**Exhibit 8.1**

 

 

**List ofShares Held 2005**

 

----

 

**Contents**

 

 
| **2**      | **I.**     | **Fully,  proportionally and equity consolidated subsidiaries and affiliates accounted  for in the Consolidated Financial Statements** |
|------------|------------|----------------------------------------------------------------------------------------------------------------------------------------|
| ** ** | ** ** | ** **                                                                                                                             | ** ** |
| **2**      | ** ** | **1.**                                                                                                                                 | **Fully  consolidated subsidiaries** |
|       |       |                                                                                                                                   |   |
| **2**      |       |                                                                                                                                   | **•**** **Germany |
| **4**      |       |                                                                                                                                   | **•**** **Europe (excluding Germany) |
| **6**      |       |                                                                                                                                   | **•**** **North America (NAFTA) |
| **7**      |       |                                                                                                                                   | **•**** **Asia Pacific |
| **9**      |       |                                                                                                                                   | **•**** **South America, Africa, Middle East |
|       |       |                                                                                                                                   |   |
| **10**     | ** ** | **2.**                                                                                                                                 | **Proportionally  consolidated affiliates** |
|       |       |                                                                                                                                   |   |
| **10**     |       |                                                                                                                                   | **•**** **Germany |
| **10**     |       |                                                                                                                                   | **•**** **Europe (excluding Germany) |
| **10**     |       |                                                                                                                                   | **•**** **North America (NAFTA) |
| **10**     |       |                                                                                                                                   | **•**** **Asia Pacific |
|       |       |                                                                                                                                   |   |
| **10**     | ** ** | **3.**                                                                                                                                 | **Equity  consolidated subsidiaries** |
|       |       |                                                                                                                                   |   |
| **10**     |       |                                                                                                                                   | **•**** **Germany |
| **11**     |       |                                                                                                                                   | **•**** **Europe (excluding Germany) |
| **11**     |       |                                                                                                                                   | **•**** **Asia Pacific |
| **11**     |       |                                                                                                                                   | **•**** **South America, Africa, Middle East |
|       |       |                                                                                                                                   |   |
| **11**     | ** ** | **4.**                                                                                                                                 | **Equity  consolidated affiliates** |
|       |       |                                                                                                                                   |   |
| **11**     |       |                                                                                                                                   | **•**** **Germany |
| **11**     |       |                                                                                                                                   | **•**** **Europe (excluding Germany) |
| **11**     |       |                                                                                                                                   | **•**** **Asia Pacific |
|       |       |                                                                                                                                   |   |
| **12**     | **II.**    | **Other  subsidiaries affiliates and other participating interests**                                                                   |
| ** ** | ** ** | ** **                                                                                                                             | ** ** |
| ** ** | ** ** | ** **                                                                                                                             | ** ** |
| **12**     | ** ** | **1.**                                                                                                                                 | **Non-consolidated  minor subsidiaries** |
|       |       |                                                                                                                                   |   |
| **12**     |       |                                                                                                                                   | **•**** **Germany |
| **14**     |       |                                                                                                                                   | **•**** **Europe (excluding Germany) |
| **16**     |       |                                                                                                                                   | **•**** **North America (NAFTA) |
| **17**     |       |                                                                                                                                   | **•**** **Asia Pacific |
| **18**     |       |                                                                                                                                   | **•**** **South America, Africa, Middle East |
|       |       |                                                                                                                                   |   |
| **19**     | ** ** | **2.**                                                                                                                                 | **Non-consolidated  minor affiliates** |
|       |       |                                                                                                                                   |   |
| **19**     |       |                                                                                                                                   | **•**** **Germany |
| **21**     |       |                                                                                                                                   | **•**** **Europe (excluding Germany) |
| **21**     |       |                                                                                                                                   | **•**** **North America (NAFTA) |
| **22**     |       |                                                                                                                                   | **•**** **Asia Pacific |
| **22**     |       |                                                                                                                                   | **•**** **South America, Africa, Middle East |
|       |       |                                                                                                                                   |   |
| **23**     | ** ** | **3.**                                                                                                                                 | **Participating  interests of between 5 and 20 percent in major corporations  (Section 285, No. 11 of the German Commercial Code)** |
| ** ** | ** ** | ** **                                                                                                                             | ** ** |
| **23**     |       |                                                                                                                                   | **•**** **Germany |
|       |       |                                                                                                                                   |   |
| **24**     | **III.**   | **Information  on subsidiaries  (exemptions under Section 264, [3] and Section 264 b of the German  Commercial Code)**       |
| ** ** | ** ** | ** **                                                                                                                             | ** ** |
| **24**     |       |                                                                                                                                   | **•**** **Germany |

 

1

----

 

**BASF Groupand BASF Aktiengesellschaft List of Shares Held 2005**

Pursuant to Section 313,[2] and Section 285, No. 11 of the German Commercial Code

 

I.                 Fullyproportionally and equity consolidated subsidiaries and affiliates accountedfor in the Consolidated Financial Statements

 

1.               Fullyconsolidated subsidiaries

 
| **Company and headquarters**                                | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** | **Stock-  holders’  equity** | ** ** | **Net  income** | ** ** | **Currency**   | ** ** |
|-------------------------------------------------------------|------------|-------------------|------------|----------------------|------------|-----------------------------------|------------|-----------------|------------|----------------|------------|
| ** **                                                  | ** ** | **(%)**           | ** ** | **(%)**              | ** ** | **(millions)**                    | ** ** | **(millions)**  | ** ** | **(ISO code)** | ** ** |
| ** **                                                  |       |              |       |                 |       |                              |       |            |       |           |       |
| **Germany**                                                 |       |              |       |                 |       |                              |       |            |       |           |       |
|                                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Agro Trademarks GmbH                                   |       | 100.0             |       |                 |       | 0.6                               |       | 0.5             |       | EUR            |       |
| Ludwigshafen (Rhine)                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Beteiligungsgesellschaft mbH                           |       | 100.0             |       | 100.0                |       | 2,272.0                           |       | 225.6           |       | EUR            |       |
| Ludwigshafen (Rhine)                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Coatings AG                                            |       | 100.0             |       | 10.0                 |       | 236.1                             |       |            | *          | EUR            |       |
| Münster                                                |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Electronic Materials GmbH                              |       | 100.0             |       |                 |       | 11.5                              |       | 1.3             |       | EUR            |       |
| Ludwigshafen (Rhine)                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Handels - und Export GmbH                              |       | 100.0             |       | 100.0                |       | 481.6                             |       |            | *          | EUR            |       |
| Ludwigshafen (Rhine)                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Immobilien-Gesellschaft mbH &  Co. Pigment KG |       | 100.0             |       |                 |       | 11.1                              |       | 0.0             |       | EUR            |       |
| Ludwigshafen (Rhine)                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Isocyanate China Investment GmbH                       |       | 100.0             |       |                 |       | 5.0                               |       |            | *          | EUR            |       |
| Ludwigshafen (Rhine)                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF IT Services GmbH                                       |       | 100.0             |       |                 |       | 18.5                              |       | 2.5             |       | EUR            |       |
| Ludwigshafen (Rhine)                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF IT Services Holding GmbH                               |       | 100.0             |       |                 |       | 20.0                              |       |            | *          | EUR            |       |
| Ludwigshafen (Rhine)                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Performance Polymers GmbH                              |       | 100.0             |       |                 |       | 37.6                              |       |            | *          | EUR            |       |
| Rudolstadt                                                  |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF PharmaChemikalien GmbH & Co.  KG              |       | 100.0             |       | 100.0                |       | 30.4                              |       | (2.6            | )          | EUR            |       |
| Ludwigshafen (Rhine)                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Pigment GmbH                                           |       | 100.0             |       |                 |       | 11.1                              |       |            | *          | EUR            |       |
| Ludwigshafen (Rhine)                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Plant Science GmbH                                     |       | 91.0              |       |                 |       | 3.0                               |       |            | *          | EUR            |       |
| Ludwigshafen (Rhine)                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Plant Science Holding GmbH                             |       | 100.0             |       | 100.0                |       | 183.1                             |       |            | *          | EUR            |       |
| Ludwigshafen (Rhine)                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Power GmbH                                             |       | 100.0             |       | 100.0                |       | 12.3                              |       | 11.8            |       | EUR            |       |
| Ludwigshafen (Rhine)                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Schwarzheide GmbH                                      |       | 100.0             |       | 10.0                 |       | 233.5                             |       |            | *          | EUR            |       |
| Schwarzheide                                                |       |              |       |                 |       |                              |       |            |       |           |       |
| BPG Immobilien GmbH                                         |       | 100.0             |       | 10.0                 |       | 9.3                               |       | 0.8             |       | EUR            |       |
| Ludwigshafen (Rhine)                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BTC Speciality Chemical Distribution GmbH                   |       | 100.0             |       |                 |       | 1.6                               |       |            | *          | EUR            |       |
| Cologne                                                     |       |              |       |                 |       |                              |       |            |       |           |       |
| Chemische Fabrik Wibarco GmbH                               |       | 100.0             |       | 10.0                 |       | 8.8                               |       | 1.0             |       | EUR            |       |
| Ibbenbüren                                             |       |              |       |                 |       |                              |       |            |       |           |       |

 

----

* Profit/loss transfer agreement

 

2

----

 
| **Company and headquarters**                    | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** | **Stock-  holders’  equity** | ** ** | **Net  income** | ** ** | **Currency**   | ** ** |
|-------------------------------------------------|------------|-------------------|------------|----------------------|------------|-----------------------------------|------------|-----------------|------------|----------------|------------|
| ** **                                      | ** ** | **(%)**           | ** ** | **(%)**              | ** ** | **(millions)**                    | ** ** | **(millions)**  | ** ** | **(ISO code)** | ** ** |
|                                            |       |              |       |                 |       |                              |       |            |       |           |       |
| Dr. Wolman GmbH                            |       | 100.0             |       | 10.0                 |       | 2.4                               |       |            | *          | EUR            |       |
| Sinzheim                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| Elastogran GmbH                                 |       | 100.0             |       | 10.0                 |       | 106.3                             |       |            | *          | EUR            |       |
| Lemförde                                   |       |              |       |                 |       |                              |       |            |       |           |       |
| GEWOGE Wohnungsunternehmen der BASF GmbH        |       | 97.0              |       | 10.0                 |       | 369.7                             |       |            | *          | EUR            |       |
| Ludwigshafen (Rhine)                            |       |              |       |                 |       |                              |       |            |       |           |       |
| Guano-Werke GmbH                                |       | 100.0             |       | 100.0                |       | 2,979.7                           |       | 26.7            |       | EUR            |       |
| Ludwigshafen (Rhine)                            |       |              |       |                 |       |                              |       |            |       |           |       |
| Haidkopf GmbH                                   |       | 100.0             |       |                 |       | 0.7                               |       |            | *          | EUR            |       |
| Kassel                                          |       |              |       |                 |       |                              |       |            |       |           |       |
| LUWOGE GmbH                                     |       | 100.0             |       | 10.0                 |       | 46.2                              |       |            | *          | EUR            |       |
| Ludwigshafen (Rhine)                            |       |              |       |                 |       |                              |       |            |       |           |       |
| Leuna Miramid GmbH                              |       | 100.0             |       |                 |       | 17.4                              |       | (0.8            | )          | EUR            |       |
| Leuna                                           |       |              |       |                 |       |                              |       |            |       |           |       |
| Metanomics GmbH                                 |       | 91.0              |       |                 |       | 0.0                               |       |            | *          | EUR            |       |
| Berlin-Charlottenburg                           |       |              |       |                 |       |                              |       |            |       |           |       |
| plan business enterprise solutions GmbH         |       | 100.0             |       |                 |       | 4.9                               |       | —          |       | EUR            |       |
| Hamburg                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| plan business integration GmbH                  |       | 100.0             |       |                 |       | 0.2                               |       | —          |       | EUR            |       |
| Hamburg                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| plan business market enabling services AG       |       | 100.0             |       |                 |       | 7.7                               |       | —          |       | EUR            |       |
| Hamburg                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| SunGene GmbH                                    |       | 91.0              |       |                 |       | 0.1                               |       |            | *          | EUR            |       |
| Gatersleben                                     |       |              |       |                 |       |                              |       |            |       |           |       |
| Untertage-Speicher-Gesellschaft mbH             |       | 100.0             |       |                 |       | 7.0                               |       | 2.4             |       | EUR            |       |
| Kassel                                          |       |              |       |                 |       |                              |       |            |       |           |       |
| WINGAS GmbH                                     |       | 65.0              |       |                 |       | 229.7                             |       |            | *          | EUR            |       |
| Kassel                                          |       |              |       |                 |       |                              |       |            |       |           |       |
| Wintershall AG                                  |       | 100.0             |       | 10.0                 |       | 2,130.3                           |       |            | *          | EUR            |       |
| Kassel                                          |       |              |       |                 |       |                              |       |            |       |           |       |
| Wintershall Erdgas Beteiligungs-GmbH            |       | 100.0             |       |                 |       | 207.7                             |       |            | *          | EUR            |       |
| Kassel                                          |       |              |       |                 |       |                              |       |            |       |           |       |
| Wintershall Erdgas Verwaltungs-GmbH             |       | 100.0             |       |                 |       | 156.5                             |       |            | *          | EUR            |       |
| Kassel                                          |       |              |       |                 |       |                              |       |            |       |           |       |
| Wintershall Explorations - und Produktions-     |       | 100.0             |       |                 |       | 529.8                             |       |            | *          | EUR            |       |
| Beteiligungsgesellschaft mbH, Kassel            |       |              |       |                 |       |                              |       |            |       |           |       |
| Zehnte BASF Erwerbsgesellschaft mbH             |       | 91.0              |       |                 |       | 55.9                              |       |            | *          | EUR            |       |
| Ludwigshafen (Rhine)                            |       |              |       |                 |       |                              |       |            |       |           |       |
| Zehnte BASF Finanzbeteiligungsgesellschaft  mbH |       | 91.0              |       |                 |       | 36.7                              |       |            | *          | EUR            |       |
| Ludwigshafen (Rhine)                            |       |              |       |                 |       |                              |       |            |       |           |       |

