|                                                                          |  | Equity interest
|------------------------------------------------------------------------- |  | ---------------
|Principal Subsidiaries and Associated Companies as of February 2003       |  | (in %)         
|                                                                          |  |                
|Germany                                                                   |  |                
|                                                                          |  |                
|Herrmann Beteiligungs GmbH, Berlin                                        |  | 100            
|                                                                          |  |                
|Ernst Herrmann Ingenieur GmbH & Co. KG, Berlin                            |  | 100            
|                                                                          |  |                
|Other Europe                                                              |  |                
|                                                                          |  |                
|EPCOS OHG, Deutschlandsberg, Austria                                      |  | 100            
|                                                                          |  |                
|EPCOS Verwaltungsgesellschaft m.b.H. Deutschlandsberg, Austria            |  | 100            
|                                                                          |  |                
|EPCOS Lagerbetriebsgesellschaft m.b.H. Deutschlandsberg, Austria          |  | 100            
|                                                                          |  |                
|EPCOS s.r.o., umperk, Czech Republic                                     |  | 100            
|                                                                          |  |                
|EPCOS UK Ltd. Bracknell, England                                          |  | 100            
|                                                                          |  |                
|EPCOS Nordic OY Espoo, Helsinki, Finland                                  |  | 100            
|                                                                          |  |                
|EPCOS SAS, Bordeaux, France                                               |  | 100            
|                                                                          |  |                
|EPCOS Elektronikai Alkatrész Kft., Szombathely, Hungary                   |  | 100            
|                                                                          |  |                
|Becromal Norway AS, Notodden, Norway                                      |  | 25             
|                                                                          |  |                
|EPCOS-Peças e Componentes Electrónicos S.A., Évora,
Portugal              |  | 100            
|                                                                          |  |                
|EPCOS Electronic Components, S.A., Malaga, Spain                          |  | 100            
|                                                                          |  |                
|EPCOS Nordic AB Kista, Sweden                                             |  | 100            
|                                                                          |  |                
|EPCOS Schweiz Vertriebs GmbH, Schweiz                                     |  | 100            
|                                                                          |  |                
|EPCOS Nordic ApS, Herlev, Dänemark                                        |  | 100            
|                                                                          |  |                
|Asia                                                                      |  |                
|                                                                          |  |                
|EPCOS (Zhuhai FTZ) Co. Ltd., Zhuhai, China                                |  | 100            
|                                                                          |  |                
|EPCOS (Zhuhai) Co. Ltd., Zhuhai, China                                    |  | 100            
|                                                                          |  |                
|EPCOS Ltd. Hong Kong, China                                               |  | 100            
|                                                                          |  |                
|EPCOS (Xiaogan) Co. Ltd., Xiaogan, China                                  |  | 60             
|                                                                          |  |                
|EPCOS (Wuxi) Co. Ltd., Wuxi, China                                        |  | 100            
|                                                                          |  |                
|EPCOS (Shanghai) Ltd., Shanghai, China                                    |  | 100            
|                                                                          |  |                
|EPCOS (China) Investment Ltd., Shanghai, China                            |  | 100            
|                                                                          |  |                
|EPCOS India Private Ltd., Nashik, India                                   |  | 100            
|                                                                          |  |                
|EPCOS Ferrites Ltd. (former International Ferrites Ltd.), Calcutta,
India |  | 100            
|                                                                          |  |                
|EPCOS PTE LTD, Singapore                                                  |  | 100            
|                                                                          |  |                
|EPCOS SDN.BHD., Johor Bahru, Malaysia                                     |  | 100            
|                                                                          |  |                
|EPCOS KK., Tokio, Japan                                                   |  | 100            
|                                                                          |  |                
|EPCOS Taiwan Co., Ltd., Taipei, Taiwan                                    |  | 100            



---



|Americas                                                              |  |    
|--------------------------------------------------------------------- |  | ---
|                                                                      |  |    
|ICOTRON-Indústria de Componentes Electrônicos Ltda., Gravatai,
Brazil |  | 100
|                                                                      |  |    
|EPCOS, Inc., Iselin, New Jersey, U.S.                                 |  | 100
|                                                                      |  |    
|Crystal Technology, Inc., Palo Alto, California, U.S.                 |  | 100