<Page>

CONTENTS


2    I. FULLY, PROPORTIONALLY AND EQUITY
        CONSOLIDATED SUBSIDIARIES AND AFFILIATES ACCOUNTED FOR IN THE
        CONSOLIDATED FINANCIAL STATEMENTS

2    1. FULLY CONSOLIDATED SUBSIDIARIES (PARAGRAPH 290, SECTION 2)

2        o    Germany
3        o    Europe (outside Germany)
6        o    North America
7        o    South America
8        o    Asia, Pacific Area, Africa

9    2. PROPORTIONALLY CONSOLIDATED SUBSIDIARIES (PARAGRAPH 310)

9        o    Germany
9        o    Europe (outside Germany)
9        o    North America
10       o    Asia, Pacific Area, Africa

10   3. EQUITY CONSOLIDATED SUBSIDIARIES (PARAGRAPH 312)

10       o    Germany
10       o    Europe (outside Germany)
11       o    South America
11       o    Asia, Pacific Area, Africa

12   4. EQUITY CONSOLIDATED AFFILIATES (PARAGRAPH 312)

12       o    Germany
12       o    Europe (outside Germany)

13   II.OTHER SUBSIDIARIES, AFFILIATES AND
        OTHER PARTICIPATING INTERESTS

13   1. NON-CONSOLIDATED MINOR SUBSIDIARIES (PARAGRAPH 296 [2])

13       o    Germany
15       o    Europe (outside Germany)
18       o    North America
19       o    South America
19       o    Asia, Pacific Area, Africa

21   2. NON-CONSOLIDATED MINOR AFFILIATES (PARAGRAPH 311 [2])

21       o    Germany
23       o    Europe (outside Germany)
26       o    North America
26       o    South America
26       o    Asia, Pacific Area, Africa

27   3. PARTICIPATING INTERESTS OF BETWEEN 5 AND
        20 PERCENT IN MAJOR CORPORATIONS (PARAGRAPH 285,
        NO. 11 OF THE GERMAN COMMERCIAL CODE)

27       o    Germany
27       o    Europe (outside Germany)

28   III. INFORMATION ON SUBSIDIARIES
          (EXEMPTIONS UNDER PARAGRAPH 264, SECTION 3 AND PARAGRAPH 264 B
          OF THE GERMAN COMMERCIAL CODE)

<Page>

BASF-GROUP AND BASF AKTIENGESELLSCHAFT 2001 LIST OF SHARES HELD
Pursuant to Paragraph 313, Section 2 and Paragraph 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 (PARAGRAPH 290, SECTION 2)


<Table>
<Caption>
COMPANY AND HEADQUARTERS                              CAPITAL     OF WHICH   STOCK-      EARNINGS      CURRENCY
                                                      HELD        BASF AG    HOLDERS'    AFTER
                                                                             EQUITY      TAXES
                                                      (%)         (%)        (MILLIONS)  (MILLIONS)    (ISO CODE)
<S>                                                    <C>         <C>         <C>            <C>          <C>
GERMANY

BASF Beteiligungsgesellschaft mbH                      100.0       100.0       2,125.2        8.1          EUR
Ludwigshafen (Rhine)

BASF CIS Trading GmbH                                  100.0       100.0           3.1        1.8          EUR
Ludwigshafen (Rhine)

BASF Coatings AG                                       100.0       100.0         316.3       16.4          EUR
Munster-Hiltrup

BASF Drucksysteme GmbH                                 100.0       100.0          89.1       58.7          EUR
Stuttgart

BASF Handels- und Export GmbH                          100.0       100.0           1.5          *          EUR
Ludwigshafen (Rhine)

BASF Immobilien-Gesellschaft mbH & Co. Pigment KG      100.0                      11.2        1.3          EUR
Ludwigshafen (Rhine)

BASF Immobilien-Gesellschaft mbH & Co.                 100.0                       5.3        1.0          EUR
Drucksysteme KG, Ludwigshafen (Rhine)

BASF IT Services GmbH                                  100.0       100.0          29.4       11.5          EUR
Ludwigshafen (Rhine)

BASF PharmaChemikalien GmbH & Co. KG                   100.0       100.0          27.1       13.1          EUR
Ludwigshafen (Rhine)

BASF Pigment GmbH                                      100.0       100.0          21.5        7.4          EUR
Ludwigshafen (Rhine)

BASF Plant Science GmbH                                 91.0                       3.1          *          EUR
Ludwigshafen (Rhine)

BASF Plant Science Holding GmbH                        100.0       100.0         183.3          *          EUR
Ludwigshafen (Rhine)

BASF Schwarzheide GmbH                                 100.0       100.0         209.1          *          EUR
Schwarzheide

BASF Spezialdunger-Pensionsverwaltung GmbH             100.0                      25.6        0.0          EUR
Munster

Chemische Fabrik Wibarco GmbH                          100.0       100.0          15.5        8.6          EUR
Ibbenburen

Dr. Wolman GmbH                                        100.0       100.0           5.0        2.2          EUR
Sinzheim
</Table>

* Profit/loss transfer agreement


2

<Page>

<Table>
<Caption>
COMPANY AND HEADQUARTERS                              CAPITAL     OF WHICH   STOCK-      EARNINGS      CURRENCY
                                                      HELD        BASF AG    HOLDERS'    AFTER
                                                                             EQUITY      TAXES
                                                      (%)         (%)        (MILLIONS)  (MILLIONS)    (ISO CODE)
<S>                                                    <C>         <C>           <C>        <C>            <C>
Elastogran German Group                                100.0                     174.3      132.6          EUR
Lemforde
     Includes:
     Elastogran GmbH                                   100.0       100.0
     Lemforde
     Elastogran Schwarzheide GmbH                      100.0
     Schwarzheide

GEWOGE Wohnungsunternehmen der BASF GmbH                97.0        97.0          19.4          *          EUR
Ludwigshafen (Rhine)

Guano-Werke GmbH                                       100.0       100.0       1,941.4       21.7          EUR
Ludwigshafen (Rhine)

Haidkopf GmbH                                          100.0                       0.2          *          EUR
Kassel

LUWOGE Wohnungsunternehmen der BASF GmbH               100.0       100.0          41.7          *          EUR
Ludwigshafen (Rhine)

Ultraform GmbH & Co. KG                                100.0       100.0          24.3       10.8          EUR
Ludwigshafen (Rhine)

Untertage-Speicher-Gesellschaft mbH                    100.0                       2.5        1.6          EUR
Kassel

WINGAS GbR                                              65.0                       0.0          *          EUR
Kassel

WINGAS GmbH                                             65.0                     123.5          *          EUR
Kassel

Wintershall AG                                         100.0       100.0       1,733.4          *          EUR
Kassel

Wintershall Erdgas Beteiligungs-GmbH                   100.0                     207.7          *          EUR
Kassel

Wintershall Explorations- und Produktions-             100.0                      46.6       40.6          EUR
Beteiligungsgesellschaft mbH, Kassel


EUROPE (OUTSIDE GERMANY)

BASF (Switzerland) AG                                  100.0        00.0          26.3        4.5          CHF
Wadenswil/Au, Switzerland

BASF A/S                                               100.0        00.0          43.5        4.6          DKK
Copenhagen, Denmark

BASF AB                                                100.0        00.0          62.3        5.0          SEK
Gothenburg, Sweden

BASF Agri-Production S.A.S.                            100.0                      74.0        4.3          EUR
Gravelines, France

BASF Agro B.V.                                         100.0                     869.4        0.2          EUR
Arnhem, the Netherlands

BASF Agro S.A.S.                                       100.0                      15.4       11.9          EUR
Tassin-La-Demi-Lune, France
</Table>


* Profit/loss transfer agreement


                                                                               3

<Page>

<Table>
<Caption>
COMPANY AND HEADQUARTERS                              CAPITAL     OF WHICH   STOCK-      EARNINGS      CURRENCY
                                                      HELD        BASF AG    HOLDERS'    AFTER
                                                                             EQUITY      TAXES
                                                      (%)         (%)        (MILLIONS)  (MILLIONS)    (ISO CODE)
<S>                                                    <C>         <C>         <C>          <C>            <C>
BASF Agro Hellas S.A.                                  100.0       100.0           6.1        0.2          EUR
Athens, Greece