 

----

* Profit/loss transferagreement

 

3

----

 
| **Company and headquarters**                     | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** | **Stock-  holders’  equity** | ** ** | **Net  income** | ** ** | **Currency**   | ** ** |
|--------------------------------------------------|------------|-------------------|------------|----------------------|------------|-----------------------------------|------------|-----------------|------------|----------------|------------|
| ** **                                       | ** ** | **(%)**           | ** ** | **(%)**              | ** ** | **(millions)**                    | ** ** | **(millions)**  | ** ** | **(ISO code)** | ** ** |
| ** **                                       |       |              |       |                 |       |                              |       |            |       |           |       |
| **Europe (excluding Germany)**                   |       |              |       |                 |       |                              |       |            |       |           |       |
|                                             |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF A/S                                         |       | 100.0             |       | 100.0                |       | 21.7                              |       | 0.7             |       | DKK            |       |
| Copenhagen, Denmark                              |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF AB                                          |       | 100.0             |       | 100.0                |       | 4,978.3                           |       | 127.9           |       | EUR            |       |
| Gothenburg, Sweden                               |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Agri-Produktion S.A.S.                      |       | 100.0             |       |                 |       | 75.3                              |       | 10.0            |       | EUR            |       |
| Gravelines, France                               |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Agro B.V.                                   |       | 100.0             |       |                 |       | 1,918.7                           |       | (1.2            | )          | CHF            |       |
| Arnhem, The Netherlands                          |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Agro Hellas Industrial and Commercial  S.A. |       | 100.0             |       | 100.0                |       | 6.4                               |       | 0.2             |       | EUR            |       |
| Athens, Greece                                   |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Agro S.A.S.                                 |       | 100.0             |       |                 |       | 55.5                              |       | 13.2            |       | EUR            |       |
| Ecully, France                                   |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Agrochemical Products B.V.                  |       | 100.0             |       |                 |       | 232.6                             |       | (0.3            | )          | USD            |       |
| Arnhem, The Netherlands                          |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Antwerpen N.V.                              |       | 100.0             |       |                 |       | 3,065.8                           |       | 362.4           |       | EUR            |       |
| Antwerp, Belgium                                 |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF AS                                          |       | 100.0             |       | 100.0                |       | 13.7                              |       | 4.7             |       | NOK            |       |
| Asker, Norway                                    |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Belgium S.A.                                |       | 99.9              |       | 99.9                 |       | 29.7                              |       | 3.8             |       | EUR            |       |
| Brussels, Belgium                                |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Coatings Holding B.V.                       |       | 100.0             |       |                 |       | 120.5                             |       | 35.8            |       | EUR            |       |
| Maarssenbroek, The Netherlands                   |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Coatings Ltd.                               |       | 100.0             |       |                 |       | 9.2                               |       | 3.3             |       | GBP            |       |
| Deeside, United Kingdom                          |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Coatings S.A.S.                             |       | 100.0             |       |                 |       | 61.4                              |       | 13.7            |       | EUR            |       |
| Clermont de l’Oise, France                  |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Coatings SpA                                |       | 100.0             |       |                 |       | 14.5                              |       | (3.6            | )          | EUR            |       |
| Burago Molgora, Italy                            |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Coatings S.A.                               |       | 99.7              |       |                 |       | 43.7                              |       | 8.9             |       | EUR            |       |
| Guadalajara, Spain                               |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Coordination Center Comm. V.                |       | 100.0             |       |                 |       | 8,565.1                           |       | 178.9           |       | EUR            |       |
| Antwerp, Belgium                                 |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Curtex S.A.                                 |       | 100.0             |       |                 |       | 17.3                              |       | (9.7            | )          | EUR            |       |
| L’Hospitalet de Llobregat, Spain            |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Española S.A.                          |       | 100.0             |       |                 |       | 234.9                             |       | 26.5            |       | EUR            |       |
| Tarragona, Spain                                 |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Electronic Materials B.V.                   |       | 100.0             |       |                 |       | 1.3                               |       | 0.3             |       | EUR            |       |
| Arnhem, The Netherlands                          |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Electronic Materials S.A.S.                 |       | 100.0             |       |                 |       | 3.1                               |       | (0.2            | )          | EUR            |       |
| Levallois-Perret, France                         |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF France S.A.S.                               |       | 100.0             |       | 100.0                |       | 104.3                             |       | 58.2            |       | EUR            |       |
| Levallois-Perret, France                         |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Health & Nutrition A/S             |       | 100.0             |       | 100.0                |       | 106.5                             |       | (55.0           | )          | DKK            |       |
| Ballerup, Denmark                                |       |              |       |                 |       |                              |       |            |       |           |       |

 

4

----

 
| **Company and headquarters**                            | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** | **Stock-  holders’  equity** | ** ** | **Net  income** | ** ** | **Currency**   | ** ** |
|---------------------------------------------------------|------------|-------------------|------------|----------------------|------------|-----------------------------------|------------|-----------------|------------|----------------|------------|
| ** **                                              | ** ** | **(%)**           | ** ** | **(%)**              | ** ** | **(millions)**                    | ** ** | **(millions)**  | ** ** | **(ISO code)** | ** ** |
|                                                    |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Holding Española S.L.                         |       | 100.0             |       | 100.0                |       | 28.2                              |       | 78.3            |       | EUR            |       |
| Barcelona, Spain                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Hungaria Kft.                                      |       | 100.0             |       | 100.0                |       | 3,524.4                           |       | 106.5           |       | HUF            |       |
| Budapest, Hungary                                       |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Interservice SpA                                   |       | 100.0             |       | 90.0                 |       | 51.6                              |       | (37.7           | )          | EUR            |       |
| Cesano Maderno, Italy                                   |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Intertrade AG                                      |       | 100.0             |       | 100.0                |       | 49.4                              |       | 33.3            |       | USD            |       |
| Zug, Switzerland                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF IT Services B.V.                                   |       | 100.0             |       | 100.0                |       | 70.1                              |       | (29.6           | )          | EUR            |       |
| Arnhem, The Netherlands                                 |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Italia SpA                                         |       | 100.0             |       |                 |       | 59.2                              |       | 3.0             |       | EUR            |       |
| Cesano Maderno, Italy                                   |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Nederland B.V.                                     |       | 100.0             |       | 100.0                |       | 1,605.8                           |       | 8.9             |       | EUR            |       |
| Arnhem, The Netherlands                                 |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Austria GmbH                                       |       | 100.0             |       | 1.00                 |       | 16.2                              |       | 3.4             |       | EUR            |       |
| Vienna, Austria                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Operations B.V.                                    |       | 100.0             |       |                 |       | 63.2                              |       | 60.0            |       | EUR            |       |
| Arnhem, The Netherlands                                 |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF OY                                                 |       | 100.0             |       | 100.0                |       | 17.7                              |       | 6.4             |       | EUR            |       |
| Helsinki, Finland                                       |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF plc                                                |       | 100.0             |       |                 |       | 98.3                              |       | 16.3            |       | GBP            |       |
| Cheadle, United Kingdom                                 |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Polska Sp. z.o.o.                                  |       | 100.0             |       | 100.0                |       | 118.4                             |       | 17.0            |       | PLN            |       |
| Warsaw, Poland                                          |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Switzerland AG                                     |       | 100.0             |       | 100.0                |       | 29.8                              |       | 7.9             |       | CHF            |       |
| Wädenswil/Au, Switzerland                          |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF SONATRACH Propanchem S.A.                          |       | 51.0              |       |                 |       | 74.9                              |       |            | *          | EUR            |       |
| Tarragona, Spain                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Taiwan B.V.                                        |       | 100.0             |       |                 |       | 48.4                              |       | 0.0             |       | EUR            |       |
| Arnhem, The Netherlands                                 |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Türk Kimya Sanayi ve Ticaret Ltd. Sti.        |       | 100.0             |       | 99.0                 |       | 39.7                              |       | 6.1             |       | TRY            |       |
| Istanbul, Turkey                                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF UK Holdings Ltd.                                   |       | 100.0             |       | 100.0                |       | 30.8                              |       | 18.2            |       | GBP            |       |
| Cheadle, United Kingdom                                 |       |              |       |                 |       |                              |       |            |       |           |       |
| Elastogran France S.A.S.                                |       | 100.0             |       |                 |       | 4.8                               |       | 0.3             |       | EUR            |       |
| Mitry-Mory, France                                      |       |              |       |                 |       |                              |       |            |       |           |       |
| Elastogran Italia SpA (ELIT)                            |       | 100.0             |       |                 |       | 23.6                              |       | 2.3             |       | EUR            |       |
| Villanova d’Asti, Italy                            |       |              |       |                 |       |                              |       |            |       |           |       |
| Elastogran Poliüretan Sanayi ve Ticaret  Ltd. Sti. |       | 100.0             |       |                 |       | 10.7                              |       | 2.0             |       | TRY            |       |
| Pendik-Istanbul, Turkey                                 |       |              |       |                 |       |                              |       |            |       |           |       |
| Elastogran S.A.                                         |       | 100.0             |       |                 |       | 6.7                               |       | —          |       | EUR            |       |
| Rubí (Barcelona), Spain                            |       |              |       |                 |       |                              |       |            |       |           |       |
| Elastogran U.K. Ltd. (EUK)                              |       | 100.0             |       |                 |       | 2.1                               |       | 0.0             |       | GBP            |       |
| Alfreton, United Kingdom                                |       |              |       |                 |       |                              |       |            |       |           |       |
| Frank Wright Limited                                    |       | 100.0             |       |                 |       | 9.4                               |       | 1.0             |       | GBP            |       |
| Ashbourne, United Kingdom                               |       |              |       |                 |       |                              |       |            |       |           |       |

 

