Exhibit 4.2

List of Shares Held 2003

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Contents

|I.   | Fully, proportionally and equity consolidated subsidiaries and affiliates accounted for in the Consolidated Financial Statements
|---- | --------------------------------------------------------------------------------------------------------------------------------
|     | 1.                                                                                                                              
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|     | 4.                                                                                                                              
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|II.  | Other subsidiaries, affiliates and other participating interests                                                                
|     | 1.                                                                                                                              
|     |                                                                                                                                 
|     |                                                                                                                                 
|     |                                                                                                                                 
|     |                                                                                                                                 
|     |                                                                                                                                 
|     | 2.                                                                                                                              
|     | 3.                                                                                                                              
|     |                                                                                                                                 
|III. | Information on subsidiaries
(exemptions under Section 264, Paragraph 3 and Section 264 b of the German Commercial Code)         
|     |                                                                                                                                 

2

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BASF Group and BASF Aktiengesellschaft List of Shares Held 2003

Pursuant 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

|Company and headquarters                                                     |  | Capital
held
(%) |  | ThereofBASF AG
(%) |  | Stock-
holders'
equity
(millions) |  | Net
income
(millions) |   | Currency
(ISO code)
|---------------------------------------------------------------------------- |  | ---------------- |  | ------------------ |  | --------------------------------- |  | --------------------- | - | -------------------
|Germany                                                                      |  |                  |  |                    |  |                                   |  |                       |   |                    
|Achte BASF Finanzbeteiligungsgesellschaft mbH
Ludwigshafen (Rhine)           |  | 100.0            |  | 100.0              |  | 1.8                               |  | 7.8                   |   | EUR                
|BASF Agro Trademarks GmbH
Ludwigshafen (Rhine)                               |  | 100.0            |  | 100.0              |  | 0.0                               |  | 0.0                   |   | EUR                
|BASF Beteiligungsgesellschaft mbH
Ludwigshafen (Rhine)                       |  | 100.0            |  | 100.0              |  | 1,749.0                           |  | (99.0                 | ) | EUR                
|BASF CIS Trading GmbH
Ludwigshafen (Rhine)                                   |  | 100.0            |  | 100.0              |  | 2.7                               |  | (0.8                  | ) | EUR                
|BASF Coatings AG
Münster                                                     |  | 100.0            |  |                    |  | 239.6                             |  | *                     |   | EUR                
|BASF Drucksysteme GmbH
Stuttgart                                             |  | 100.0            |  |                    |  | 38.6                              |  | *                     |   | 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            |  |                    |  | 9.1                               |  | (0.7                  | ) | EUR                
|BASF Immobilien-Gesellschaft mbH & Co.
Drucksysteme KG,
Ludwigshafen (Rhine) |  | 100.0            |  |                    |  | 6.2                               |  | 1.9                   |   | EUR                
|BASF IT Services GmbH
Ludwigshafen (Rhine)                                   |  | 100.0            |  |                    |  | 23.3                              |  | 9.3                   |   | EUR                
|BASF PharmaChemikalien GmbH & Co. KG
Ludwigshafen (Rhine)                    |  | 100.0            |  | 100.0              |  | 37.9                              |  | (18.2                 | ) | EUR                
|BASF Pigment GmbH
Ludwigshafen (Rhine)                                       |  | 100.0            |  |                    |  | 11.8                              |  | *                     |   | EUR                
|BASF Plant Science GmbH
Ludwigshafen (Rhine)                                 |  | 91.0             |  |                    |  | 3.1                               |  | *                     |   | EUR                
|BASF Plant Science Holding GmbH
Ludwigshafen (Rhine)                         |  | 100.0            |  | 100.0              |  | 183.5                             |  | 0.1                   |   | EUR                
|BASF Schwarzheide GmbH
Schwarzheide                                          |  | 100.0            |  |                    |  | 209.1                             |  | *                     |   | EUR                
|Chemische Fabrik Wibarco GmbH
Ibbenbüren                                     |  | 100.0            |  |                    |  | 10.0                              |  | 2.6                   |   | EUR                
|Dr. Wolman GmbH
Sinzheim                                                     |  | 100.0            |  |                    |  | 4.8                               |  | 2.0                   |   | EUR                
|                                                                             |  |                  |  |                    |  |                                   |  |                       |   |                    

3

---

|Elastogran GmbH
Lemförde                                                       |  | 100.0 |  |       |  | 42.4    |  | *    |  |    
|------------------------------------------------------------------------------ |  | ----- |  | ----- |  | ------- |  | ---- |  | ---
|GEWOGE Wohnungsunternehmen der BASF GmbH
Ludwigshafen (Rhine)                  |  | 97.0  |  |       |  | 41.1    |  | *    |  | EUR
|Guano-Werke GmbH
Ludwigshafen (Rhine)                                          |  | 100.0 |  | 100.0 |  | 1,908.0 |  | 45.6 |  | 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 |  | 19.1    |  | 5.6  |  | EUR
|Untertage-Speicher-Gesellschaft mbH Kassel                                     |  | 100.0 |  |       |  | 1.4     |  | 2.7  |  | 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 Erdgas Verwaltungs-GmbH Kassel                                     |  | 100.0 |  |       |  | 156.5   |  | *    |  | EUR
|* Profit/loss transfer agreement                                               |  |       |  |       |  |         |  |      |  |    
|Europe (excluding Germany)                                                     |  |       |  |       |  |         |  |      |  |    
|BASF (Schweiz) AG
Wädenswil/Au, Switzerland                                    |  | 100.0 |  | 100.0 |  | 19.4    |  | 4.4  |  | CHF
|BASF A/S
Copenhagen, Denmark                                                   |  | 100.0 |  | 100.0 |  | 73.8    |  | 1.7  |  | DKK
|BASF AB
Göteborg, Sweden                                                       |  | 100.0 |  | 100.0 |  | 88.2    |  | 16.0 |  | SEK
|BASF Agri-Production S.A. S.
Gravelines, France                                |  | 100.0 |  |       |  | 47.9    |  | 7.1  |  | EUR
|                                                                               |  |       |  |       |  |         |  |      |  |    