BASF Agro Spa                                          100.0       100.0          10.8        3.8          EUR
Cesano Maderno, Italy

BASF Agrochemical Products B.V.                        100.0                     318.2        0.0          EUR
Arnhem, the Netherlands

BASF Antwerpen N.V.                                    100.0                   1,351.7       39.5          EUR
Antwerp, Belgium

BASF AS                                                100.0       100.0          48.3       10.5          NOK
Asker, Norway

BASF Belgium S.A.                                      100.0       100.0          19.6        0.6          EUR
Brussels, Belgium

BASF Coatings Holding B.V.                             100.0                     174.2       29.4          EUR
Maarssenbroek, the Netherlands

BASF Coatings Ltd.                                     100.0                       5.0        0.5          GBP
Deeside, United Kingdom

BASF Coatings S.A.                                     100.0                      52.6        8.4          EUR
Clermont de l'Oise, France

BASF Coatings Spa                                      100.0                       7.3       -6.8          EUR
Burago Molgora, Italy

BASF Coatings. S.A.                                     99.7                      44.8        9.2          EUR
Guadalajara, Spain

BASF Coordination Center N.V.                          100.0        73.4       8,974.9      374.7          EUR
Antwerp, Belgium

BASF Curtex S.A.                                       100.0                      28.0        3.7          EUR
L'Hospitalet de Llobregat, Spain

BASF Drukinkt B.V.                                     100.0                       3.8        1.2          EUR
Doetinchem, the Netherlands

BASF Espanola S.A.                                     100.0                     214.1        3.6          EUR
Tarragona, Spain

BASF Finance Europe N.V.                               100.0       100.0           4.4        0.2          EUR
Arnhem, the Netherlands

BASF France S.A.                                       100.0       100.0          94.0       12.8          EUR
Levallois-Perret Cedex, France

BASF Health & Nutrition A/S                            100.0       100.0         228.3       29.0          DKK
Ballerup, Denmark

BASF Holding Espanola S.L.                             100.0       100.0          26.2        4.8          EUR
Barcelona, Spain

BASF Hungaria Kft.                                     100.0       100.0       2,807.1      768.4          HUF
Budapest, Hungary

BASF Interservice Spa                                  100.0        90.0         108.1       27.4          EUR
Cesano Maderno, Italy

BASF Intertrade AG                                     100.0       100.0          35.5       33.9          CHF
Zug, Switzerland
</Table>


4
<Page>

<Table>
<Caption>
COMPANY AND HEADQUARTERS                              CAPITAL     OF WHICH   STOCK-      EARNINGS      CURRENCY
                                                      HELD        BASF AG    HOLDERS'    AFTER
                                                                             EQUITY      TAXES
                                                      (%)         (%)        (MILLIONS)  (MILLIONS)    (ISO CODE)
<S>                                                    <C>         <C>           <C>         <C>          <C>
BASF IT Services B.V.                                  100.0       100.0           4.6        1.1          EUR
Arnhem, the Netherlands

BASF Italia Spa                                        100.0                      47.4       -6.5          EUR
Cesano Maderno, Italy

BASF Nederland B.V.                                    100.0       100.0         394.4        4.5          EUR
Arnhem, the Netherlands

BASF Osterreich Gesellschaft m.b.H.                    100.0       100.0          16.5        1.1          EUR
Vienna, Austria

BASF Operations B.V.                                   100.0                       4.4       -5.0          EUR
Arnhem, the Netherlands

BASF OY                                                100.0       100.0          27.1       -1.0          EUR
Helsinki, Finland

BASF plc                                               100.0                      73.3      -41.5          GBP
Wembley, United Kingdom

BASF Polska Sp.Z O.O                                   100.0       100.0          95.9       26.1          PLN
Warsaw, Poland

BASF Printing Systems Ltd.                             100.0                       6.6        2.0          GBP
Horsham, United Kingdom

BASF Sonatrach Propanchem, S.A.                         51.0                      81.1       -4.5          EUR
Tarragona, Spain

BASF Systemes d'Impression S.A.S.                      100.0                      27.7        3.1          EUR
Clermont de l'Oise, France

BASF UK Holdings Ltd.                                  100.0       100.0          30.8          -          GBP
Cheadle, United Kingdom

BASF Vernici e Inchiostri Spa                          100.0                      18.3        1.6          EUR
Cinisello Balsamo, Italy

Cyanamid Agro S.A./N.V.                                100.0                      11.9        3.6          EUR
Gembloux, Belgium

Cyanamid Russ A/O                                      100.0       100.0          -1.0        1.4          EUR
Moscow, Russia

Elastogran France S.A.                                 100.0                       5.6        1.3          EUR
Mitry-Mory, France

Elastogran Italia Spa (ELIT)                           100.0                      16.9        8.6          EUR
Villanova d'Asti, Italy

Elastogran S.A.                                        100.0                      10.5        3.1          EUR
Rubi (Barcelona), Spain

Elastogran U.K. Ltd. (EUK)                             100.0                       3.1        0.5          GBP
Alfreton, United Kingdom

Societe Fonciere et Industrielle S.A.S.                100.0                       7.2        0.0          EUR
Clermont de L'Oise Cedex, France

Wintershall Holding B.V.                               100.0                      43.9       16.4          EUR
The Hague, the Netherlands
</Table>


                                                                               5
<Page>

<Table>
<Caption>
COMPANY AND HEADQUARTERS                              CAPITAL     OF WHICH   STOCK-      EARNINGS      CURRENCY
                                                      HELD        BASF AG    HOLDERS'    AFTER
                                                                             EQUITY      TAXES
                                                      (%)         (%)        (MILLIONS)  (MILLIONS)    (ISO CODE)

<S>                                                    <C>         <C>            <C>        <C>           <C>
Wintershall Dutch Group                                100.0                      52.0       27.1          EUR

     Includes:
     Wintershall Dubai                                 100.0
     Petroleum B.V.
     The Hague, the Netherlands

     Wintershall Nederland B.V.                        100.0
     The Hague, the Netherlands

     Wintershall Nederland                             100.0
     Transport and Trading B.V.
     The Hague, the Netherlands

     Wintershall Noordzee B.V.                         100.0
     The Hague, the Netherlands

Wintershall Oil AG                                     100.0                       3.1        1.3          CHF
Zug, Switzerland

ZAO BASF                                               100.0       100.0          -7.0       -0.2          EUR
Moscow, Russia


North America

BASFIN Corporation                                     100.0       100.0       2,260.7       -0.6          USD
Mount Olive, New Jersey

BASF Americas Group                                    100.0                   2,744.4     -537.2          USD

     Includes:
     BASF Americas Corporation                         100.0                   2,278.1       22.9          USD
     Mount Olive, New Jersey

     BASF Corporation                                  100.0
     Mount Olive, New Jersey

     BASF AgGenetics LLC                               100.0
     Research Triangle Park, North Carolina

     BASF Canada Inc.                                  100.0
     Toronto, Ontario, Canada

     BASF International Corporation                    100.0
     Christiansted, Saint Croix, United States

     BASF Inc.                                         100.0
     Toronto, Ontario, Canada

     BASF-Fina Petrochemicals Ltd. Partnership          60.0
     Mount Olive, New Jersey

     BASF Plant Science Holding Inc.                   100.0
     Mount Olive, New Jersey

     BASF Plant Science LLC                            100.0
     Mount Olive, New Jersey

     BASF Printing Systems LLC                         100.0
     Charlotte, North Carolina

     Bodyshopmall.com LLC                              100.0
     Southfield, Michigan
</Table>


6

<Page>

<Table>
<Caption>
COMPANY AND HEADQUARTERS                              CAPITAL     OF WHICH   STOCK-      EARNINGS      CURRENCY
                                                      HELD        BASF AG    HOLDERS'    AFTER
                                                                             EQUITY      TAXES
                                                      (%)         (%)        (MILLIONS)  (MILLIONS)   (ISO CODE)