5

----

 
| **Company and headquarters**                           | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** | **Stock-  holders’  equity** | ** ** | **Net  income** | ** ** | **Currency**   | ** ** |
|--------------------------------------------------------|------------|-------------------|------------|----------------------|------------|-----------------------------------|------------|-----------------|------------|----------------|------------|
| ** **                                             | ** ** | **(%)**           | ** ** | **(%)**              | ** ** | **(millions)**                    | ** ** | **(millions)**  | ** ** | **(ISO code)** | ** ** |
|                                                   |       |              |       |                 |       |                              |       |            |       |           |       |
| Orgamol France S.A.                                    |       | 100.0             |       |                 |       | 34.7                              |       | (0.3            | )          | EUR            |       |
| Saint-Vulbas, France                                   |       |              |       |                 |       |                              |       |            |       |           |       |
| Orgamol S.A.                                           |       | 100.0             |       |                 |       | 262.0                             |       | 2.7             |       | CHF            |       |
| Evionnaz, Switzerland                                  |       |              |       |                 |       |                              |       |            |       |           |       |
| SIR Holding d’Investissements et de  recherches   |       | 100.0             |       |                 |       | 77.9                              |       | 0.0             |       | CHF            |       |
| Evionnaz, Switzerland                                  |       |              |       |                 |       |                              |       |            |       |           |       |
| Société Foncière et Industrielle S.A.S. |       | 92.9              |       |                 |       | 7.5                               |       | 0.1             |       | EUR            |       |
| Clermont de l’Oise, France                        |       |              |       |                 |       |                              |       |            |       |           |       |
| Wintershall Nederland Group                            |       | 100.0             |       |                 |       | 273.1                             |       | 85.5            |       | EUR            |       |
| Includes:                                              |       |              |       |                 |       |                              |       |            |       |           |       |
| Wintershall Dubai                                      |       | 100.0             |       |                 |       | 30.6                              |       | (5.5            | )          | USD            |       |
| Petroleum B.V.                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| The Hague, The Netherlands                             |       |              |       |                 |       |                              |       |            |       |           |       |
| Wintershall Nederland B.V.                             |       | 100.0             |       |                 |       | 273.1                             |       | 7.6             |       | EUR            |       |
| The Hague, The Netherlands                             |       |              |       |                 |       |                              |       |            |       |           |       |
| Wintershall Nederland                                  |       | 100.0             |       |                 |       | 9.3                               |       | 1.0             |       | EUR            |       |
| Transport and Trading B.V.                             |       |              |       |                 |       |                              |       |            |       |           |       |
| The Hague, The Netherlands                             |       |              |       |                 |       |                              |       |            |       |           |       |
| Wintershall Noordzee B.V.                              |       | 100.0             |       |                 |       | 610.3                             |       | 75.3            |       | EUR            |       |
| The Hague, The Netherlands                             |       |              |       |                 |       |                              |       |            |       |           |       |
| Wintershall Oil AG                                     |       | 100.0             |       |                 |       | 5.1                               |       | (0.2            | )          | USD            |       |
| Zug, Switzerland                                       |       |              |       |                 |       |                              |       |            |       |           |       |
| Wintershall Petroleum (E&P) B.V.                   |       | 100.0             |       |                 |       | 107.1                             |       | 65.2            |       | USD            |       |
| The Hague, The Netherlands                             |       |              |       |                 |       |                              |       |            |       |           |       |
| ZAO BASF                                               |       | 100.0             |       | 100.0                |       | 21.9                              |       | 4.5             |       | EUR            |       |
| Moscow, Russia                                         |       |              |       |                 |       |                              |       |            |       |           |       |
|                                                   |       |              |       |                 |       |                              |       |            |       |           |       |
| **North America (NAFTA)**                              |       |              |       |                 |       |                              |       |            |       |           |       |
| ** **                                             |       |              |       |                 |       |                              |       |            |       |           |       |
| BASFIN Corporation                                     |       | 100.0             |       | 100.0                |       | 3,095.0                           |       | 0.2             |       | USD            |       |
| Florham Park, New Jersey                               |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Americas Group                                    |       | 100.0             |       |                 |       | 2,822.9                           |       | 495.3           |       | USD            |       |
| Includes:                                              |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Americas Corporation                              |       | 100.0             |       |                 |       | 3,184.8                           |       | 30.9            |       | USD            |       |
| Florham Park, New Jersey                               |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Corporation                                       |       | 100.0             |       |                 |       | 370.1                             |       | 250.4           |       | USD            |       |
| Florham Park, New Jersey                               |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF AgGenetics LLC                                    |       | 100.0             |       |                 |       | (2.9                              | )          | 0.2             |       | USD            |       |
| Research Triangle Park, North Carolina                 |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Canada Inc.                                       |       | 100.0             |       | 100.0                |       | 183.7                             |       | 43.6            |       | CAD            |       |
| Mississauga, Ontario, Canada                           |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Fina Petrochemicals Ltd. Partnership              |       | 60.0              |       |                 |       | 367.0                             |       | 248.7           |       | USD            |       |
| Porth Arthur, Texas                                    |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Finance Canada Inc.                               |       | 100.0             |       |                 |       | 277.5                             |       | 2.4             |       | CAD            |       |
| Vancouver, British Columbia, Canada                    |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Intertrade Corporation                            |       | 100.0             |       |                 |       | 0.0                               |       | 0.0             |       | USD            |       |
| Houston, Texas                                         |       |              |       |                 |       |                              |       |            |       |           |       |

 

6

----

 
| **Company and headquarters**           | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** | **Stock-  holders’  equity** | ** ** | **Net  income** | ** ** | **Currency**   | ** ** |
|----------------------------------------|------------|-------------------|------------|----------------------|------------|-----------------------------------|------------|-----------------|------------|----------------|------------|
| ** **                             | ** ** | **(%)**           | ** ** | **(%)**              | ** ** | **(millions)**                    | ** ** | **(millions)**  | ** ** | **(ISO code)** | ** ** |
|                                   |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Pipeline Holdings LLC             |       | 100.0             |       |                 |       | 12.4                              |       | 0.9             |       | USD            |       |
| Houston, Texas                         |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Plant Science Holding’s Inc. |       | 100.0             |       |                 |       | 0.1                               |       | —          |       | USD            |       |
| Florham Park, New Jersey               |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Plant Science LLC                 |       | 100.0             |       |                 |       | (30.3                             | )          | (5.7            | )          | USD            |       |
| Florham Park, New Jersey               |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Properties Inc.                   |       | 100.0             |       |                 |       | 5.0                               |       | 0.6             |       | CAD            |       |
| Toronto, Ontario, Canada               |       |              |       |                 |       |                              |       |            |       |           |       |
| BodyShopmall.com Inc.                  |       | 100.0             |       |                 |       | (0.1                              | )          | 0.3             |       | CAD            |       |
| Toronto, Ontario, Canada               |       |              |       |                 |       |                              |       |            |       |           |       |
| BT Propylene LLC                       |       | 60.0              |       |                 |       | 14.8                              |       | 0.0             |       | USD            |       |
| Florham Park, New Jersey               |       |              |       |                 |       |                              |       |            |       |           |       |
| Foam Enterprises Inc.                  |       | 100.0             |       |                 |       | 45.2                              |       | (0.3            | )          | USD            |       |
| Plymouth, Minnesota                    |       |              |       |                 |       |                              |       |            |       |           |       |
| Lumerica Insurance Company             |       | 100.0             |       |                 |       | 43.6                              |       | 3.6             |       | USD            |       |
| Florham Park, New Jersey               |       |              |       |                 |       |                              |       |            |       |           |       |
| Micro Flo Company LLC                  |       | 100.0             |       |                 |       | 113.7                             |       | 19.5            |       | USD            |       |
| Memphis, Tennessee                     |       |              |       |                 |       |                              |       |            |       |           |       |
| MTO Reality Holding LLC                |       | 100.0             |       |                 |       | 45.1                              |       | 0.0             |       | USD            |       |
| Florham Park, New Jersey               |       |              |       |                 |       |                              |       |            |       |           |       |
| Sabina Petrochemicals LLC*             |       | 22.8              |       |                 |       | 70.3                              |       | 2.8             |       | USD            |       |
| Wilmington, Delaware                   |       |              |       |                 |       |                              |       |            |       |           |       |
| Thousand Springs Trout Farms Inc.      |       | 100.0             |       |                 |       | 0.0                               |       | 0.0             |       | USD            |       |
| Wilmington, Delaware                   |       |              |       |                 |       |                              |       |            |       |           |       |
| Tradewinds Chemicals Corporation       |       | 100.0             |       |                 |       | 370.0                             |       | 7.6             |       | USD            |       |
| Florham Park, New Jersey               |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF de Mexico Group                   |       | 100.0             |       |                 |       | 1,907.2                           |       | 197.6           |       | MXN            |       |
| Includes:                              |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Coatings de Mexico, S.A. de C.V.  |       | 100.0             |       |                 |       | 142.3                             |       | 95.3            |       | MXN            |       |
| Tultitlan, Mexico                      |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF de Mexico S.A. de C.V.            |       | 100.0             |       | 100.0                |       | 1,907.2                           |       | 197.6           |       | MXN            |       |
| Mexico City, Mexico                    |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Interservicos S.A. de C.V.        |       | 100.0             |       |                 |       | (18.7                             | )          | 6.0             |       | MXN            |       |
| Mexico City, Mexico                    |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Mexicana S.A. de C.V.             |       | 100.0             |       |                 |       | 1,500.0                           |       | 19.6            |       | MXN            |       |
| Mexico City, Mexico                    |       |              |       |                 |       |                              |       |            |       |           |       |
|                                   |       |              |       |                 |       |                              |       |            |       |           |       |
| **Asia Pacific**                       |       |              |       |                 |       |                              |       |            |       |           |       |
|                                   |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF (China) Company Ltd.              |       | 100.0             |       | 100.0                |       | 1,341.4                           |       | 116.6           |       | CNY            |       |
| Shanghai, China                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF (Malaysia) Sdn. Bhd.              |       | 100.0             |       |                 |       | 143.0                             |       | 13.0            |       | MYR            |       |
| Petaling Jaya, Malaysia                |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF (Thai) Ltd.                       |       | 100.0             |       | 100.0                |       | 931.1                             |       | 175.0           |       | THB            |       |
| Bangkok, Thailand                      |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Agro Ltd.                         |       | 100.0             |       |                 |       | 617.0                             |       | 646.0           |       | JPY            |       |
| Tokyo, Japan                           |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Australia Ltd.                    |       | 100.0             |       | 100.0                |       | 46.0                              |       | 6.6             |       | AUD            |       |
| Melbourne, Victoria, Australien        |       |              |       |                 |       |                              |       |            |       |           |       |

 

----

* Proportionally consolidatedaffiliate.