4

---

|BASF Agro B.V.
Arnhem, the Netherlands                         |  | 100.0 |  |       |  | 1,246.4 |  | 0.2   |   | EUR
|-------------------------------------------------------------- |  | ----- |  | ----- |  | ------- |  | ----- | - | ---
|BASF Agro Hellas Industrial and Commercial S.A.
Athens, Greece |  | 100.0 |  | 100.0 |  | 6.3     |  | 1.4   |   | EUR
|BASF Agro S.A. S.
Tassin-La-Demi-Lune, France                  |  | 100.0 |  |       |  | 61.7    |  | (1.3  | ) | EUR
|BASF Agro SpA
Cesano Maderno, Italy                            |  | 100.0 |  | 100.0 |  | 7.9     |  | (0.8  | ) | EUR
|BASF Agrochemical Products B.V. Arnhem, the Netherlands        |  | 100.0 |  |       |  | 258.0   |  | (0.6  | ) | USD
|BASF Antwerpen N.V.
Antwerp, Belgium                           |  | 100.0 |  |       |  | 1,239.9 |  | 261.0 |   | EUR
|BASF AS
Asker, Norway                                          |  | 100.0 |  | 100.0 |  | 63.1    |  | 14.7  |   | NOK
|BASF Belgium S.A.
Brussels, Belgium                            |  | 100.0 |  | 100.0 |  | 22.2    |  | 2.7   |   | EUR
|BASF Coatings Holding B.V. Maarssenbroek, the Netherlands      |  | 100.0 |  |       |  | 204.5   |  | 21.9  |   | EUR
|BASF Coatings Ltd.
Deeside, United Kingdom                     |  | 100.0 |  |       |  | 4.9     |  | 1.1   |   | GBP
|BASF Coatings S.A. S.
Clermont de l'Oise, France               |  | 100.0 |  |       |  | 53.1    |  | 10.9  |   | EUR
|BASF Coatings SpA
Burago Molgora, Italy                        |  | 100.0 |  |       |  | 10.9    |  | (1.3  | ) | EUR
|BASF Coatings S.A.
Guadalajara, Spain                          |  | 99.7  |  |       |  | 44.2    |  | 12.3  |   | EUR
|BASF Coordination Center Comm. V. Antwerp, Belgium             |  | 100.0 |  | 73.4  |  | 8,216.7 |  | 217.2 |   | EUR
|BASF Curtex S.A.                                               |  | 100.0 |  |       |  | 25.7    |  | 3.5   |   | EUR
|L'Hospitalet de Llobregat, Spain                               |  |       |  |       |  |         |  |       |   |    
|BASF Drukinkt B.V.                                             |  | 100.0 |  |       |  | 6.5     |  | 1.0   |   | EUR
|Doetinchem, the Netherlands                                    |  |       |  |       |  |         |  |       |   |    
|                                                               |  |       |  |       |  |         |  |       |   |    

5

---

|BASF Española S.A.
Tarragona, Spain                |  | 100.0 |  |       |  | 216.3   |  | 19.5  |   | EUR
|-------------------------------------------------- |  | ----- |  | ----- |  | ------- |  | ----- | - | ---
|BASF France S.A. S.
Levallois-Perret, France       |  | 100.0 |  | 100.0 |  | 49.0    |  | 7.2   |   | EUR
|BASF Health & Nutrition A/S
Ballerup, Denmark      |  | 100.0 |  | 100.0 |  | 209.1   |  | 12.2  |   | DKK
|BASF Holding Española S. L.
Barcelona, Spain       |  | 100.0 |  | 100.0 |  | 27.2    |  | 21.0  |   | EUR
|BASF Hungaria Kft. Budapest, Hungary               |  | 100.0 |  | 100.0 |  | 2,400.4 |  | 336.9 |   | HUF
|BASF Interservice SpA
Cesano Maderno, Italy        |  | 100.0 |  | 90.0  |  | 86.8    |  | 2.5   |   | EUR
|BASF Intertrade AG
Zug, Switzerland                |  | 100.0 |  | 100.0 |  | 32.1    |  | 30.5  |   | CHF
|BASF IT Services B.V.
Arnhem, the Netherlands      |  | 100.0 |  | 100.0 |  | 99.2    |  | 13.5  |   | EUR
|BASF Italia SpA
Cesano Maderno, Italy              |  | 100.0 |  |       |  | 48.4    |  | 1.7   |   | EUR
|BASF Nederland B.V.
Arnhem, the Netherlands        |  | 100.0 |  | 100.0 |  | 1,585.2 |  | 4.8   |   | EUR
|BASF Austria Gesellschaft m. b. H.                 |  | 100.0 |  | 1.00  |  | 12.7    |  | 1.1   |   | EUR
|Vienna, Austria                                    |  |       |  |       |  |         |  |       |   |    
|BASF Operations B.V.
Arnhem, the Netherlands       |  | 100.0 |  |       |  | 2.8     |  | 0.2   |   | EUR
|BASF OY
Helsinki, Finland                          |  | 100.0 |  | 100.0 |  | 11.6    |  | (10.6 | ) | EUR
|BASF plc
Wembley, United Kingdom                   |  | 100.0 |  |       |  | 109.5   |  | 11.9  |   | GBP
|BASF Polska Sp. z. o. o.
Warsaw, Poland            |  | 100.0 |  | 100.0 |  | 70.1    |  | 10.2  |   | PLN
|BASF Printing Systems Ltd.
Horsham, United Kingdom |  | 100.0 |  |       |  | 6.2     |  | (0.6  | ) | GBP
|BASF SONATRACH Propanchem S.A. Tarragona, Spain    |  | 51.0  |  |       |  | 47.4    |  | (23.7 | ) | EUR
|                                                   |  |       |  |       |  |         |  |       |   |    

