EXHIBIT 8

Principal subsidiaries

at September 30, 2003 (data to US GAAP)

	Equity capital € thousand		Earnings (Losses) € thousand		Equity interest in %
Germany
Ernst Herrmann Ingenieur AG & Co. KG, Berlin (formerly: Ernst Herrmann Ingenieur GmbH & Co. KG)	4,128		2,061		100
Europe without Germany
EPCOS OHG, Deutschlandsberg, Austria	57,436		(19,869	)	100
EPCOS-Peças e Componentes Electrônicos S.A., Evora, Portugal	63,337		6,504		100
EPCOS ELECTRONIC COMPONENTS S.A., Málaga, Spain	5,633		(5,028	)	100
EPCOS s.r.o., Šumperk, Czech Republic	8,398		(2,016	)	100
EPCOS SAS, Bordeaux, France	(1,206	)	(9,963	)	100
EPCOS Elektronikai Alkatrész Kft., Szombathely, Hungary	2,333		(795	)	100
EPCOS UK Ltd., Bracknell, United Kingdom	2,199		589		100
EPCOS Nordic AB, Kista, Sweden	1,122		434		100
EPCOS Nordic OY, Espoo (Helsinki), Finland	534		303		100
EPCOS Finance B.V., Amsterdam, Netherlands	343		12		100

	Equity capital € thousand		Earnings (Losses) € thousand		Equity interest in %
Asia
EPCOS PTE LTD, Singapore	162,650		49,958		100
EPCOS (China) Investment Ltd., Shanghai, China	36,977		356		100
EPCOS India Private Ltd., Nashik, India	7,468		862		100
EPCOS (Zhuhai FTZ) Co., Ltd., Zhuhai, China	11,269		2,553		100
EPCOS (Wuxi) Co., Ltd., Wuxi, China	14,556		8,044		100
EPCOS (Xiaogan) Co., Ltd., Xiaogan, China	2,910		755		76
EPCOS Ferrites Ltd., Calcutta, India (formerly: International Ferrites Ltd.)	(774	)	(2,667	)	100
EPCOS KK, Yokohama, Japan	1,551		0		100
EPCOS (Zhuhai) Co., Ltd., Zhuhai, China	3,295		1,490		100
EPCOS SDN. BHD., Johore Bahru, Malaysia	4,559		2,839		100
EPCOS (Shanghai), Ltd., Shanghai, China	840		64		100
EPCOS Ltd., Hong Kong, China	3,446		1,439		100
Americas
EPCOS do Brasil Ltda., Gravataí, Brazil	21,270		2,395		100
EPCOS Inc., Iselin, New Jersey, USA	15,626		413		100
Crystal Technology, Inc., Palo Alto, California, USA	10,046		1,465		100