 

7

----

 
| **Company and headquarters**           | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** | **Stock-  holders’  equity** | ** ** | **Net  income** | ** ** | **Currency**   | ** ** |
|----------------------------------------|------------|-------------------|------------|----------------------|------------|-----------------------------------|------------|-----------------|------------|----------------|------------|
| ** **                             | ** ** | **(%)**           | ** ** | **(%)**              | ** ** | **(millions)**                    | ** ** | **(millions)**  | ** ** | **(ISO code)** | ** ** |
|                                   |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Auxiliary Chemicals Company Ltd.  |       | 100.0             |       |                 |       | 1,475.2                           |       | 302.7           |       | CNY            |       |
| Pudong, Shanghai, China                |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Chemicals Company Ltd.            |       | 100.0             |       |                 |       | 178.5                             |       | (661.3          | )          | CNY            |       |
| Shanghai, China                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF China Limited                     |       | 100.0             |       | 100.0                |       | 363.9                             |       | 237.4           |       | HKD            |       |
| Hong Kong, China                       |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Coatings Japan Ltd.               |       | 100.0             |       |                 |       | 20,808.0                          |       | 465.0           |       | JPY            |       |
| Kanagawa, Japan                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Company Ltd.                      |       | 100.0             |       |                 |       | 748,905.0                         |       | 165,639.0       |       | KRW            |       |
| Seoul, South Korea                     |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Electronic Materials Pte. Ltd.    |       | 100.0             |       |                 |       | 5.1                               |       | 1.7             |       | SGD            |       |
| Singapore                              |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Electronic Materials Sdn. Bhd.    |       | 100.0             |       | 100.0                |       | 12.3                              |       | 1.6             |       | MYR            |       |
| Kuala Lumpur, Malaysia                 |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Idemitsu Co. Ltd.                 |       | 67.0              |       | 67.0                 |       | 2,968.0                           |       | 1,130.0         |       | JPY            |       |
| Tokyo, Japan                           |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF India Ltd.                        |       | 52.7              |       | 52.7                 |       | 2,884.3                           |       | 543.1           |       | INR            |       |
| Mumbai, India                          |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Japan Ltd.                        |       | 100.0             |       | 100.0                |       | 10,149.0                          |       | (1,360.0        | )          | JPY            |       |
| Tokyo, Japan                           |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF JCIC Neopentylglycol Company Ltd. |       | 60.0              |       | 50.0                 |       | 199.7                             |       | 34.7            |       | CNY            |       |
| Jilin City, China                      |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF New Zealand Ltd.                  |       | 100.0             |       | 100.0                |       | 17.6                              |       | 2.5             |       | NZD            |       |
| Auckland, New Zealand                  |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Pakistan (Private) Ltd.           |       | 51.0              |       | 51.0                 |       | 332.9                             |       | 93.5            |       | PKR            |       |
| Karachi, Pakistan                      |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF PETRONAS Chemicals Sdn. Bhd.      |       | 60.0              |       | 60.0                 |       | 343.0                             |       | 21.4            |       | USD            |       |
| Petaling Jaya, Malaysia                |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Philippines, Inc.            |       | 100.0             |       | 100.0                |       | 149.0                             |       | (341.9          | )          | PHP            |       |
| Canlubang, Calamba Laguna, Philippines |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Polyurethanes (China) Co. Ltd.    |       | 100.0             |       |                 |       | 73.5                              |       | 17.0            |       | CNY            |       |
| Panyu Guangdong, China                 |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Polyurethanes (Taiwan) Co. Ltd.   |       | 100.0             |       | 100.0                |       | 164.0                             |       | 82.1            |       | TWD            |       |
| Hsinchu, Taiwan R.O.C.                 |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Services (Malaysia) Sdn. Bhd.     |       | 100.0             |       | 100.0                |       | 215.5                             |       | (5.5            | )          | MYR            |       |
| Petaling Jaya, Malaysia                |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Shanghai Coatings Company Ltd.    |       | 60.0              |       |                 |       | 46.8                              |       | (33.2           | )          | CNY            |       |
| Shanghai, China                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Singapore Pte. Ltd.               |       | 100.0             |       | 100.0                |       | 29.9                              |       | 8.3             |       | SGD            |       |
| Singapore                              |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF South East Asia Pte. Ltd.         |       | 100.0             |       | 100.0                |       | 477.6                             |       | 83.3            |       | USD            |       |
| Singapore                              |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Styrenics Holding Company         |       | 100.0             |       | 100.0                |       | 39.4                              |       | (4.1            | )          | USD            |       |
| Port Louis, Mauritius                  |       |              |       |                 |       |                              |       |            |       |           |       |

 

8

----

 
| **Company and headquarters**           | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** | **Stock-  holders’  equity** | ** ** | **Net  income** | ** ** | **Currency**   | ** ** |
|----------------------------------------|------------|-------------------|------------|----------------------|------------|-----------------------------------|------------|-----------------|------------|----------------|------------|
| ** **                             | ** ** | **(%)**           | ** ** | **(%)**              | ** ** | **(millions)**                    | ** ** | **(millions)**  | ** ** | **(ISO code)** | ** ** |
|                                   |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Styrenics Private Ltd.            |       | 100.0             |       |                 |       | 219.7                             |       | (95.0           | )          | INR            |       |
| Mumbai, India                          |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Taiwan Ltd.                       |       | 100.0             |       | 100.0                |       | 341.1                             |       | 204.2           |       | TWD            |       |
| Taipei, Taiwan R.O.C.                  |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Trading (Shanghai) Co. Ltd.       |       | 100.0             |       |                 |       | 81.8                              |       | 8.8             |       | CNY            |       |
| Shanghai, China                        |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Vitamins Company Ltd.             |       | 100.0             |       | 60.0                 |       | 178.7                             |       | 21.5            |       | CNY            |       |
| Shenyang, China                        |       |              |       |                 |       |                              |       |            |       |           |       |
| Merck Electronic Chemicals Ltd.        |       | 100.0             |       |                 |       | 2,079.5                           |       | 310.6           |       | TWD            |       |
| Taipei, Taiwan R.O.C.                  |       |              |       |                 |       |                              |       |            |       |           |       |
| P.T. BASF Indonesia                    |       | 97.0              |       | 97.0                 |       | 280,199.0                         |       | 91,572.0        |       | IDR            |       |
| Jakarta, Indonesia                     |       |              |       |                 |       |                              |       |            |       |           |       |
| Shanghai BASF Polyurethane Company     |       | 70.0              |       |                 |       | 945.6                             |       | (157.8          | )          | CNY            |       |
| Shanghai, China                        |       |              |       |                 |       |                              |       |            |       |           |       |
| Yangzi-BASF Styrenics Co. Ltd.         |       | 60.0              |       | 50.0                 |       | 1,088.1                           |       | (79.1           | )          | CNY            |       |
| Nanjing, China                         |       |              |       |                 |       |                              |       |            |       |           |       |
|                                   |       |              |       |                 |       |                              |       |            |       |           |       |
| **South America, Africa, Middle East** |       |              |       |                 |       |                              |       |            |       |           |       |
|                                   |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Argentina S.A.                    |       | 100.0             |       |                 |       | 322.9                             |       | 78.8            |       | ARS            |       |
| Buenos Aires, Argentina                |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF S.A. Group                        |       | 100.0             |       |                 |       | 1,547.7                           |       | 212.2           |       | BRL            |       |
| Brazil                                 |       |              |       |                 |       |                              |       |            |       |           |       |
| Includes:                              |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF S.A.                              |       | 100.0             |       |                 |       | 1,547.7                           |       | 212.2           |       | BRL            |       |
| São Bernardo do Campo, Brazil     |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Poliuretanos Ltda.                |       | 100.0             |       |                 |       | 57.2                              |       | 8.3             |       | BRL            |       |
| Maua, Brazil                           |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Chile S.A.                        |       | 100.0             |       | 99.9                 |       | 32,350.0                          |       | 6,179.0         |       | CLP            |       |
| Santiago de Chile, Chile               |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF de Costa Rica, S.A.               |       | 100.0             |       | 100.0                |       | 4,492.2                           |       | 1,518.7         |       | CRC            |       |
| San José, Costa Rica              |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF FZE                               |       | 100.0             |       | 100.0                |       | 10.5                              |       | 9.5             |       | AED            |       |
| Dubai, UAE Dubai                       |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Peruana S.A.                      |       | 99.8              |       | 99.8                 |       | 41.0                              |       | 12.2            |       | PEN            |       |
| Lima, Peru                             |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Quimica Colombiana S.A.           |       | 100.0             |       | 100.0                |       | 127,835.0                         |       | 24,135.0        |       | COP            |       |
| Bogotá, Colombia                  |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF South Africa (Pty.) Ltd.          |       | 100.0             |       | 100.0                |       | 173.6                             |       | 12.4            |       | ZAR            |       |
| Halfway House, South Africa            |       |              |       |                 |       |                              |       |            |       |           |       |
| Wintershall Energía S.A.          |       | 100.0             |       |                 |       | 607.1                             |       | 397.4           |       | ARS            |       |
| Buenos Aires, Argentina                |       |              |       |                 |       |                              |       |            |       |           |       |

 

9

----

 
| **Company and headquarters**                                 | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** | **Stock-  holders’  equity** | ** ** | **Net  income** | ** ** | **Currency**   | ** ** |
|--------------------------------------------------------------|------------|-------------------|------------|----------------------|------------|-----------------------------------|------------|-----------------|------------|----------------|------------|
| ** **                                                   | ** ** | **(%)**           | ** ** | **(%)**              | ** ** | **(millions)**                    | ** ** | **(millions)**  | ** ** | **(ISO code)** | ** ** |
|                                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| 2. Proportionally consolidated affiliates                    |       |              |       |                 |       |                              |       |            |       |           |       |
| **Germany**                                                  |       |              |       |                 |       |                              |       |            |       |           |       |
|                                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF GE Schwarzheide GmbH & Co. KG                  |       | 50.0              |       | 50.0                 |       | 8.4                               |       | 3.1             |       | EUR            |       |
| Schwarzheide                                                 |       |              |       |                 |       |                              |       |            |       |           |       |
| Wintershall Erdgas Handelshaus GmbH & Co. KG (WIEH) |       | 50.0              |       |                 |       | 0.0                               |       |            | *          | EUR            |       |
| Berlin                                                       |       |              |       |                 |       |                              |       |            |       |           |       |
|                                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| **Europe (excluding Germany)**                               |       |              |       |                 |       |                              |       |            |       |           |       |
|                                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| ELLBA C.V.                                                   |       | 50.0              |       |                 |       | 165.2                             |       | 59.5            |       | EUR            |       |
| Rotterdam, The Netherlands                                   |       |              |       |                 |       |                              |       |            |       |           |       |
| OOO Achimgaz                                                 |       | 50.0              |       |                 |       | (67.6                             | )          | (82.6           | )          | RUB            |       |
| Novi Urengoi, Russia                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| Produits et Engrais Chimiques du Rhin S.A. (PEC Rhin)        |       | 50.0              |       | 50.0                 |       | 42.9                              |       | 7.0             |       | EUR            |       |
| Ottmarsheim, France                                          |       |              |       |                 |       |                              |       |            |       |           |       |
| WINGAS Storage Enterprise Ltd.                               |       | 32.5              |       |                 |       | 16.1                              |       | 1.0             |       | GBP            |       |
| Lincolnshire, United Kingdom                                 |       |              |       |                 |       |                              |       |            |       |           |       |
| WINGAS Storage UK Ltd.                                       |       | 32.5              |       |                 |       | 14.3                              |       | 1.8             |       | GBP            |       |
| Lincolnshire, United Kingdom                                 |       |              |       |                 |       |                              |       |            |       |           |       |
| Wintershall Erdgas Handelshaus Zug AG                        |       | 50.0              |       |                 |       | 30.5                              |       | 66.9            |       | USD            |       |
| Zug, Switzerland                                             |       |              |       |                 |       |                              |       |            |       |           |       |
|                                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| **North America (NAFTA)**                                    |       |              |       |                 |       |                              |       |            |       |           |       |
|                                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| Polioles, S.A. de C.V.                                       |       | 50.0              |       |                 |       | 1,057.2                           |       | 203.7           |       | MXN            |       |
| Mexico City, Mexico                                          |       |              |       |                 |       |                              |       |            |       |           |       |
|                                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| **Asia Pacific**                                             |       |              |       |                 |       |                              |       |            |       |           |       |
|                                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Inoac Polyurethanes, Ltd. (BIP)                         |       | 50.0              |       |                 |       | 4,368.0                           |       | 512.0           |       | JPY            |       |
| Shinshiro-Shi, Aichi, Japan                                  |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF-YPC Company Ltd.                                        |       | 50.0              |       | 10.0                 |       | 7,965.2                           |       | (144.4          | )          | CNY            |       |
| Nanjing, China                                               |       |              |       |                 |       |                              |       |            |       |           |       |
| ELLBA Eastern Private Ltd.                                   |       | 50.0              |       |                 |       | (18.6                             | )          | (25.8           | )          | USD            |       |
| Singapore                                                    |       |              |       |                 |       |                              |       |            |       |           |       |
| Shanghai Gao Qiao-BASF Dispersions Co. Limited               |       | 50.0              |       | 40.0                 |       | 366.6                             |       | 80.8            |       | CNY            |       |
| Shanghai, China                                              |       |              |       |                 |       |                              |       |            |       |           |       |
| Toray BASF PBT Resin Sdn. Bhd.                               |       | 50.0              |       | 50.0                 |       | 46.9                              |       | (4.6            | )          | MYR            |       |
| Kuala Lumpur, Malaysia                                       |       |              |       |                 |       |                              |       |            |       |           |       |
|                                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| 3. Equity consolidated subsidiaries                          |       |              |       |                 |       |                              |       |            |       |           |       |
| **Germany**                                                  |       |              |       |                 |       |                              |       |            |       |           |       |
|                                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Future Business GmbH                                    |       | 100.0             |       | 100.0                |       | 25.7                              |       | (33.0           | )          | EUR            |       |
| Ludwigshafen (Rhine)                                         |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Venture Capital GmbH                                    |       | 100.0             |       |                 |       | 22.8                              |       | (4.8            | )          | EUR            |       |
| Ludwigshafen (Rhine)                                         |       |              |       |                 |       |                              |       |            |       |           |       |