6

---

|BASF Systèmes d'Impression S.A. S. Clermont de l'Oise, France       |                                                                             | 100.0 |       |       |  | 23.3  |      | (1.2 | )    | EUR
|------------------------------------------------------------------- | --------------------------------------------------------------------------- | ----- | ----- | ----- |  | ----- | ---- | ---- | ---- | ---
|BASF UK Holdings Ltd.
Cheadle, United Kingdom                       |                                                                             | 100.0 |       | 100.0 |  | 30.8  |      |     |      | GBP
|BASF Vernici e Inchiostri SpA
Cinisello Balsamo, Italy              |                                                                             | 100.0 |       |       |  | 19.6  |      | 0.3  |      | EUR
|Elastogran France S.A.
Mitry-Mory, France                           |                                                                             | 100.0 |       |       |  | 4.7   |      | 0.1  |      | EUR
|Elastogran Italia SpA (ELIT)
Villanova d'Asti, Italy                |                                                                             | 100.0 |       |       |  | 21.7  |      | 2.4  |      | EUR
|Elastogran S.A.
Rubí (Barcelona), Spain                             |                                                                             | 100.0 |       |       |  | 11.1  |      | 2.8  |      | EUR
|Elastogran U. K. Ltd. (EUK)
Alfreton, United Kingdom                |                                                                             | 100.0 |       |       |  | 2.6   |      | 0.1  |      | GBP
|Frank Wright Limited
Ashbourne, United Kingdom                      |                                                                             | 100.0 |       |       |  | 11.8  |      | 0.6  |      | GBP
|Société Foncière et Industrielle S.A. S.
Clermont de l'Oise, France |                                                                             | 100.0 |       |       |  | 7.3   |      | 0.1  |      | EUR
|Wintershall Nederland Petroleum B.V.
The Hague, the Netherlands     |                                                                             | 100.0 |       |       |  | 20.3  |      | 18.5 |      | EUR
|Wintershall Nederland-Group                                         |                                                                             | 100.0 |       |       |  | 135.9 |      | 44.6 |      | EUR
|                                                                    | Includes:                                                                   |       |       |       |  |       |      |      |      |    
|                                                                    | Wintershall Dubai
Petroleum B.V.
The Hague, the Netherlands                 |       | 100.0 |       |  |       | 20.3 |      | 1.6  |    
|                                                                    | Wintershall Nederland B.V.
The Hague, the Netherlands                       |       | 100.0 |       |  |       | 59.3 |      | 4.1  |    
|                                                                    | Wintershall Nederland
Transport and Trading B.V.
The Hague, the Netherlands |       | 100.0 |       |  |       | 7.1  |      | 2.3  |    
|                                                                    | Wintershall Noordzee B.V.
The Hague, the Netherlands                        |       | 100.0 |       |  |       | 65.2 |      | 36.5 |    
|Wintershall Oil AG
Zug, Switzerland                                 |                                                                             | 100.0 |       |       |  | 2.7   |      | 1.0  |      | CHF
|Wintershall Petroleum (E & P) B.V.
The Hague, the Netherlands       |                                                                             | 100.0 |       |       |  | 10.9  |      | (7.2 | )    | USD
|ZAO BASF
Moscow, Russia                                             |                                                                             | 100.0 |       | 100.0 |  | 16.1  |      | 3.6  |      | EUR
|                                                                    |                                                                             |       |       |       |  |       |      |      |      |    

7

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|North America                                              |                                                              |       |       |       |       |         |         |        |        |    
|---------------------------------------------------------- | ------------------------------------------------------------ | ----- | ----- | ----- | ----- | ------- | ------- | ------ | ------ | ---
|BASFIN Corporation
Mount Olive,
New Jersey                 |                                                              | 100.0 |       | 100.0 |       | 3,094.7 |         | 0.0    |        | USD
|BASF Americas Group                                        |                                                              | 100.0 |       |       |       | 2,759.0 |         | (59.6  | )      | USD
|                                                           | Includes:                                                    |       |       |       |       |         |         |        |        |    
|                                                           | BASF Americas Corporation
Mount Olive, New Jersey            |       | 100.0 |       |       |         | 3,140.0 |        | 11.6   |    
|                                                           | BASF Corporation
Mount Olive,
New Jersey                     |       | 100.0 |       |       |         | 840.6   |        | (110.4 | )  
|                                                           | BASF AgGenetics LLC
Research Triangle Park, North Carolina   |       | 100.0 |       |       |         | (3.4    | )      | 0.2    |    
|                                                           | BASF Canada Inc.
Toronto, Ontario, Canada                    |       | 100.0 |       | 100.0 |         | 139.8   |        | 30.3   |    
|                                                           | BASF FINA Petrochemicals Ltd. Partnership
Port Arthur, Texas |       | 60.0  |       |       |         | 143.4   |        | 16.7   |    
|                                                           | BASF Plant Science Holding's Inc.
Mount Olive, New Jersey    |       | 100.0 |       |       |         | 0.1     |        | 0.0    |    
|                                                           | BASF Plant Science LLC
Mount Olive, New Jersey               |       | 100.0 |       |       |         | (10.3   | )      | (5.7   | )  
|                                                           | BASF Printing Systems LLC
Charlotte, North Carolina          |       | 100.0 |       |       |         | 1.8     |        | 0.3    |    
|                                                           | BASF Properties Inc.
Toronto, Ontario, Canada                |       | 100.0 |       |       |         | 3.6     |        | 0.2    |    
|                                                           | BodyShopmall.com Inc.
Toronto, Ontario, Canada               |       | 100.0 |       |       |         | (0.5    | )      | (0.2   | )  
|                                                           | BodyShopmall.com LLC
Southfield, Michigan                    |       | 100.0 |       |       |         | 11.1    |        | 2.0    |    
|                                                           | Micro Flo Company LLC
Memphis, Tennessee                     |       | 100.0 |       |       |         | 90.5    |        | 18.0   |    
|                                                           | Sabina Petrochemicals LLC*
Wilmington, Delaware              |       | 23.4  |       |       |         | (62.0   | )      | (29.2  | )  
|                                                           | Thousand Springs Trout Farms Inc.
Wilmington, Delaware       |       | 100.0 |       |       |         | 0.0     |        | 0.0    |    
|                                                           | Tradewinds Chemicals Corporation
Mount Olive, New Jersey     |       | 100.0 |       |       |         | 359.4   |        | 1.9    |    
|                                                           | BASF de Mexico Group                                         |       | 100.0 |       |       |         | 1,650.8 |        | (318.0 | )  
|BASF Coatings de Mexico, S.A. de C. V.
Mexico City, Mexico |                                                              | 100.0 |       |       |       | 377.2   |         | 88.1   |        | MXN
|BASF Interservicos, S.A. de C. V.
Mexico City, Mexico      |                                                              | 100.0 |       | 0.01  |       | (26.8   | )       | (28.3  | )      | MXN
|BASF de Mexico, S.A. de C. V.
Mexico City, Mexico          |                                                              | 100.0 |       | 100.0 |       | 1,651.7 |         | (318.0 | )      | MXN
|                                                           |                                                              |       |       |       |       |         |         |        |        |    

