Exhibit 8.1

List of Shares Held 2002

GRAPHIC

---

CONTENTS

|     |                                                                                                                                  |                                                                                                                               | Page
|---- | -------------------------------------------------------------------------------------------------------------------------------- | ----------------------------------------------------------------------------------------------------------------------------- | ----
|I.   | Fully, proportionally and equity consolidated subsidiaries and affiliates accounted for in the Consolidated Financial Statements | 3                                                                                                                            
|     | 1.                                                                                                                               | Fully consolidated subsidiaries (Section 290, Paragraph 2)                                                                    | 3   
|     |                                                                                                                                  |   Germany                                                                                                                    | 3   
|     |                                                                                                                                  |   Europe (outside Germany)                                                                                                   | 4   
|     |                                                                                                                                  |   North America                                                                                                              | 6   
|     |                                                                                                                                  |   South America                                                                                                              | 7   
|     |                                                                                                                                  |   Asia, Pacific Area, Africa                                                                                                 | 8   
|     | 2.                                                                                                                               | Proportionally consolidated subsidiaries (Section 310)                                                                        | 9   
|     |                                                                                                                                  |   Germany                                                                                                                    | 9   
|     |                                                                                                                                  |   Europe (outside Germany)                                                                                                   | 9   
|     |                                                                                                                                  |   North America                                                                                                              | 9   
|     |                                                                                                                                  |   Asia, Pacific Area, Africa                                                                                                 | 9   
|     | 3.                                                                                                                               | Equity consolidated subsidiaries (Section 312)                                                                                | 9   
|     |                                                                                                                                  |   Germany                                                                                                                    | 9   
|     |                                                                                                                                  |   Europe (outside Germany)                                                                                                   | 10  
|     |                                                                                                                                  |   South America                                                                                                              | 10  
|     |                                                                                                                                  |   Asia, Pacific Area, Africa                                                                                                 | 10  
|     | 4.                                                                                                                               | Equity consolidated affiliates (Section 312)                                                                                  | 10  
|     |                                                                                                                                  |   Germany                                                                                                                    | 10  
|     |                                                                                                                                  |   Europe (outside Germany)                                                                                                   | 11  
|     |                                                                                                                                  |   North America                                                                                                              | 11  
|II.  | Other subsidiaries, affiliates and other participating interests                                                                 | 12                                                                                                                           
|     | 1.                                                                                                                               | Non-consolidated minor subsidiaries (Section 296 [2])                                                                         | 12  
|     |                                                                                                                                  |   Germany                                                                                                                    | 12  
|     |                                                                                                                                  |   Europe (outside Germany)                                                                                                   | 13  
|     |                                                                                                                                  |   North America                                                                                                              | 16  
|     |                                                                                                                                  |   South America                                                                                                              | 17  
|     |                                                                                                                                  |   Asia, Pacific Area, Africa                                                                                                 | 17  
|     | 2.                                                                                                                               | Non-consolidated minor affiliates (Section 311 [2])                                                                           | 19  
|     |                                                                                                                                  |   Germany                                                                                                                    | 19  
|     |                                                                                                                                  |   Europe (outside Germany)                                                                                                   | 20  
|     |                                                                                                                                  |   North America                                                                                                              | 23  
|     |                                                                                                                                  |   South America                                                                                                              | 24  
|     |                                                                                                                                  |   Asia, Pacific Area, Africa                                                                                                 | 24  
|     | 3.                                                                                                                               | Participating interests of between 5 and 20 percent in major corporations (Section 285, No. 11 of the German Commercial Code) | 25  
|     |                                                                                                                                  |   Germany                                                                                                                    | 25  
|III. | Information on subsidiaries (exemptions under Section 264, Paragraph 3 and Section 264 b of the German Commercial Code)          | 26                                                                                                                           
|     |                                                                                                                                  |   Germany                                                                                                                    | 26  

2

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BASF Group and BASF Aktiengesellschaft 2001 List of Shares HeldPursuant to Section 313, Paragraph 2 and Section 285, No. 11  of the German Commercial Code

I.      Fully, proportionally and equity consolidated subsidiaries and affiliates accounted for in the Consolidated Financial Statements

1.    Fully consolidated subsidiaries (Section 290, Paragraph 2)

|Company and headquarters                                                     |                                           | Capital
held
(%) |       | of which
BASF AG
(%) |  | Stock-
holders
equity
(millions) |       | Earnings
after
taxes
(millions) |   | Currency
(ISO code)
|---------------------------------------------------------------------------- | ----------------------------------------- | ---------------- | ----- | -------------------- |  | -------------------------------- | ----- | ------------------------------- | - | -------------------
|Germany                                                                      |                                           |                  |       |                      |  |                                  |       |                                 |   |                    
|Achte BASF Finanzbeteiligungsgesellschaft mbH
Ludwigshafen (Rhine)           |                                           | 100.0            |       | 100.0                |  | 0.0                              |       | 0.0                             |   | EUR                
|BASF Beteiligungsgesellschaft mbH
Ludwigshafen (Rhine)                       |                                           | 100.0            |       | 100.0                |  | 1,847.9                          |       | (269.1                          | ) | EUR                
|BASF CIS Trading GmbH
Ludwigshafen (Rhine)                                   |                                           | 100.0            |       | 100.0                |  | 3.4                              |       | 0.4                             |   | EUR                
|BASF Coatings AG
Münster                                                     |                                           | 100.0            |       |                      |  | 239.6                            |       | *                               |   | EUR                
|BASF Drucksysteme GmbH
Stuttgart                                             |                                           | 100.0            |       |                      |  | 56.6                             |       | *                               |   | EUR                
|BASF Handels- und Export GmbH
Ludwigshafen (Rhine)                           |                                           | 100.0            |       | 100.0                |  | 1.5                              |       | *                               |   | EUR                
|BASF Immobilien-Gesellschaft mbH & Co. Pigment KG
Ludwigshafen (Rhine)       |                                           | 100.0            |       |                      |  | 10.6                             |       | 0.8                             |   | EUR                
|BASF Immobilien-Gesellschaft mbH & Co.
Drucksysteme KG, Ludwigshafen (Rhine) |                                           | 100.0            |       |                      |  | 5.1                              |       | 0.8                             |   | EUR                
|BASF IT Services GmbH
Ludwigshafen (Rhine)                                   |                                           | 100.0            |       |                      |  | 27.5                             |       | 7.1                             |   | EUR                
|BASF PharmaChemikalien GmbH & Co. KG
Ludwigshafen (Rhine)                    |                                           | 100.0            |       | 100.0                |  | 25.9                             |       | (1.2                            | ) | EUR                
|BASF Pigment GmbH
Ludwigshafen (Rhine)                                       |                                           | 100.0            |       |                      |  | 13.8                             |       | *                               |   | EUR                
|BASF Plant Science GmbH
Ludwigshafen (Rhine)                                 |                                           | 91.0             |       |                      |  | 3.1                              |       | *                               |   | EUR                
|BASF Plant Science Holding GmbH
Ludwigshafen (Rhine)                         |                                           | 100.0            |       | 100.0                |  | 183.4                            |       | *                               |   | EUR                
|BASF Schwarzheide GmbH
Schwarzheide                                          |                                           | 100.0            |       |                      |  | 209.1                            |       | *                               |   | EUR                
|Chemische Fabrik Wibarco GmbH
Ibbenbüren                                     |                                           | 100.0            |       |                      |  | 13.6                             |       | 6.1                             |   | EUR                
|Dr. Wolman GmbH
Sinzheim                                                     |                                           | 100.0            |       |                      |  | 5.6                              |       | 2.7                             |   | EUR                
|Elastogran-Gruppe Inland
Lemförde                                            |                                           | 100.0            |       |                      |  | 104.3                            |       | *                               |   | EUR                
|                                                                             | Includes:                                 |                  |       |                      |  |                                  |       |                                 |   |                    
|                                                                             | Elastogran GmbH
Lemförde                  |                  | 100.0 |                      |  |                                  | 102.4 |                                 | * |                    
|                                                                             | Elastogran Schwarzheide GmbH
Schwarzheide |                  | 100.0 |                      |  |                                  | 1.9   |                                 | * |                    

3

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|GEWOGE Wohnungsunternehmen der BASF GmbH
Ludwigshafen (Rhine)                  |  | 97.0  |  |       |  | 19.4    |  | *     |   | EUR
|------------------------------------------------------------------------------ |  | ----- |  | ----- |  | ------- |  | ----- | - | ---
|Guano-Werke GmbH
Ludwigshafen (Rhine)                                          |  | 100.0 |  | 100.0 |  | 2,462.4 |  | 542.6 |   | EUR
|Haidkopf GmbH
Kassel                                                           |  | 100.0 |  |       |  | 0.2     |  | *     |   | EUR
|LUWOGE Wohnungsunternehmen der BASF GmbH
Ludwigshafen (Rhine)                  |  | 100.0 |  |       |  | 41.7    |  | *     |   | EUR
|Ultraform GmbH & Co. KG
Ludwigshafen (Rhine)                                   |  | 100.0 |  | 100.0 |  | 23.0    |  | 9.5   |   | EUR
|Untertage-Speicher-Gesellschaft mbH
Kassel                                     |  | 100.0 |  |       |  | 3.0     |  | 3.9   |   | EUR
|WINGAS GbR
Kassel                                                              |  | 65.0  |  |       |  | 0.0     |  | *     |   | EUR
|WINGAS GmbH
Kassel                                                             |  | 65.0  |  |       |  | 123.5   |  | *     |   | EUR
|Wintershall AG
Kassel                                                          |  | 100.0 |  |       |  | 2,065.7 |  | *     |   | EUR
|Wintershall Erdgas Beteiligungs-GmbH
Kassel                                    |  | 100.0 |  |       |  | 207.7   |  | *     |   | EUR
|Wintershall Explorations- und Produktions- Beteiligungsgesellschaft mbH
Kassel |  | 100.0 |  |       |  | 46.6    |  | *     |   | EUR
|Wintershall Libyen Explorations- und Produkt. GmbH
Kassel                      |  | 100.0 |  |       |  | 156.5   |  | *     |   | EUR
|Europe (outside Germany)                                                       |  |       |  |       |  |         |  |       |   |    
|BASF Schweiz AG
Wädenswil/Au, Switzerland                                      |  | 100.0 |  | 100.0 |  | 32.0    |  | 5.7   |   | CHF
|BASF A/S
Copenhagen, Denmark                                                   |  | 100.0 |  | 100.0 |  | 72.1    |  | 26.4  |   | DKK
|BASF AB
Gothenburg, Sweden                                                     |  | 100.0 |  | 100.0 |  | 72.2    |  | 10.0  |   | SEK
|BASF Agri-Production S.A.S.
Gravelines, France                                 |  | 100.0 |  |       |  | 40.9    |  | 2.0   |   | EUR
|BASF Agro B.V.
Arnhem, the Netherlands                                         |  | 100.0 |  |       |  | 869.4   |  | 0.0   |   | EUR
|BASF Agro Hellas Industrial and Commercial S.A.
Athens, Greece                 |  | 100.0 |  | 100.0 |  | 4.9     |  | 1.2   |   | EUR
|BASF Agro S.A.S.
Tassin-La-Demi-Lune, France                                   |  | 100.0 |  |       |  | 63.0    |  | 42.9  |   | EUR
|BASF Agro Spa
Cesano Maderno, Italy                                            |  | 100.0 |  | 100.0 |  | 8.7     |  | 1.4   |   | EUR
|BASF Agrochemical Products B.V.
Arnhem, the Netherlands                        |  | 100.0 |  |       |  | 317.8   |  | (0.5  | ) | EUR
|BASF Antwerpen N.V.
Antwerp, Belgium                                           |  | 100.0 |  |       |  | 978.9   |  | 126.6 |   | EUR
|BASF AS
Asker, Norway                                                          |  | 100.0 |  | 100.0 |  | 65.4    |  | 17.1  |   | NOK

