Exhibit 8.1 Fiscal year 2005

Subsidiary	Jurisdiction
4212657 Canada Inc.	CANADA
5557 Greens Farm LLC	CONNECTICUT
75 WALL STREET ADVISERS	NEW YORK
A. Diffusion	FRANCE
A.D.I.C.	COLOMBIA
A.KRALLIS LTD.	GREECE
AAAM S.A.	FRANCE
ACMAR	MOROCCO
ACM-Compagnie Mercur Aktiengesellschaft	GERMANY
ACP Vermögensverwaltung GmbH & Co. KG Nr. 1	GERMANY
ACP Vermögensverwaltung GmbH & Co. KG Nr. 2	GERMANY
ACP Vermögensverwaltung GmbH & Co. KG Nr. 3	GERMANY
ACP Vermögensverwaltung GmbH & Co. KG Nr. 4	GERMANY
ADAM Capital Managment LLC	CALIFORNIA
ADAM Hellas S.A.	GREECE
ADAM U.S. Holding LLC	DELAWARE
ADAM U.S. Partners GP	DELAWARE
ADEUS Aktienregister-Service-GmbH	GERMANY
Adriática de Seguros C.A.	VENEZUELA
Advisa Zürich AG	SWITZERLAND
Aequitas GmbH Allianz Equity — Alternative Strategies	GERMANY
Aero-Fonte S.r.l	ITALY
AFA	FRANCE
AFC Assecuranz— und Finanzvermittlungs-Contor GmbH	GERMANY
AGF 2X	FRANCE
AGF Act Croiss Euro	FRANCE
AGF Actions	FRANCE
AGF Actions Euro Val	FRANCE
AGF Actions Internat	FRANCE
AGF Actions Mid Cap	FRANCE
AGF ACTIONS ZONE EURO L	FRANCE
AGF Aequitas L	FRANCE
AGF AFRIQUE Holding	FRANCE
AGF AFRIQUE S.A.	COTE D’IVOIRE
AGF Air France IFC	FRANCE
AGF Allianz Argentina Compania de Seguros Generales S.A.	ARGENTINA
AGF Allianz Argentina Compania de Seguros Generales S.A.	BRAZIL
AGF Allianz South America Ltda.	BRAZIL
AGF Ameriques D	FRANCE
AGF Ameriques USD	FRANCE
AGF Ammonité	FRANCE
AGF Asac Actions	FRANCE
AGF Asac Dynamisme	FRANCE
AGF Asac France 1	FRANCE
AGF Asac Prudence	FRANCE
AGF ASCENSION 2011 L	FRANCE
AGF Asia	SINGAPORE

Exhibit 8.1 Fiscal year 2005

AGF Asset Management S.A.	FRANCE
AGF Assurances Financières S.A.	FRANCE
AGF Assurfinance	FRANCE
AGF Balanced	BELGIUM
AGF Belgium Holding S.A.	BELGIUM
AGF Belgium Insurance S.A.	BELGIUM
AGF Benelux S.A.	LUXEMBOURG
AGF Biplus	FRANCE
AGF BIPLUS 2 L	FRANCE
AGF BKB RENDA FIXA	BRAZIL
AGF Boïeldieu	FRANCE
AGF Brasil Seguros S.A.	BRAZIL
AGF CAP FRANCE D	FRANCE
AGF Capital Invest 2	FRANCE
AGF CAPITAL INVEST L	FRANCE
AGF CREATIONS1	FRANCE
AGF CREATIONS2	FRANCE
AGF CROISSANCE MONDE	FRANCE
AGF do Brasil Ltda.	BRAZIL
AGF Dynamic	BELGIUM
AGF Dynamisme	FRANCE
AGF Emprunts d’Etat	FRANCE
AGF Energie	FRANCE
AGF Epargne Action	FRANCE
AGF Equilibre	FRANCE
AGF Euro Actions C et D	FRANCE
AGF Euro Credit Alpha	FRANCE
AGF Euro Gagnant	FRANCE
AGF Euro Inflation L	FRANCE
AGF Euro Oblig Plus	FRANCE
AGF Euro Tactique	FRANCE
AGF Euroland	FRANCE
AGF Europe Convertible	FRANCE
AGF Europe Obligations	FRANCE
AGF FIF Cambial Shares	BRAZIL
AGF FIF Hedge Fund	BRAZIL
AGF FIF Inst. Multimercado FI	BRAZIL
AGF FIF Inst. Plus FI	BRAZIL
AGF FIF Inst. Plus Shares II	BRAZIL
AGF FIF Special	BRAZIL
AGF Financement 2	FRANCE
AGF Haut Rendement	FRANCE
AGF Holding	FRANCE
AGF Holdings (UK) Limited	UNITED KINGDOM
AGF Horizon Retraite 2010-2011	FRANCE
AGF Horizon Retraite 2012-2013	FRANCE
AGF Horizon Retraite 2014-2015	FRANCE
AGF Horizon Retraite 2016-2017	FRANCE
AGF Horizon Retraite 2018	FRANCE
AGF HOSPITAL EURO L	FRANCE