8

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|BASF Mexicana, S.A. de C. V.
Mexico City, Mexico               |                                                                           | 100.0 |       |       |       | 2,168.0  |       | (261.5   | )      | MXN
|-------------------------------------------------------------- | ------------------------------------------------------------------------- | ----- | ----- | ----- | ----- | -------- | ----- | -------- | ------ | ---
|* Proportionally consolidated affiliate                        |                                                                           |       |       |      
|South America                                                  |                                                                           |       |       |       |       |          |       |          |        |    
|BASF Argentina S.A.
Buenos Aires, Argentina                    |                                                                           | 100.0 |       | 99.9  |       | 137.9    |       | 169.1    |        | ARS
|BASF S.A. Group
Brazil                                         |                                                                           | 100.0 |       |       |       | 974.7    |       | 42.8     |        | BRL
|                                                               | Includes:                                                                 |       |       |       |       |          |       |          |        |    
|                                                               | BASF S.A.
São Bernardo do Campo, Brazil                                   |       | 100.0 |       |       |          | 832.5 |          | (193.2 | )  
|                                                               | BASF Poliuretanos Ltda.
Maua, Brazil                                      |       | 100.0 |       |       |          | 30.7  |          | 8.1    |    
|BASF Chile S.A.
Santiago, Chile                                |                                                                           | 100.0 |       | 99.9  |       | 22,889.0 |       | 1,509.0  |        | CLP
|BASF de Costa Rica, S.A.
San José, Costa Rica                  |                                                                           | 100.0 |       | 100.0 |       | 4,421.4  |       | 960.7    |        | CRC
|BASF Peruana S.A.
Lima, Peru                                   |                                                                           | 99.8  |       | 99.8  |       | 28.4     |       | 3.6      |        | PEN
|BASF Quimica Colombiana S.A.
Bogotá, Colombia                  |                                                                           | 100.0 |       | 100.0 |       | 65,891.0 |       | 14,800.0 |        | COP
|Wintershall BM-C-10 Ltda.
Rio de Janeiro, Brazil               |                                                                           | 100.0 |       |       |       | (172.4   | )     | (172.9   | )      | BRL
|Wintershall Energía S.A.
Buenos Aires, Argentina               |                                                                           | 100.0 |       |       |       | 577.3    |       | 258.8    |        | ARS
|Asia, Pacific Area, Africa                                     |                                                                           |       |       |       |       |          |       |          |        |    
|BASF (China) Company Ltd.
Peking, China                        |                                                                           | 100.0 |       | 100.0 |       | 1,182.4  |       | 16.5     |        | CNY
|BASF (Malaysia) Sdn. Bhd.
Petaling Jaya, Malaysia              |                                                                           | 100.0 |       |       |       | 95.5     |       | 19.5     |        | MYR
|BASF (Thai) Ltd.
Bangkok, Thailand                             |                                                                           | 100.0 |       | 100.0 |       | 1,398.6  |       | 173.8    |        | THB
|BASF Agro Ltd.
Tokyo, Japan                                    |                                                                           | 100.0 |       |       |       | 229.0    |       | 173.0    |        | JPY
|BASF Australia Group                                           |                                                                           |       |       |       |       |          |       |          |        |    
|                                                               | Includes:                                                                 |       |       |       |       |          |       |          |        |    
|                                                               | BASF Australia Ltd.
Melbourne, Victoria, Australia                        |       | 100.0 |       | 100.0 |          | 32.0  |          | 9.6    |    
|                                                               | Cyanamid Agriculture PTY. Ltd.
Baulkham Hills, New South Wales, Australia |       | 100.0 |       |       |          | 9.0   |          | 0.6    |    
|BASF Chemicals Company Ltd.
Shanghai, China                    |                                                                           | 100.0 |       |       |       | 767.0    |       | 0.0      |        | CNY
|BASF China Limited
Kowloon, Hong Kong, China                   |                                                                           | 100.0 |       | 100.0 |       | 265.7    |       | 113.1    |        | HKD
|BASF Colorants and Chemicals Co., Ltd.
Pudong, Shanghai, China |                                                                           | 100.0 |       |       |       | 995.6    |       | 191.8    |        | CNY
|                                                               |                                                                           |       |       |       |       |          |       |          |        |    

9

---

|BASF Company Ltd. Seoul,
South Korea                                                  |  | 100.0 |  |       |  | 399,840.0   |  | (24,016.0 | ) | KRW
|------------------------------------------------------------------------------------- |  | ----- |  | ----- |  | ----------- |  | --------- | - | ---
|BASF FZE
Dubai, UAE Dubai                                                             |  | 100.0 |  | 100.0 |  | 6.2         |  | 5.2       |   | AED
|BASF India Ltd. Mumbai,
India                                                         |  | 52.7  |  | 52.7  |  | 2,458.5     |  | 338.9     |   | INR
|BASF Japan Ltd.
Tokyo, Japan                                                          |  | 100.0 |  | 100.0 |  | 18,601.0    |  | 1,735.0   |   | JPY
|BASF New Zealand Ltd.
Auckland, New Zealand                                           |  | 100.0 |  | 100.0 |  | 12.7        |  | 2.0       |   | NZD
|BASF Pakistan (Private) Ltd.
Karachi, Pakistan                                        |  | 51.0  |  | 51.0  |  | 302.5       |  | 77.4      |   | PKR
|BASF PETRONAS Chemicals Sdn. Bhd.
Petaling Jaya, Malaysia                             |  | 60.0  |  | 60.0  |  | 1,157.5     |  | (26.2     | ) | MYR
|BASF Philippines, Inc.
Canlubang, Calamba Laguna, Philippines                         |  | 100.0 |  | 100.0 |  | 741.5       |  | 17.5      |   | PHP
|BASF Services (Malaysia) Sdn. Bhd.
Petaling Jaya, Malaysia                            |  | 100.0 |  | 100.0 |  | 228.8       |  | 0.1       |   | MYR
|BASF Singapore Pte. Ltd.
Singapore                                                    |  | 100.0 |  | 100.0 |  | 15.2        |  | 2.5       |   | SGD
|BASF South Africa (Pty.) Ltd.
Halfway House, South Africa                             |  | 100.0 |  | 100.0 |  | 141.1       |  | 22.8      |   | ZAR
|BASF South East Asia Pte. Ltd.
Singapore                                              |  | 100.0 |  | 100.0 |  | 402.4       |  | 70.8      |   | SGD
|BASF Styrenics Holding Company Port Louis, Mauritius                                  |  | 100.0 |  | 100.0 |  | 43.5        |  | 0.0       |   | USD
|BASF Styrenics Private Ltd. Mumbai, India                                             |  | 100.0 |  |       |  | 639.1       |  | (200.5    | ) | INR
|BASF Taiwan Ltd.
Taipei, Taiwan                                                       |  | 100.0 |  | 100.0 |  | 465.6       |  | 328.7     |   | TWD
|BASF Trading (Shanghai) Co. Ltd.
Shanghai, China                                      |  | 100.0 |  |       |  | 52.1        |  | 28.9      |   | CNY
|BASF Türk Kimya Sanayi ve Ticaret Ltd. Sti.
Istanbul, Turkey                          |  | 100.0 |  | 99.0  |  | 3,585,349.0 |  | 196,905.0 |   | TRL
|BASF Vitamins Company Ltd.
Shenyang, China                                            |  | 98.0  |  | 60.0  |  | 163.4       |  | 0.5       |   | CNY
|P. T. BASF Indonesia
Jakarta, Indonesia                                               |  | 97.0  |  | 97.0  |  | 194,156.0   |  | 39,565.0  |   | IDR
|Yangzi-BASF Styrenics Co. Ltd.
Nanjing, China                                         |  | 60.0  |  | 50.0  |  | 1,505.8     |  | 150.4     |   | CNY
|2. Proportionally consolidated affiliates (Section 310 of the German Commercial Code)
|BASF GE Schwarzheide GmbH & Co. KG
Schwarzheide                                       |  | 50.0  |  | 50.0  |  | 15.3        |  | 4.1       |   | EUR
|                                                                                      |  |       |  |       |  |             |  |           |   |    

