milano                                       |  | ITALY             
|                                                                             | 
|RAS ANTARES, Milano                                                          |  | ITALY             
|                                                                             | 
|RAS IMMOBILIARE S.R.L., Milano                                               |  | ITALY             
|                                                                             | 
|Ras Private Bank (Suisse) S.A., Lugano                                       |  | SWITZERLAND       
|                                                                             | 
|Ras Private Equity Partners 1, Milano                                        |  | ITALY             
|                                                                             | 
|Ras Private Equity Partners 2, Milano                                        |  | ITALY             
|                                                                             | 
|RAS Tutela Giudiziaria S.p.A., Mailand                                       |  | ITALY             
|                                                                             | 
|Rasfin Società di Intermediazione Mobiliare S.p.A., Mailand                  |  | ITALY             
|                                                                             | 
|RB Fiduciaria SpA, Roma                                                      |  | ITALY             
|                                                                             | 
|RB Vita S.p.A., Mailand                                                      |  | ITALY             
|                                                                             | 
|RC Verwaltungs- und Beteiligungsgesellschaft mbH, München                    |  | GERMANY           
|                                                                             | 
|RCL Securitisation GmbH, Düsseldorf                                          |  | GERMANY           
|                                                                             | 
|RCM (UK) Ltd., London                                                        |  | UNITED KINGDOM    
|                                                                             | 
|RCM Asia Pacific Ltd., Hong Kong                                             |  | HONG KONG         
|                                                                             | 
|RCM Capital Management LLC, Wilmington/Delaware                              |  | UNITED STATES     
|                                                                             | 
|RCM Distiributors LLC, Delaware                                              |  | UNITED STATES     
|                                                                             | 
|RCM US Holdings LLC, San Francisco, USA                                      |  | UNITED STATES     
|                                                                             | 
|RE-AA, ABIDJAN                                                               |  | COTE DIVOIRE     
|                                                                             | 
|Real Faubourg Haussmann SAS, Paris                                           |  | FRANCE            
|                                                                             | 
|Real FR Haussmann SAS, Paris                                                 |  | FRANCE            
|                                                                             | 
|Receivable Partners Inc., Wilmington/Delaware                                |  | UNITED STATES     
|                                                                             | 
|rehacare GmbH, München                                                       |  | GERMANY           
|                                                                             | 
|Retail Vending Ltd., Birmingham                                              |  | UNITED KINGDOM    
|                                                                             | 
|Return 10                                                                    |  | FRANCE            
|                                                                             | 
|Reuschel & Co. Beteiligungs- und Verwaltungs GmbH, München                   |  | GERMANY           
|                                                                             | 
|Reuschel & Co. Finanz-Service-GmbH, München                                  |  | GERMANY           
|                                                                             | 
|Reuschel & Co. Kommanditgesellschaft, München                                |  | GERMANY           
|                                                                             | 
|Reuschel & Co. Verwaltungs GmbH, München                                     |  | GERMANY           
|                                                                             | 
|RHEA, Luxembourg-Ville                                                       |  | LUXEMBOURG        
|                                                                             | 
|Rhein-Main Metallverarbeitung GmbH, Mainhausen                               |  | GERMANY           
|                                                                             | 
|Risikomanagement und Softwareentwicklung GmbH, Wien                          |  | AUSTRIA           
|                                                                             | 
|Risk & Safety Services Limited, Dublin                                       |  | IRELAND           
|                                                                             | 
|risklab germany GmbH, Frankfurt am Main                                      |  | GERMANY           
|                                                                             | 
|Riskon Aktiengesellschaft geschlossenen Typs, Moskau                         |  | RUSSIAN FEDERATION
|                                                                             | 
|Riverbank Leasing 1 Limited, London                                          |  | UNITED KINGDOM    
|                                                                             | 
|Riverbank Leasing 2 Limited, London                                          |  | UNITED KINGDOM    
|                                                                             | 
|Riverbank Leasing 3 Limited, London                                          |  | UNITED KINGDOM    
|                                                                             | 