 

----

* Profit/loss transfer agreement

 

10

----

 
| **Company and headquarters**                       | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** | **Stock-  holders’  equity** | ** ** | **Net  income** | ** ** | **Currency**   | ** ** |
|----------------------------------------------------|------------|-------------------|------------|----------------------|------------|-----------------------------------|------------|-----------------|------------|----------------|------------|
| ** **                                         | ** ** | **(%)**           | ** ** | **(%)**              | ** ** | **(millions)**                    | ** ** | **(millions)**  | ** ** | **(ISO code)** | ** ** |
|                                               |       |              |       |                 |       |                              |       |            |       |           |       |
| Lucura Rückversicherungs AG                   |       | 100.0             |       |                 |       | 32.7                              |       | (4.3            | )          | EUR            |       |
| Ludwigshafen (Rhine)                               |       |              |       |                 |       |                              |       |            |       |           |       |
| Wintershall Wolga Petroleum GmbH**                 |       | 100.0             |       |                 |       | 0.2                               |       |            | *          | EUR            |       |
| Kassel                                             |       |              |       |                 |       |                              |       |            |       |           |       |
|                                               |       |              |       |                 |       |                              |       |            |       |           |       |
| **Europe (excluding Germany)**                     |       |              |       |                 |       |                              |       |            |       |           |       |
|                                               |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Coatings Services AG                          |       | 100.0             |       |                 |       | 3.3                               |       | 1.2             |       | CHF            |       |
| Wädenswil/Au, Switzerland                     |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Ireland Limited                               |       | 100.0             |       | 100.0                |       | 2.9                               |       | 0.1             |       | EUR            |       |
| Dublin, Ireland                                    |       |              |       |                 |       |                              |       |            |       |           |       |
|                                               |       |              |       |                 |       |                              |       |            |       |           |       |
| **South America, Africa, Middle East**             |       |              |       |                 |       |                              |       |            |       |           |       |
|                                               |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Ecuatoriana S.A.                              |       | 100.0             |       | 99.9                 |       | 3.4                               |       | 0.7             |       | USD            |       |
| Quito, Ecuador                                     |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Poliuretanos S.A.                             |       | 100.0             |       | 3.2                  |       | 11.1                              |       | 9.2             |       | ARS            |       |
| Buenos Aires, Argentina                            |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Venezolana, S.A.                              |       | 100.0             |       | 100.0                |       | 7,978.0                           |       | (7,762.2        | )          | VEB            |       |
| Maracay, Venezuela                                 |       |              |       |                 |       |                              |       |            |       |           |       |
|                                               |       |              |       |                 |       |                              |       |            |       |           |       |
| **Asia Pacific**                                   |       |              |       |                 |       |                              |       |            |       |           |       |
|                                               |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Asia-Pacific Service Centre Sdn. Bhd.         |       | 100.0             |       | 99.7                 |       | (6.9                              | )          | (54.9           | )          | MYR            |       |
| Petaling Jaya, Malaysia                            |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Polyurethanes (Malaysia) Sdn. Bhd.            |       | 100.0             |       |                 |       | 16.7                              |       | 3.8             |       | MYR            |       |
| Petaling Jaya, Malaysia                            |       |              |       |                 |       |                              |       |            |       |           |       |
|                                               |       |              |       |                 |       |                              |       |            |       |           |       |
| 4. Equity consolidated affiliates                  |       |              |       |                 |       |                              |       |            |       |           |       |
| **Germany**                                        |       |              |       |                 |       |                              |       |            |       |           |       |
|                                               |       |              |       |                 |       |                              |       |            |       |           |       |
| Solvin GmbH & Co. KG**                    |       | 25.0              |       | 25.0                 |       | 279.7                             |       | 67.0            |       | EUR            |       |
| Hanover                                            |       |              |       |                 |       |                              |       |            |       |           |       |
|                                               |       |              |       |                 |       |                              |       |            |       |           |       |
| **Europe (excluding Germany)**                     |       |              |       |                 |       |                              |       |            |       |           |       |
|                                               |       |              |       |                 |       |                              |       |            |       |           |       |
| BASF Huntsman Shanghai Isocyanate  Investment B.V. |       | 50.0              |       |                 |       | 44.6                              |       | (0.1            | )          | EUR            |       |
| Arnhem, The Netherlands                            |       |              |       |                 |       |                              |       |            |       |           |       |
| Indurisk Rückversicherungs-AG                 |       | 50.0              |       |                 |       | 47.7                              |       | 6.0             |       | EUR            |       |
| Luxembourg, Luxembourg                             |       |              |       |                 |       |                              |       |            |       |           |       |
| Svalöf Weibull AB**                           |       | 40.0              |       |                 |       | 594.1                             |       | 0.2             |       | SEK            |       |
| Svalöv, Sweden                                |       |              |       |                 |       |                              |       |            |       |           |       |
|                                               |       |              |       |                 |       |                              |       |            |       |           |       |
| **Asia Pacific**                                   |       |              |       |                 |       |                              |       |            |       |           |       |
|                                               |       |              |       |                 |       |                              |       |            |       |           |       |
| Shanghai Lianheng Isocyanate Company Ltd.          |       | 35.0              |       |                 |       | 606.5                             |       | (58.0           | )          | CNY            |       |
| Shanghai, China                                    |       |              |       |                 |       |                              |       |            |       |           |       |

 

----

*    Profit/losstransfer agreement

**  Includes earnings ofconsolidated subsidiaries/Group

 

11

----

 

II. Other subsidiaries,affiliates and other participating interests

 

1.        Non-consolidated minor subsidiaries

 
| **Company and headquarters**                                                        | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** |
|-------------------------------------------------------------------------------------|------------|-------------------|------------|----------------------|------------|
| ** **                                                                          | ** ** | **(%)**           | ** ** | **(%)**              | ** ** |
|                                                                                |       |              |       |                 |       |
| **Germany**                                                                         |       |              |       |                 |       |
|                                                                                |       |              |       |                 |       |
| Ausbildungsplatzinitiative  Pfalz GmbH                                              |       | 97.0              |       | 97.0                 |       |
| Ludwigshafen  (Rhine)                                                               |       |              |       |                 |       |
| Axaron  Bioscience AG                                                               |       | 85.1              |       | 85.1                 |       |
| Heidelberg                                                                          |       |              |       |                 |       |
| BASF  Akquisitions - und Objektverwertungsgesellschaft mbH                          |       | 100.0             |       | 100.0                |       |
| Ludwigshafen  (Rhine)                                                               |       |              |       |                 |       |
| BASF  Chemikalien GmbH                                                              |       | 100.0             |       | 100.0                |       |
| Ludwigshafen  (Rhine)                                                               |       |              |       |                 |       |
| BASF  ChemTrade Gesellschaft mbH                                                    |       | 100.0             |       | 100.0                |       |
| Burgbernheim                                                                        |       |              |       |                 |       |
| BASF  Coatings Services GmbH                                                        |       | 100.0             |       |                 |       |
| Dortmund                                                                            |       |              |       |                 |       |
| BASF  Immobilien-Gesellschaft mbH                                                   |       | 100.0             |       | 100.0                |       |
| Ludwigshafen  (Rhine)                                                               |       |              |       |                 |       |
| BASF  Innovationsfonds GmbH                                                         |       | 100.0             |       | 100.0                |       |
| Ludwigshafen  (Rhine)                                                               |       |              |       |                 |       |
| BASF  Jobmarkt GmbH                                                                 |       | 100.0             |       | 100.0                |       |
| Ludwigshafen  (Rhine)                                                               |       |              |       |                 |       |
| BASF Lizenz  GmbH                                                                   |       | 100.0             |       |                 |       |
| Ludwigshafen  (Rhine)                                                               |       |              |       |                 |       |
| BASF  Mobilienleasing GmbH                                                          |       | 100.0             |       |                 |       |
| Ludwigshafen  (Rhine)                                                               |       |              |       |                 |       |
| BASF  Polyurethane Licensing GmbH                                                   |       | 100.0             |       |                 |       |
| Lemförde                                                                       |       |              |       |                 |       |
| BASF  Spezialdünger - Pensionsverwaltung GmbH                                  |       | 100.0             |       |                 |       |
| Münster                                                                        |       |              |       |                 |       |
| BASF  Services Europe GmbH                                                          |       | 100.0             |       |                 |       |
| Berlin                                                                              |       |              |       |                 |       |
| Dr. Heinrich  von Brunck Gedächtnisstiftung für Werksangehörige |       | 95.0              |       | 95.0                 |       |
| der BASF  GmbH, Ludwigshafen (Rhine)                                                |       |              |       |                 |       |
| Elfte BASF  Erwerbsgesellschaft mbH                                                 |       | 100.0             |       | 100.0                |       |
| Ludwigshafen  (Rhine)                                                               |       |              |       |                 |       |
| Elfte BASF  Finanzbeteiligungsgesellschaft mbH                                      |       | 100.0             |       | 100.0                |       |
| Ludwigshafen  (Rhine)                                                               |       |              |       |                 |       |
| Elfte BASF  Projektentwicklungsgesellschaft mbH                                     |       | 100.0             |       | 100.0                |       |
| Ludwigshafen  (Rhine)                                                               |       |              |       |                 |       |
| Gesellschaft  zur Förderung der Lackkunst mbH                                  |       | 100.0             |       |                 |       |
| Münster                                                                        |       |              |       |                 |       |
| Guano-Werke  Vermögensverwaltung AG i.L.                                       |       | 99.84             |       |                 |       |
| Ludwigshafen  (Rhine)                                                               |       |              |       |                 |       |

 