<S>                                                    <C>         <C>        <C>        <C>           <C>
     Micro Flo Company                                 100.0
     Lakeland, Florida

     Thousand Springs Trout Farms                      100.0
     Wilmington, Delaware

     BASF Properties Inc.                              100.0
     Toronto, Ontario, Canada

     Tradewinds Chemicals Corporation                  100.0
     Mount Olive, New Jersey

     BASF de Mexico Group                              100.0

          BASF Coatings de Mexico, S.A. de C.V.        100.0
          Mexico City, Mexico

          BASF de Mexico, S.A. de C.V.                 100.0       100.0
          Mexico City, Mexico

          BASF Mexicana, S.A. de C.V.                  100.0
          Mexico City, Mexico


South America

BASF Argentina S.A.                                    100.0        99.9           1.6      -79.5          ARS
Buenos Aires, Argentina

BASF Barranquilla S.A.                                 100.0                   5,427.0    2,607.0          COP
Barranquilla, Colombia

BASF S.A. Group                                        100.0                     723.9     -227.6          BRL
Brazil

     Includes:
     BASF S.A.                                         100.0
     Sao Bernardo do Campo, Brazil

     BASF Poliuretanos Ltda.                           100.0
     Maua, Brazil

BASF Chile S.A.                                        100.0       100.0      23,901.0    4,344.0          CLP
Santiago de Chile, Chile

BASF de Costa Rica, S.A.                               100.0       100.0       3,495.4      335.6          CRC
San Jose, Costa Rica

BASF Paraguaya S.A.                                    100.0       100.0      16,804.0   -9,507.0          PYG
Asuncion, Paraguay

BASF Peruana S.A.                                       99.8        99.8          23.2        9.2          PEN
Lima, Peru

BASF Quimica Colombiana S.A.                           100.0       100.0      38,436.0    9,700.0          COP
Medellin, Colombia

Wintershall Energia S.A.                               100.0                      64.9       87.0          ARS
Buenos Aires, Argentina
</Table>


                                                                               7

<Page>

<Table>
<Caption>
COMPANY AND HEADQUARTERS                              CAPITAL     OF WHICH   STOCK-      EARNINGS      CURRENCY
                                                      HELD        BASF AG    HOLDERS'    AFTER
                                                                             EQUITY      TAXES
                                                      (%)         (%)        (MILLIONS)  (MILLIONS)    (ISO CODE)
<S>                                                    <C>         <C>       <C>          <C>           <C>
Asia, Pacific Area, Africa

BASF (China) Company Ltd.                              100.0       100.0         865.5        7.9          CNY
Beijing, China

BASF (Malaysia) Sdn. Bhd.                              100.0                      62.8      -27.8          MYR
Petaling Jaya, Malaysia

BASF (Thai) Ltd.                                       100.0       100.0       1,158.1       83.4          THB
Bangkok, Thailand

BASF Agro Ltd.                                         100.0                     488.0      873.0          JPY
Tokyo, Japan

BASF Australia Group
     Includes:
     BASF Australia Ltd.                               100.0       100.0          19.0      -25.8          AUD
     Melbourne, Victoria, Australia
     Cyanamid Agriculture PTY. Ltd.                    100.0
     Baulkham Hills, Australia

BASF China Limited                                     100.0       100.0         243.9       47.6          HKD
Kowloon, Hong Kong, China

BASF Colorants and Chemicals Co., Ltd.                 100.0                     579.1       48.5          CNY
Pudong, Shanghai, China

BASF Company Ltd.                                      100.0                 426,828.0      480.0          KRW
Seoul, South Korea

BASF Dispersions Co., Ltd.                              65.0                     456.0     -166.0          JPY
Tokyo, Japan

BASF FZE                                               100.0       100.0           6.2        5.2          AED
Dubai, United Arab Emirates

BASF India Limited                                      52.7        52.7       2,137.7      296.3          INR
Mumbai, India

BASF Japan Ltd.                                        100.0       100.0      17,737.0    1,088.0          JPY
Tokyo, Japan

BASF New Zealand Ltd.                                  100.0       100.0           9.1        2.1          NZD
Auckland, New Zealand

BASF PETRONAS Chemicals Sdn. Bhd.                       60.0        60.0       1,335.2     -278.0          MYR
Petaling Jaya, Malaysia

BASF Philippines, Inc.                                 100.0       100.0         365.3       -4.8          PHP
Canlubang, Calamba, Philippines

BASF Services (Malaysia) Sdn. Bhd.                     100.0       100.0         233.2      -12.2          MYR
Petaling Jaya, Malaysia

BASF Singapore Pte. Ltd.                               100.0       100.0          10.5       -0.2          SGD
Singapore

BASF South Africa (Pty.) Ltd.                          100.0       100.0         113.7        5.2          ZAR
Halfway House, South Africa

BASF South East Asia Pte. Ltd.                         100.0       100.0         461.5       15.5          SGD
Singapore
</Table>


8
<Page>

<Table>
<Caption>
COMPANY AND HEADQUARTERS                              CAPITAL     OF WHICH  STOCK-       EARNINGS      CURRENCY
                                                      HELD        BASF AG   HOLDERS'     AFTER
                                                                            EQUITY       TAXES
                                                      (%)         (%)       (MILLIONS)   (MILLIONS)    (ISO CODE)
<S>                                                    <C>         <C>      <C>          <C>               <C>
BASF Styrenics Holding Company*                         74.0        74.0           43.5          0.0       USD
Port Louis, Mauritius

BASF Styrenics Private Ltd.*                            74.0                      803.7       -615.1       INR
Mumbai, India

BASF Taiwan Ltd.                                       100.0       100.0          225.3         85.6       TWD
Taipei, Taiwan R.O.C.

BASF Trading (Shanghai) Co. Ltd.                       100.0                       22.3         30.4       CNY
Shanghai, China

BASF Turk Kimya Sanayi ve Ticaret Ltd. Sti.            100.0        99.0    5,538,412.0  7,815,333.0       TRL
Istanbul, Turkey

BASF Vitamins Company Ltd.                              98.0        60.0          158.0          8.3       CNY
Shenyang, China

Cyanamid Agricultural Products Philippines Inc.        100.0       100.0          305.8        -78.2       PHP
Makati City, Philippines

P.T. BASF Indonesia                                     97.0        97.0      189,217.0     73,619.0       IDR
Jakarta, Indonesia

Yangzi-BASF Styrenics Co. Ltd.                          60.0        50.0        1,125.7        -58.8       CNY
Nanjing, China


2. PROPORTIONALLY CONSOLIDATED AFFILIATES (PARAGRAPH 310)

Germany

BASF GE Schwarzheide GmbH & Co. KG                      50.0        50.0          15.8        5.2          EUR
Schwarzheide

Wintershall Erdgas Handelshaus GmbH (WIEH)              50.0                        --         --          EUR
Berlin


Europe (outside Germany)

ELLBAC.V.                                               50.0                      60.4       43.9          EUR
Rotterdam, the Netherlands

Produits et Engrais Chimiques du Rhin S.A. (PEC Rhin)   50.0        50.0          27.4        5.4          EUR
Ottmarsheim, France

Wintershall Erdgas Handelshaus AG                       50.0                      50.0       46.4          CHF
Zug, Switzerland


North America

Polioles, S.A. de C.V.                                  50.0                     711.8      -13.3          MXN
Mexico City, Mexico
</Table>


                                                                               9

<Page>

<Table>
<Caption>
COMPANY AND HEADQUARTERS                              CAPITAL     OF WHICH   STOCK-      EARNINGS      CURRENCY
                                                      HELD        BASF AG    HOLDERS'    AFTER
                                                                             EQUITY      TAXES
                                                      (%)         (%)        (MILLIONS)  (MILLIONS)    (ISO CODE)
<S>                                                     <C>        <C>        <C>           <C>            <C>
ASIA, PACIFIC AREA, AFRICA