|Riverbank Trustees, London Ltd, London                                       |  | UNITED KINGDOM    
|                                                                             | 
|Robert Benson Lonsdale & Co (Canada) Ltd, London                             |  | UNITED KINGDOM    
|                                                                             | 
|Roland Holding GmbH, München                                                 |  | GERMANY           
|                                                                             | 
|Roland Print B.V., Amsterdam                                                 |  | GERMANY           
|                                                                             | 
|Roland Print B.V., Amsterdam                                                 |  | GERMANY           
|                                                                             | 
|Rood Nominees Ltd, London                                                    |  | UNITED KINGDOM    
|                                                                             | 
|Rook Finance LLC, New York                                                   |  | UNITED STATES     
|                                                                             | 
|Rosno Centre, St. Petersburg                                                 |  | RUSSIAN FEDERATION
|                                                                             | 
|Rosno MS, St. Petersburg                                                     |  | RUSSIAN FEDERATION





---

Exhibit 8.1 Fiscal year 2007



|                                                       |  |                   
|------------------------------------------------------ |  | ------------------
|Roster Financial LLC, Quincy                           |  | UNITED STATES     
|                                                       | 
|Rusmed CJSC, St. Petersburg                            |  | RUSSIAN FEDERATION
|                                                       | 
|Russian Peoples Insurance Society ROSNO, Moskau     |  | RUSSIAN FEDERATION
|                                                       | 
|RVB Verwaltungs- und Beteiligungs GmbH, München        |  | GERMANY           
|                                                       | 
|S.C. ASIT REAL ESTATE S.R.L., Bucharest                |  | ROMANIA           
|                                                       | 
|S.I. Rue de LIndustrie 19 S.A., Sainte-Croix          |  | SWITZERLAND       
|                                                       | 
|S.I.B.I., Paris                                        |  | FRANCE            
|                                                       | 
|S.N.C. Haussmann Viager 2, Paris                       |  | FRANCE            
|                                                       | 
|Sa Paindavoine, Paris                                  |  | FRANCE            
|                                                       | 
|SAAD 3, George Town/ Gran Cayman                       |  | CAYMAN ISLANDS    
|                                                       | 
|SAFARRIV IARD S.A., Abidjan                            |  | COTE DIVOIRE     
|                                                       | 
|SAFARRIV VIE S.A., Abidjan                             |  | COTE DIVOIRE     
|                                                       | 
|SAGE SARL, Chatillon                                   |  | FRANCE            
|                                                       | 
|Saint Melrose Limited, London                          |  | UNITED KINGDOM    
|                                                       | 
|Saint-Barth Assurances S.A.R.L., Gustavia              |  | FRANCE            
|                                                       | 
|San Francisco Reinsurance Company, Novato              |  | UNITED STATES     
|                                                       | 
|SAS LAENNEC, Paris                                     |  | FRANCE            
|                                                       | 
|SAS Madeleine Opéra, Paris                             |  | FRANCE            
|                                                       | 
|SAT S.A., Istanbul                                     |  | TURKEY            
|                                                       | 
|SC Tour Michelet, PARIS                                |  | FRANCE            
|                                                       | 
|SCAPI, Paris                                           |  | FRANCE            
|                                                       | 
|SCEA Chateau Arnauld, Arcins                           |  | FRANCE            
|                                                       | 
|Schmalbach-Lubeca Service Center N.V., Brecht, Belgien |  | BELGIUM           
|                                                       | 
|SCI AVIP La Templerie, Paris                           |  | FRANCE            
|                                                       | 
|SCI AVIP SCPI Selection, Paris                         |  | FRANCE            
|                                                       | 
|SCI Bercy W9, Paris                                    |  | FRANCE            
|                                                       | 
|SCI Carmidaloc, Paris                                  |  | FRANCE            
|                                                       | 
|SCI De Bonlieu et du Lac, Paris                        |  | FRANCE            
|                                                       | 
|SCI DE LA PAILLERE, Paris                              |  | FRANCE            
|                                                       | 
|SCI Dicca, Paris                                       |  | FRANCE            
|                                                       | 
|SCI en Presles, Paris                                  |  | FRANCE            
|                                                       | 
|SCI Fonciere du mas de Roman, Paris                    |  | FRANCE            
|                                                       | 
|SCI mediterranee distribution, Paris                   |  | FRANCE            
|                                                       | 
|SCI PRELLOYD, Paris                                    |  | FRANCE            
|                                                       | 
|SCI Stratus, Paris                                     |  | FRANCE            
|                                                       | 
|SCI Trescol, Paris                                     |  | FRANCE            
|                                                       | 