12

----

 
| **Company and headquarters**                                           | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** |
|------------------------------------------------------------------------|------------|-------------------|------------|----------------------|------------|
| ** **                                                             | ** ** | **(%)**           | ** ** | **(%)**              | ** ** |
|                                                                   |       |              |       |                 |       |
| Gewerkschaft  des konsolidierten Steinkohlenbergwerks Breitenbach GmbH |       | 100.0             |       | 100.0                |       |
| Ludwigshafen  (Rhine)                                                  |       |              |       |                 |       |
| Gewerkschaft  Röchling GmbH                                       |       | 100.0             |       |                 |       |
| Kassel                                                                 |       |              |       |                 |       |
| Glasurit  GmbH                                                         |       | 100.0             |       |                 |       |
| Münster-Hiltrup                                                   |       |              |       |                 |       |
| Guano-Werke  Pensionsverwaltung GmbH                                   |       | 100.0             |       |                 |       |
| Ludwigshafen  (Rhine)                                                  |       |              |       |                 |       |
| LUCARA  Immobilienverwaltungs GmbH                                     |       | 100.0             |       | 100.0                |       |
| Ludwigshafen  (Rhine)                                                  |       |              |       |                 |       |
| ME  Projektabwicklung GmbH                                             |       | 100.0             |       |                 |       |
| Ludwigshafen  (Rhine)                                                  |       |              |       |                 |       |
| Metanomics  Health GmbH                                                |       | 65.1              |       |                 |       |
| Berlin                                                                 |       |              |       |                 |       |
| Projektentwicklungs-GmbH  Friesenheimer Insel                          |       | 100.0             |       | 100.0                |       |
| Ludwigshafen  (Rhine)                                                  |       |              |       |                 |       |
| SEWOGE  Service - und Wohnungsunternehmen GmbH                         |       | 100.0             |       | 100.0                |       |
| Schwarzheide                                                           |       |              |       |                 |       |
| SGS-Schwarzheider  Gastronomie und Service GmbH                        |       | 100.0             |       |                 |       |
| Schwarzheide                                                           |       |              |       |                 |       |
| Ultraform  Verwaltungsgesellschaft mbH                                 |       | 100.0             |       | 100.0                |       |
| Ludwigshafen  (Rhine)                                                  |       |              |       |                 |       |
| Vitamultina  Pharmazeutische und Nahrungsergänzungsprodukte GmbH  |       | 100.0             |       | 100.0                |       |
| Ludwigshafen  (Rhine)                                                  |       |              |       |                 |       |
| Wintershall  Bank GmbH                                                 |       | 100.0             |       |                 |       |
| Kassel                                                                 |       |              |       |                 |       |
| WIEH  Verwaltungs-GmbH                                                 |       | 100.0             |       |                 |       |
| Ludwigshafen  (Rhine)                                                  |       |              |       |                 |       |
| Wingas GBR                                                             |       | 100.0             |       |                 |       |
| Kassel                                                                 |       |              |       |                 |       |
| Wingas  Transport GmbH & Co. KG                               |       | 65.0              |       |                 |       |
| Kassel                                                                 |       |              |       |                 |       |
| Wingas  Verwaltungs-GmbH                                               |       | 100.0             |       |                 |       |
| Ludwigshafen  (Rhine)                                                  |       |              |       |                 |       |
| Wintershall  Lenkoran GmbH                                             |       | 100.0             |       |                 |       |
| Kassel                                                                 |       |              |       |                 |       |
| Wintershall  Libyen Oil & Gas GmbH                            |       | 100.0             |       |                 |       |
| Kassel                                                                 |       |              |       |                 |       |
| Wintershall  Nordkaspische Exploration und Produktion GmbH             |       | 100.0             |       |                 |       |
| Kassel                                                                 |       |              |       |                 |       |
| Wintershall  Urengoi GmbH                                              |       | 100.0             |       |                 |       |
| Kassel                                                                 |       |              |       |                 |       |
| Wintershall  Vermögensverwaltungsgesellschaft mbH                 |       | 100.0             |       |                 |       |
| Kassel                                                                 |       |              |       |                 |       |

 

13

----

 
| **Company and headquarters**                | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** |
|---------------------------------------------|------------|-------------------|------------|----------------------|------------|
| ** **                                  | ** ** | **(%)**           | ** ** | **(%)**              | ** ** |
|                                        |       |              |       |                 |       |
| Wintershall  Turkmenistan GmbH              |       | 100.0             |       |                 |       |
| Kassel                                      |       |              |       |                 |       |
| Zweite BASF  Immobilien-Gesellschaft mbH    |       | 100.0             |       | 95.0                 |       |
| Ludwigshafen  (Rhine)                       |       |              |       |                 |       |
| WINGAS  Transport Beteiligungs-GmbH         |       | 65.0              |       |                 |       |
| Kassel                                      |       |              |       |                 |       |
|                                        |       |              |       |                 |       |
| **Europe (excluding Germany)**              | ** ** | ** **        | ** ** | ** **           | ** ** |
|                                        |       |              |       |                 |       |
| Awiag Ltd.                                  |       | 100.0             |       |                 |       |
| Valetta,  Malta                             |       |              |       |                 |       |
| BASF  Automotive Coatings Services S.A.R.L. |       | 100.0             |       |                 |       |
| Clermont de  l’Oise, France            |       |              |       |                 |       |
| BASF  Biocides Ltd.                         |       | 100.0             |       | 100.0                |       |
| Ruddington,  United Kingdom                 |       |              |       |                 |       |
| BASF  Coatings Services S.R.O.              |       | 100.0             |       |                 |       |
| Bratislava,  Slovakia                       |       |              |       |                 |       |
| BASF  Coatings Services Sp. z.o.o.          |       | 100.0             |       |                 |       |
| Swarzedz,  Poland                           |       |              |       |                 |       |
| BASF  Coatings Storitve d.o.o.              |       | 100.0             |       |                 |       |
| Ljubljana,  Slovenia                        |       |              |       |                 |       |
| BASF  Coatings Services B.V.                |       | 100.0             |       |                 |       |
| Maarssenbroek,  The Netherlands             |       |              |       |                 |       |
| BASF  Coatings Services GmbH                |       | 100.0             |       |                 |       |
| Eugendorf,  Austria                         |       |              |       |                 |       |
| BASF  Coatings Refinish Ltd.                |       | 100.0             |       |                 |       |
| Didcot,  United Kingdom                     |       |              |       |                 |       |
| BASF  Coatings Services AB                  |       | 100.0             |       |                 |       |
| Hisings  Kaerra, Sweden                     |       |              |       |                 |       |
| BASF  Coatings Services S.A.                |       | 100.0             |       |                 |       |
| Brussels,  Belgium                          |       |              |       |                 |       |
| BASF  Coatings Services S.A.                |       | 99.7              |       |                 |       |
| Guadalajara,  Spain                         |       |              |       |                 |       |
| BASF  Coatings Services S.A. R.L.           |       | 100.0             |       |                 |       |
| Mitry Mory,  France                         |       |              |       |                 |       |
| BASF  Colorants Trading S.A.                |       | 100.0             |       | 100.0                |       |
| Wädenswil/Au,  Switzerland             |       |              |       |                 |       |
| BASF Croatia  d.o.o.                        |       | 100.0             |       | 100.0                |       |
| Zagreb,  Croatia                            |       |              |       |                 |       |
| BASF Curtex  Productos Químicos Lda    |       | 100.0             |       |                 |       |
| Porto,  Portugal                            |       |              |       |                 |       |
| BASF EOOD                                   |       | 100.0             |       | 100.0                |       |
| Sofia,  Bulgaria                            |       |              |       |                 |       |
| BASF Finance  Europe N.V.                   |       | 100.0             |       | 100.0                |       |
| Arnhem, The  Netherlands                    |       |              |       |                 |       |

 

14

----

 
| **Company and headquarters**                        | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** |
|-----------------------------------------------------|------------|-------------------|------------|----------------------|------------|
| ** **                                          | ** ** | **(%)**           | ** ** | **(%)**              | ** ** |
|                                                |       |              |       |                 |       |
| BASF IT  Services Holding Ltd.                      |       | 100.0             |       |                 |       |
| Cheadle,  United Kingdom                            |       |              |       |                 |       |
| BASF IT  Services Ltd.                              |       | 100.0             |       |                 |       |
| Wilmslow,  United Kingdom                           |       |              |       |                 |       |
| BASF IT  Services Nederland B.V.                    |       | 100.0             |       |                 |       |
| Arnhem, The  Netherlands                            |       |              |       |                 |       |
| BASF IT  Services N.V.                              |       | 100.0             |       |                 |       |
| Antwerp,  Belgium                                   |       |              |       |                 |       |
| 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                |       |
| Belgradee,  Serbien-Montenegro                      |       |              |       |                 |       |
| BASF  Masterbatch N.V.                              |       | 100.0             |       |                 |       |
| Kuurne,  Belgium                                    |       |              |       |                 |       |
| BASF  Portuguesa Lda.                               |       | 100.0             |       | 70.5                 |       |
| Prior Velho,  Portugal                              |       |              |       |                 |       |
| 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  Centre Espanola S.L.                  |       | 100.0             |       |                 |       |
| Barcelona,  Spain                                   |       |              |       |                 |       |
| BASF UAB                                            |       | 100.0             |       | 100.0                |       |
| Vilnius,  Lithuania                                 |       |              |       |                 |       |
| BASF Wostok  OOO                                    |       | 100.0             |       |                 |       |
| Moscow,  Russia                                     |       |              |       |                 |       |
| Boots  Galenika d.o.o.                              |       | 51.0              |       | 51.0                 |       |
| Belgrade,  Serbia-Montenegro                        |       |              |       |                 |       |
| BTC  Speciality Chemical Distibution s.r.o.         |       | 100.0             |       | 100.0                |       |
| Bratislava,  Slovakia                               |       |              |       |                 |       |
| BTC  Speciality Chemical Distribution SpA           |       | 100.0             |       |                 |       |
| Cesano Maderno,  Italy                              |       |              |       |                 |       |
| BTC  Speciality Chemical Distribution B.V.          |       | 100.0             |       |                 |       |
| Arnhem, The  Netherlands                            |       |              |       |                 |       |

 

15

----

 
| **Company and headquarters**                      | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** |
|---------------------------------------------------|------------|-------------------|------------|----------------------|------------|
| ** **                                        | ** ** | **(%)**           | ** ** | **(%)**              | ** ** |
| ** **                                        | ** ** | ** **        | ** ** | ** **           | ** ** |
| BTC  Speciality Chemical Distribution Ltd.        |       | 100.0             |       |                 |       |
| Cheshire,  United Kingdom                         |       |              |       |                 |       |
| BTC  Speciality Chemical Distribution S.A.S.      |       | 100.0             |       |                 |       |
| Levallois-Perret,  France                         |       |              |       |                 |       |
| BTC  Speciality Chemical Distribution S.A./N.V.   |       | 99.9              |       |                 |       |
| Brussels,  Belgium                                |       |              |       |                 |       |
| BTC Speciality  Chemical Distribution A/S         |       | 100.0             |       |                 |       |
| Copenhagen,  Denmark                              |       |              |       |                 |       |
| BTC  Speciality Chemical Distribution, Unip. Lda. |       | 100.0             |       |                 |       |
| Porto,  Portugal                                  |       |              |       |                 |       |
| COMPAREX  Information Systems Ltd.                |       | 100.0             |       |                 |       |
| Cheadle,  United Kingdom                          |       |              |       |                 |       |
| Cyanamid  Agro S.A./N.V.                          |       | 100.0             |       |                 |       |
| Gembloux,  Belgium                                |       |              |       |                 |       |
| Elastogran  Kemipur Poliuretan Rendszerek Kft.    |       | 100.0             |       |                 |       |
| Solymar,  Hungary                                 |       |              |       |                 |       |
| Elastogran  Lagomat Nordic AB                     |       | 100.0             |       |                 |       |
| Angered,  Sweden                                  |       |              |       |                 |       |
| Haus am Kai  1, OOO                               |       | 100.0             |       | 19.6                 |       |
| Moscow,  Russia                                   |       |              |       |                 |       |
| Himmoba AG                                        |       | 100.0             |       |                 |       |
| Wädenswil/Au,  Switzerland                   |       |              |       |                 |       |
| Lipogene AB                                       |       | 91.0              |       |                 |       |
| Svalöv,  Sweden                              |       |              |       |                 |       |
| OOO Megatron  NVK                                 |       | 70.0              |       |                 |       |
| Machachkala,  Russia                              |       |              |       |                 |       |
| Plant  Science Sweden AB                          |       | 91.0              |       |                 |       |
| Svalöv,  Sweden                              |       |              |       |                 |       |
| WINGAS  Belgium S.P.R.L./B.V.B.A.                 |       | 65.4              |       |                 |       |
| Brussels,  Belgium                                |       |              |       |                 |       |
| Wintershall  Gas spol. s r.o.                     |       | 100.0             |       |                 |       |
| Prague,  Czech Republic                           |       |              |       |                 |       |
| Wintershall  Norge AS                             |       | 100.0             |       |                 |       |
| Oslo, Norway                                      |       |              |       |                 |       |
| Wintershall  Services B.V.                        |       | 100.0             |       |                 |       |
| The Hague,  The Netherlands                       |       |              |       |                 |       |
|                                              |       |              |       |                 |       |
| **North America (NAFTA)**                         |       |              |       |                 |       |
|                                              |       |              |       |                 |       |
| Automotive  Refinish Technologies, LLC            |       | 100.0             |       |                 |       |
| Southfield,  Michigan                             |       |              |       |                 |       |
| Automotive  Refinish Technology, Inc. (ART)  |       | 100.0             |       |                 |       |
| Toronto,  Ontario, Canada                         |       |              |       |                 |       |
| BASF Holding  Corporation                         |       | 100.0             |       | 100.0                |       |
| Wilmington,  Delaware                             |       |              |       |                 |       |
| BASF Venture  Capital America Inc.                |       | 100.0             |       |                 |       |
| Santa  Barbara, California                        |       |              |       |                 |       |