BASF Inoac Polyurethanes, Ltd. (BIP)                    50.0
Shinshiro-Shi, Aichi, Japan

BASF NOF Coatings Co., Ltd.                             50.0                  19,655.0      -19.0          JPY
Shinshiro-Shi, Aichi, Japan

BASF-YPC Company Ltd.                                   50.0        10.0       3,035.2      -42.4          CNY
Nanjing, China

ELLBA Eastern Private Ltd.                              50.0                      60.0        0.0          USD
Singapore

Shanghai Gao Qiao-BASF Dispersions Co. Limited          50.0        40.0         257.7       40.8          CNY
Shanghai, China


3. EQUITY CONSOLIDATED SUBSIDIARIES (PARAGRAPH 312)


GERMANY

BASF Future Business GmbH                              100.0       100.0         200.7        0.7          EUR
Ludwigshafen (Rhine)

BASF Venture Capital GmbH                              100.0                     100.8        0.7          EUR
Ludwigshafen (Rhine)

BASF Waren- und Anlagenvertriebs- und                  100.0       100.0           0.1          *          EUR
-leasing Gesellschaft mbH, Ludwigshafen (Rhine)

Lucura Ruckversicherungs GmbH                          100.0       100.0          34.6        6.1          EUR
Ludwigshafen (Rhine)

Tensid-Chemie Vertriebsgesellschaft mbH                100.0                      10.0        3.7          EUR
Cologne

Wintershall Lenkoran GmbH                              100.0                       3.6      -43.1          EUR
Kassel

Wintershall Wolga Petroleum GmbH                       100.0                      18.2        3.3          EUR
Kassel


EUROPE (OUTSIDE GERMANY)

BASF Coatings Refinish AG                              100.0                       1.1       -0.6          CHF
Wadenswil/Au, Switzerland

BASF Coatings Refinish Ltd.                            100.0                       3.0       -0.2          GBP
Didcot, United Kingdom

BASF Coatings Refinish Spa                             100.0                       7.9        0.6          EUR
Burago Molgora, Italy

BASF Ireland Limited                                   100.0       100.0           1.0       -1.9          EUR
Dublin, Ireland
</Table>


* Profit/lost transfer agreement


10
<Page>

<Table>
<Caption>
COMPANY AND HEADQUARTERS                              CAPITAL     OF WHICH   STOCK-      EARNINGS      CURRENCY
                                                      HELD        BASF AG    HOLDERS'    AFTER
                                                                             EQUITY      TAXES
                                                      (%)         (%)        (MILLIONS)  (MILLIONS)    (ISO CODE)
<S>                                                    <C>         <C>         <C>       <C>               <C>
BASF Sistemas de Impresion, S.A.                       100.0                       2.7       -0.4          EUR
Vilanova del Valles, Spain

Frank Wright Limited                                   100.0                      10.8          0          GBP
Ashbourne, United Kingdom


SOUTH AMERICA

BASF Ecuatoriana S.A.                                  100.0        99.9           4.5        2.1          EUR
Quito, Ecuador
BASF Poliuretanos S.A.                                 100.0                       3.9       -0.6          ARS
Buenos Aires, Argentina
BASF Sistemas Graficos Ltda.                           100.0                     -29.6      -30.7          BRL
Caieiras, Brazil
BASF Venezolana, S.A.                                  100.0       100.0       1,824.6   -3,383.1          VEB
Caracas, Venezuela


ASIA, PACIFIC AREA, AFRICA

BASF Headway Polyurethanes (Taiwan) Co. Ltd.            70.0        70.0          60.8      -14.7          TWD
Hsinchu, Taiwan R.O.C.

BASF Hua Yuan Nylon Company Ltd.                        90.0        60.0          48.5      -44.3          CNY
Shanghai, China

BASF JCIC Neopentylglycol Company Ltd.                  60.0        50.0         112.9        0.9          CNY
Jilin City, China

BASF Pakistan (Private) Ltd.                            51.0        51.0         277.7       65.7          PKR
Karachi, Pakistan

BASF Polyurethane Elastomers Ltd.                      100.0                        63        105          JPY
Tokyo, Japan

BASF Polyurethanes (Malaysia) Sdn. Bhd.                100.0                       7.4        0.9          MYR
Petaling Jaya, Malaysia

BASF Shanghai Coatings Company Ltd.                     60.0                      79.1       -4.9          CNY
Shanghai, China
</Table>


                                                                              11
<Page>

4. EQUITY CONSOLIDATED AFFILIATES (PARAGRAPH 312)

<Table>
<Caption>
COMPANY AND HEADQUARTERS                              CAPITAL     OF WHICH   STOCK-      EARNINGS      CURRENCY
                                                      HELD        BASF AG    HOLDERS'    AFTER
                                                                             EQUITY      TAXES
                                                      (%)         (%)        (MILLIONS)  (MILLIONS)    (ISO CODE)
<S>                                                     <C>         <C>        <C>         <C>             <C>
GERMANY

DyStar Textilfarben GmbH & Co. Germany KG*              30.0        30.0         474.3       -5.0          EUR
Frankfurt

Solvin GmbH & Co. KG                                    25.0        25.0         110.0        4.6          EUR
Hanover


EUROPE (OUTSIDE GERMANY)

Basell N.V.*                                            50.0        17.8       3,267.5     -214.3          EUR
Hoofddorp, the Netherlands

Svalof Weibull AB*                                      40.0                     545.3       10.9          SEK
Svalov, Sweden
</Table>


* Including earnings of consolidated subsidiaries

12

<Page>


II. OTHER SUBSIDIARIES, AFFILIATES AND OTHER PARTICIPATING INTERESTS

1. NON-CONSOLIDATED MINOR SUBSIDIARIES (PARAGRAPH 296 [2])

<Table>
<Caption>

COMPANY AND HEADQUARTERS                                                    CAPITAL          OF WHICH
                                                                              HELD            BASF AG
                                                                               (%)               (%)
GERMANY
<S>                                                                           <C>               <C>
ART-Autolack-Systeme GmbH                                                     100.0
Dortmund

Ausbildungsplatzinitiative Pfalz GmbH                                          97.0              97.0
Ludwigshafen (Rhine)

Axaron Bioscience AG                                                           51.0
Heidelberg

BASF Akquisitions- und Objektverwertungs-                                     100.0             100.0
gesellschaft mbH, Ludwigshafen (Rhine)

BASF Biotechnologie Beteiligungs- und                                         100.0             100.0
Verwertungsgesellschaft mbH, Ludwigshafen (Rhine)

BASF Chemikalien GmbH                                                         100.0             100.0
Ludwigshafen (Rhine)

BASF ChemTrade GmbH                                                           100.0             100.0
Burgbernheim

BASF Immobilien-Gesellschaft mbH                                              100.0             100.0
Ludwigshafen (Rhine)

BASF Innovationsfonds GmbH                                                    100.0             100.0
Ludwigshafen (Rhine)

BASF Isocyanate China Investment GmbH                                         100.0
Ludwigshafen (Rhine)

BASF Lizenz GmbH                                                              100.0
Ludwigshafen (Rhine)

BASF Power GmbH                                                               100.0             100.0
Ludwigshafen (Rhine)

Dr. Heinrich von Brunck Gedachtnisstiftung fur Werksangehorige                 95.0              95.0
der BASF GmbH, Ludwigshafen (Rhine)

Gesellschaft zur Forderung der Lackkunst mbH                                  100.0
Munster

Gewerkschaft des konsolidierten Steinkohlenbergwerks Breitenbach GmbH         100.0             100.0
Ludwigshafen (Rhine)

Gewerkschaft Rochling GmbH                                                    100.0
Kassel

Glasurit GmbH                                                                 100.0
Munster-Hiltrup

Guano-Werke Pensionsverwaltung GmbH                                           100.0
Ludwigshafen (Rhine)

Guano-Werke Vermogensverwaltung AG                                             99.8
Ludwigshafen (Rhine)