|Sechste FraMü Beteiligungs GmbH, Frankfurt am Main     |  | GERMANY           
|                                                       | 
|Selecta A/S, Rodovre (DK), Rodovre                     |  | DENMARK           
|                                                       | 
|Selecta AB, Stockholm                                  |  | SWEDEN            
|                                                       | 
|Selecta AG, Muntelier                                  |  | SWITZERLAND       
|                                                       | 
|Selecta AS, Oslo                                       |  | NORWAY            
|                                                       | 
|Selecta Betriebsverpflegungs GmbH, Wien                |  | AUSTRIA           
|                                                       | 
|Selecta Deutschland GmbH, Eschborn                     |  | GERMANY           
|                                                       | 
|Selecta Eesti Osauhing, Tallinn                        |  | ESTONIA           
|                                                       | 
|Selecta Holding AB, Stockholm                          |  | SWEDEN            
|                                                       | 
|Selecta Holding GmbH, Eschborn                         |  | GERMANY           
|                                                       | 
|Selecta Hungary Automataüzemeltetö KFT, Budapest       |  | HUNGARY           
|                                                       | 
|Selecta Logistik AG, Oensingen                         |  | SWITZERLAND       
|                                                       | 
|Selecta Luxembourg SA, Leudelange                      |  | LUXEMBOURG        
|                                                       | 
|Selecta Management AG, Zug                             |  | SWITZERLAND       
|                                                       | 
|Selecta Nordic Holding AB, Stockholm                   |  | SWEDEN            
|                                                       | 
|Selecta Olland BV, Waardenburg                         |  | NETHERLANDS       
|                                                       | 
|Selecta Polska Sp Zoo, Warszawa                        |  | POLAND            
|                                                       | 
|Selecta Purchasing AG, Zug                             |  | SWITZERLAND       
|                                                       | 
|Selecta Refreshments Ltd., Dublin                      |  | IRELAND           
|                                                       | 
|Selecta SA, Paris                                      |  | FRANCE            
|                                                       | 
|Selecta SA, Zaventem                                   |  | BELGIUM           
|                                                       | 
|Selecta Technik AG, Muntelier                          |  | SWITZERLAND       
|                                                       | 
|Selecta TMP AG, Zug                                    |  | SWITZERLAND       
|                                                       | 
|Selecta Trade AG, Oensingen                            |  | SWITZERLAND       



---

Exhibit 8.1 Fiscal year 2007



|                                                                                              |  |               
|--------------------------------------------------------------------------------------------- |  | --------------
|Selecta UK Ltd., Birmingham                                                                   |  | UNITED KINGDOM
|                                                                                              | 
|Selection Multi-Ge                                                                            |  | FRANCE        
|                                                                                              | 
|Selection Multi-Ger Japon                                                                     |  | FRANCE        
|                                                                                              | 
|Selection Multi-Gerant Emerg                                                                  |  | FRANCE        
|                                                                                              | 
|Selection Multi-Gerants Value                                                                 |  | FRANCE        
|                                                                                              | 
|Semaphore                                                                                     |  | FRANCE        
|                                                                                              | 
|SF Development FCPR L                                                                         |  | FRANCE        
|                                                                                              | 
|SI 173-175 Boulevard Haussmann SAS, Paris                                                     |  | FRANCE        
|                                                                                              | 
|SIA Baltic Payment Systems, Riga                                                              |  | LATVIA        
|                                                                                              | 
|SIA Selecta, Riga                                                                             |  | LATVIA        
|                                                                                              | 
|Siac Services Srl, Rom                                                                        |  | ITALY         
|                                                                                              | 
|Siebzehnte DRESIB Beteiligungs-Gesellschaft mbH, Frankfurt am Main                            |  | GERMANY       
|                                                                                              | 
|SIFCOM Assurances, Abidjan                                                                    |  | COTE DIVOIRE 
|                                                                                              | 
|Sigma-1 CLO 2007                                                                              |  | IRELAND       
|                                                                                              | 
|Silver Tower 125 Inc., Grand Cayman                                                           |  | CAYMAN ISLANDS
|                                                                                              | 