10

---

|Wintershall Erdgas Handelshaus GmbH (WIEH)
Berlin                               |  | 50.0  |  |       |  | 0.1      |  | *     |   | EUR
|------------------------------------------------------------------------------- |  | ----- |  | ----- |  | -------- |  | ----- | - | ---
|Europe (excluding Germany)                                                      |  |       |  |       |  |          |  |       |   |    
|ELLBA C. V.
Rotterdam, the Netherlands                                          |  | 50.0  |  |       |  | 150.8    |  | 41.7  |   | EUR
|Produits et Engrais Chimiques du Rhin S.A. (PEC Rhin)
Ottmarsheim, France       |  | 50.0  |  | 50.0  |  | 27.9     |  | 5.9   |   | EUR
|Wintershall Erdgas Handelshaus AG
Zug, Switzerland                              |  | 50.0  |  |       |  | 15.4     |  | 64.8  |   | CHF
|North America                                                                   |  |       |  |       |  |          |  |       |   |    
|Polioles, S.A. de C. V.
Mexico City, Mexico                                     |  | 50.0  |  |       |  | 827.1    |  | 34.6  |   | MXN
|Asia, Pacific Area, Africa                                                      |  |       |  |       |  |          |  |       |   |    
|BASF Inoac Polyurethanes, Ltd. (BIP)
Shinshiro-Shi, Aichi, Japan                |  | 50.0  |  |       |  | 3,708.0  |  | 290.0 |   | JPY
|BASF NOF Coatings Co., Ltd.
Tokyo, Japan                                        |  | 50.0  |  |       |  | 19,963.0 |  | 230.0 |   | JPY
|BASF-YPC Company Ltd.
Nanjing, China                                            |  | 50.0  |  | 10.0  |  | 7,034.5  |  | 0.0   |   | CNY
|ELLBA Eastern Private Ltd.
Singapore                                            |  | 50.0  |  |       |  | 59.9     |  | 0.0   |   | USD
|Shanghai Gao Qiao-BASF Dispersions Co. Limited
Shanghai, China                  |  | 50.0  |  | 40.0  |  | 359.0    |  | 57.7  |   | CNY
|3. Equity consolidated subsidiaries (Section 312 of the German Commercial Code)
|BASF Future Business GmbH
Ludwigshafen (Rhine)                                  |  | 100.0 |  | 100.0 |  | 25.7     |  | *     |   | EUR
|BASF Venture Capital GmbH
Ludwigshafen (Rhine)                                  |  | 100.0 |  |       |  | 22.8     |  | (3.1  | ) | EUR
|Lucura Rückversicherungs GmbH
Ludwigshafen (Rhine)                              |  | 100.0 |  |       |  | 34.7     |  | 4.7   |   | EUR
|Tensid-Chemie Vertriebsgesellschaft mbH
Cologne                                 |  | 100.0 |  |       |  | 2.3      |  | *     |   | EUR
|Wintershall Lenkoran GmbH
Kassel                                                |  | 100.0 |  |       |  | 0.0      |  | 0.0   |   | EUR
|Wintershall Wolga Petroleum GmbH**
Kassel                                       |  | 100.0 |  |       |  | 18.2     |  | 2.9   |   | EUR
|* Profit/loss transfer agreement                                                |  |       |  |       |  |          |  |       |   |    
|** Including earnings of consolidated subsidiaries/Group                        |  |       |  |       |  |          |  |       |   |    
|Europe (excluding Germany)                                                      |  |       |  |       |  |          |  |       |   |    
|BASF Coatings Refinish AG
Wädenswil/Au, Switzerland                             |  | 100.0 |  |       |  | 1.2      |  | 0.1   |   | CHF
|                                                                                |  |       |  |       |  |          |  |       |   |    

11

---

|BASF Coatings Refinish Ltd.
Didcot, United Kingdom                                        |  | 100.0 |  |       |  | 3.1     |   | 0.1     |   | GBP
|----------------------------------------------------------------------------------------- |  | ----- |  | ----- |  | ------- | - | ------- | - | ---
|BASF Coatings Refinish SpA
Burago Molgora, Italy                                          |  | 100.0 |  |       |  | 8.6     |   | 0.2     |   | EUR
|BASF Ireland Limited
Dublin, Ireland                                                      |  | 100.0 |  | 100.0 |  | 2.5     |   | 0.3     |   | EUR
|BASF Sistemas de Impresión, S.A.
Vilanova del Valles, Spain                               |  | 100.0 |  |       |  | 5.1     |   | 0.1     |   | EUR
|South America                                                                             |  |       |  |       |  |         |   |         |   |    
|BASF Ecuatoriana S.A.
Quito, Ecuador                                                      |  | 100.0 |  | 99.9  |  | 3.7     |   | 0.4     |   | EUR
|BASF Poliuretanos S.A.
Buenos Aires, Argentina                                            |  | 100.0 |  | 3.2   |  | (45.3   | ) | (40.8   | ) | ARS
|BASF Venezolana, S.A.
Caracas, Venezuela                                                  |  | 100.0 |  | 100.0 |  | 6,523.3 |   | 2,669.5 |   | VEB
|Wintershall BM-C-19 Ltda.
Rio de Janeiro, Brazil                                          |  | 100.0 |  |       |  | 0.2     |   | 0.0     |   | BRL
|Wintershall BM-ES-7 Ltda.
Rio de Janeiro, Brazil                                          |  | 100.0 |  |       |  | 0.2     |   | 0.0     |   | BRL
|Wintershall BM-S-14 Ltda.
Rio de Janeiro, Brazil                                          |  | 100.0 |  |       |  | 0.2     |   | 0.0     |   | BRL
|* Profit/loss transfer agreement
** Including earnings of consolidated subsidiaries/Group |  |       |  |       |  |         |   |         |   |    
|Asia, Pacific Area, Africa                                                                |  |       |  |       |  |         |   |         |   |    
|BASF Polyurethanes (Taiwan) Co. Ltd.
Hsinchu, Taiwan                                      |  | 100.0 |  | 100.0 |  | 87.9    |   | 21.0    |   | TWD
|BASF JCIC Neopentylglycol Company Ltd.
Jilin City, China                                  |  | 60.0  |  | 50.0  |  | 134.2   |   | 24.3    |   | CNY
|BASF Polyurethanes (Malaysia) Sdn. Bhd.
Petaling Jaya, Malaysia                           |  | 100.0 |  |       |  | 11.3    |   | 2.2     |   | MYR
|BASF Shanghai Coatings Company Ltd.
Shanghai, China                                       |  | 60.0  |  |       |  | 98.7    |   | 26.2    |   | CNY
|4. Equity consolidated affiliates (Section 312 of the German Commercial Code)            
|Germany                                                                                   |  |       |  |       |  |         |   |         |   |    
|Solvin GmbH & Co. KG*
Hanover                                                             |  | 25.0  |  | 25.0  |  | 352.1   |   | (5.6    | ) | EUR
|Basell N.V.*
Hoofddorp, the Netherlands                                                   |  | 50.0  |  | 17.8  |  | 3,075.7 |   | (69.3   | ) | EUR
|Svalöf Weibull AB*
Svalöv, Sweden                                                         |  | 40.0  |  |       |  | 539.0   |   | 0.0     |   | SEK
|* Including earnings of consolidated subsidiaries/Group                                   |  |       |  |       |  |         |   |         |   |    