Exhibit 8.1 Fiscal year 2005

AGF Hospitalier International L	FRANCE
AGF Hospitaliers Monde	FRANCE
AGF Immobilier S.N.C.	FRANCE
AGF Imo Actions	FRANCE
AGF Indice Japon L	FRANCE
AGF Indices USA	FRANCE
AGF Informatique G.I.E.	FRANCE
AGF Insurance Limited	UNITED KINGDOM
AGF Inter Oblig	FRANCE
AGF Interfonds	FRANCE
AGF International	FRANCE
AGF Inversiones S.A.	ARGENTINA
AGF Invest Euro L	FRANCE
AGF INVESTMENT GRADE	FRANCE
AGF Japon	FRANCE
AGF La Lilloise S.A.	FRANCE
AGF Life Luxembourg S.A.	LUXEMBOURG
AGF Long Terme	FRANCE
AGF Marches Emergents	FRANCE
AGF Monetaire	FRANCE
AGF Multi Croissance	FRANCE
AGF Multi Harmonie	FRANCE
AGF Oblig CT Terme	FRANCE
AGF Octoplus	FRANCE
AGF Octoplus II	FRANCE
AGF Octoplus III	FRANCE
AGF Opéra	FRANCE
AGF Opportunities	FRANCE
AGF Optomax 2	FRANCE
AGF Optomax L	FRANCE
AGF PEA Pondere	FRANCE
AGF Pea Vitalité	FRANCE
AGF Peh Eur. IV FCPR	FRANCE
AGF Pension Trustees	UNITED KINGDOM
AGF Private Banking S.A.	FRANCE
AGF Private Equity FCPR	FRANCE
AGF Private Equity S.A.	FRANCE
AGF Project Management Ltd.	UNITED KINGDOM
AGF Prudence	FRANCE
AGF RAS Holding BV	NETHERLANDS
AGF Richelieu	FRANCE
AGF Saint Marc CL	FRANCE
AGF Saude S.A.	BRAZIL
AGF Scalinvest	FRANCE
AGF Secteur Immobilier	FRANCE
AGF SECURICASH L	FRANCE
AGF Senegal Vie S.A.	SENEGAL
AGF Senegal IARD S.A.	SENEGAL
AGF Serenite	FRANCE
AGF Taut Fixe	FRANCE