|SITIA Beteiligungs- und Verwaltungs-GmbH, Köln                                                |  | GERMANY       
|                                                                                              | 
|Skylark Ltd, George Town                                                                      |  | CAYMAN ISLANDS
|                                                                                              | 
|SMASA, SOCIEDAD MUNDIAL DE ASISTENCIA, S.A., Madrid                                           |  | SPAIN         
|                                                                                              | 
|SNA- Ré Societé Nationale DAssurances et de Reassurances (Bermuda) Ltd., Hamilton            |  | BERMUDA       
|                                                                                              | 
|SNAM S.A.L, Hazmieh                                                                           |  | LEBANON       
|                                                                                              | 
|SNC AGF Cash, Paris                                                                           |  | FRANCE        
|                                                                                              | 
|SNC AGF Clearing, Paris                                                                       |  | FRANCE        
|                                                                                              | 
|SNC Kléber Magdebourg, Paris                                                                  |  | FRANCE        
|                                                                                              | 
|SNC LAENNEC RIVE GAUCHE, Paris                                                                |  | FRANCE        
|                                                                                              | 
|SNC Maxium, Wasquehal                                                                         |  | FRANCE        
|                                                                                              | 
|SOBAC, Cotonou                                                                                |  | BENIN         
|                                                                                              | 
|SOCIETA AGRICOLA SAN FELICE S.p.A., Mailand                                                  |  | ITALY         
|                                                                                              | 
|SOCIETE BELGE DASSISTANCE INTERNATIONALE S.A., Bruxelles                                     |  | BELGIUM       
|                                                                                              | 
|SOCIETE BELGE DE SERVICES TELEPHONIQUES S.B.S.T. S.A., Bruxelles                            |  | BELGIUM       
|                                                                                              | 
|Société Civile Construction Vente 33 Lafayette, Paris                                         |  | FRANCE        
|                                                                                              | 
|SOCIETE EUROPEENNE DE PROTECT. ET DE SERVICES DASSIST. A DOMICILE S.E.P.S.A.D. S.A., Paris |  | FRANCE        
|                                                                                              | 
|Société Foncière Européenne, Amsterdam                                                        |  | NETHERLANDS   
|                                                                                              | 
|Société Foncière Européenne, Paris                                                            |  | FRANCE        
|                                                                                              | 
|Société Nationale Foncière S.A.L., Beirut                                                     |  | LEBANON       
|                                                                                              | 
|Société Nouvelle DAssurances du Cameroun S.A., Douala                                        |  | CAMEROON      
|                                                                                              | 
|Société Nouvelle DAssurances vie du Cameroun S.A., Douala                                    |  | CAMEROON      
|                                                                                              | 
|Sofiholding S.A., Bruxelles                                                                   |  | BELGIUM       
|                                                                                              | 
|Sonimm, Paris                                                                                 |  | FRANCE        
|                                                                                              | 
|Southwark Bridge Investments Ltd, London                                                      |  | UNITED KINGDOM
|                                                                                              | 
|Space Park Erste Verwaltungs GmbH, Bremen                                                     |  | GERMANY       
|                                                                                              | 
|Space Park GmbH & Co. KG, Bremen                                                              |  | GERMANY       
|                                                                                              | 
|SPACECO, Paris                                                                                |  | FRANCE        
|                                                                                              | 
|SPHF, Paris                                                                                   |  | FRANCE        
|                                                                                              | 
|Standard General Agency, Inc., Texas                                                          |  | UNITED STATES 
|                                                                                              | 
|Stanislas H. Haine N.V., Edegem                                                               |  | BELGIUM       
|                                                                                              | 
|ST-Drive Inc., Grand Cayman                                                                   |  | CAYMAN ISLANDS
|                                                                                              | 
|Stichting AZ Nederland Beleggersrekening, Niewegein                                           |  | NETHERLANDS   