12

---

II. Other subsidiaries, affiliates and other participating interests

|Company and headquarters                                                                           |  | Capital
held (%) |  | ThereofBASF AG (%)
|-------------------------------------------------------------------------------------------------- |  | ---------------- |  | ------------------
|Germany                                                                                            |  |                  |  |                   
|ART-Autolack-Systeme GmbH
Dortmund                                                                 |  | 100.0            |  |                   
|Ausbildungsplatzinitiative Pfalz GmbH
Ludwigshafen (Rhine)                                         |  | 97.0             |  | 97.0              
|BASF Akquisitions- und Objektverwertungs-gesellschaft 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 Cologne mbH
Ludwigshafen (Rhine)                           |  | 100.0            |  | 100.0             
|BASF Lizenz GmbH
Ludwigshafen (Rhine)                                                              |  | 100.0            |  |                   
|BASF Mobilienleasing GmbH
Ludwigshafen (Rhine)                                                     |  | 100.0            |  |                   
|BASF Performance Polymers GmbH
Rudolstadt                                                          |  | 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            |  |                   
|                                                                                                   |  |                  |  |                   

13

---

|Guano-Werke Vermögensverwaltung AG
Ludwigshafen (Rhine)                              |  | 99.8  |  |      
|------------------------------------------------------------------------------------ |  | ----- |  | -----
|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 Health GmbH
Berlin                                                        |  | 65.1  |  |      
|Metanomics Verwaltungsgesellschaft mbH
Berlin-Charlottenburg                         |  | 100.0 |  |      
|Neunte BASF Chemiebeteiligungsgesellschaft mbH
Ludwigshafen (Rhine)                  |  | 100.0 |  | 100.0
|Neunte BASF Erwerbsgesellschaft mbH
Ludwigshafen (Rhine)                             |  | 100.0 |  | 100.0
|Neunte BASF Finanzbeteiligungsgesellschaft mbH
Ludwigshafen (Rhine)                  |  | 100.0 |  | 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 |  |      
|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 Libyen Oil & Gas GmbH
Kassel                                             |  | 100.0 |  |      
|Wintershall Nordkaspische Exploration und Production GmbH
Ludwigshafen (Rhine)       |  | 100.0 |  |      
|                                                                                     |  |       |  |      

14

---

|Wintershall Urengoi GmbH
Kassel                                       |  | 100.0 |  |      
|--------------------------------------------------------------------- |  | ----- |  | -----
|Wintershall Vermögensverwaltungsgesellschaft mbH
Ludwigshafen (Rhine) |  | 100.0 |  |      
|Zweite BASF Immobilien-Gesellschaft mbH
Ludwigshafen (Rhine)          |  | 100.0 |  | 95.0 
|Europe (excluding Germany)                                            |  |       |  |      
|ART Autolack-Systeme, S.A.
Guadalajara, 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 |  |      
|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 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
|                                                                      |  |       |  |      

15

---

|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 Masterbatch N.V.
Kuurne, Belgium                                                          |  | 100.0 |  |        
|BASF Portuguesa Lda.
Prior Velho, Portugal                                                     |  | 100.0 |  | 70.5 _>
|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 Centre-Distribuicao de productos químicos especials Lda.
Marinha Grande, Portugal |  | 100.0 |  |        
|BASF Wostok OOO
Moscow, Russia                                                                 |  | 100.0 |  |        
|Boots Galenika d.o.o.
Belgrade, Serbia-Montenegro                                              |  | 51.0  |  | 51.0   
|BTC Specialty Chemical Distribution S. L.
Barcelona, Spain                                     |  | 100.0 |  |        
|BTC Specialty Chemical Distribution SpA
Cesano Maderno, Italy                                  |  | 100.0 |  |        
|BTC Specialty Chemical Distribution B. V.
Arnhem, the Netherlands                              |  | 100.0 |  |        
|BTC Specialty Chemical Distribution GmbH
Vienna, Austria                                       |  | 100.0 |  |        
|                                                                                               |  |       |  |        

16

---

|BTC Specialty Chemical Distribution Ltd.
Cheshire, United Kingdom    |  | 100.0 |  |      
|-------------------------------------------------------------------- |  | ----- |  | -----
|BTC Specialty Chemical Distribution S.A. S.
Levallois Perret, France |  | 100.0 |  |      
|BTC Specialty Chemical Distribution Benelux S.A.
Brussels, Belgium   |  | 100.0 |  |      
|BTC Specialty Chemical Distribution A/S
Copenhagen, Denmark          |  | 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 Ireland Limited
Clonee, Ireland                             |  | 100.0 |  |      
|Cyanamid Russ A/O
Moscow, Russia                                     |  | 100.0 |  | 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 |  |      
|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 |  | 1.0  
|Plant Science Sweden AB
Svalöv, Sweden                               |  | 91.0  |  |      
|R-M Automotive Refinish Limited
Enfield, United Kingdom              |  | 100.0 |  |      
|                                                                     |  |       |  |      