Ink Logistic Management GmbH                                                  100.0
Stuttgart
</Table>


                                                                              13
<Page>


<Table>
<Caption>

COMPANY AND HEADQUARTERS                                                    CAPITAL          OF WHICH
                                                                              HELD            BASF AG
                                                                               (%)               (%)
<S>                                                                           <C>               <C>

K + E Druckfarben Vertriebsgesellschaft mbH                                   100.0
Stuttgart

LUCARA Immobilienverwaltungs-GmbH                                             100.0             100.0
Ludwigshafen (Rhine)

ME Projektabwicklung GmbH                                                     100.0
Ludwigshafen (Rhine)

Metanomics GmbH & Co. KGaA                                                     80.0
Berlin-Charlottenburg

Metanomics Verwaltungsgesellschaft mbH                                        100.0
Berlin-Charlottenburg

PEG Personalentwicklungsgesellschaft mbH                                      100.0
Cologne

Projektentwicklungs-GmbH Friesenheimer Insel                                  100.0             100.0
Ludwigshafen (Rhine)

R-M Autolacke Vertriebs GmbH                                                  100.0
Heusenstamm

SEWOGE Service- und Wohnungsunternehmen GmbH                                  100.0             100.0
Schwarzheide

SGS-Schwarzheider Gastronomie und Service GmbH                                100.0
Schwarzheide

Siebte BASF Chemie-Beteiligungsgesellschaft mbH                               100.0             100.0
Ludwigshafen (Rhine)

Siebte BASF Erwerbsgesellschaft mbH                                           100.0             100.0
Ludwigshafen (Rhine)

Siebte BASF Finanzbeteilungsgesellschaft mbH                                  100.0             100.0
Ludwigshafen (Rhine)

Siebte BASF Projektentwicklungsgesellschaft mbH                               100.0             100.0
Ludwigshafen (Rhine)

Simpex GmbH                                                                   100.0
St. Ingbert

SunGene GmbH & Co. KGaA                                                        66.0
Gatersleben

SunGene Verwaltungsgesellschaft mbH                                           100.0
Gatersleben

Ultraform Verwaltungsgesellschaft mbH                                         100.0             100.0
Ludwigshafen (Rhine)

Vitamultina Pharmazeutische und Nahrungserganzungsprodukte GmbH               100.0             100.0
Ludwigshafen (Rhine)

Wintershall Bank GmbH                                                         100.0
Kassel

Wintershall Libyen Explorations- und Produktions GmbH                         100.0
Kassel

Wintershall Vermogensverwaltungsgesellschaft mbH                              100.0
Ludwigshafen (Rhine)

Zweite BASF Immobilien-Gesellschaft mbH                                       100.0              95.0
Ludwigshafen (Rhine)
</Table>


                                                                              14
<Page>


<Table>
<Caption>

COMPANY AND HEADQUARTERS                                                    CAPITAL          OF WHICH
                                                                              HELD            BASF AG
                                                                               (%)               (%)
<S>                                                                           <C>               <C>
EUROPE (OUTSIDE GERMANY)

ART Autolack-Systeme, S.A.                                                     99.7
Guadalajara, Spain

Auto Make-up S.A.R.L.                                                         100.0
Maurepas, France

Awiag Ltd.                                                                    100.0
Valetta, Malta

BASCOM AG                                                                     100.0
Wadenswil/Au, Switzerland

BASCOM Belgium N.V.                                                           100.0
Brussels, Belgium

BASCOM France S.N.C.                                                          100.0
Levallois Perret Cedex, France

BASF Automotive Coatings Services S.A.R.L.                                    100.0
Clermont de l'Oise, France

BASF Automotive Coatings Services S.R.O.                                      100.0
Bratislava, Slovakia

BASF ChemTrade GmbH                                                           100.0
Vienna, Austria

BASF Coatings Nederland B.V.                                                  100.0
Maarssenbroek, the Netherlands

BASF Coatings Refinish GmbH                                                   100.0
Eugendorf, Austria

BASF Coatings Refinish Norden AB                                              100.0
Hisings Kaerra, Sweden

BASF Coatings Refinish S.A./N.V.                                              100.0
Brussels, Belgium

BASF Coil Coatings Spa                                                        100.0
Caronno Pertusella, Italy

BASF Colorants Trading S.A.                                                   100.0             100.0
San Vittore, Switzerland

BASF Container Coatings Systems S.A.S.                                        100.0
Clermont de l'Oise, France

BASF Croatia d.o.o.                                                           100.0             100.0
Zagreb, Croatia

BASF Drucksysteme Schweiz GmbH                                                 95.0
Wadenswil/Au, Switzerland

BASF EOOD                                                                     100.0             100.0
Sofia, Bulgaria

BASF IT Services Holding Ltd.                                                 100.0
Cheadle, United Kingdom

BASF IT Services Ltd.                                                         100.0
Wilmslow, United Kingdom

BASF IT Services N.V.                                                         100.0
Antwerp, Belgium
</Table>


                                                                              15
<Page>


<Table>
<Caption>

COMPANY AND HEADQUARTERS                                                    CAPITAL          OF WHICH
                                                                              HELD            BASF AG
                                                                               (%)               (%)
<S>                                                                           <C>               <C>
BASF IT Services S.A.                                                         100.0
Barcelona, Spain

BASF IT Services Spa                                                          100.0
Cesano Maderno, Italy

BASF Jugoslavija d.o.o.                                                       100.0             100.0
Belgrade, Yugoslavia

BASF MicroCheck Limited                                                       100.0             100.0
Ruddington, United Kingdom

BASF Portuguesa Lda.                                                          100.0              70.5
Prior Velho, Portugal

BASF Printing Systems Ireland Ltd.                                            100.0
Blackrock, Ireland

BASF Printing Systems S.A.                                                     99.9
Vilvoorde, Belgium

BASF Schou Tryksystemer A/S                                                   100.0
Vamdrup, Denmark

BASF Slovenija d.o.o.                                                         100.0             100.0
Ljubljana, Slovenia

BASF Slovensko spol. s r.o.                                                   100.0             100.0
Bratislava, Slovakia

BASF spol. s r.o.                                                             100.0             100.0
Prague, Czech Republic

BASF SRL                                                                      100.0             100.0
Bucharest, Romania

BASF Styrodur Iberica, S.L.                                                   100.0
Tudela, Spain

BASF Tovarystvo z Obmezenoju Vidpovdal'nistju                                 100.0              99.0
Kiev, Ukraine

BASF Trading Chemicals Spa                                                    100.0
Cesano Maderno, Italy

BASF Wostok OOO                                                               100.0             100.0
Moscow, Russia

BASIS Kemi A/S                                                                100.0
Copenhagen, Denmark

Boots Galenika d.o.o.                                                          51.0              51.0
Belgrade, Yugoslavia

Cheadle Colour & Chemicals Limited                                            100.0
Cheadle, United Kingdom

COMPAREX Information Systems Ltd.                                             100.0
Cheadle, United Kingdom

Couleurs-Paris S.A.R.L.                                                       100.0
Clermont de l'Oise, France

Cyanamid CR s.r.o.                                                            100.0             100.0
Prague, Czech Republic

Cyanamid Ireland Limited                                                      100.0
Clonee, Ireland
</Table>


                                                                              16
<Page>


<Table>
<Caption>

COMPANY AND HEADQUARTERS                                                    CAPITAL          OF WHICH
                                                                              HELD            BASF AG
                                                                               (%)               (%)
<S>                                                                           <C>               <C>
Cyanamid Slovakia s.r.o.                                                      100.0             100.0
Bratislava, Slovakia

Elastogran Kemipur Poliuretan System Kft.                                      90.0
Solymar, Hungary

Fishburn Printing Ink Company. Ltd.                                           100.0
Cheadle, United Kingdom

Frank Wright (Feed Supplements) Limited                                       100.0
Ashbourne, United Kingdom

Frank Wright (Transport) Limited                                              100.0
Ashbourne, United Kingdom