|                                                                                              | 
|StocksPLUS Management Inc., Delaware                                                          |  | UNITED STATES 
|                                                                                              | 
|StocksPLUS Sub-Fund B LLC., California                                                        |  | UNITED STATES 
|                                                                                              | 
|StocksPLUS, L.P., Delaware                                                                    |  | UNITED STATES 
|                                                                                              | 
|Subarban Finance Company II Limited, Cayman Islands                                           |  | CAYMAN ISLANDS
|                                                                                              | 
|Subarban Finance Company, Hamilton/ Bermuda                                                   |  | CAYMAN ISLANDS
|                                                                                              | 
|Süddeutsche Industrie-Beteiligungs-GmbH, Frankfurt am Main                                    |  | GERMANY       
|                                                                                              | 
|Suffolk Investments Inc, New York                                                             |  | UNITED STATES 
|                                                                                              | 
|Swiss India Investment Management (Mauritius) Limited                                         |  | SWITZERLAND   



---

Exhibit 8.1 Fiscal year 2007



|                                                                      |  |                     
|--------------------------------------------------------------------- |  | --------------------
|                                                                      | 
|Swiss India Opportunities Fund Ltd.                                   |  | SWITZERLAND         
|                                                                      | 
|Symphony No 1 Llc, Grand Cayman                                       |  | CAYMAN ISLANDS      
|                                                                      | 
|Symphony No.2 Llc, Wilmington/Delaware                                |  | UNITED STATES       
|                                                                      | 
|Symphony No.3 Llc, Dover                                              |  | UNITED STATES       
|                                                                      | 
|Symphony No.4 Llc, Dover                                              |  | UNITED STATES       
|                                                                      | 
|Synergie Select EV                                                    |  | FRANCE              
|                                                                      | 
|SYSCOM Instruments S.A., Sainte-Croix                                 |  | SWITZERLAND         
|                                                                      | 
|Tagil-MedService LLC, Nizhni Tagil, Sverdlovsk region                 |  | RUSSIAN FEDERATION  
|                                                                      | 
|Takecare Management Ltd., Tortola                                     |  | UNITED KINGDOM      
|                                                                      | 
|Tanguy Opportunité                                                    |  | FRANCE              
|                                                                      | 
|TFI ALLIANZ POLSKA S.A., Warszawa                                     |  | POLAND              
|                                                                      | 
|TGAF Inc., Grand Cayman                                               |  | CAYMAN ISLANDS      
|                                                                      | 
|Thames SPC, London                                                    |  | UNITED KINGDOM      
|                                                                      | 
|The Ajax Insurance Association Ltd., Guildford                        |  | UNITED KINGDOM      
|                                                                      | 
|The American Insurance Company, Nebraska                              |  | UNITED STATES       
|                                                                      | 
|The Annuity Store Financial & Insurance Services, LLC, Sacramento     |  | UNITED STATES       
|                                                                      | 
|The Export Credit Clearing House Limited, London                      |  | UNITED KINGDOM      
|                                                                      | 
|The Gresham Bond Fund                                                 |  | UNITED KINGDOM      
|                                                                      | 
|The Gresham Leasing CV, London                                        |  | UNITED KINGDOM      
|                                                                      | 
|The MI Group Limited, Guildford                                       |  | UNITED KINGDOM      
|                                                                      | 
|The MI Property Management Company Limited, Guildford                 |  | UNITED KINGDOM      
|                                                                      | 
|The Riverbank Bond Fund, Wilmington                                   |  | UNITED STATES       
|                                                                      | 
|The Riverbank Trust, London                                           |  | UNITED KINGDOM      
|                                                                      | 
|Thebes Plc, Dublin                                                    |  | IRELAND             
|                                                                      | 
|Thermo Centre Technische Handelsondemeing BV, Deurne                  |  | NETHERLANDS         
|                                                                      | 
|Three Pillars Business Solutions Limited, Guildford                   |  | UNITED KINGDOM      
|                                                                      | 
|Thurlastone Finance Limited, London                                   |  | UNITED KINGDOM      
|                                                                      | 
|Top Logistikwerkstatt Assistance GmbH, Wien                           |  | AUSTRIA             
|                                                                      | 