4

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|BASF Belgium S.A.
Brussels, Belgium                       |  | 100.0 |  | 100.0 |  | 23.0    |  | 3.4   |   | EUR
|--------------------------------------------------------- |  | ----- |  | ----- |  | ------- |  | ----- | - | ---
|BASF Coatings Holding B.V.
Maarssenbroek, the Netherlands |  | 100.0 |  |       |  | 182.6   |  | 24.3  |   | EUR
|BASF Coatings Ltd.
Deeside, United Kingdom                |  | 100.0 |  |       |  | 5.6     |  | 1.9   |   | GBP
|BASF Coatings S.A.S.
Clermont de l'Oise, France           |  | 100.0 |  |       |  | 51.8    |  | 8.4   |   | EUR
|BASF Coatings Spa
Burago Molgora, Italy                   |  | 100.0 |  |       |  | 3.7     |  | (3.6  | ) | EUR
|BASF Coatings S.A.
Guadalajara, Spain                     |  | 99.7  |  |       |  | 40.7    |  | 7.8   |   | EUR
|BASF Coordination Center N.V.
Antwerp, Belgium            |  | 100.0 |  | 73.4  |  | 9,275.2 |  | 300.3 |   | EUR
|BASF Curtex S.A.
L 'Hospitalet de Llobregat, Spain        |  | 100.0 |  |       |  | 32.2    |  | 4.2   |   | EUR
|BASF Drukinkt B.V.
Doetinchem, the Netherlands            |  | 100.0 |  |       |  | 5.6     |  | 1.7   |   | EUR
|BASF Española S.A.
Tarragona, Spain                       |  | 100.0 |  |       |  | 218.8   |  | 14.7  |   | EUR
|BASF France S.A.
Levallois-Perret, France                 |  | 100.0 |  | 100.0 |  | 84.5    |  | 42.5  |   | EUR
|BASF Health & Nutrition A/S
Ballerup, Denmark             |  | 100.0 |  | 100.0 |  | 256.9   |  | 28.6  |   | DKK
|BASF Holding Española S.L.
Barcelona, Spain               |  | 100.0 |  | 100.0 |  | 26.2    |  | 10.0  |   | EUR
|BASF Hungaria Kft.
Budapest, Hungary                      |  | 100.0 |  | 100.0 |  | 2,063.6 |  | 256.5 |   | HUF
|BASF Interservice Spa
Cesano Maderno, Italy               |  | 100.0 |  | 90.0  |  | 84.2    |  | 3.1   |   | EUR
|BASF Intertrade AG
Zug, Switzerland                       |  | 100.0 |  | 100.0 |  | 63.7    |  | 28.2  |   | CHF
|BASF IT Services B.V.
Arnhem, the Netherlands             |  | 100.0 |  | 100.0 |  | 85.7    |  | 0.6   |   | EUR
|BASF Italia Spa
Cesano Maderno, Italy                     |  | 100.0 |  |       |  | 49.0    |  | 6.9   |   | EUR
|BASF Nederland B.V.
Arnhem, the Netherlands               |  | 100.0 |  | 100.0 |  | 407.4   |  | 13.0  |   | EUR
|BASF Österreich Gesellschaft m.b.H.
Vienna, Austria       |  | 100.0 |  | 1.00  |  | 11.7    |  | 1.6   |   | EUR
|BASF Operations B.V.
Arnhem, the Netherlands              |  | 100.0 |  |       |  | 2.6     |  | (1.8  | ) | EUR
|BASF OY
Helsinki, Finland                                 |  | 100.0 |  | 100.0 |  | 22.3    |  | (4.8  | ) | EUR
|BASF plc
Wembley, United Kingdom                          |  | 100.0 |  |       |  | 97.6    |  | 24.3  |   | GBP
|BASF Polska Sp. z.o.o.
Warsaw, Poland                     |  | 100.0 |  | 100.0 |  | 72.8    |  | 12.8  |   | PLN
|BASF Printing Systems Ltd.
Horsham, United Kingdom        |  | 100.0 |  |       |  | 6.8     |  | 0.1   |   | GBP
|BASF Sonatrach Propanchem S.A.
Tarragona, Spain           |  | 51.0  |  |       |  | 71.1    |  | (10.0 | ) | EUR

5

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|BASF Systèmes d'Impression S.A.S.
Clermont de l'Oise, France       |                                                                             | 100.0 |       |       |  | 27.0    |         | 1.6    |        | EUR
|------------------------------------------------------------------ | --------------------------------------------------------------------------- | ----- | ----- | ----- |  | ------- | ------- | ------ | ------ | ---
|BASF UK Holdings Ltd.
Cheadle, Uniteed Kingdom                     |                                                                             | 100.0 |       | 100.0 |  | 30.8    |         |       |        | GBP
|BASF Vernici e Inchiostri Spa
Cinisello Balsamo, Italy             |                                                                             | 100.0 |       |       |  | 19.3    |         | 1.0    |        | EUR
|Cyanamid Russ A/O
Moscow, Russia                                   |                                                                             | 100.0 |       | 100.0 |  | (1.0    | )       | 0.1    |        | EUR
|Elastogran France S.A.
Mitry-Mory, France                          |                                                                             | 100.0 |       |       |  | 5.1     |         | 0.4    |        | EUR
|Elastogran Italia Spa (ELIT)
Villanova d'Asti, Italy               |                                                                             | 100.0 |       |       |  | 21.6    |         | 4.7    |        | EUR
|Elastogran S.A.
Rubí (Barcelona), Spain                            |                                                                             | 100.0 |       |       |  | 10.7    |         | 2.7    |        | EUR
|Elastogran U.K. Ltd. (EUK)
Alfreton, United Kingdom                |                                                                             | 100.0 |       |       |  | 3.1     |         | 0.5    |        | GBP
|Frank Wright Limited
Ashbourne, United Kingdom                     |                                                                             | 100.0 |       |       |  | 11.3    |         | 0.4    |        | GBP
|Société Foncière et Industrielle S.A.S.
Clermont de l'Oise, France |                                                                             | 100.0 |       |       |  | 7.2     |         | 0.1    |        | EUR
|Wintershall
Nederland Petroleum B.V.
The Hague, Netherlands        |                                                                             | 100.0 |       |       |  | 11.1    |         | 9.3    |        | EUR
|Wintershall Nederland Group                                        |                                                                             | 100.0 |       |       |  | 91.3    |         | 19.6   |        | EUR
|                                                                   | Includes:                                                                   |       |       |       |  |         |         |        |        |    
|                                                                   | Clyde Netherlands B.V.
The Hague, the Netherlands                           |       | 100.0 |       |  |         | 0.4     |        | 0.1    |    
|                                                                   | Clyde Petroleum Exploratie B.V.
The Hague, the Netherlands                  |       | 100.0 |       |  |         | 415.5   |        | 0.8    |    
|                                                                   | Wintershall Dubai Petroleum B.V.
The Hague, the Netherlands                 |       | 100.0 |       |  |         | 18.7    |        | 1.5    |    
|                                                                   | Wintershall Nederland B.V.
The Hague, the Netherlands                       |       | 100.0 |       |  |         | 69.4    |        | (2.2   | )  
|                                                                   | Wintershall Nederland Transport and Trading B.V.
The Hague, the Netherlands |       | 100.0 |       |  |         | 4.8     |        | 0.2    |    
|                                                                   | Wintershall Noordzee B.V.
The Hague, the Netherlands                        |       | 100.0 |       |  |         | 39.3    |        | 4.5    |    
|Wintershall Oil AG
Zug, Switzerland                                |                                                                             | 100.0 |       |       |  | 2.5     |         | 0.8    |        | CHF
|ZAO BASF
Moscow, Russia                                            |                                                                             | 100.0 |       | 100.0 |  | 2.0     |         | 0.6    |        | EUR
|North America                                                      |                                                                             |       |       |       |  |         |         |        |        |    
|BASFIN Corporation
Mount Olive, New Jersey                         |                                                                             | 100.0 |       | 100.0 |  | 3,094.7 |         | (0.2   | )      | USD
|BASF Americas Group                                                |                                                                             | 100.0 |       |       |  | 2,442.6 |         | (104.0 | )      | USD
|                                                                   | Includes:                                                                   |       |       |       |  |         |         |        |        |    
|                                                                   | BASF Americas Corporation
Mount Olive, New Jersey                           |       | 100.0 |       |  |         | 3,128.4 |        | 16.2   |    
|                                                                   | BASF Corporation
Mount Olive, New Jersey                                    |       | 100.0 |       |  |         | 605.4   |        | (161.5 | )  