Frank Wright Feeds (International) Limited                                    100.0
Ashbourne, United Kingdom

Gesellschaft mit beschrankter Haftung, Haus am Kai 1,                         100.0              19.6
Moscow, Russia

Himmoba AG                                                                    100.0
Wadenswil/Au, Switzerland

Inmont Limited                                                                100.0             100.0
Cheadle, United Kingdom

K + E Druckfarben Handelsgesellschaft m.b.H.                                  100.0
Vienna, Austria

Knoll Polska Sp z.o.o                                                         100.0             100.0
Warsaw, Poland

Lipogene AB                                                                    91.0
Svalov, Sweden

Margo Plasticos S.A.                                                          100.0
Marinha Grande, Portugal

Minden Farmaceutical, Lda.                                                    100.0             100.0
Lisbon, Portugal

Nortena de Distribucion S.L.                                                  100.0
Molins de Rei (Barcelona), Spain

Organchemie Gesellschaft m.b.H.                                               100.0
Vienna, Austria

Plant Science Sweden AB                                                        91.0
Svalov, Sweden

R-M Automotive Refinish Limited                                               100.0
Enfield, United Kingdom

Rainbow Masterbatch Belgium N.V.                                              100.0
Kuurne, Belgium

Valentine Limited                                                             100.0
Cheadle, United Kingdom

Western Ink Company Limited                                                   100.0
Cheadle, United Kingdom

Wintershall Gas spol. s r.o.                                                  100.0
Prague, Czech Republic

Wintershall Nederland Petroleum B.V.                                          100.0
The Hague, the Netherlands
</Table>


                                                                              17
<Page>


<Table>
<Caption>

COMPANY AND HEADQUARTERS                                                    CAPITAL          OF WHICH
                                                                              HELD            BASF AG
                                                                               (%)               (%)
<S>                                                                           <C>               <C>
Wintershall Noordzee B.V.                                                     100.0
The Hague, the Netherlands

Wintershall Services B.V.                                                     100.0
The Hague, the Netherlands


NORTH AMERICA

Ahman Realty Corp.                                                            100.0
Parsippany, New Jersey

Automotive Refinish Technology, LLC                                           100.0
Dearborn, Michigan

Automotive Refinish Technology, Inc. (ART)                                    100.0
Toronto, Ontario, Canada

BASF Canada Holdings Inc.                                                     100.0
Toronto, Ontario, Canada

BASF Nichiyu Coatings North America Inc.                                      100.0
Mount Olive, New Jersey

BF Textile Colours Holding Inc.                                               100.0             100.0
Mount Olive, New Jersey

BodyShopmall.com LLC                                                          100.0
Toronto, Ontario, Canada

DNA Landmarks Inc.                                                             81.9
St.-Jean-sur-Richelieu, Quebec, Canada

Micro Flo de Mexico S.A. de C.V.                                              100.0
Mexico City, Mexico

The Ault & Wiborg Company (Far East)                                          100.0
New York, New York

Transpharm Inc.                                                               100.0
Mount Olive, New Jersey


SOUTH AMERICA

Aislapol S.A.                                                                 100.0             100.0
Santiago de Chile, Chile

Basanil S.A.                                                                  100.0             100.0
Buenos Aires, Argentina

BASF Bolivia s.r.l.                                                           100.0             100.0
La Paz, Bolivia

BASF de El Salvador, S.A. de C.V.                                             100.0             100.0
San Salvador, El Salvador

BASF de Guatemala S.A.                                                        100.0              99.0
Guatemala City, Guatemala

BASF de Nicaragua S.A.                                                         99.9
Managua, Nicaragua

BASF Dominicana, S.A.                                                         100.0             100.0
Santo Domingo, Dominican Republic
</Table>


                                                                              18
<Page>


<Table>
<Caption>

COMPANY AND HEADQUARTERS                                                    CAPITAL          OF WHICH
                                                                              HELD            BASF AG
                                                                               (%)               (%)
<S>                                                                           <C>               <C>
BASF Panama S.A.                                                              100.0             100.0
Panama City, Panama

BASF Uruguaya S.A.                                                            100.0             100.0
Montevideo, Uruguay

Campos Norte Exploracao e Producao S.A.                                       100.0
Rio de Janeiro, Brazil

Cyanamid de Argentina S.A.I.C.                                                100.0
Buenos Aires, Argentina

Cyanamid El Salvador                                                          100.0             100.0
San Salvador, El Salvador

Cyanamid de Uruguay S.A.                                                      100.0
Montevideo, Uruguay

Isoseguro Corretora de Seguros Ltda.                                           99.0
Sao Bernardo do Campo, Brazil

Knoll Centroamericana, S.A.                                                   100.0             100.0
Guatemala City, Guatemala

Latinoamericana de Farmacos Ltda.                                             100.0             100.0
Bogota, Colombia

Tintas Graficas S.A.                                                           92.5
Santiago de Chile, Chile

Tintas Graficas S.A.                                                           92.5
San Luis, Argentina

Wintershall BM-C-19 Ltda.                                                     100.0
Rio de Janeiro, Brazil

Wintershall BM-ES-1 Ltda.                                                     100.0
Rio de Janeiro, Brazil

Wintershall BM-ES-7 Ltda.                                                     100.0
Rio de Janeiro, Brazil

Wintershall BM-S-14 Ltd.                                                      100.0
Rio de Janeiro, Brazil

Wintershall do Brasil Servicos Ltda.                                          100.0
Rio de Janeiro, Brazil


ASIA, PACIFIC AREA, AFRICA

ART Automotive Refinish Technologies (PTY) Ltd.                               100.0
Midrand, South Africa

BASF (Ethiopia) Ltd. p.l.c.                                                   100.0             100.0
Addis Ababa, Ethiopia

BASF (Ghana) Ltd.                                                             100.0             100.0
Accra, Ghana

BASF (Nigeria) Ltd.                                                           100.0             100.0
Lagos, Nigeria

BASF Afrique de l'Ouest S.A.R.L.                                              100.0             100.0
Abidjan, Ivory Coast
</Table>


                                                                              19
<Page>


<Table>
<Caption>

COMPANY AND HEADQUARTERS                                                    CAPITAL          OF WHICH
                                                                              HELD            BASF AG
                                                                               (%)               (%)
<S>                                                                           <C>               <C>
BASF Agro Ltd.                                                                100.0
Seoul, South Korea

BASF Angola Produtos Quimicos, Lda.                                           100.0              75.0
Luanda, Angola

BASF Animal Nutrition (Pty.) Ltd.                                             100.0
Beaconvale, South Africa

BASF Bangladesh Ltd.                                                          76.40              76.4
Dacca, Bangladesh

BASF Chemdyes Sdn. Bhd.                                                        51.0              51.0
Butterworth, Malaysia

BASF Chemicals and Polymers Ltd.                                              100.0             100.0
Karachi, Pakistan

BASF Coating International Trade (Shanghai) Co. Ltd.                          100.0
Shanghai, China

BASF Coatings (Pty) Ltd.                                                      100.0
Vanderbijipark 1906, South Africa

BASF Coatings + Inks Philippines Inc.                                         100.0
Makati, Metro Manila, Philippines

BASF Coatings Inc.                                                            100.0
Makati City, Philippines

BASF Coatings Ltd.                                                            100.0
Bangalore, India

BASF Coatings PMB(Pty) Ltd.                                                   100.0
Gallo Manor, South Africa

BASF Colorants Pte. Ltd.                                                      100.0             100,0
Singapore

BASF East Africa Ltd.                                                         100.0             100.0
Nairobi, Kenya

BASF East Asia Regional Headquarters Limited                                  100.0             100.0
Hong Kong, China

BASF Headway Polyurethanes (China) Co. Ltd.                                    70.0
Panyu Guangdong, China

BASF Holding (Malaysia) Sdn. Bhd.                                             100.0             100.0
Petaling Jaya, Malaysia

BASF Industries Ltd.                                                          100.0             100.0
Mumbai, India

BASF Iran AG                                                                  100.0             100.0
Teheran, Iran