|Top MVK Datenmanagement GmbH, Wien                                    |  | AUSTRIA             
|                                                                      | 
|Top Versicherungsservice GmbH, Wien                                   |  | AUSTRIA             
|                                                                      | 
|Top Versicherungs-Vermittler Service GmbH, Wien                       |  | AUSTRIA             
|                                                                      | 
|Towarzystwo Ubezpieczen Euler Hermes S.A., Warschau                   |  | POLAND              
|                                                                      | 
|Trade Debtor Insurance Services Limited, London                       |  | UNITED KINGDOM      
|                                                                      | 
|TRADE INDEMNITY Collections Ltd., London                              |  | UNITED KINGDOM      
|                                                                      | 
|Trade Indemnity Credit Corporation Limited, London                    |  | UNITED KINGDOM      
|                                                                      | 
|Trade Indemnity Factors Limited, London                               |  | UNITED KINGDOM      
|                                                                      | 
|Trafalgar Insurance Public Limited Company, Guildford                 |  | UNITED KINGDOM      
|                                                                      | 
|Traktir, Paris                                                        |  | FRANCE              
|                                                                      | 
|Travel Care Inc., Richmond                                            |  | UNITED STATES       
|                                                                      | 
|Trusteam CB Patrim                                                    |  | FRANCE              
|                                                                      | 
|TU Allianz Polska S.A., Warsaw                                        |  | POLAND              
|                                                                      | 
|TU Allianz Zycie Polska S.A., Warsaw                                  |  | POLAND              
|                                                                      | 
|Twins Financing LLC, New York                                         |  | UNITED STATES       
|                                                                      | 
|UAB Selecta, Vilnius                                                  |  | LITHUANIA           
|                                                                      | 
|Universal Leven N.V., Zeist                                           |  | NETHERLANDS         
|                                                                      | 
|Unterstützungseinrichtung des Bankhauses Reuschel & Co. GmbH, München |  | GERMANY             
|                                                                      | 
|USAllianz Insurance & Securities Agency, Inc., Kentucky               |  | UNITED STATES       
|                                                                      | 
|USAllianz Insurance & Securities Agency, Inc., Nevada                 |  | UNITED STATES       
|                                                                      | 
|USAllianz Insurance & Securities Agency, Inc., North Carolina         |  | UNITED STATES       
|                                                                      | 
|USAllianz Insurance & Securities Agency, Inc., Ohio                   |  | UNITED STATES       
|                                                                      | 
|USAllianz Insurance & Securities Agency, Inc., Texas                  |  | UNITED STATES       
|                                                                      | 
|USAllianz Insurance & Securities Agency, Inc., Vermont                |  | UNITED STATES       
|                                                                      | 
|USAllianz Insurance Agency, Inc., Massachusetts                       |  | UNITED STATES       
|                                                                      | 
|USAllianz Insurance Agency, Inc., New York                            |  | UNITED STATES       
|                                                                      | 
|USAllianz Investor Services, LLC, Minnesota                           |  | UNITED STATES       
|                                                                      | 
|Van Moer Santerre & Cie, Bruxelles                                    |  | BELGIUM             
|                                                                      | 
|Veer Palthe Voûte (Antilles) NV, Curacao                              |  | NETHERLANDS ANTILLES
|                                                                      | 
|Vendcare (Holdings) Limited, Birmingham                               |  | UNITED KINGDOM      



---

Exhibit 8.1 Fiscal year 2007



|                                                                 |  |               
|---------------------------------------------------------------- |  | --------------
|                                                                 | 
|Vendcare Services Ltd., Birmingham                               |  | UNITED KINGDOM
|                                                                 | 
|Vendome Lease SA, Paris                                          |  | UNITED KINGDOM
|                                                                 | 
|Vereinte Spezial Krankenversicherung Aktiengesellschaft, München |  | GERMANY       
|                                                                 | 
|Vereinte Spezial Versicherung AG, München                        |  | GERMANY       
|                                                                 | 
|Vernon, Paris                                                    |  | FRANCE        
|                                                                 | 
|VertBois S.à.r.l., Luxemburg                                     |  | LUXEMBOURG    
|                                                                 | 
|Via Pierre 1, Paris                                              |  | FRANCE        
|                                                                 | 
|Victoria Capital (Ireland) Public Limited Company                |  | LUXEMBOURG    
|                                                                 | 
|Victoria Capital Holdings S.A.                                   |  | LUXEMBOURG    
|                                                                 | 
