| **NAME                OF COMPANY**                                     |   | **PLACE                AND DATE OF ESTABLISHMENT/ OPERATION** |
|------------------------------------------------------------------------|--------|---------------------------------------------------------------|
| Guangxi                Airlines Company Limited (a)                    |   | PRC                                                           |
|                                                                   |   | April                28, 1994                                 |
|                                                                   |   |                                                          |
| Southern                Airlines (Group) Shantou                       |   | PRC                                                           |
| Airlines                Company Limited (a)                            |   | July                20, 1993                                  |
|                                                                   |   |                                                          |
| Zhuhai                Airlines Company Limited (a)                     |   | PRC                                                           |
|                                                                   |   | May                8, 1995                                    |
|                                                                   |   |                                                          |
| Xiamen                Airlines                                         |   | PRC                                                           |
| Company                Limited (a)                                     |   | August                11, 1984                                |
|                                                                   |   |                                                          |
| Guizhou                Airlines                                        |   | PRC                                                           |
| Company                Limited (a)                                     |   | November                12, 1991                              |
|                                                                   |   |                                                          |
| Guangzhou                Nanland Air                                   |   | PRC                                                           |
| Catering                Company Limited (b)                            |   | November                21, 1989                              |
|                                                                   |   |                                                          |
| Guangzhou                Baiyun International Logistic Company Ltd (a) |   | PRC                                                           |
|                                                                   |   | July                23, 2002                                  |
|                                                                   |   |                                                          |
| China                Southern West Australian                          |   | Australia                                                     |
| Flying                College Pty Limited                              |   | January                26, 1971                               |
|                                                                   |   |                                                          |
| Xinjiang                Civil Aviation                                 |   | PRC                                                           |
| Property                Management Limited (a)                         |   | December                12, 2002                              |
|                                                                   |   |                                                          |
| Guangzhou                Air Cargo                                     |   | PRC                                                           |
| Company                Limited (a)                                     |   | March                31, 2004                                 |

| (a)    |   | These                subsidiaries are PRC limited companies.                                  |
|--------|--------|-----------------------------------------------------------------------------------------------|
|   |
| (b)    |   | This                subsidiary is a Sino-foreign equity joint venture                company. |

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