6

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|                                              | BASF AgGenetics LLC
Research Triangle Park, North Carolina        |                                                           | 100.0 |       |       |          | (3.6    | )        | (3.7   | )      | USD 
|--------------------------------------------- | ----------------------------------------------------------------- | --------------------------------------------------------- | ----- | ----- | ----- | -------- | ------- | -------- | ------ | ------ | ----
|                                              | BASF Canada Inc.
Toronto, Ontario, Canada                         |                                                           | 100.0 |       |       |          | 108.6   |          | 33.4   |        | USD 
|                                              | BASF Inc.
Toronto, Ontario, Canada                                |                                                           | 100.0 |       | 100.0 |          | 1.7     |          | 1.2    |        | USD 
|                                              | BASF FINA Petrochemicals Ltd. Partnership
Mount Olive, New Jersey |                                                           | 60.0  |       |       |          | 126.7   |          | 2.2    |        | USD 
|                                              | BASF Plant Science Holding's Inc.
Mount Olive, New Jersey         |                                                           | 100.0 |       |       |          | 0.1     |          | 0.0    |        | USD 
|                                              | BASF Plant Science LLC
Mount Olive, New Jersey                    |                                                           | 100.0 |       |       |          | (7.5    | )        | (7.2   | )      | USD 
|                                              | BASF Printing Systems LLC
Charlotte, North Carolina               |                                                           | 100.0 |       |       |          | 0.0     |          | 0.0    |        | USD 
|                                              | Bodyshopmall.com LLC
Southfield, Michigan                         |                                                           | 100.0 |       |       |          | 9.1     |          | 5.7    |        | USD 
|                                              | Micro Flo Company LLC
Memphis, Tennessee                          |                                                           | 100.0 |       |       |          | 67.0    |          | 5.4    |        | USD 
|                                              | Thousand Springs Trout Farms Inc.
Wilmington, North Carolina      |                                                           | 100.0 |       |       |          | 0.0     |          | 0.0    |        | USD 
|                                              | BASF Properties Inc.
Toronto, Ontario, Canada                     |                                                           | 100.0 |       |       |          | 2.7     |          | 0.4    |        | USD 
|                                              | Tradewinds Chemicals Corporation
Mount Olive, New Jersey          |                                                           | 100.0 |       |       |          | 357.4   |          | 2.8    |        | USD 
|                                              | BASF de Mexico Group                                              |                                                           | 100.0 |       |       |          | 1,643.5 |          | (125.1 | )      | TMXN
|                                              |                                                                   | BASF Coatings de Mexico, S.A. de C.V.
Mexico City, Mexico |       | 100.0 |       |          |         | 340.1    |        | 27.5   |     
|                                              |                                                                   | BASF Interservicos, S.A. de C.V.
Mexico City, Mexico      |       | 100.0 |       |          |         | 0.1      |        | 0.0    |     
|                                              |                                                                   | BASF de Mexico, S.A. de C.V.
Mexico City, Mexico          |       | 100.0 |       | 100.0    |         | 1,774.2  |        | (140.6 | )   
|                                              |                                                                   | BASF Mexicana, S.A. de C.V.
Mexico City, Mexico           |       | 100.0 |       |          |         | 2,186.0  |        | (58.2  | )   
|South America                                 |                                                                   |                                                           |       |       |       |          |         |          |        |       
|BASF Argentina S.A.
Buenos Aires, Argentina   |                                                                   | 100.0                                                     |       | 99.9  |       | (452.1   | )       | (453.6   | )      | ARS   
|BASF Barranquilla S.A.
Barranquilla, Colombia |                                                                   | 100.0                                                     |       |       |       | 13,979.0 |         | 10,632.0 |        | COP   
|BASF S.A. Group
Brazil                        |                                                                   | 100.0                                                     |       |       |       | 830.6    |         | (193.4   | )      | BRL   
|                                              | Includes:                                                         |                                                           |       |       |       |          |         |          |        |        |     
|                                              | BASF S.A.
São Bernardo do Campo, Brazil                           |                                                           | 100.0 |       |       |          | 832.5   |          | (193.2 | )      | BRL 
|                                              | BASF Poliuretanos Ltda.
Maua, Brazil                              |                                                           | 100.0 |       |       |          | 22.6    |          | 4.3    |        | BRL 
|BASF Chile S.A.
Santiago de Chile, Chile      |                                                                   | 100.0                                                     |       | 99.9  |       | 25,888.0 |         | 4,868.0  |        | CLP   
|BASF de Costa Rica, S.A.
San José, Costa Rica |                                                                   | 100.0                                                     |       | 100.0 |       | 3,460.6  |         | 674.9    |        | CRC   
|BASF Paraguaya S.A.
Asunción, Paraguay        |                                                                   | 100.0                                                     |       | 100.0 |       | 48,141.2 |         | 6,729.1  |        | PYG   

7

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|BASF Peruana S.A.
Lima, Peru                                   |                                                                           | 99.8  |       | 99.8  |       | 24.4      |      | 12.1     |     | PEN
|-------------------------------------------------------------- | ------------------------------------------------------------------------- | ----- | ----- | ----- | ----- | --------- | ---- | -------- | --- | ---
|BASF Quimica Colombiana S.A.
Medellin, Colombia                |                                                                           | 100.0 |       | 100.0 |       | 45,352.0  |      | 5,178.0  |     | COP
|Wintershall Energía S.A.
Buenos Aires, Argentina               |                                                                           | 100.0 |       |       |       | 378.5     |      | 271.9    |     | ARS
|Asia, Pacific Area, Africa                                     |                                                                           |       |       |       |       |           |      |          |     |    
|BASF (China) Company Ltd.
Beijing, China                       |                                                                           | 100.0 |       | 100.0 |       | 1,040.0   |      | (2.2     | )   | CNY
|BASF (Malaysia) Sdn. Bhd.
Petaling Jaya, Malaysia              |                                                                           | 100.0 |       |       |       | 66.5      |      | 3.7      |     | MYR
|BASF (Thai) Ltd.
Bangkok, Thailand                             |                                                                           | 100.0 |       | 100.0 |       | 1,524.8   |      | 366.7    |     | THB
|BASF Agro Ltd.
Tokyo, Japan                                    |                                                                           | 100.0 |       |       |       | 496.0     |      | 448.0    |     | JPY
|BASF Australia Group                                           |                                                                           |       |       |       |       |           |      |          |     |    
|                                                               | Includes:                                                                 |       |       |       |       |           |      |          |     |    
|                                                               | BASF Australia Ltd.
Melbourne, Victoria, Australia                        |       | 100.0 |       | 100.0 |           | 22.4 |          | 3.4 |    
|                                                               | Cyanamid Agriculture PTY. Ltd.
Baulkham Hills, New South Wales, Australia |       | 100.0 |       |       |           |     |          | 0.9 |    
|BASF China Limited
Kowloon, Hong Kong, China                   |                                                                           | 100.0 |       | 100.0 |       | 232.6     |      | 48.7     |     | HKD
|BASF Colorants and Chemicals Co., Ltd.
Pudong, Shanghai, China |                                                                           | 100.0 |       |       |       | 763.0     |      | 183.9    |     | CNY
|BASF Company Ltd.
Seoul, South Korea                           |                                                                           | 100.0 |       |       |       | 434,840.0 |      | 33,675.0 |     | KRW
|BASF Dispersions Co., Ltd.
Tokyo, Japan                        |                                                                           | 67.0  |       |       |       | 481.0     |      | 39.0     |     | JPY
|BASF FZE
Dubai, VAE Dubai                                      |                                                                           | 100.0 |       | 100.0 |       | 4.2       |      | 3.2      |     | AED
|BASF India Ltd.
Mumbai, India                                  |                                                                           | 52.7  |       | 52.7  |       | 2,278.6   |      | 281.9    |     | INR
|BASF Japan Ltd.
Tokyo, Japan                                   |                                                                           | 100.0 |       | 100.0 |       | 18,492.0  |      | 1,550.0  |     | JPY
|BASF New Zealand Ltd.
Auckland, New Zealand                    |                                                                           | 100.0 |       | 100.0 |       | 10.7      |      | 1.6      |     | NZD
|BASF PETRONAS Chemicals Sdn. Bhd.
Petaling Jaya, Malaysia      |                                                                           | 60.0  |       | 60.0  |       | 1,183.8   |      | (151.4   | )   | MYR
|BASF Philippines, Inc.
Canlubang, Calamba Laguna, Philippines  |                                                                           | 100.0 |       | 100.0 |       | 724.0     |      | 48.0     |     | PHP
|BASF Services (Malaysia) Sdn. Bhd.
Petaling Jaya, Malaysia     |                                                                           | 100.0 |       | 100.0 |       | 228.7     |      | (4.5     | )   | MYR
|BASF Singapore Pte. Ltd.
Singapore                             |                                                                           | 100.0 |       | 100.0 |       | 12.7      |      | 2.2      |     | SGD
|BASF South Africa (Pty.) Ltd.
Halfway House, South Africa      |                                                                           | 100.0 |       | 100.0 |       | 116.1     |      | 2.5      |     | ZAR
|BASF South East Asia Pte. Ltd.
Singapore                       |                                                                           | 100.0 |       | 100.0 |       | 563.8     |      | 27.3     |     | SGD
|BASF Styrenics Holding Company**
Port Louis, Mauritius         |                                                                           | 74.0  |       | 74.0  |       | 43.5      |      | 0.0      |     | USD