 

16

----

 
| **Company and headquarters**                           | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** |
|--------------------------------------------------------|------------|-------------------|------------|----------------------|------------|
| ** **                                             | ** ** | **(%)**           | ** ** | **(%)**              | ** ** |
|                                                   |       |              |       |                 |       |
| BASF Venture  Capital Canada Inc.                      |       | 100.0             |       |                 |       |
| Toronto,  Ontario, Canada                              |       |              |       |                 |       |
| BF Textile  Colours Holding Inc.                       |       | 100.0             |       | 100.0                |       |
| Wilmington,  North Carolina                            |       |              |       |                 |       |
| DNA  Landmarks Inc.                                    |       | 81.9              |       |                 |       |
| St.-Jean-sur-Richelieu,  Quebec, Canada                |       |              |       |                 |       |
| Industrias  Polioles S.A. de C.V.                      |       | 50.0              |       |                 |       |
| Mexico City,  Mexico                                   |       |              |       |                 |       |
| Iron  Acquisition Corporation                          |       | 100.0             |       |                 |       |
| Wilmington,  Delaware                                  |       |              |       |                 |       |
| Transpharm  Inc.                                       |       | 100.0             |       |                 |       |
| Florham  Park, New Jersey                              |       |              |       |                 |       |
|                                                   |       |              |       |                 |       |
| **Asia Pacific**                                       |       |              |       |                 |       |
|                                                   |       |              |       |                 |       |
| BASF  Bangladesh Ltd.                                  |       | 76.4              |       | 76.4                 |       |
| Dacca,  Bangladesh                                     |       |              |       |                 |       |
| BASF  Chemdyes Sdn. Bhd.                               |       | 51.0              |       | 51.0                 |       |
| Perai,  Malaysia                                       |       |              |       |                 |       |
| BASF  Chemicals and Polymers (Pvt.) Limited            |       | 100.0             |       | 100.0                |       |
| Karachi,  Pakistan                                     |       |              |       |                 |       |
| BASF  Coatings International Trade (Shanghai) Co. Ltd. |       | 100.0             |       |                 |       |
| Shanghai,  China                                       |       |              |       |                 |       |
| BASF Coatings  (Pty.) Ltd.                             |       | 100.0             |       |                 |       |
| Wetherill  Park, New South Wales, Australien           |       |              |       |                 |       |
| BASF  Coatings + Inks Philippines Inc.                 |       | 100.0             |       |                 |       |
| Makati,  Metro Manila, Philippines                     |       |              |       |                 |       |
| BASF  Coatings Inc.                                    |       | 100.0             |       |                 |       |
| Canlubang,  Calamba Laguna, Philippines                |       |              |       |                 |       |
| BASF  Coatings (Pvt.) Ltd.                             |       | 100.0             |       | 44.6                 |       |
| Mumbai,  India                                         |       |              |       |                 |       |
| BASF East  Asia Regional Headquarters Limited          |       | 100.0             |       | 100.0                |       |
| Hong Kong,  China                                      |       |              |       |                 |       |
| BASF  Electronic Materials (Shanghai) Trading Co. Ltd. |       | 100.0             |       |                 |       |
| Shanghai,  China                                       |       |              |       |                 |       |
| BASF Electronic  Materials (Shanghai) Co. Ltd.         |       | 100.0             |       |                 |       |
| Shanghai,  China                                       |       |              |       |                 |       |
| BASF Fine  Chemicals (China) Company Ltd.              |       | 100.0             |       | 60.0                 |       |
| Shenyang,  China                                       |       |              |       |                 |       |
| BASF  Polyurethane Specialties (China) Company Ltd.    |       | 100.0             |       | 10.0                 |       |
| Shanghai,  China                                       |       |              |       |                 |       |
| BASF Polyurethanes  India Ltd.                         |       | 52.7              |       |                 |       |
| Mumbai,  India                                         |       |              |       |                 |       |
| BASF  Polyurethanes (Thailand) Ltd.                    |       | 100.0             |       | 100.0                |       |
| Bangkok,  Thailand                                     |       |              |       |                 |       |

 

17

----

 
| **Company and headquarters**                     | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** |
|--------------------------------------------------|------------|-------------------|------------|----------------------|------------|
| ** **                                       | ** ** | **(%)**           | ** ** | **(%)**              | ** ** |
| ** **                                       | ** ** | ** **        | ** ** | ** **           | ** ** |
| BASF See Sen  Sdn. Bhd.                          |       | 70.0              |       | 70.0                 |       |
| Petaling  Jaya, Malaysia                         |       |              |       |                 |       |
| BASF Tai  Ching Crop Protection Chemicals Corp.  |       | 100.0             |       | 55.0                 |       |
| Taipei,  Taiwan R.O.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-Finlay  (Private) Limited                   |       | 66.7              |       | 66.7                 |       |
| Colombo, Sri  Lanka                              |       |              |       |                 |       |
| BNC Color  Techno Co. Ltd.                       |       | 100.0             |       |                 |       |
| Fukuoka,  Japan                                  |       |              |       |                 |       |
| Cyanamid  Agricultural Products Sdh. Bhd.        |       | 100.0             |       | 100.0                |       |
| Petaling  Jaya, Malaysia                         |       |              |       |                 |       |
|                                             |       |              |       |                 |       |
| **South America, Africa, Middle  East**          |       |              |       |                 |       |
|                                             |       |              |       |                 |       |
| Aislapol  S.A.                                   |       | 100.0             |       | 99.9                 |       |
| Santiago de  Chile, Chile                        |       |              |       |                 |       |
| ART  Automotive Refinish Technologies (PTY) Ltd. |       | 100.0             |       |                 |       |
| Milnerton,  South Africa                         |       |              |       |                 |       |
| Basanil S.A.                                     |       | 100.0             |       | 100.0                |       |
| Buenos  Aires, Argentina                         |       |              |       |                 |       |
| BASF Animal  Nutrition (Pty.) Ltd.               |       | 100.0             |       |                 |       |
| Beaconvale,  South Africa                        |       |              |       |                 |       |
| BASF Bolivia  S.R.L.                             |       | 100.0             |       | 100.0                |       |
| Santa Cruz,  Bolivia                             |       |              |       |                 |       |
| BASF  Coatings PMB (Pty.) Ltd.                   |       | 100.0             |       |                 |       |
| Vanderbijlpark,  South Africa                    |       |              |       |                 |       |
| BASF  Coatings (Pty.) Ltd.                       |       | 100.0             |       |                 |       |
| Vanderbijlpark,  South Africa                    |       |              |       |                 |       |
| BASF de El  Salvador, S.A. de C.V.               |       | 100.0             |       | 100.0                |       |
| San  Salvador, El Salvador                       |       |              |       |                 |       |
| BASF East  Africa Ltd.                           |       | 100.0             |       | 100.0                |       |
| Nairobi,  Kenya                                  |       |              |       |                 |       |
| BASF  (Ethiopia) Ltd. P. L. C.                   |       | 100.0             |       | 100.0                |       |
| Addis Ababa,  Ethiopia                           |       |              |       |                 |       |
| BASF de  Guatemala S.A.                          |       | 100.0             |       | 99.0                 |       |
| Guatemala  City, Guatemala                       |       |              |       |                 |       |
| BASF Iran AG                                     |       | 100.0             |       | 100.0                |       |
| Tehran, Iran                                     |       |              |       |                 |       |
| BASF de  Nicaragua S.A.                          |       | 99.9              |       |                 |       |
| Managua, Nicaragua                               |       |              |       |                 |       |
| BASF  Dominicana S.A.                            |       | 100.0             |       | 100.0                |       |
| Santo  Domingo, Dominican Republic               |       |              |       |                 |       |

 

18

----

 
| **Company and headquarters**                   | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** |
|------------------------------------------------|------------|-------------------|------------|----------------------|------------|
| ** **                                     | ** ** | **(%)**           | ** ** | **(%)**              | ** ** |
| ** **                                     | ** ** | ** **        | ** ** | ** **           | ** ** |
| BASF  Industrial y Participaciones Limitada    |       | 96.2              |       |                 |       |
| Santiago de  Chile, Chile                      |       |              |       |                 |       |
| BASF Ltd.                                      |       | 100.0             |       | 99.0                 |       |
| Cairo, Egypt                                   |       |              |       |                 |       |
| BASF Maroc  S.A.                               |       | 100.0             |       | 100.0                |       |
| Casablanca,  Morocco                           |       |              |       |                 |       |
| BASF Panama  S.A.                              |       | 100.0             |       | 100.0                |       |
| Panama City,  Panama                           |       |              |       |                 |       |
| BASF S.p.A.                                    |       | 100.0             |       | 100.0                |       |
| Hydra,  Algeria                                |       |              |       |                 |       |
| BASF  Paraguaya S.A.                           |       | 100.0             |       | 100.0                |       |
| Asunción,  Paraguay                       |       |              |       |                 |       |
| BASF  Uruguaya S.A.                            |       | 100.0             |       | 100.0                |       |
| Montevideo,  Uruguay                           |       |              |       |                 |       |
| Cyanamid  Limited                              |       | 100.0             |       |                 |       |
| Lilongwe,  Malawi                              |       |              |       |                 |       |
| Cyanamid  Zimbabwe (Pvt) Ltd.                  |       | 100.0             |       |                 |       |
| Workington,  Zimbabwe                          |       |              |       |                 |       |
| Elastogran  Pars (Private Joint Stock) Company |       | 100.0             |       |                 |       |
| Tehran, Iran                                   |       |              |       |                 |       |
| Tintas  Graficas S.A.                          |       | 92.5              |       |                 |       |
| San Luis,  Argentina                           |       |              |       |                 |       |
| Wintershall  BM-C-10 Ltda.                     |       | 100.0             |       |                 |       |
| Rio de  Janeiro, Brazil                        |       |              |       |                 |       |
| 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  do Brasil Serviços Ltda.     |       | 100.0             |       |                 |       |
| Rio de Janeiro,  Brazil                        |       |              |       |                 |       |
|                                           |       |              |       |                 |       |
| 2. Non-consolidated minor  affiliates          |       |              |       |                 |       |
| **Germany**                                    |       |              |       |                 |       |
|                                           |       |              |       |                 |       |
| Aurentum  Innovationstechnologien GmbH         |       | 48.2              |       |                 |       |
| Mainz                                          |       |              |       |                 |       |
| BASF GE  Schwarzheide Beteiligungs GmbH        |       | 50.0              |       | 50.0                 |       |
| Schwarzheide                                   |       |              |       |                 |       |
| Cavis  Microcaps GmbH                          |       | 22.0              |       |                 |       |
| Mainz                                          |       |              |       |                 |       |
| CWD  Chemie-Wirtschaftsdatenbanken GmbH        |       | 50.0              |       | 50.0                 |       |
| Frankfurt  (Main)                              |       |              |       |                 |       |

 

