**Exhibit 8.1**

 

**List of Subsidiaries ofWimm-Bill-Dann Foods OJSC**

 
| **Subsidiary** | ** ** | **Country of Incorporation**                                     |
|----------------|------------|------------------------------------------------------------------|
| ** **     | ** ** | ** **                                                       | ** ** | ** ** |
| 1.             |       | Atamanskoe Farm                                                  |   | Russian  Federation |
| 2.             |       | Anashensk  Creamery                                              |   | Russian  Federation |
| 3.             |       | Bishkek Dairy  Plant                                             |   | Kyrgyz Republic |
| 4.             |       | Bolsherechensk  Dairy Plant                                      |   | Russian  Federation |
| 5.             |       | Butakovskoe                                                      |   | Russian  Federation |
| 6.             |       | Dary  Valdaya                                                    |   | Russian  Federation |
| 7.             |       | Essentuki  Mineral Water Plant at CMW (Caucasian Mineral Waters) |   | Russian  Federation |
| 8.             |       | Foods  Production CJSC                                           |   | Russian  Federation |
| 9.             |       | Fruit Rivers                                                     |   | Russian  Federation |
| 10.            |       | Fruktola                                                         |   | Russian  Federation |
| 11.            |       | Geyser                                                           |   | Russian  Federation |
| 12.            |       | Grande-V                                                         |   | Russian  Federation |
| 13.            |       | Gulkevichy  Dairy Plant                                          |   | Russian  Federation |
| 14.            |       | Karasuk Dairy  Plant                                             |   | Russian  Federation |
| 15.            |       | Kutuliksky  Creamery                                             |   | Russian Federation |
| 16.            |       | Lianozovsky  CJSC                                                |   | Russian  Federation |
| 17.            |       | Manros-M                                                         |   | Russian  Federation |
| 18.            |       | Moloko  Veidelevki                                               |   | Russian  Federation |
| 19.            |       | Municipal Guard  Agency                                          |   | Russian  Federation |
| 20.            |       | Nectarin                                                         |   | Russian  Federation |
| 21             |       | Niva                                                             |   | Russian  Federation |
| 22.            |       | Plemzavod  Za Mir and Trud                                       |   | Russian  Federation |
| 23.            |       | Podmoskovnoye  Moloko                                            |   | Russian  Federation |
| 24.            |       | Predgorye                                                        |   | Russian  Federation |
| 25.            |       | PTG WBD                                                          |   | Russian  Federation |
| 26.            |       | Ramensk Milk                                                     |   | Russian  Federation |
| 27.            |       | Subsidiary  Enterprise Wimm-Bill-Dann                            |   | Ukraine |
| 28.            |       | Trade  Company Wimm-Bill-Dann                                    |   | Russian  Federation |
| 29.            |       | Trud OJSC                                                        |   | Russian  Federation |
| 30.            |       | Tuymazinskiy  Dairy Plant                                        |   | Russian  Federation |
| 31.            |       | Valdai Springs  Water Plant                                      |   | Russian  Federation |
| 32.            |       | Vitafruit                                                        |   | Russian  Federation |
| 33.            |       | Vitamol-M                                                        |   | Russian Federation |
| 34.            |       | Wimm-Bill-Dann                                                   |   | Russian  Federation |
| 35.            |       | Wimm-Bill-Dann  Beverages                                        |   | Russian  Federation |
| 36.            |       | Wimm-Bill-Dann  Finance                                          |   | Russian  Federation |
| 37.            |       | Wimm-Bill-Dann  Georgia                                          |   | Georgia |
| 38.            |       | Wimm-Bill-Dann  Ukraine                                          |   | Ukraine |
| 39.            |       | Wimm-Bill-Dann  Mineral Water                                    |   | Russian  Federation |
| 40.            |       | Wimm-Bill-Dann  Netherlands B.V.                                 |   | Netherlands |
| 41.            |       | Wimm-Bill-Dann  Tashkent                                         |   | Republic of  Uzbekistan |
| 42.            |       | Wimm-Bill-Dann  Central Asia—Almaty                         |   | Republic of  Kazakhstan |
| 43.            |       | Wimm-Bill-Dann  Preobritatel                                     |   | Russian  Federation |
| 44.            |       | Zavety Ilyicha                                                   |   | Russian  Federation |

 

----