8

---

|BASF Styrenics Private Ltd.**
Mumbai, India                               |  | 74.0  |  |       |  | 702.7       |  | (101.0       | ) | INR
|------------------------------------------------------------------------- |  | ----- |  | ----- |  | ----------- |  | ------------ | - | ---
|BASF Taiwan Ltd.
Taipei, Taiwan R.O.C.                                    |  | 100.0 |  | 100.0 |  | 170.4       |  | 30.8         |   | TWD
|BASF Trading (Shanghai) Co. Ltd.
Shanghai, China                          |  | 100.0 |  |       |  | 28.9        |  | 6.6          |   | CNY
|BASF Türk Kimya Sanayi ve Ticaret Ltd. Sti.
Istanbul, Turkey              |  | 100.0 |  | 99.0  |  | 3,533,179.0 |  | (2,629,920.0 | ) | TRL
|BASF Vitamins Company Ltd.
Shenyang, China                                |  | 98.0  |  | 60.0  |  | 174.5       |  | 19.5         |   | CNY
|P.T. BASF Indonesia
Jakarta, Indonesia                                    |  | 97.0  |  | 97.0  |  | 160,277.0   |  | 70,071.0     |   | IDR
|Yangzi-BASF Styrenics Co. Ltd.
Nanjing, China                             |  | 60.0  |  | 50.0  |  | 1,223.1     |  | 91.8         |   | CNY
|2.    Proportionally consolidated affiliates (Section 310)               
|Germany                                                                   |  |       |  |       |  |             |  |              |   |    
|BASF GE Schwarzheide GmbH & Co. KG
Schwarzheide                           |  | 50.0  |  | 50.0  |  | 21.2        |  | 5.4          |   | EUR
|Wintershall Erdgas Handelshaus GmbH (WIEH)
Berlin                         |  | 50.0  |  |       |  | 0.1         |  | *            |   | EUR
|Europe (outside Germany)                                                  |  |       |  |       |  |             |  |              |   |    
|ELLBAC.V.
Rotterdam, the Netherlands                                      |  | 50.0  |  |       |  | 109.1       |  | 48.7         |   | EUR
|Produits et Engrais Chimiques du Rhin S.A. (PEC Rhin)
Ottmarsheim, France |  | 50.0  |  | 50.0  |  | 26.2        |  | 4.2          |   | EUR
|Wintershall Erdgas Handelshaus AG
Zug, Switzerland                        |  | 50.0  |  |       |  | 2.6         |  | 50.7         |   | CHF
|North America                                                             |  |       |  |       |  |             |  |              |   |    
|Polioles, S.A. de C.V.
Mexico City, Mexico                                |  | 50.0  |  |       |  | 761.4       |  | (21.2        | ) | MXN
|Asia, Pacific Area, Africa                                                |  |       |  |       |  |             |  |              |   |    
|BASF Inoac Polyurethanes, Ltd. (BIP)
Shinshiro-Shi, Aichi, Japan          |  | 50.0  |  |       |  | 3,536.0     |  | 244.0        |   | JPY
|BASF NOF Coatings Co., Ltd.
Tokyo, Japan                                  |  | 50.0  |  |       |  | 19,733.0    |  | 89.0         |   | JPY
|BASF-YPC Company Ltd.
Nanjing, China                                      |  | 50.0  |  | 10.0  |  | 4,717.7     |  | (76.1        | ) | CNY
|ELLBA Eastern Private Ltd.
Singapore                                      |  | 50.0  |  |       |  | 40.4        |  | (21.1        | ) | USD
|Shanghai Gao Qiao-BASF Dispersions Co. Limited
Shanghai, China            |  | 50.0  |  | 40.0  |  | 323.8       |  | 66.1         |   | CNY
|3.    Equity consolidated subsidiaries (paragraph 312)                   
|Germany                                                                   |  |       |  |       |  |             |  |              |   |    
|BASF Future Business GmbH
Ludwigshafen (Rhine)                            |  | 100.0 |  | 100.0 |  | 200.7       |  | (2.6         | ) | EUR

9

---

|BASF Venture Capital GmbH
Ludwigshafen (Rhine)                      |  | 100.0 |  |       |  | 100.8   |   | 1.1     |   | EUR
|------------------------------------------------------------------- |  | ----- |  | ----- |  | ------- | - | ------- | - | ---
|Lucura Rückversicherungs GmbH
Ludwigshafen (Rhine)                  |  | 100.0 |  |       |  | 37.3    |   | 7.3     |   | EUR
|Tensid-Chemie Vertriebsgesellschaft mbH
Cologne                     |  | 100.0 |  |       |  | 2.3     |   | 3.0     |   | EUR
|Wintershall Lenkoran GmbH
Kassel                                    |  | 100.0 |  |       |  | 3.6     |   | 0.6     |   | EUR
|Wintershall Wolga Petroleum GmbH***
Kassel                          |  | 100.0 |  |       |  | 18.2    |   | 1.3     |   | EUR
|Europe (outside Germany)                                            |  |       |  |       |  |         |   |         |   |    
|BASF Coatings Refinish AG
Wädenswil/Au, Schweiz                     |  | 100.0 |  |       |  | 1.2     |   | 0.1     |   | CHF
|BASF Coatings Refinish Ltd.
Didcot, United Kingdom                  |  | 100.0 |  |       |  | 3.1     |   | 0.1     |   | GBP
|BASF Coatings Refinish Spa
Burago Molgora, Italy                    |  | 100.0 |  |       |  | 7.9     |   | 0.3     |   | EUR
|BASF Ireland Limited
Dublin, Ireland                                |  | 100.0 |  | 100.0 |  | 2.2     |   | 1.2     |   | EUR
|BASF Sistemas de Impresión, S.A.
Vilanova del Valles, Spain         |  | 100.0 |  |       |  | 5.0     |   | (0.1    | ) | EUR
|South America                                                       |  |       |  |       |  |         |   |         |   |    
|BASF Ecuatoriana S.A.
Quito, Ecuador                                |  | 100.0 |  | 99.9  |  | 5.0     |   | 1.1     |   | EUR
|BASF Poliuretanos S.A.
Buenos Aires, Argentina                      |  | 100.0 |  |       |  | (45.3   | ) | (40.8   | ) | ARS
|BASF Sistemas Graficos Ltda.
Caieiras-SP, Brazil                    |  | 100.0 |  |       |  | 1.0     |   | (22.1   | ) | BRL
|BASF Venezolana, S.A.
Caracas, Venezuela                            |  | 100.0 |  | 100.0 |  | 4,720.2 |   | 2,847.8 |   | VEB
|Asia, Pacific Area, Africa                                          |  |       |  |       |  |         |   |         |   |    
|BASF Headway Polyurethanes (Taiwan) Co. Ltd.
Hsinchu, Taiwan R.O.C. |  | 100.0 |  | 100.0 |  | 73.4    |   | 12.7    |   | TWD
|BASF Hua Yuan Nylon Company Ltd.***
Shanghai, China                 |  | 100.0 |  |       |  | 29.6    |   | (18.9   | ) | CNY
|BASF JCIC Neopentylglycol Company Ltd.
Jilin City, China            |  | 60.0  |  | 50.0  |  | 109.9   |   | 8.2     |   | CNY
|BASF Pakistan (Private) Ltd.
Karachi, Pakistan                      |  | 51.0  |  | 51.0  |  | 313.7   |   | 123.5   |   | PKR
|BASF Polyurethanes (Malaysia) Sdn. Bhd.
Petaling Jaya, Malaysia     |  | 100.0 |  |       |  | 9.1     |   | 1.7     |   | MYR
|BASF Shanghai Coatings Company Ltd.
Shanghai, China                 |  | 60.0  |  |       |  | 85.4    |   | 20.8    |   | CNY
|4.    Equity consolidated affiliates (Section 312)                 
|Germany                                                             |  |       |  |       |  |         |   |         |   |    
|DyStar Textilfarben GmbH & Co. Germany KG***
Frankfurt (Main)       |  | 30.0  |  | 30.0  |  | 456.2   |   | 15.2    |   | EUR
|Solvin GmbH & Co. KG***
Hanover                                     |  | 25.0  |  | 25.0  |  | 352.1   |   | (5.6    | ) | EUR

10

---

|Europe (outside Germany)                             |  |      |  |      |  |         |  |       |   |    
|---------------------------------------------------- |  | ---- |  | ---- |  | ------- |  | ----- | - | ---
|Basell N.V.***
Hoofddorp, the Netherlands            |  | 50.0 |  | 17.8 |  | 3,206.7 |  | 7.4   |   | EUR
|Svalöf Weibull AB***
Svalöv, Sweden                  |  | 40.0 |  |      |  | 539.2   |  | (44.1 | ) | SEK
|North America                                        |  |      |  |      |  |         |  |       |   |    
|Sabina Petrochemicals LLC
Wilmington, North Carolina |  | 23.4 |  |      |  | 36.5    |  | 0.0   |   | USD