17

---

|Valentine Limited
Cheadle, United Kingdom                           |  | 100.0 |  |      
|------------------------------------------------------------------- |  | ----- |  | -----
|WINGAS Belgium S. P. R. L. /B. V. B. A.
Brussels, Belgium           |  | 65.4  |  |      
|Wintershall Gas spol. s r. o.
Prague, Czech Republic                |  | 100.0 |  |      
|Wintershall Services B. V.
The Hague, the Netherlands               |  | 100.0 |  |      
|North America                                                       |  |      
|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 Pipeline Holding LLC
Houston, Texas                            |  | 100.0 |  |      
|BASF Venture Capital America Inc.
Santa Barbara, California         |  | 100.0 |  |      
|BASF Venture Capital Canada Inc.
Toronto, Ontario, Canada           |  | 100.0 |  |      
|BF Textile Colours Holding Inc.
Wilmington, North Carolina          |  | 100.0 |  | 100.0
|DNA Landmarks Inc.
St.-Jean-sur-Richelieu, Quebec, Canada           |  | 81.9  |  |      
|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, 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  |  |      

18

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|Company and headquarters                                                 |  | Capital
held (%) |  | ThereofBASF AG (%)
|------------------------------------------------------------------------ |  | ---------------- |  | ------------------
|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             
|Cyanamid El Salvador S. R. L.
San Salvador, El Salvador                  |  | 100.0            |  | 100.0             
|Cyanamid de Uruguay S.A.
Montevideo, Uruguay                             |  | 100.0            |  |                   
|Tintas Graficas S.A.
Santiago, Chile                                     |  | 92.5             |  |                   
|Tintas Graficas S.A.
San Luis, Argentina                                 |  | 92.5             |  |                   
|Wintershall BM-ES-1 Ltda.
Rio de Janeiro, Brazil                         |  | 100.0            |  |                   
|Wintershall do Brasil Serviços Ltda.
Rio de Janeiro, Brazil              |  | 100.0            |  |                   
|Asia, Pacific Arca, Africa                                               |  |                  |  |                   
|ART Automotive Refinish Technologies (PTY) Ltd.
Milnerton, South Africa  |  | 100.0            |  |                   
|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 Agro Ltd.
Seoul, South Korea                                        |  | 100.0            |  |                   
|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 Coatings 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.
Canlubang, Calamba, Laguna, Philippines               |  | 100.0            |  |                   
|                                                                         |  |                  |  |                   

19

---

|BASF Coatings (Pvt.) Ltd.
Mumbai, India                                                     |  | 100.0 |  |      
|------------------------------------------------------------------------------------------- |  | ----- |  | -----
|BASF Coatings PMB (Pty.) Ltd.
Vanderbijlpark, 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 Idemitsu Co. Ltd.
Tokyo, Japan                                                         |  | 67.0  |  | 67.0 
|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
|BASF Polyurethanes (China) Co. Ltd.
Panyu Guangdong, China                                  |  | 100.0 |  |      
|BASF S. P. A.
Hydra, Algeria                                                                |  | 100.0 |  | 100.0
|BASF Tai Ching Crop Protection Chemicals Corp.
Taipai, Taiwan                               |  | 55.0  |  | 55.0 
|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 Agricultural Products Sdh. Bhd.
Petaling Jaya, Malaysia                            |  | 100.0 |  | 100.0
|Cyanamid Limited
Lilongwe, Malawi                                                           |  | 100.0 |  |      
|Cyanamid Zimbabwe (PVT) Ltd.
Workington, Zimbabwe                                           |  | 100.0 |  |      
|CSJ K. K.
Tokyo, Japan                                                                      |  | 100.0 |  |      
|Elastogran Polürethan Sanayi ve Ticaret A. S.
Pendik-Istanbul, Turkey                       |  | 100.0 |  |      
|ME Vitamin Pte. Ltd. i. L.
Singapore                                                        |  | 100.0 |  | 100.0
|Shanghai BASF Polyurethane Company
Shanghai, China                                          |  | 70.0  |  |      
|2. Non-equity-consolidated minor affiliates (Section 311 [2] of the German Commercial Code)
|Germany                                                                                     |  |       |  |      
|                                                                                            |  |       |  |      

20

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|Aurentum Innovationstechnologien GmbH
Mainz                                                                           |  | 25.2 |  |     
|--------------------------------------------------------------------------------------------------------------------- |  | ---- |  | ----
|Axaron Bioscience AG
Heidelberg                                                                                       |  | 43.5 |  | 43.5
|Basell Bayreuth Chemie GmbH
Eschborn                                                                                  |  | 47.0 |  |     
|Basell Chemie Cologne GmbH
Wesseling                                                                                  |  | 50.0 |  |     
|Basell Deutschland GmbH
Mainz                                                                                         |  | 50.0 |  |     
|Basell Germany Holding GmbH
Düsseldorf                                                                                |  | 50.0 |  |     
|Basell Holding 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 |  |     
|DATASOUND Gesellschaft zur Entwicklung und Vermarktung
digitaler Audio- und Informationssysteme, Ludwigshafen (Rhine) |  | 25.0 |  |     
|DyStar Textilfarben GmbH*
Frankfurt (Main)                                                                            |  | 30.0 |  | 30.0
|DyStar Textilfarben GmbH & Co. Germany KG*
Frankfurt (Main)                                                           |  | 30.0 |  | 30.0
|Emsland-Erdölleitung GmbH
Osterwald                                                                                   |  | 25.0 |  |     
|Envimax GmbH
Heddesheim                                                                                               |  | 50.0 |  |     
|Erdgasverkaufsgesellschaft mbH
Münster                                                                                |  | 28.8 |  |     
|Gesellschaft für Wohnungs-, Gewerbe- und Städtebau Aktiengesellschaft
Ludwigshafen (Rhine)                            |  | 30.0 |  |     
|Ginger GmbH
Ludwigshafen (Rhine)                                                                                      |  | 22.0 |  | 22.0
|KGS KETO-Gulonsäure Vertriebsgesellschaft beschränkt haftende OHG
Krefeld                                             |  | 33.3 |  | 33.3
|M-Exchange AG
Frankfurt (Main)                                                                                        |  | 46.5 |  |     
|Projektförderung Initiative für Beschäftigung GmbH
Münster                                                            |  | 25.0 |  |     
|PSG Procurement Service GmbH
Lohmar                                                                                   |  | 50.0 |  |     
|RAIL4Chem Eisenbahnverkehrsgesellschaft mbH
Essen                                                                     |  | 25.0 |  | 25.0
|                                                                                                                      |  |      |  |     