BASF Ltd.                                                                     100.0              99.0
Cairo, Egypt

BASF Maroc S.A.                                                               100.0             100.0
Casablanca, Morocco

BASF Neuvet (Pty) Ltd.                                                        100.0
Kempton Park, South Africa

BASF s.p.a.                                                                   100.0             100.0
Hydra, Algeria
</Table>


                                                                              20
<Page>


<Table>
<Caption>

COMPANY AND HEADQUARTERS                                                    CAPITAL          OF WHICH
                                                                              HELD            BASF AG
                                                                               (%)               (%)
<S>                                                                           <C>             <C>
BASF Takeda Vitamins Ltd.                                                      66.0
Tokyo, Japan

BASF Textile and Leather Centre Asia Sdn. Bhd.                                100.0              100.0
Petaling Jaya, Malaysia

BASF Wattyl Coatings Pty Ltd.                                                  51.0
Wetherill Park, Australia

BASF Zaire s.p.r.l.                                                           100.0               99.3
Kinshasa, Democratic Republic of Congo (Zaire)

BASF Zimbabwe (Private) Ltd.                                                  100.0              100.0
Harare, Zimbabwe

BASF-Finlay (Private) Limited                                                  66.7               66.7
Colombo, Sri Lanka

Cyanamid (Singapore) Private Ltd.                                             100.0              100.0
Singapore

Cyanamid Agricultural Products Sdh. Bhd.                                      100.0              100.0
Petaling Jaya, Malaysia

Cyanamid Egypt Ltd.                                                           100.0
Cairo, Egypt

Cyanamid Limited                                                              100.0
Lilongwe, Malawi

Cyanamid Zambia Ltd.                                                          100.0
Lusaka, Zambia

Cyanamid Zimbabwe (PVT) Ltd.                                                  100.0
Workington, Zimbabwe

Elastogran Polurethan Sanayi ve Ticaret A.S.                                  100.0
Pendik-Istanbul, Turkey

Knoll Pharmaceutical Pte. Limited                                             100.0              100.0
Singapore, Singapore

ME Vitamin Pte. Ltd.                                                          100.0              100.0
Singapore


2. NON-EQUITY-CONSOLIDATED MINOR AFFILIATES (PARAGRAPH 311 [2])

GERMANY

Aurentum Innovationstechnologien GmbH                                          25.2
Mainz

Basell Bayreuth Chemie GmbH                                                    47.0
Bayreuth

Basell Chemie Koln GmbH                                                        50.0
Cologne

Basell Germany Holding GmbH                                                    50.0
Eschborn

Basell Middle East GmbH                                                        50.0
Wesseling
</Table>


                                                                              21

<Table>
<Caption>

COMPANY AND HEADQUARTERS                                                    CAPITAL          OF WHICH
                                                                              HELD            BASF AG
                                                                               (%)               (%)
<S>                                                                           <C>             <C>
Basell Polyolefine GmbH                                                        50.0
Kehl

Basell Polypropylen GmbH                                                       50.0
Mainz

BASF GE Schwarzheide Beteiligungs GmbH                                         50.0         50.0
Schwarzheide

CWD Chemie-Wirtschaftsdatenbanken GmbH                                         50.0         50.0
Frankfurt (Main)

CWK Software und Service GmbH                                                  27.2
Mannheim

DATASOUND Gesellschaft zur Entwicklung und Vermarktung                         29.9
digitaler Audio- und Informationssysteme Ludwigshafen (Rhine)

Deutsche Energy One GmbH                                                       37.5
Frankfurt (Main)

DyStar Textilfarben GmbH                                                       30.0         30.0
Frankfurt (Main)

Edisen-Electronic GmbH                                                         20.0
Lauchhammer

Emsland-Erdolleitung GmbH                                                      25.0
Osterwald

Erdgasverkaufsgesellschaft mbH                                                 28.8
Munster

Gesellschaft fur Wohnungs-, Gewerbe- und Stadtebau Aktiengesellschaft          30.0
Ludwigshafen (Rhine)

Ginger GmbH                                                                    22.0         22.0
Ludwigshafen (Rhine)

KDG Kommunale Dienste GmbH                                                     22.5
Mannheim

KGS Keto-Gulonsaure Produktionsgesellschaft mbH                                33.3         33.3
Krefeld

Netformfive GmbH                                                               20.0
Mannheim

Projektforderung Initiative fur Beschaftigung GmbH                             25.0
Munster

RAIL4CHEM Eisenbahnverkehrsgesellschaft mbH                                    25.0         25.0
Essen

Rheingas Erdgasleitungsgesellschaft mbH i.L.                                   50.0         50.0
Hanover

RIGK Gesellschaft zur Ruckfuhrung industrieller und                            24.0         16.0
gewerblicher Kunststoffverpackungen mbH, Wiesbaden

Solvin Europe GmbH                                                             25.2         25.2
Hanover

Thermische Ruckstandsverwertung Verwaltungs-GmbH                               30.0
Wesseling

Thermische Ruckstandsverwertung GmbH &                                         30.0
Wesseling
</Table>


                                                                              21
<Page>


<Table>
<Caption>

COMPANY AND HEADQUARTERS                                                    CAPITAL          OF WHICH
                                                                              HELD            BASF AG
                                                                               (%)               (%)
<S>                                                                           <C>             <C>
Wilhelm Worm GmbH                                                              50.0
Frankfurt (Main)

Wirtschaftliche Vereinigung fur Kraftstoffe GmbH                               50.0
Frankfurt (Main)

WV Energie AG                                                                  50.0
Frankfurt (Main)

WV Versicherungsmakler GmbH                                                    25.0
Frankfurt (Main)

EUROPE (OUTSIDE GERMANY)

Amylogene Handelsbolaget                                                       45.5
Svalov, Sweden

Basell Arabia Holding B.V.                                                     50.0
Hoofddorp, the Netherlands

Basell Belgium S.A.                                                            50.0
Brussels, Belgium

Basell Benelux B.V.                                                            50.0
Rotterdam, the Netherlands

Basell Brindisi Spa                                                            50.0
Milan, Italy

Basell Coordination Company N.V.                                               50.0
Zaventem, Belgium

Basell Europe Holding B.V.                                                     50.0
Hoofddorp, the Netherlands

Basell Finance Company B.V.                                                    50.0
Hoofddorp, the Netherlands

Basell Fos S.A.                                                                50.0
Levallois-Perret, France

Basell France S.A.                                                             50.0
Levallois-Perret, France

Basell Holding N.V.                                                            50.0
Hoofddorp, the Netherlands

Basell International Holding B.V.                                              50.0
Hoofddorp, the Netherlands

Basell Investissements S.A.                                                    50.0
Paris, France

Basell Italia S.R.L.                                                           50.0
Cesano Maderno, Italy

Basell Italy Holding Spa                                                       50,0
Milan, Italy

Basell Manufacturing UK Ltd.                                                   50.0
Manchester, Great Britain

Basell Nederland B.V.                                                          50.0
Arnhem, the Netherlands
</Table>


                                                                              23
<Page>


<Table>
<Caption>

COMPANY AND HEADQUARTERS                                                    CAPITAL          OF WHICH
                                                                              HELD            BASF AG
                                                                               (%)               (%)
<S>                                                                           <C>             <C>
Basell Nordic AB                                                               50.0
Gothenburg, Sweden

Basell North America Holding B.V.                                              50.0
Hoofddorp, the Netherlands

Basell Plasticos. Lda                                                          50.0
Lisbon, Portugal

Basell Polietileno Iberica S.L.                                                50.0
Barcelona, Spain

Basell Poliolefinas Iberica S.A.                                               50.0
Barcelona, Spain

Basell Polipropilene S.R.L.                                                    50.0
Milan, Italy

Basell Polipropileno Iberica S.A.                                              50.0
Barcelona, Spain

Basell Polyethylene S.A.                                                       50.0
Strasbourg, France

Basell Polyolefine Italia Spa                                                  50.0
Milan, Italy

Basell Polyolefines France S.A.                                                50.0
Paris, France