---

11

---

II.    Other subsidiaries, affiliates and other participating interests

1.    Non-consolidated minor subsidiaries (Section 296 [2])

|Company and headquarters                                                                          |  | Capital
held
(%) |  | of which
BASF AG
(%)
|------------------------------------------------------------------------------------------------- |  | ---------------- |  | --------------------
|Germany                                                                                           |  |                  |  |                     
|Achte BASF Chemiebeteiligungsgesellschaft mbH
Ludwigshafen (Rhine)                                |  | 100.0            |  | 100.0               
|Achte BASF Erwerbsgesellschaft mbH
Ludwigshafen (Rhine)                                           |  | 100.0            |  | 100.0               
|Achte BASF Projektentwicklungsgesellschaft mbH
Ludwigshafen (Rhine)                               |  | 100.0            |  | 100.0               
|ART-Autolack-Systeme GmbH
Dortmund                                                                |  | 100.0            |  |                     
|Ausbildungsplatzinitiative Pfalz GmbH
Ludwigshafen (Rhine)                                        |  | 97.0             |  | 97.0                
|BASF Akquisitions- und Objektverwertungsgesellschaft mbH
Ludwigshafen (Rhine)                     |  | 100.0            |  | 100.0               
|BASF Chemikalien GmbH
Ludwigshafen (Rhine)                                                        |  | 100.0            |  | 100.0               
|BASF ChemTrade GmbH
Burgbernheim                                                                  |  | 100.0            |  | 100.0               
|BASF Immobilien-Gesellschaft mbH
Ludwigshafen (Rhine)                                             |  | 100.0            |  | 100.0               
|BASF Innovationsfonds GmbH
Ludwigshafen (Rhine)                                                   |  | 100.0            |  | 100.0               
|BASF Isocyanate China Investment GmbH
Ludwigshafen (Rhine)                                        |  | 100.0            |  |                     
|BASF Jobmarkt GmbH
Ludwigshafen (Rhine)                                                           |  | 100.0            |  | 100.0               
|BASF Katalysatorproduktionsgesellschaft Köln mbH
Ludwigshafen (Rhine)                             |  | 100.0            |  | 100.0               
|BASF Lizenz GmbH
Ludwigshafen (Rhine)                                                             |  | 100.0            |  |                     
|BASF Mobilienleasing GmbH
Ludwigshafen (Rhine)                                                    |  | 100.0            |  |                     
|BASF Power GmbH
Ludwigshafen (Rhine)                                                              |  | 100.0            |  | 100.0               
|BASF SpezialdüngerPensionsverwaltung GmbH
Münster                                                |  | 100.0            |  |                     
|Dr. Heinrich von Brunck Gedächtnisstiftung für Werksangehörige der BASF GmbH
Ludwigshafen (Rhine) |  | 95.0             |  | 95.0                
|Gesellschaft zur Förderung der Lackkunst mbH
Münster                                              |  | 100.0            |  |                     
|Gewerkschaft des konsolidierten Steinkohlenbergwerks Breitenbach GmbH
Ludwigshafen (Rhine)        |  | 100.0            |  | 100.0               
|Gewerkschaft Röchling GmbH
Kassel                                                                 |  | 100.0            |  |                     
|Glasurit GmbH
Münster-Hiltrup                                                                     |  | 100.0            |  |                     
|Guano-Werke Pensionsverwaltung GmbH
Ludwigshafen (Rhine)                                          |  | 100.0            |  |                     
|Guano-Werke Vermögensverwaltung AG
Ludwigshafen (Rhine)                                           |  | 99.8             |  |                     

12

---

|Ink Logistic Management GmbH
Stuttgart                                               |  | 100.0 |  |      
|------------------------------------------------------------------------------------ |  | ----- |  | -----
|K + E Druckfarben Vertriebsgesellschaft mbH
Stuttgart                                |  | 100.0 |  |      
|LUCARA Immobilienverwaltungs GmbH
Ludwigshafen (Rhine)                               |  | 100.0 |  | 100.0
|ME Projektabwicklung GmbH
Ludwigshafen (Rhine)                                       |  | 100.0 |  |      
|Metanomics GmbH & Co. KGaA
Berlin-Charlottenburg                                     |  | 80.0  |  |      
|Metanomics Verwaltungsgesellschaft mbH
Berlin-Charlottenburg                         |  | 100.0 |  |      
|PEG Personalentwicklungsgesellschaft mbH
Cologne                                     |  | 100.0 |  |      
|Projektentwicklungs-GmbH Friesenheimer Insel
Ludwigshafen (Rhine)                    |  | 100.0 |  | 100.0
|R-M Autolacke Vertriebs GmbH
Heusenstamm                                             |  | 100.0 |  |      
|SEWOGE Service- und Wohnungsunternehmen GmbH
Schwarzheide                            |  | 100.0 |  | 100.0
|SGS-Schwarzheider Gastronomie und Service GmbH
Schwarzheide                          |  | 100.0 |  |      
|Siebte BASF Projektentwicklungsgesellschaft mbH
Ludwigshafen (Rhine)                 |  | 100.0 |  | 100.0
|Simpex GmbH
St.Ingbert                                                               |  | 100.0 |  |      
|SunGene GmbH & Co. KGaA
Gatersleben                                                  |  | 66.0  |  |      
|SunGene Verwaltungsgesellschaft mbH
Gatersleben                                      |  | 100.0 |  |      
|Ultraform Verwaltungsgesellschaft mbH
Ludwigshafen (Rhine)                           |  | 100.0 |  | 100.0
|Vitamultina Pharmazeutische und Nahrungsergänzungsprodukte GmbH
Ludwigshafen (Rhine) |  | 100.0 |  | 100.0
|Wintershall Bank GmbH
Kassel                                                         |  | 100.0 |  |      
|Wintershall Vermögensverwaltungsgesellschaft mbH
Ludwigshafen (Rhine)                |  | 100.0 |  |      
|Zweite BASF Immobilien-Gesellschaft mbH
Ludwigshafen (Rhine)                         |  | 100.0 |  | 95.0 
|Europe (outside Germany)                                                             |  |       |  |      
|ART Autolack-Systeme, S.A.
uadalajara, Spain                                         |  | 99.7  |  |      
|Auto Make-up S.A.R.L.
Maurepas, France                                               |  | 100.0 |  |      
|Awiag Ltd.
Valetta, Malta                                                            |  | 100.0 |  |      
|BASCOM AG
Wädenswil/Au, Switzerland                                                  |  | 100.0 |  |      
|BASCOM Belgium N.V.
Brussels, Belgium                                                |  | 100.0 |  |      
|BASCOM France S.A.S.
Levallois-Perret, France                                        |  | 100.0 |  |      

13

---

|BASCOM NL B.V.
Arnhem, the Netherlands                                |  | 100.0 |  |      
|--------------------------------------------------------------------- |  | ----- |  | -----
|BASF Automotive Coatings Services S.A.R.L.
Clermont de l'Oise, France |  | 100.0 |  |      
|BASF Automotive Coatings Services S.R.O.
Bratislava, Slovakia         |  | 100.0 |  |      
|BASF Automotive Coatings Services Sp.Z.O.O.
Swarzedz, Poland          |  | 100.0 |  |      
|BASF Automotive Storitve ZA Avtomobilske d.o.o.
Ljubljana, Slovenia   |  | 100.0 |  |      
|BASF Biocides Ltd.
Ruddington, United Kingdom                         |  | 100.0 |  | 100.0
|BASF Coatings Nederland B.V.
Maarssenbroek, the Netherlands           |  | 100.0 |  |      
|BASF Coatings Refinish GmbH
Eugendorf, Austria                        |  | 100.0 |  |      
|BASF Coatings Refinish Norden AB
Hisings Kaerra, Sweden               |  | 100.0 |  |      
|BASF Coatings Refinish S.A./N.V.
Brussels, Belgium                    |  | 100.0 |  |      
|BASF Coil Coatings Spa
Caronno Pertusella, Italy                      |  | 100.0 |  |      
|BASF Colorants Trading S.A.
San Vittore, Switzerland                  |  | 100.0 |  | 100.0
|BASF Container Coatings Systems S.A.S.
Clermont de l'Oise, France     |  | 100.0 |  |      
|BASF Curtex Productos Químicos Ltda
Porto, Portugal                   |  | 100.0 |  |      
|BASF Croatia d.o.o.
Zagreb, Croatia                                   |  | 100.0 |  | 100.0
|BASF Drucksysteme Austria GmbH
Vienna, Austria                        |  | 100.0 |  |      
|BASF Drucksysteme Schweiz GmbH
Wädenswil/Au, Switzerland              |  | 95.0  |  |      
|BASF EOOD
Sofia, Bulgaria                                             |  | 100.0 |  | 100.0
|BASF Finance Europe N.V.
Arnhem, the Netherlands                      |  | 100.0 |  | 100.0
|BASF IT Services Holding Ltd.
Cheadle, United Kingdom                 |  | 100.0 |  |      
|BASF IT Services Ltd.
Wilmslow, United Kingdom                        |  | 100.0 |  |      
|BASF IT Services N.V.
Antwerp, Belgium                                |  | 100.0 |  |      
|BASF IT Services S.A.
Barcelona, Spain                                |  | 100.0 |  |      
|BASF IT Services Spa
Cesano Maderno, Italy                            |  | 100.0 |  |      
|BASF Jugoslavija d.o.o.
Belgrade, Serbia-Montenegro                   |  | 100.0 |  | 100.0
|BASF Portuguesa Lda.
Prior Velho, Portugal                            |  | 100.0 |  | 70.5 

14

---

|BASF Printing Systems Ireland Ltd.
Blackrock, Ireland               |  | 100.0 |  |      
|------------------------------------------------------------------- |  | ----- |  | -----
|BASF Printing Systems S.A.
Vilvoorde, Belgium                       |  | 99.9  |  |      
|BASF Schou Tryksystemer A/S
Vamdrup, Denmark                        |  | 100.0 |  |      
|BASF Slovenija d.o.o.
Ljubljana, Slovenia                           |  | 100.0 |  | 100.0
|BASF Slovensko spol. s r.o.
Bratislava, Slovakia                    |  | 100.0 |  | 100.0
|BASF spol. s r.o.
Prague, Czech Republic                            |  | 100.0 |  | 100.0
|BASF SRL
Bucharest, Romania                                         |  | 100.0 |  | 100.0
|BASF Styrodur Iberica, S.L.
Tudela, Spain                           |  | 100.0 |  |      
|BASF Tovarystvo z Obmezenoju Vidpovdal'nistju
Kiev, Ukraine         |  | 100.0 |  | 99.0 
|BASF Trading Center GmbH
Vienna, Austria                            |  | 100.0 |  |      
|BASF Trading Centre Española S.L.
Barcelona, Spain                  |  | 100.0 |  |      
|BASF Trading Centre Italia Spa
Cesano Maderno, Italy                |  | 100.0 |  |      
|BASF Trading Centre-Produtos Quimicos Lda.
Marinha Grande, Portugal |  | 100.0 |  |      
|BASF Wostok OOO
Moscow, Russia                                      |  | 100.0 |  | 100.0
|BASIS Kemi A/S
Copenhagen, Denmark                                  |  | 100.0 |  |      
|Boots Galenika d.o.o.
Belgrade, Serbia-Montenegro                   |  | 51.0  |  | 51.0 
|Cheadle Colour & Chemicals Limited
Cheadle, United Kingdom          |  | 100.0 |  |      
|Clyde Petroleum (E & P) B.V.
The Hague, the Netherlands             |  | 100.0 |  |      
|COMPAREX Information Systems Ltd.
Cheadle, United Kingdom           |  | 100.0 |  |      
|Couleurs-Paris S.A.R.L.
Clermont de l'Oise, France                  |  | 100.0 |  |      
|Cyanamid Agro S.A./N.V.
Gembloux, Belgium                           |  | 100.0 |  |      
|Cyanamid CR s.r.o.
Prague, Czech Republic                           |  | 100.0 |  | 100.0
|Cyanamid Ireland Limited
Clonee, Ireland                            |  | 100.0 |  |      
|Cyanamid Slovakia s.r.o.
Bratislava, Slovakia                       |  | 100.0 |  | 100.0
|Elastogran Kemipur Poliuretan System Kft.
Solymar, Hungary          |  | 90.0  |  |      
|Fishburn Printing Ink Company, Ltd.
Cheadle, United Kingdom         |  | 100.0 |  |      