21

---

|Rheingas Erdgasleitungsgesellschaft mbH i. L.
Hanover                 |  | 50.0 |  | 50.0
|--------------------------------------------------------------------- |  | ---- |  | ----
|Solvin Europe GmbH
Hanover                                            |  | 25.2 |  | 25.2
|Stuttgarter IT Gesellschaft mbH
Stuttgart                             |  | 50.0 |  |     
|S. T. E. P. Personalentwicklungsgesellschaft mbH
Ludwigshafen (Rhine) |  | 33.4 |  | 33.4
|Thermische Rückstandsverwertung Verwaltungs-GmbH
Wesseling            |  | 30.0 |  |     
|Thermische Rückstandsverwertung GmbH & Co KG (TRV)
Wesseling          |  | 30.0 |  |     
|WV Elektro GmbH & Co. Handels-KG
Frankfurt (Main)                     |  | 50.0 |  |     
|WV Energie AG
Frankfurt (Main)                                        |  | 50.0 |  |     
|WV Service GmbH
Frankfurt (Main)                                      |  | 50.0 |  |     
|WV Versicherungsmakler GmbH
Frankfurt (Main)                          |  | 25.0 |  |     
|* Included under other assets                                         |  |      |  |     
|Europe (excluding 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 |  |     
|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 |  |     
|                                                                      |  |      |  |     

22

---

|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 Nederland B. V.
Arnhem, the Netherlands                |  | 50.0 |  | 
|Basell Nordic AB
Göteborg, Sweden                             |  | 50.0 |  | 
|Basell Orlen Polyolefins Sp. z. o. o.
Plock, Poland           |  | 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 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 |  | 
|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 |  | 
|                                                              |  |      |  | 

23

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|BASF Huntsman Shanghai Isocyanate Investment B. V.
Arnhem, the Netherlands             |  | 50.0 |  |     
|-------------------------------------------------------------------------------------- |  | ---- |  | ----
|BASF Naber S.A.
Valencia, Spain                                                        |  | 50.0 |  |     
|BASF Nutrition Animale S.A. S.
Chateau Gontier, France                                 |  | 50.0 |  |     
|BASF Poligrafia Polska Sp. z. o. o.
Lodz, Poland                                       |  | 50.0 |  |     
|Compagnie Industrielle des Polyethylenes de Normandie
Notre-Dame de Gravenchon, France |  | 25.0 |  |     
|CSEBER Csomagoloeszköz Begyüjtesi Rendeszer KHT
Budapest, Hungary                      |  | 22.8 |  |     
|Compleyo Industrial Taqsa AIE
Tarragona, Spain                                         |  | 42.5 |  |     
|Elastokam OOO
Nishnekamsk Promsona, Russia                                             |  | 50.0 |  |     
|ELLBA B. 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 |  |     
|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 |  |     
|N.V. Noordwinning K 13
The Hague, the Netherlands                                      |  | 30.3 |  |     
|Noordwinning L8AB. V.
The Hague, the Netherlands                                       |  | 30.3 |  |     
|Omnexus N.V. i. L.
Amsterdam, the Netherlands                                          |  | 21.0 |  | 21.0
|OOO Achimgaz
Novy Urengoy, Russia                                                      |  | 50.0 |  |     
|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 SpA
Milan, Italy                                                              |  | 50.0 |  |     
|                                                                                       |  |      |  |     

24

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|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 Transport 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 SpA
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 |  | 
|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, Delaware                                       |  | 50.0 |  | 
|Basell Asia-Pacific Inc.
Wilmington, Delaware                                                  |  | 50.0 |  | 
|Basell Canada Inc.
Mississauga, Ontario, Canada                                                |  | 50.0 |  | 
|Basell Capital Corporation
Wilmington, Delaware                                                |  | 50.0 |  | 
|Basell de Mexico, S.A. de C.V.
Colonia del Valle, Mexico                                       |  | 50.0 |  | 
|Basell Finance USA Inc.
Albany, New York                                                       |  | 50.0 |  | 
|Basell Impact Holding Company
Wilmington, Delaware                                             |  | 50.0 |  | 
|Basell North America Inc. (US)
Wilmington, Delaware                                            |  | 50.0 |  | 
|Basell Polyethylene Inc.
Wilmington, Delaware                                                  |  | 50.0 |  | 
|Basell USA Inc.
Wilmington, Delaware                                                           |  | 50.0 |  | 
|                                                                                               |  |      |  | 

25

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|BasellTech USA Inc.
Wilmington, Delaware                                            |  | 50.0 |  |     
|----------------------------------------------------------------------------------- |  | ---- |  | ----
|CHD Enterprises Inc.
Wilmington, Delaware                                           |  | 50.0 |  |     
|Indelpro S.A. de C.V.
Garza Garzia, Mexico                                          |  | 24.5 |  |     
|Polymer Resource Group Inc.
Wilmington, Delaware                                    |  | 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 |  |     
|Ingredia S.A.
Caracas, Venezuela                                                    |  | 37.2 |  |     
|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, UAE Dubai                                                |  | 49.0 |  |     
|BASF Kanoo Gulf LLC
Dubai, UAE Dubai                                                |  | 49.0 |  | 49.0
|BASF Tunisie S.A.
Megrine, Tunisia                                                  |  | 49.0 |  | 49.0
|Chunichi Paint Co., Ltd.
Nagoya, Japan                                              |  | 50.0 |  |     
|Kartal Kimya San. ve Tic. A. S.
Istanbul, Turkey                                    |  | 25.1 |  | 25.1
|Kyushu Nissan Paint Co., Ltd.
Fukuoka, Japan                                        |  | 50.0 |  |     
|Machino-Basell India Ltd.
Delphi, India                                             |  | 25.0 |  |     
|Nisso BASF Agro Co., Ltd.
Tokyo, Japan                                              |  | 45.0 |  | 45.0
|NOF Kansai Marine Coatings Co., Ltd.
Tokyo, Japan                                   |  | 25.0 |  |     
|                                                                                    |  |      |  |     

26

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|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                                                                                         |  | 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
(%) |  | ThereofBASF AG
(%) |  | Stock-
holders'
equity
(millions) |  | Net
income
(millions) |  | Currency
(ISO code)
|------------------------------- |  | ---------------- |  | ------------------ |  | --------------------------------- |  | --------------------- |  | -------------------
|Germany                         |  |                  |  |                    |  |                                   |  |                       |  |                    
|K + S Aktiengesellschaft
Kassel |  | 10.0             |  | 10.0               |  | 513.4*                            |  | 103.8*                |  | EUR                
|VNG-Verbundnetz Gas AG
Leipzig  |  | 15.8             |  | 465.3              |  | 105.0                             |  | EUR                   |  |                    

27

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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.

Company and headquarters

|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                          
|                                                                                      

28

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