19

----

 
| **Company and headquarters**                                                     | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** |
|----------------------------------------------------------------------------------|------------|-------------------|------------|----------------------|------------|
| ** **                                                                       | ** ** | **(%)**           | ** ** | **(%)**              | ** ** |
|                                                                             |       |              |       |                 |       |
| CWK Software  und Service GmbH                                                   |       | 27.2              |       |                 |       |
| Mannheim                                                                         |       |              |       |                 |       |
| DATASOUND  Gesellschaft zur Entwicklung und Vermarktung                          |       | 25.0              |       |                 |       |
| digitaler  Audio- und Informationssysteme, Ludwigshafen (Rhine)                  |       |              |       |                 |       |
| Emsland-Erdölleitung  GmbH                                                  |       | 25.0              |       |                 |       |
| Osterwald                                                                        |       |              |       |                 |       |
| Erdgasverkaufsgesellschaft  mbH                                                  |       | 28.8              |       |                 |       |
| Münster                                                                     |       |              |       |                 |       |
| Gesellschaft  für Wohnungs-, Gewerbe- und Städtebau Aktiengesellschaft |       | 30.0              |       |                 |       |
| Ludwigshafen  (Rhine)                                                            |       |              |       |                 |       |
| Ginger GmbH                                                                      |       | 22.0              |       | 22.0                 |       |
| Ludwigshafen  (Rhine)                                                            |       |              |       |                 |       |
| Infra Leuna  Beteiligungs-GmbH                                                   |       | 27.0              |       |                 |       |
| Leuna                                                                            |       |              |       |                 |       |
| KTL  Kombi-Terminal Ludwigshafen GmbH                                            |       | 40.0              |       | 40.0                 |       |
| Ludwigshafen  (Rhine)                                                            |       |              |       |                 |       |
| M-Exchange  AG                                                                   |       | 46.5              |       |                 |       |
| Frankfurt  (Main)                                                                |       |              |       |                 |       |
| Projektförderung  Initiative für Beschäftigung GmbH               |       | 25.0              |       |                 |       |
| Münster                                                                     |       |              |       |                 |       |
| PSG  Procurement Service GmbH                                                    |       | 50.0              |       |                 |       |
| Lohmar                                                                           |       |              |       |                 |       |
| Rail4Chem  Eisenbahnverkehrsgesellschaft mbH                                     |       | 25.0              |       | 25.0                 |       |
| Essen                                                                            |       |              |       |                 |       |
| Rheingas  Erdgasleitungsgesellschaft mbH i.L.                                    |       | 50.0              |       | 50.0                 |       |
| Hanover                                                                          |       |              |       |                 |       |
| Solvin  Europe GmbH                                                              |       | 25.2              |       | 25.2                 |       |
| Hanover                                                                          |       |              |       |                 |       |
| Stuttgarter  IT Gesellschaft mbH                                                 |       | 50.0              |       |                 |       |
| Stuttgart                                                                        |       |              |       |                 |       |
| S.T.E.P.  Personalentwicklungsgesellschaft mbH                                   |       | 33.4              |       | 33.4                 |       |
| Ludwigshafen  (Rhine)                                                            |       |              |       |                 |       |
| WV Elektro  GmbH & Co. Handels-KG                                       |       | 50.0              |       |                 |       |
| Frankfurt  (Main)                                                                |       |              |       |                 |       |
| WV Energie  AG                                                                   |       | 50.0              |       |                 |       |
| Frankfurt  (Main)                                                                |       |              |       |                 |       |
| WV Service GmbH                                                                  |       | 50.0              |       |                 |       |
| Frankfurt  (Main)                                                                |       |              |       |                 |       |
| WV  Versicherungsmakler GmbH                                                     |       | 25.0              |       |                 |       |
| Frankfurt  (Main)                                                                |       |              |       |                 |       |
| ZOXY Eneregy  Systems AG                                                         |       | 26.7              |       |                 |       |
| Bretten                                                                          |       |              |       |                 |       |

 

20

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| **Company and headquarters**                                    | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** |
|-----------------------------------------------------------------|------------|-------------------|------------|----------------------|------------|
| ** **                                                      | ** ** | **(%)**           | ** ** | **(%)**              | ** ** |
| ** **                                                      |       |              |       |                 |       |
| **Europe (excluding Germany)**                                  |       |              |       |                 |       |
|                                                            |       |              |       |                 |       |
| Amylogene  Handelsbolaget                                       |       | 45.5              |       |                 |       |
| Svalöv,  Sweden                                            |       |              |       |                 |       |
| BASF Naber  S.A.                                                |       | 50.0              |       |                 |       |
| Valencia,  Spain                                                |       |              |       |                 |       |
| BASF  Nutrition Animale S.A.S.                                  |       | 50.0              |       |                 |       |
| Chateau  Gontier, France                                        |       |              |       |                 |       |
| Cseber  Csomagoloeszköz Begyüjtesi Rendeszer KHT      |       | 22.8              |       |                 |       |
| Budapest,  Hungary                                              |       |              |       |                 |       |
| Elastokam  OOO                                                  |       | 50.0              |       |                 |       |
| Nishnekamsk  Promsona, Russia                                   |       |              |       |                 |       |
| ELLBA B.V.                                                      |       | 50.0              |       |                 |       |
| Arnhem, The  Netherlands                                        |       |              |       |                 |       |
| Gestio de  Residus Especiales de Catalunya S.A.                 |       | 33.3              |       |                 |       |
| Tarragona,  Spain                                               |       |              |       |                 |       |
| HydroWingas  Ltd.                                               |       | 32.5              |       |                 |       |
| Richmond,  United Kingdom                                       |       |              |       |                 |       |
| Kartal Kimya  San. ve Tic. A.S.                                 |       | 25.1              |       | 25.1                 |       |
| Istanbul,  Turkey                                               |       |              |       |                 |       |
| North  European Gas Pipeline Company AG                         |       | 24.5              |       |                 |       |
| Zug,  Switzerland                                               |       |              |       |                 |       |
| Omnexus N.V.                                                    |       | 21.0              |       | 21.0                 |       |
| Amsterdam,  The Netherlands                                     |       |              |       |                 |       |
| Société de  Participation dans l’industrie et le |       | 27.2              |       | 27.2                 |       |
| Neuilly-sur-Seine,  France                                      |       |              |       |                 |       |
| WIEE Romania  SRL                                               |       | 50.0              |       |                 |       |
| Bucharest,  Romania                                             |       |              |       |                 |       |
| Wirom Gas  S.A.                                                 |       | 25.6              |       |                 |       |
| Bucharest,  Romania                                             |       |              |       |                 |       |
| OOO  Wolgodeminoil                                              |       | 50.0              |       |                 |       |
| Volgograd,  Russia                                              |       |              |       |                 |       |
| Yasar BASF  Automotive Coatings Company Ltds.                   |       | 50.0              |       |                 |       |
| Izmir,  Turkey                                                  |       |              |       |                 |       |
|                                                            |       |              |       |                 |       |
| **North America (NAFTA)**                                       |       |              |       |                 |       |
|                                                            |       |              |       |                 |       |
| Aislantes y  Acusticos de Monterrey, S.A. de C.V.               |       | 50.0              |       |                 |       |
| Santa  Catarina, N.L.C.P., Mexico                               |       |              |       |                 |       |
| Buckeye  Products Pipeline, LP                                  |       | 22.0              |       |                 |       |
| Houston,  Texas                                                 |       |              |       |                 |       |
| Fort Amanda  Specialities, LLC                                  |       | 50.0              |       |                 |       |
| Lima, Ohio                                                      |       |              |       |                 |       |
| Gulf Coast  Pipeline, LP                                        |       | 22.0              |       |                 |       |
| Houston,  Texas                                                 |       |              |       |                 |       |

 

21

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| **Company and headquarters**                  | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** |
|-----------------------------------------------|------------|-------------------|------------|----------------------|------------|
| ** **                                    | ** ** | **(%)**           | ** ** | **(%)**              | ** ** |
|                                          |       |              |       |                 |       |
| **Asia Pacific**                              |       |              |       |                 |       |
|                                          |       |              |       |                 |       |
| BASF  Coatings Australia Pty. Ltd.            |       | 100.0             |       |                 |       |
| Sydney,  Australia                            |       |              |       |                 |       |
| Nisso BASF  Agro Co., Ltd.                    |       | 45.0              |       | 45.0                 |       |
| Tokyo, Japan                                  |       |              |       |                 |       |
| NKM Coatings  Co., Ltd.                       |       | 50.0              |       |                 |       |
| Tokyo, Japan                                  |       |              |       |                 |       |
| NOF  (Thailand) Ltd.                          |       | 40.0              |       |                 |       |
| Bangkok,  Thailand                            |       |              |       |                 |       |
| Pigment  Manufacturers of Australia Ltd. i.L. |       | 50.0              |       |                 |       |
| Laverton,  Australia                          |       |              |       |                 |       |
| Santoku BASF  Pte. Ltd.                       |       | 49.0              |       | 49.0                 |       |
| Singapore                                     |       |              |       |                 |       |
| Vitacolor  Industries, Inc.              |       | 40.0              |       | 40.0                 |       |
| Manila,  Philippines                          |       |              |       |                 |       |
|                                          |       |              |       |                 |       |
| **South America, Africa, Middle  East**       |       |              |       |                 |       |
|                                          |       |              |       |                 |       |
| BASF Kanoo  Gulf FZE                          |       | 49.0              |       |                 |       |
| Dubai, UAE  Dubai                             |       |              |       |                 |       |
| BASF Kanoo  Gulf LLC                          |       | 49.0              |       | 49.0                 |       |
| Dubai, UAE  Dubai                             |       |              |       |                 |       |
| BASF Tunisie  S.A.                            |       | 49.0              |       | 49.0                 |       |
| Megrine,  Tunesia                             |       |              |       |                 |       |
| Ingredia  Alimentacion Animal S.A.            |       | 37.2              |       |                 |       |
| Caracas,  Venezuela                           |       |              |       |                 |       |

 

22

----

 

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

 

 
| **Company and headquarters** | ** ** | **Capital  held** | ** ** | **Thereof  BASF AG** | ** ** | **Stock-  holders’  equity** | ** ** | **Net   income** | ** ** | **Currency**   | ** ** |
|------------------------------|------------|-------------------|------------|----------------------|------------|-----------------------------------|------------|------------------|------------|----------------|------------|
| ** **                   | ** ** | **(%)**           | ** ** | **(%)**              | ** ** | **(millions)**                    | ** ** | **(millions)**   | ** ** | **(ISO Code)** | ** ** |
|                         |       |              |       |                 |       |                              |       |             |       |           |       |
| **Germany**                  | ** ** | ** **        | ** ** | ** **           | ** ** | ** **                        | ** ** | ** **       | ** ** | ** **     | ** ** |
|                         |       |              |       |                 |       |                              |       |             |       |           |       |
| K + S  Aktiengesellschaft    |       | 10.0              |       | 10.0                 |       | 601.4                             | *          | 140.5            | *          | EUR            |       |
| Kassel                       |       |              |       |                 |       |                              |       |             |       |           |       |
| VNG-Verbundnetz  Gas AG      |       | 15.8              |       |                 |       | 535.8                             | *          | 122.8            | *          | EUR            |       |
| Leipzig                      |       |              |       |                 |       |                              |       |             |       |           |       |

 

----

* Financial Statements 2004

 

23

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III. Information onsubsidiaries

 

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

 

 
| **Company and headquarters**                                           |
|------------------------------------------------------------------------|
| ** **                                                             |
| **Germany**                                                            |
|                                                                   |
| BASF Coatings AG                                                       |
| Münster                                                           |
| BASF Electronic Materials  GmbH                                        |
| Ludwigshafen (Rhine)                                                   |
| BASF Performance Polymers  GmbH                                        |
| Rudolstadt                                                             |
| BASF PharmaChemikalien GmbH &  Co. KG                         |
| Ludwigshafen (Rhine)                                                   |
| BASF Pigment GmbH                                                      |
| Ludwigshafen (Rhine)                                                   |
| BASF Schwarzheide GmbH                                                 |
| Schwarzheide                                                           |
| BTC Specialty Chemical  Distribution GmbH                              |
| Cologne                                                                |
| Chemische Fabrik Wibarco  GmbH                                         |
| Ibbenbüren                                                        |
| Elastogran GmbH                                                        |
| Lemförde                                                          |
| Dr. Wolman GmbH                                                   |
| Sinsheim                                                               |
| GEWOGE Wohnungsunternehmen  der BASF GmbH                              |
| Ludwigshafen (Rhine)                                                   |
| Haidkopf GmbH                                                          |
| Kassel                                                                 |
| LUWOGE GmbH                                                            |
| Ludwigshafen (Rhine)                                                   |
| WINGAS GmbH                                                            |
| Kassel                                                                 |
| Wintershall AG                                                         |
| Kassel                                                                 |
| Wintershall Erdgas  Beteiligungs-GmbH                                  |
| Kassel                                                                 |
| Wintershall Erdgas  Handelshaus GmbH & Co. KG                 |
| Berlin                                                                 |
| Wintershall Erdgas  Verwaltungs-GmbH                                   |
| Kassel                                                                 |
| Wintershall Explorations-und  Produktions-Beteiligungsgesellschaft mbH |
| Kassel                                                                 |

 

24

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