15

---

|Frank Wright (Feed Supplements) Limited
Ashbourne, United Kingdom    |  | 100.0 |  |      
|-------------------------------------------------------------------- |  | ----- |  | -----
|Frank Wright (Transport) Limited
Ashbourne, United Kingdom           |  | 100.0 |  |      
|Frank Wright Feeds (International) Limited
Ashbourne, United Kingdom |  | 100.0 |  |      
|Haus am Kai 1, OOO
Moscow, Russia                                    |  | 100.0 |  | 19.6 
|Himmoba AG
Wädenswil/Au, Switzerland                                 |  | 100.0 |  |      
|Inmont Limited
Cheadle, United Kingdom                               |  | 100.0 |  |      
|Knoll Polska Sp z.o.o
Warsaw, Poland                                 |  | 100.0 |  | 100.0
|Lipogene AB
Svalöv, Sweden                                           |  | 91.0  |  |      
|Minden Farmaceutical Lda.
Lisbon, Portugal                           |  | 100.0 |  | 100.0
|Organchemie Gesellschaft m.b.H.
Vienna, Austria                      |  | 100.0 |  |      
|Plant Science Sweden AB
Svalöv, Sweden                               |  | 91.0  |  |      
|R-M Automotive Refinish Limited
Enfield, United Kingdom              |  | 100.0 |  |      
|Rainbow Masterbatch Belgium N.V.
Kuurne, Belgium                     |  | 100.0 |  |      
|Valentine Limited
Cheadle, United Kingdom                            |  | 100.0 |  |      
|Western Ink Company Limited
Cheadle, United Kingdom                  |  | 100.0 |  |      
|Wintershall Gas spol. s r.o.
Prague, Czech Republic                  |  | 100.0 |  |      
|Wintershall Services B.V.
The Hague, the Netherlands                 |  | 100.0 |  |      
|North America                                                        |  |       |  |      
|Arnprior-Nepean Railway Company Inc.
Toronto, Ontario, Canada        |  | 100.0 |  |      
|Automotive Refinish Technologies, LLC
Dearborn, Michigan             |  | 100.0 |  |      
|Automotive Refinish Technology, Inc. (ART)
Toronto, Ontario, Canada  |  | 100.0 |  |      
|BASF Nichiyu Coatings North America Inc.
Mount Olive, New Jersey     |  | 100.0 |  |      
|BASF Performance Copolymers LLC
Wilmington, North Carolina           |  | 100.0 |  |      
|BASF Venture Capital Canada Inc.
Toronto, Ontario, Canada            |  | 100.0 |  |      
|BF Textile Colours Holding Inc.
Wilmington, North Carolina           |  | 100.0 |  | 100.0
|BodyShopmall.com Inc.
Toronto, Ontario, Canada                       |  | 100.0 |  |      
|DNA Landmarks Inc.
St.-Jean-sur-Richelieu, Quebec, Canada            |  | 81.9  |  |      

16

---

|Micro Flo de Mexico S. A. de C.V.
Mexico City, Mexico                 |  | 100.0 |  |      
|--------------------------------------------------------------------- |  | ----- |  | -----
|Transpharm Inc.
Mount Olive, New Jersey                               |  | 100.0 |  |      
|South America                                                         |  |       |  |      
|Aislapol S.A.
Santiago de Chile, Chile                                |  | 100.0 |  | 99.9 
|Basanil S.A.
Buenos Aires, Argentina                                  |  | 100.0 |  | 100.0
|BASF Bolivia S.R.L.
La Paz, Bolivia                                   |  | 100.0 |  | 100.0
|BASF de El Salvador, S.A. de C.V.
San Salvador, El Salvador           |  | 100.0 |  | 100.0
|BASF de Guatemala S.A. de C.V.
Guatemala City, Guatemala              |  | 100.0 |  | 99.0 
|BASF de Nicaragua S.A.
Managua, Nicaragua                             |  | 99.9  |  |      
|BASF Dominicana, S.A.
Santo Domingo, Dominican Republic               |  | 100.0 |  | 100.0
|BASF Panama S.A.
Panama City, Panama                                  |  | 100.0 |  | 100.0
|BASF Uruguaya S.A.
Montevideo, Uruguay                                |  | 100.0 |  | 100.0
|Campos Norte Exploracão e Producão S.A.
Rio de Janeiro, Brazil        |  | 100.0 |  |      
|Cyanamid de Argentina S.A.I.C.
Buenos Aires, Argentina                |  | 100.0 |  |      
|Cyanamid El Salvador S.R.L.
San Salvador, El Salvador                 |  | 100.0 |  | 100.0
|Cyanamid de Uruguay S.A.
Montevideo, Uruguay                          |  | 100.0 |  |      
|Isoseguro Corretora de Seguros Ltda.
São Bernardo do Campo, Brazil    |  | 99.0  |  |      
|Knoll Centroamericana, S.A.
Ciudad de Guatemala, Guatemala            |  | 100.0 |  | 100.0
|Tintas Graficas S.A.
Santiago de Chile, Chile                         |  | 92.5  |  |      
|Tintas Graficas S.A.
San Luis, Argentina                              |  | 92.5  |  |      
|Wintershall BM-C-19 Ltda.
Rio de Janeiro, Brazil                      |  | 100.0 |  |      
|Wintershall BM-ES-1 Ltda.
Rio de Janeiro, Brazil                      |  | 100.0 |  |      
|Wintershall BM-ES-7 Ltda.
Rio de Janeiro, Brazil                      |  | 100.0 |  |      
|Wintershall BM-S-14 Ltd.
Rio de Janeiro, Brazil                       |  | 100.0 |  |      
|Wintershall do Brasil Servicos Ltda.
Rio de Janeiro, Brazil           |  | 100.0 |  |      
|Asia, Pacific Area, Africa                                            |  |       |  |      
|ART Automotive Refinish Technologies (PTY) Ltd.
Midrand, South Africa |  | 100.0 |  |      

17

---

|BASF (Ethiopia) Ltd. P.L.C.
Addis Ababa, Ethiopia                           |  | 100.0 |  | 100.0
|--------------------------------------------------------------------------- |  | ----- |  | -----
|BASF (Ghana) Ltd.
Accra, Ghana                                              |  | 100.0 |  | 100.0
|BASF (Nigeria) Ltd.
Lagos, Nigeria                                          |  | 100.0 |  | 100.0
|BASF Afrique de l'Ouest S.A.R.L.
Abidjan, Ivory Coast                       |  | 100.0 |  | 100.0
|BASF Agro Ltd.
Seoul, South Korea                                           |  | 100.0 |  |      
|BASF Angola Produtos Quimicos, Lda.
Luanda, Angola                          |  | 100.0 |  | 75.0 
|BASF Animal Nutrition (Pty.) Ltd.
Beaconvale, South Africa                  |  | 100.0 |  |      
|BASF Bangladesh Ltd.
Dacca, Bangladesh                                      |  | 76.4  |  | 76.4 
|BASF Chemdyes Sdn. Bhd.
Perai, Malaysia                                     |  | 51.0  |  | 51.0 
|BASF Chemicals and Polymers (Pvt.)Ltd.
Karachi, Pakistan                    |  | 100.0 |  | 100.0
|BASF Chemicals Company Ltd.
Shanghai, China                                 |  | 100.0 |  |      
|BASF Coating International Trade (Shanghai) Co. Ltd.
Shanghai, China        |  | 100.0 |  |      
|BASF Coatings (Pty.) Ltd.
Kinshasa, Democratic Republic of Congo (Zaire)    |  | 100.0 |  |      
|BASF Coatings (Pty.) Ltd.
Wetherill Park, New South Wales, Australia        |  | 51.0  |  |      
|BASF Coatings + Inks Philippines Inc.
Makati, Metro Manila, Philippines     |  | 100.0 |  |      
|BASF Coatings Inc.
Makati City, Philippines                                 |  | 100.0 |  |      
|BASF Coatings Ltd.
Bangalore, India                                         |  | 100.0 |  |      
|BASF Coatings PMB(Pty.) Ltd.
Gallo Manor, South Africa                      |  | 100.0 |  |      
|BASF Colorants Pte. Ltd.
Singapore                                          |  | 100.0 |  | 100.0
|BASF East Africa Ltd.
Nairobi, Kenya                                        |  | 100.0 |  | 100.0
|BASF East Asia Regional Headquarters Limited
Hong Kong, China               |  | 100.0 |  | 100.0
|BASF Headway Hongkong Polyurethanes (China) Co. Ltd.
Panyu Guangdong, China |  | 100.0 |  |      
|BASF Industries Private Ltd.
Mumbai, India                                  |  | 100.0 |  | 100.0
|BASF Iran AG
Teheran, Iran                                                  |  | 100.0 |  | 100.0
|BASF Ltd.
Cairo, Egypt                                                      |  | 100.0 |  | 99.0 
|BASF Maroc S.A.
Casablanca, Morocco                                         |  | 100.0 |  | 100.0