|Victoria Capital S.A.                                            |  | LUXEMBOURG    
|                                                                 | 
|Villa La Pagliaia S.r.l., Siena                                  |  | ITALY         
|                                                                 | 
|Vintage Insurance Company, California                            |  | UNITED STATES 
|                                                                 | 
|Vision Holdings LLC, Newport Beach                               |  | UNITED STATES 
|                                                                 | 
|Viso Limited, Cayman Islands                                     |  | CAYMAN ISLANDS
|                                                                 | 
|Votra S.A., Lausanne                                             |  | SWITZERLAND   
|                                                                 | 
|W Finance Assurances, Paris                                      |  | FRANCE        
|                                                                 | 
|W Finance, Paris                                                 |  | FRANCE        
|                                                                 | 
|W9 Bercy SARL, Paris                                             |  | FRANCE        
|                                                                 | 
|Wall Street Technology Managers LP, New York                     |  | UNITED STATES 
|                                                                 | 
|Wasserstein Perella & Co., Limited, London                       |  | UNITED KINGDOM
|                                                                 | 
|Wasserstein Perella (France) SA, Paris                           |  | FRANCE        
|                                                                 | 
|Watling Leasing March (1) Unlimited, London                      |  | UNITED KINGDOM
|                                                                 | 
|WATTINVEST C                                                     |  | FRANCE        
|                                                                 | 
|WebTek Software Private Limited, Bangalore                       |  | INDIA         
|                                                                 | 
|West Nominees Limited, St. Helier/Jersey                         |  | UNITED KINGDOM
|                                                                 | 
|Westbourne Properties Ltd, St. Peter Port/Guernsey               |  | UNITED KINGDOM
|                                                                 | 
|WF Administration, Paris                                         |  | FRANCE        
|                                                                 | 
|Wheelabrator INV C1                                              |  | FRANCE        
|                                                                 | 
|Wilhelm Reuschel GmbH, München                                   |  | GERMANY       
|                                                                 | 
|Willemsbruggen, Rotterdam                                        |  | NETHERLANDS   
|                                                                 | 
|Windpark Berge-Kleeste GmbH & Co.KG, München                     |  | GERMANY       
|                                                                 | 
|Windpark Büttel GmbH & Co. KG., Büttel                           |  | GERMANY       
|                                                                 | 
|Windpark Emmendorf GmbH & Co.KG, Emmendorf                       |  | GERMANY       
|                                                                 | 
|Windpark Freyenstein GmbH & Co KG, Husum                         |  | GERMANY       
|                                                                 | 
|Wisley Inc., Grand Cayman                                        |  | CAYMAN ISLANDS
|                                                                 | 
|WKN Windkraft Nord GmbH & Co. Windpark Halenbeck KG, Halenbeck   |  | GERMANY       
|                                                                 | 
|WKN Windkraft Nord GmbH & Co. Windpark Kittlitz KG, Kittlitz     |  | GERMANY       
|                                                                 | 
|Wm. H McGee & Co. (Bermuda) Ltd., Hamilton                       |  | UNITED STATES 
|                                                                 | 
|Wm. H McGee & Co. of Puerto Rico Inc., Hato Rey                  |  | PUERTO RICO   
|                                                                 | 
|Wm. H McGee & Co., Inc., New York                                |  | UNITED STATES 
|                                                                 | 
|World Access ASIA (PTE) Ltd., Singapur                           |  | SINGAPORE     
|                                                                 | 
|World Access Canada Inc., Waterloo/Ontario                       |  | CANADA        
|                                                                 | 
|World Access Europe LTD., Croydon Surrey                         |  | UNITED KINGDOM
|                                                                 | 
|World Access Healthcare Services Inc., Miami                     |  | UNITED STATES 
|                                                                 | 
|World Access Service Corp., Richmond                             |  | UNITED STATES 
|                                                                 | 
|World Access, Inc., Richmond                                     |  | UNITED STATES 
|                                                                 | 
|WP Bridge Finance Inc., Wilmington/Delaware                      |  | UNITED STATES 
|                                                                 | 
|YAO Investment S.a.r.l., Luxembourg                              |  | LUXEMBOURG    
|                                                                 | 
|Yarra Finance Limited, London                                    |  | UNITED KINGDOM
|                                                                 | 
|Yorktown Holdings Companies, Inc., Indiana                       |  | UNITED STATES 
|                                                                 | 
|Zehnte SIB Beteiligungs-Aktiengesellschaft, Frankfurt am Main    |  | GERMANY       
|                                                                 | 
|Zenon Beteiligungs-GmbH, Frankfurt am Main                       |  | GERMANY       
|                                                                 | 
|Zwölfte SIB Beteiligungs-Aktiengesellschaft, Frankfurt am Main   |  | GERMANY