Basell Polyolefins Company N.V.                                                50.0
Zaventem, Belgium

Basell Polyolefins UK Ltd.                                                     50.0
Manchester, Great Britain

Basell Polypropylene Ltd.                                                      50.0
Manchester, Great Britain

Basell Polypropylene S.A.                                                      50.0
Lillebonne, France

Basell Produccion Iberica S.L.                                                 50.0
Reus-Tarragona, Spain

Basell Production France S.A.                                                  50.0
Levallois-Perret, France

Basell Service Company B.V.                                                    50.0
Hoofddorp, the Netherlands

Basell Taiwan Holding B.V.                                                     50.0
Hoofddorp, the Netherlands

Basell Technology Company B.V.                                                 50.0
Hoofddorp, the Netherlands

Basell UK Holding Ltd.                                                         50.0
Carrington, Great Britain

BASF Naber S.A.                                                                50.0
Valencia, Spain

BASF Poligrafia Polska S.p. z.o.o.                                             50.0
Lodz, Poland
</Table>


                                                                              24

<Page>


<Table>
<Caption>

COMPANY AND HEADQUARTERS                                                    CAPITAL          OF WHICH
                                                                              HELD            BASF AG
                                                                               (%)               (%)
<S>                                                                           <C>             <C>
Compagnie Industrielle des Polyethylenes de Normandie                          25.0
Notre-Dame de Gravenchon, France

Compleyo Industrial Taqsa AIE                                                  42.5
Tarragona, Spain

Elastokam OOO                                                                  50.0
Nishnekamsk Promsona, Russia

ELLBA B.V.                                                                     50.0
Rotterdam, the Netherlands

Gestio de residus especiales de Catalunya S.A.                                 33.3
Tarragona, Spain

Hisane A.I.E.                                                                  37.5
Reus (Tarragona), Spain

Indurisk Ruckversicherungs-GmbH                                                50.0
Luxembourg, Luxembourg

L5C Production B.V.                                                            30.0
The Hague, the Netherlands

L8B Production B.V.                                                            25.0
The Hague, the Netherlands

N.V. Noordwinning K 13                                                         30.3
The Hague, the Netherlands

Noordwinning L8A B.V.                                                          30.3
The Hague, the Netherlands

Omnexus N.V.                                                                   21.0              21.0
Amsterdam, the Netherlands

Severoceska Plynarenska A.S.                                                   20.2
Usti Nad Labem, Czech Republic

Societe Civile Immobiliere des Plastiques de Normandie                         41.4
Lillebonne, France

Societe du Craqueur de L'Aubette SAS                                           25.0
Berre L'Etang, France

Stredoceska Plynarenska A.S.                                                   31.0
Prague, Czech Republic

Societe de participation dans l'industrie et le Transport du Petrole           27.2
Neuilly-sur-Seine, France

UNA S.A.                                                                       25.0
Barcelona, Spain

WIEE Romania SRL                                                               50.0
Bucharest, Romania

Wirom Gas S.A.                                                                 25.0
Bucharest, Romania

Wolgodeminoil OOO                                                              50.0
Volgograd, Russia

WV Ungarn Handels- und Dienstleistungsgesellschaft mbH                         50.0
Budapest, Hungary
</Table>


                                                                              25
<Page>


<Table>
<Caption>

COMPANY AND HEADQUARTERS                                                    CAPITAL          OF WHICH
                                                                              HELD            BASF AG
                                                                               (%)               (%)
NORTH AMERICA
<S>                                                                           <C>             <C>
Aislantes y Acusticos de Monterrey, S.A. de C.V.                               50.0
Santa Catarina, N.L.C.P., Mexico

Basell American Finance Corporation                                            50.0
Wilmington, Delaware

Basell Canada Inc.                                                             50.0
Mississauga, Ontario, Canada

Basell Capital Corporation                                                     50.0
Wilmington, Delaware

Basell de Mexico, S.A. de C.V.                                                 50.0
Colonia del Valle, Mexico

Basell Finance USA Inc.                                                        50.0
Albany, New York

Basell Polyethylene Inc.                                                       50.0
Wilmington, Delaware

Basell USA Inc.                                                                50.0
Wilmington, Delaware

Baselltech USA Inc.                                                            50.0
Wilmington, Delaware

Sabina Petrochemicals LLC                                                      26.3
Wilmington, Delaware

SOUTH AMERICA

Tintas Graficas Vencedor S.A.                                                  46.2
San Juan de Lurigancho Lima, Peru

ASIA, PACIFIC AREA, AFRICA

Basell Australia Holding PTY                                                   50.0
Melbourne, Australia

Basell Australia PTY Ltd.                                                      50.0
Melbourne, Australia

Basell China Ltd.                                                              50.0
Hong Kong, China

Basell New Zealand Ltd.                                                        50.0
Auckland, New Zealand

BASF AKZO Nobel Automotive OEM Coatings PTY. Limited                           50.0
Melbourne, Australia

BASF Kanoo Gulf FZE                                                            49.0
Dubai, United Arab Emirates

BASF Kanoo Gulf LLC                                                            49.0              49.0
Dubai, United Arab Emirates

BASF Tunisie S.A.                                                              49.0              49.0
Megrine, Tunisia
</Table>


                                                                              26
<Page>


<Table>
<Caption>

COMPANY AND HEADQUARTERS                                                    CAPITAL          OF WHICH
                                                                              HELD            BASF AG
                                                                               (%)               (%)
<S>                                                                           <C>             <C>
Bell Engineering Co., Ltd.                                                     50.0
Osaka, Japan

Chunichi Paint Co.. Ltd.                                                       50.0
Nagoya, Japan

CSJ K.K.                                                                       50.0
Tokyo, Japan

Idemitsu-BASF Co., Ltd.                                                        50.0               50.0
Tokyo, Japan

Kartal Kimya San. ve Tic.                                                      25.1               25.1
Istanbul, Turkey

Kyushu Nissan Paint Co., Ltd.                                                  50.0
Fukuoka, Japan

Machino-Basell India Ltd.                                                      25.0
Delphi, India

MCB Corporation                                                                50.0
Yokkaichi, Mie, Japan

Nisso BASF Agro Co., Ltd.                                                      45.0               45.0
Tokyo, Japan

NOF Kansai Marine Coatings Co., Ltd.                                           25.0
Tokyo, Japan

NOF (Thailand) Ltd.                                                            20.0
Bangkok, Thailand

Pigment Manufacturers of Australia Ltd. i.L.                                   50.0
Laverton, Australia

Taiwan NOF Coatings Ltd.                                                       35.0
Taipei, Taiwan R.O.C.

Vitacolor Industries, Inc.                                                     40.0               40.0
Makati, Metro Manila, Philippines

Yasar BASF Automotive Coatings Company Ltds.                                   50.0
Izmir, Turkey


3. PARTICIPATING INTEREST OF BETWEEN 5 AND 20 PERCENT IN MAJOR
CORPORATIONS (PARAGRAPH 285, NO. 11 OF THE GERMAN COMMERCIAL CODE)

GERMANY

VNG-Verbundnetz Gas AG                                                         15.8
Leipzig

K + S Aktiengesellschaft                                                       16.7
Kassel

EUROPE (OUTSIDE GERMANY)

cc-chemplorer Ltd.                                                             12.4               12.4
Dublin, Ireland

Elemica Holding Ltd.                                                            8.7                8.7
Dublin, Ireland
</Table>


                                                                              27
<Page>


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 PARAGRAPH
264, SECTION 3 OR PARAGRAPH 264 b OF THE GERMAN COMMERCIAL CODE, RESPECTIVELY.


COMPANY AND HEADQUARTERS

GERMANY

BASF PharmaChemikalien GmbH & Co. KG
Ludwigshafen (Rhine)

BASF Schwarzheide GmbH
Schwarzheide

BASF Waren- und Anlagenvertriebs- und -leasing GmbH
Ludwigshafen (Rhine)

Haidkopf GmbH
Kassel

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


                                                                              28