18

---

|BASF Neuvet (Pty.) Ltd.
Kempton Park, South Africa                     |  | 100.0 |  |      
|---------------------------------------------------------------------- |  | ----- |  | -----
|BASF S.P.A.
Hydra, Algeria                                             |  | 100.0 |  | 100.0
|BASF Takeda Vitamins Ltd.
Tokyo, Japan                                 |  | 66.0  |  |      
|BASF Textile and Leather Centre Asia Sdn. Bhd.
Petaling Jaya, Malaysia |  | 100.0 |  | 100.0
|BASF-Finlay (Private) Limited
Colombo, Sri Lanka                       |  | 66.7  |  | 66.7 
|Cyanamid Agriculture Taiwan Corporation
Taipei, Taiwan                 |  | 55.0  |  | 55.0 
|Cyanamid Agricultural Products Sdh. Bhd.
Petaling Jaya, Malaysia       |  | 100.0 |  | 100.0
|Cyanamid Limited
Lilongwe, Malawi                                      |  | 100.0 |  |      
|Cyanamid Zambia Ltd.
Lusaka, Zambia                                    |  | 100.0 |  |      
|Cyanamid Zimbabwe (PVT) Ltd.
Workington, Zimbabwe                      |  | 100.0 |  |      
|Elastogran Polürethan Sanayi ve Ticaret A.S.
Pendik-Istanbul, Turkey   |  | 100.0 |  |      
|ME Vitamin Pte. Ltd.
Singapore                                         |  | 100.0 |  | 100.0
|Shanghai BASF Polyurethane Company
Shanghai, China                     |  | 70.0  |  |      
|2.    Non-equity-consolidated minor affiliates (Section 311 [2])      
|Germany                                                                |  |       |  |      
|Aurentum Innovationstechnologien GmbH
Mainz                            |  | 25.2  |  |      
|Axaron Bioscience AG
Heidelberg                                        |  | 43.4  |  | 43.4 
|Basell Bayreuth Chemie GmbH
Eschborn                                   |  | 47.0  |  |      
|Basell Chemie Köln GmbH
Wesseling                                      |  | 50.0  |  |      
|Basell Germany GmbH
Mainz                                              |  | 50.0  |  |      
|Basell Germany Holding GmbH
Düsseldorf                                 |  | 50.0  |  |      
|Basell Middle East GmbH
Wesseling                                      |  | 50.0  |  |      
|Basell Polyolefine GmbH
Kehl                                           |  | 50.0  |  |      
|BASF GE Schwarzheide Beteiligungs GmbH
Schwarzheide                    |  | 50.0  |  | 50.0 
|CWD Chemie-Wirtschaftsdatenbanken GmbH
Frankfurt (Main)                |  | 50.0  |  | 50.0 
|CWK Software und Service GmbH
Mannheim                                 |  | 27.2  |  |      

19

---

|DATASOUND Gesellschaft zur Entwicklung und Vermarktung digitaler Audio- und Informationssysteme
Ludwigshafen (Rhine) |  | 25.0 |  |     
|-------------------------------------------------------------------------------------------------------------------- |  | ---- |  | ----
|Deutsche Energy One GmbH
Frankfurt (Main)                                                                            |  | 37.5 |  |     
|DyStar Textilfarben GmbH
Frankfurt (Main)                                                                            |  | 30.0 |  | 30.0
|Edisen-Electronic GmbH
Lauchhammer                                                                                   |  | 20.0 |  |     
|Emsland-Erdölleitung GmbH
Osterwald                                                                                  |  | 25.0 |  |     
|Envimax GmbH
Heddesheim                                                                                              |  | 50.0 |  |     
|Erdgasverkaufsgesellschaft mbH
Münster Osterwald                                                                     |  | 28.8 |  |     
|Gesellschaft für Wohnungs-, Gewerbe- und Städtebau Aktiengesellschaft
Ludwigshafen (Rhine)                           |  | 30.0 |  |     
|Ginger GmbH
Ludwigshafen (Rhine)                                                                                     |  | 22.0 |  | 22.0
|KDG Kommunale Dienste GmbH
Mannheim                                                                                  |  | 22.5 |  |     
|KGS Keto-Gulonsäure Ges. beschränkt haftende OHG
Krefeld                                                             |  | 33.3 |  | 33.3
|Netformfive GmbH
Mannheim                                                                                            |  | 20.0 |  |     
|Projektförderung Initiative für Beschäftigung GmbH
Münster                                                           |  | 25.0 |  |     
|RAIL4CHEM Eisenbahnverkehrsgesellschaft mbH
Essen                                                                    |  | 25.0 |  | 25.0
|Rheingas Erdgasleitungsgesellschaft mbH i.L.
Hanover                                                                 |  | 50.0 |  | 50.0
|Solvin Europe GmbH
Hanover                                                                                           |  | 25.2 |  | 25.2
|S.T.E.P. Personalentwicklungsgesellschaft mbH
Ludwigshafen (Rhine)                                                   |  | 33.4 |  | 33.4
|Thermische Rückstandsverwertung GmbH & Co KG (TRV)
Wesseling                                                         |  | 30.0 |  |     
|Wilhelm Worm GmbH
Frankfurt (Main)                                                                                   |  | 50.0 |  |     
|Wirtschaftliche Vereinigung für Kraftstoffe GmbH
Frankfurt (Main)                                                    |  | 50.0 |  |     
|WV Energie AG
Frankfurt (Main)                                                                                       |  | 50.0 |  |     
|WV Versicherungsmakler GmbH
Frankfurt (Main)                                                                         |  | 25.0 |  |     
|Europe (outside Germany)                                                                                             |  |      |  |     
|Amylogene Handelsbolaget
Svalöv, Sweden                                                                              |  | 45.5 |  |     
|Basell Arabia Holding B.V.
Hoofddorp, the Netherlands                                                                |  | 50.0 |  |     
|Basell Belgium S.A.
Brussels, Belgium                                                                                |  | 50.0 |  |     

20

---

|Basell Benelux B.V.
Rotterdam, the Netherlands               |  | 50.0 |  | 
|------------------------------------------------------------ |  | ---- |  | 
|Basell Brindisi Spa
Milan, Italy                             |  | 50.0 |  | 
|Basell Coordination Company N.V.
Zaventem, Belgium           |  | 50.0 |  | 
|Basell Europe Holding B.V.
Hoofddorp, the Netherlands        |  | 50.0 |  | 
|Basell Finance Company B.V.
Hoofddorp, the Netherlands       |  | 50.0 |  | 
|Basell Finance Italia S.R.L.
Milan, Italy                    |  | 50.0 |  | 
|Basell Fos S.A.
Levallois-Perret, France                     |  | 50.0 |  | 
|Basell France S.A.
Levallois-Perret, France                  |  | 50.0 |  | 
|Basell Iberica Poliolefinas Holding S.L.
Barcelona, Spain    |  | 50.0 |  | 
|Basell International Holding B.V.
Hoofddorp, the Netherlands |  | 50.0 |  | 
|Basell Investissements S.A.
Paris, France                    |  | 50.0 |  | 
|Basell Italia S.R.L.
Cesano Maderno, Italy                   |  | 50.0 |  | 
|Basell Italy Holding Spa
Milan, Italy                        |  | 50.0 |  | 
|Basell Manufacturing UK Ltd.
Manchester, United Kingdom      |  | 50.0 |  | 
|Basell Nederland B.V.
Arnhem, the Netherlands                |  | 50.0 |  | 
|Basell Nordic AB
Gothenburg, Sweden                          |  | 50.0 |  | 
|Basell Plasticos, Lda
Lisbon, Portugal                       |  | 50.0 |  | 
|Basell Poliolefinas Comercial Española S.L.
Barcelona, Spain |  | 50.0 |  | 
|Basell Poliolefinas Iberica S.A.
Barcelona, Spain            |  | 50.0 |  | 
|Basell Polipropilene S.R.L.
Milan, Italy                     |  | 50.0 |  | 
|Basell Polipropileno Iberica S.A.
Barcelona, Spain           |  | 50.0 |  | 
|Basell Polyethylene S.A.
Strasbourg, France                  |  | 50.0 |  | 
|Basell Polyolefine Italia Spa
Milan, Italy                   |  | 50.0 |  | 
|Basell Polyolefines France S.A.
Paris, France                |  | 50.0 |  | 
|Basell Polyolefins Company N.V.
Zaventem, Belgium            |  | 50.0 |  | 
|Basell Polyolefins UK Ltd.
Manchester, United Kingdom        |  | 50.0 |  | 

21

---

|Basell Polypropylene S.A.
Lillebonne, France                                           |  | 50.0 |  |     
|-------------------------------------------------------------------------------------- |  | ---- |  | ----
|Basell Polypropylene Ltd.
Manchester, United Kingdom                                   |  | 50.0 |  |     
|Basell Production France S. A.
Levallois-Perret, France                                |  | 50.0 |  |     
|Basell Service Company B.V.
Hoofddorp, the Netherlands                                 |  | 50.0 |  |     
|Basell Taiwan Holding B.V.
Hoofddorp, the Netherlands                                  |  | 50.0 |  |     
|Basell Technology Company B.V.
Hoofddorp, the Netherlands                              |  | 50.0 |  |     
|Basell (Thailand) Holdings B.V.
Hoofddorp, the Netherlands                             |  | 50.0 |  |     
|Basell UK Holding Ltd.
Carrington, United Kingdom                                      |  | 50.0 |  |     
|Basell UK Ltd.
Cheadle, United Kingdom                                                 |  | 50.0 |  |     
|BASF Naber S.A.
Valencia, Spain                                                        |  | 50.0 |  |     
|BASF Poligrafia Polska S.p. z.o.o.
Lodz, Poland                                        |  | 50.0 |  |     
|Compagnie Industrielle des Polyethylenes de Normandie
Notre-Dame de Gravenchon, France |  | 25.0 |  |     
|Compleyo Industrial Taqsa AIE
Tarragona, Spain                                         |  | 42.5 |  |     
|Elastokam OOO
Nishnekamsk Promsona, Russia                                             |  | 50.0 |  |     
|ELLBAB.V.
Rotterdam, the Netherlands                                                   |  | 50.0 |  |     
|Gestio de residus especiales de Catalunya S.A.
Tarragona, Spain                        |  | 33.3 |  |     
|Hisane A.I.E.
Reus (Tarragona), Spain                                                  |  | 37.5 |  |     
|Hochert Polypropylene S.A.
Brussels, Belgium                                           |  | 50.0 |  |     
|Indurisk Rückversicherungs-GmbH
Luxembourg, Luxembourg                                 |  | 50.0 |  |     
|Lameskin S.R.L.
Milan, Italy                                                           |  | 50.0 |  |     
|L5C Production B.V.
The Hague, the Netherlands                                         |  | 30.0 |  |     
|L8B Production B.V.
The Hague, the Netherlands                                         |  | 25.0 |  |     
|M-Polyolefins AB
Gothenburg, Sweden                                                    |  | 50.0 |  |     
|N.V. Noordwinning K 13
The Hague, the Netherlands                                      |  | 30.3 |  |     
|Noordwinning L8A B.V.
The Hague, the Netherlands                                       |  | 30.3 |  |     
|Omnexus N.V.
Amsterdam, the Netherlands                                                |  | 21.0 |  | 21.0

