EXHIBIT 21



SUBSIDIARIES

As of September 30,
2004



|                                                    |  |                            
|--------------------------------------------------- |  | ---------------------------
|Name                                                |  | Jurisdiction ofOrganization
|Hewitt Associates, S.A.                             |  | Argentina                  
|Hewitt Associates Pty. Ltd.                         |  | Australia                  
|Hewitt Associates GmbH                              |  | Austria                    
|Hewitt Associates S.A.                              |  | Belgium                    
|Hewitt Associates Servicos de Recursos Humanos Ltda |  | Brazil                     
|Hewitt Associates                                   |  | Canada                     
|Hewitt Associates Corp.                             |  | Canada                     
|Hewitt Holdings Canada                              |  | Canada                     
|Hewitt Associates GmbH                              |  | Czech Republic             
|Hewitt Associates (Chile) Limitada                  |  | Chile                      
|Hewitt Associates Consulting (Shanghai) Co. Ltd.    |  | China                      
|Hewitt Finance Arbitrage SAS                        |  | France                     
|Hewitt Associates SARL                              |  | France                     
|Hewitt Associates Ltd.                              |  | Hong Kong                  
|Hewitt Associates GmbH                              |  | Germany                    
|Cyborg Systems India Private Limited                |  | India                      
|Hewitt Associates (India) Pvt. Ltd.                 |  | India                      
|Hewitt International Services (India) Pvt. Ltd.     |  | India                      
|Hewitt Human Resource Services Ltd.                 |  | India                      
|Hewitt Outsourcing Services India Ltd.              |  | India                      
|PT Hewitt Konsultan Indonesia                       |  | Indonesia                  
|Hewitt and Beckets Limited                          |  | Ireland                    
|Hewitt Associates Srl                               |  | Italy                      
|Hewitt Associates Kabushiki Gaisya                  |  | Japan                      
|Hewitt Associates SDN. BHD                          |  | Malaysia                   
|Hewitt Associates de Mexico S. de R.L. de C.V.      |  | Mexico                     
|Empresas Hewitt S. de R.L. de C.V.                  |  | Mexico                     
|Hewitt Mexicana S. de R.L. de C.V.                  |  | Mexico                     
|Hewitt Associates S.C.                              |  | Mexico                     
|Hewitt Associates Inc.                              |  | Philippines                
|Hewitt Associates Sp. z o.o.                        |  | Poland                     
|Hewitt Associates Caribe, Inc                       |  | Puerto Rico                
|Hewitt Associates Pte. Ltd                          |  | Singapore                  
|Cyborg Systems (Africa) Pty Limited                 |  | South Africa               
|Hewitt Associates Korea LLC                         |  | South Korea                
|Hewitt Associates, S.A.                             |  | Spain                      
|Hewitt Associates SA                                |  | Switzerland                
|Hewitt Associates (Thailand) Limited                |  | Thailand                   
|Hewitt Heijnis & Koelman, B.V.                      |  | The Netherlands            
|Cyborg Systems Limited                              |  | United Kingdom             
|Hewitt Associates Europe Ltd.                       |  | United Kingdom             
|Hewitt Bacon & Woodrow Limited                      |  | United Kingdom             
|Hewitt Cyborg Limited                               |  | United Kingdom             
|Lincolshire Insurance Company PCC Limited           |  | United Kingdom (Guernsey)  
|Hewitt Associates LLC                               |  | United States              
|Hewitt Insurance Brokerage LLC                      |  | United States              
|Hewitt Financial Services LLC                       |  | United States              
|Hewitt Management Company LLC                       |  | United States