22

---

|Polixil S.R.L.
Salerno, Italy                                                                   |  | 20.0 |  | 
|----------------------------------------------------------------------------------------------- |  | ---- |  | 
|P2A (Groep) B.V.
The Hague, the Netherlands                                                     |  | 22.2 |  | 
|P6-(Groep) B.V.
The Hague, the Netherlands                                                      |  | 27.0 |  | 
|Q4 (Groep) B.V.
The Hague, the Netherlands                                                      |  | 29.9 |  | 
|Q8 (Groep) B.V.
The Hague, the Netherlands                                                      |  | 30.0 |  | 
|Retiflex S.P.A.
Milan, Italy                                                                    |  | 50.0 |  | 
|SCI de Plastiques de Normandie
Lillebonne, France                                               |  | 50.0 |  | 
|Severoceska Plynarenska A.S.
Usti Nad Labem, Czech Republic                                     |  | 20.2 |  | 
|Societe Civile Immobiliere des Plastiques de Normandie
Lillebonne, France                       |  | 41.4 |  | 
|Societe du Craqueur de L'Aubette SAS
Berre L'Etang, France                                      |  | 25.0 |  | 
|Stredoceska Plynarenska A.S.
Prague, Czech Republic                                             |  | 31.0 |  | 
|Société de participation dans l'industrie et le Tramnsport du Petrole
Neuilly-sur-Seine, France |  | 27.2 |  | 
|TDP A.I.E.
Tarragona, Spain                                                                     |  | 25.0 |  | 
|Transformadora de Propileno A.I.E.
Tarragona, Spain                                             |  | 25.0 |  | 
|Texmet S.P.A.
Lamezia Terme, Italy                                                              |  | 50.0 |  | 
|UNA S.A.
Barcelona, Spain                                                                       |  | 25.0 |  | 
|WIEE Romania SRL
Bucharest, Romania                                                             |  | 50.0 |  | 
|Wirom Gas S.A.
Bucharest, Romania                                                               |  | 25.0 |  | 
|Wolgodeminoil OOO
Volgograd, Russia                                                             |  | 50.0 |  | 
|WV Hungary Handels- und Dienstleistungsgesellschaft mbH
Budapest, Hungary                       |  | 50.0 |  | 
|North America                                                                                   |  |      |  | 
|Aislantes y Acusticos de Monterrey. S.A. de C.V.
Santa Catarina, N.L.C.P., Mexico               |  | 50.0 |  | 
|Basell American Finance Corporation
Wilmington, North Carolina                                  |  | 50.0 |  | 
|Basell Asia-Pacific Inc.
Wilmington, North Carolina                                             |  | 50.0 |  | 
|Basell Canada Inc.
Ontario, Canada                                                              |  | 50.0 |  | 
|Basell Capital Corporation
Wilmington, North Carolina                                           |  | 50.0 |  | 
|Basell de Mexico, S.A. de C.V.
Colonia del Valle, Mexico                                        |  | 50.0 |  | 

23

---

|Basell Finance USA Inc.
Albany, New York                                            |  | 50.0 |  |     
|----------------------------------------------------------------------------------- |  | ---- |  | ----
|Basell Impact Holding Company
Wilmington, North Carolina                            |  | 50.0 |  |     
|Basell Polyethylene Inc.
Wilmington, North Carolina                                 |  | 50.0 |  |     
|Basell USA Inc.
Wilmington, North Carolina                                          |  | 50.0 |  |     
|Baselltech USA Inc.
Wilmington, North Carolina                                      |  | 50.0 |  |     
|CHD Enterprises Inc.
Wilmington, North Carolina                                     |  | 50.0 |  |     
|Indelpro S.A.
de C.V Garza Garzia, Mexico                                           |  | 24.5 |  |     
|Polymer Resource Group Inc.
Wilmington, North Carolina                              |  | 50.0 |  |     
|South America                                                                       |  |      |  |     
|Basell Brasil Poliolefinas Ltda.
São Paulo, Brazil                                  |  | 50.0 |  |     
|Petroken Petroquimica Ensenada S.A.
Buenos Aires, Argentina                         |  | 25.0 |  |     
|Polibrasil Participacoes S.A.
São Paulo, Brazil                                     |  | 25.0 |  |     
|Tintas Graficas Vencedor S.A.
San Juan de Lurigancho Lima, Peru                     |  | 46.2 |  |     
|Asia, Pacific Area, Africa                                                          |  |      |  |     
|Basell Australia Holding PTY
Melbourne, Victoria, Australia                         |  | 50.0 |  |     
|Basell Australia PTY Ltd.
Melbourne, Victoria, Australia                            |  | 50.0 |  |     
|Basell China Ltd.
Hong Kong, China                                                  |  | 50.0 |  |     
|Basell Korea Ltd.
Seoul, South Korea                                                |  | 50.0 |  |     
|BASF AKZO Nobel Automotive OEM Coatings PTY. Limited
Melbourne, Victoria, Australia |  | 50.0 |  |     
|BASF Kanoo Gulf FZE
Dubai, VAE Dubai                                                |  | 49.0 |  |     
|BASF Kanoo Gulf LLC
Dubai, VAE Dubai                                                |  | 49.0 |  | 49.0
|BASF Tunisie S.A.
Megrine, Tunesia                                                  |  | 49.0 |  | 49.0
|Chunichi Paint Co., Ltd.
Nagoya, Japan                                              |  | 50.0 |  |     
|CSJ K.K.
Tokyo, Japan                                                               |  | 50.0 |  |     
|Idemitsu-BASF Co., Ltd.
Tokyo, Japan                                                |  | 50.0 |  | 50.0
|Kartal Kimya San. ve Tic. A.S.
Istanbul, Turkey                                     |  | 25.1 |  | 25.1
|Kyushu Nissan Paint Co., Ltd.
Fukuoka, Japan                                        |  | 50.0 |  |     

24

---

|Machino-Basell India Ltd.
Delphi, India                                    |  | 25.0 |  |     
|-------------------------------------------------------------------------- |  | ---- |  | ----
|MCB Corporation
Yokkaichi, Mie, Japan                                      |  | 50.0 |  |     
|Nisso BASF Agro Co., Ltd.
Tokyo, Japan                                     |  | 45.0 |  | 45.0
|NOF Kansai Marine Coatings Co., Ltd.
Tokyo, Japan                          |  | 25.0 |  |     
|NOF (Thailand) Ltd.
Bangkok, Thailand                                      |  | 20.0 |  |     
|Pigment Manufacturers of Australia Ltd. i.L.
Laverton, Victoria, Australia |  | 50.0 |  |     
|Poly Pacific Polymers Sdh. Bhd.
Kuala Lumpur, Malaysia                     |  | 25.0 |  |     
|Poly Pacific PTY Ltd.
Dandenong, Victoria, Australia                       |  | 25.0 |  |     
|Shanghai Lianheng Isocyanate Company
Shanghai, China                       |  | 35.0 |  |     
|Taiwan NOF Coatings Ltd.
Taipei, Taiwan R.O.C.                             |  | 35.0 |  |     
|Vitacolor Industries, Inc.
Manila, Philippines                             |  | 40.0 |  | 40.0
|Yasar BASF Automotive Coatings Company Ltds.
Izmir, Turkey                 |  | 50.0 |  |     

3.    Participating interest of between 5 and 20 percent in major corporations (Section 285, No. 11 of the German Commercial
Code)

|Company and headquarters        |  | Capital
held
(%) |  | of which
BASF AG
(%) |  | Stock-
holders
equity
(millions) |  | Earnings
after
taxes
(millions) |  | Currency
(ISO code)
|------------------------------- |  | ---------------- |  | -------------------- |  | -------------------------------- |  | ------------------------------- |  | -------------------
|Germany                         |  |                  |  |                      |  |                                  |  |                                 |  |                    
|K + S Aktiengesellschaft
Kassel |  | 16.7             |  | 16.7                 |  | 457.6*                           |  | 118.3*                          |  | EUR                
|VNG-Verbundnetz Gas AG
Leipzig  |  | 15.8             |  |                      |  | 437.1*                           |  | 96.4*                           |  | EUR                

---

25

---

III.  Information on subsidiaries

The German subsidiaries listed below, which have the legal form of either a corporation or a partnership, make use of the exemptions offered by Section 264, Paragraph 3 or
Section 264 b of the German Commercial Code, respectively.

|                                                                     
|---------------------------------------------------------------------
|Germany                                                              
|BASF Coatings AG
Münster                                             
|BASF Drucksysteme GmbH
Stuttgart                                     
|BASF PharmaChemikalien GmbH & Co. KG
Ludwigshafen (Rhine)            
|BASF Pigment GmbH
Ludwigshafen (Rhine)                               
|BASF Schwarzheide GmbH
Schwarzheide                                  
|Elastogran GmbH
Lemförde                                             
|GEWOGE Wohnungsunternehmen der BASF GmbH
Ludwigshafen (Rhine)        
|Haidkopf GmbH
Kassel                                                 
|LUWOGE Wohnungsunternehmen der BASF GmbH
Ludwigshafen (Rhine)        
|Tensid-Chemie Vertriebsgesellschaft mit beschränkter
Haftung Cologne 
|Ultraform GmbH & Co. KG
Ludwigshafen (Rhine)                         
|WINGAS GmbH
Kassel                                                   
|Wintershall AG
Kassel                                                
|Wintershall Erdgas Beteiligungs-GmbH
Kassel                          
|Wintershall Erdgas Handelshaus GmbH
Berlin                           
|Wintershall Explorations- und Produktions-Beteiligungsges. mbH
Kassel
|Wintershall Libyen Explorations- und Produktions-GmbH
Kassel         

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