Exhibit 8.1 Fiscal year 2005

AGF TRIPLUS LH	FRANCE
AGF UK	FRANCE
AGF USA USA	FRANCE
AGF VALEUR DURABLES L	FRANCE
AGF Vita 4	FRANCE
AGF World Fund High Yield	FRANCE
AGFARC Ltd.	UNITED KINGDOM
AGFimo	FRANCE
AGIS Allianz Dresdner Informationssysteme GmbH	GERMANY
Agora Courtage	FRANCE
AGT	TOGO
AHFP Capital SARL	SWITZERLAND
AI Industriebesitz und Beteiligungen Isar-Amperwerke AG & Co. OHG	GERMANY
Aiolos Vermögensverwaltungsgesellschaft mbH	GERMANY
Ajax Insurance Holdings Limited	UNITED KINGDOM
Alba Allgemeine Versicherungs-Gesellschaft	SWITZERLAND
Alexandria Capital PLC	IRELAND
Alfa Trade Corporation spol s.r.o.	CZECH REPUBLIC
Alida Grundstücksgesellschaft mbH & Co. KG	GERMANY
Alida Grundstücksverwaltungs GmbH	GERMANY
Alliance	FRANCE
Allianz Australian Claims Services Limited	AUSTRALIA
Allianz (UK) Limited	UNITED KINGDOM
Allianz AADB Fonds	GERMANY
Allianz ABS Fonds	GERMANY
Allianz Absolute Return Funds	SWITZERLAND
Allianz AGF MAT UK Holding	UNITED KINGDOM
Allianz Alternative Assets Holding GmbH	GERMANY
Allianz America Latina S.C. Ltda.	BRAZIL
Allianz Asset Management	SWITZERLAND
Allianz AUD Fonds	NETHERLANDS
Allianz Australia Workers Compensation (Victoria) Limited	AUSTRALIA
Allianz Australia Advantage Ltd.	AUSTRALIA
Allianz Australia Employee Share Plan Pty Ltd.	AUSTRALIA
Allianz Australia Insurance Limited	AUSTRALIA
Allianz Australia Limited	AUSTRALIA
Allianz Australia Services (No. 2) Pty Ltd	AUSTRALIA
Allianz Australia Services Pty Limited	AUSTRALIA
Allianz Australia Workers Compensation (NSW) Limited	AUSTRALIA
Allianz Australia Workers Compensation (SA) Limited	AUSTRALIA
Allianz Autowelt GmbH	GERMANY
Allianz AVM Fonds	GERMANY
Allianz AVR-Fonds	GERMANY
Allianz BADB Fonds	GERMANY
Allianz Beteiligungs Management GmbH	GERMANY
Allianz Bulgaria Holding Company Ltd.	BULGARIA
Allianz Bulgaria Insurance and Reinsurance Company Ltd.	BULGARIA
Allianz Bulgaria Life Insurance Company Ltd.	BULGARIA
Allianz Bulgaria Pension Assurance Company Ltd.	BULGARIA

Exhibit 8.1 Fiscal year 2005

Allianz Capital Partners GmbH	GERMANY
Allianz Capital Partners Management GmbH	GERMANY
Allianz Capital Partners Management Vermögensverwaltungsgesellschaft mbH	GERMANY
Allianz Capital Partners Vermögensverwaltungsgesellschaft mbH	GERMANY
Allianz Cash Pool LLC	DELAWARE
Allianz CenterManagement GmbH	GERMANY
Allianz Combinatie Fonds	NETHERLANDS
Allianz Compagnia Italiana Finanziamenti S.p.A.	ITALY
Allianz CompanÍa de Seguros y Reaseguros S.A.	SPAIN
Allianz Cornhill Engineering Inspection Services Limited	UNITED KINGDOM
Allianz Cornhill Equity Investments Ltd.	UNITED KINGDOM
Allianz Cornhill Financial Management Ltd.	UNITED KINGDOM
Allianz Cornhill Holdings plc.	UNITED KINGDOM
Allianz Cornhill Information Services Private Ltd.	INDIA
Allianz Cornhill Insurance Company Pension Fund Trustees Ltd.	UNITED KINGDOM
Allianz Cornhill Insurance plc.	UNITED KINGDOM
Allianz Cornhill Investment Properties Ltd.	UNITED KINGDOM
Allianz Cornhill Management Services Limited	UNITED KINGDOM
Allianz Corporate Ireland Insurance p.l.c.	IRELAND
Allianz Credit Card Management Co. S.A.	GREECE
Allianz Croiss II	FRANCE
Allianz Croiss III	FRANCE
Allianz Croissance	FRANCE
Allianz Dazhong Life Insurance Company Ltd.	CHINA
Allianz Deposito Fonds	NETHERLANDS
Allianz Deutschland AG	GERMANY
Allianz Dresdner Bauspar AG	GERMANY
Allianz Dresdner Global Investors Deutschland GmbH	GERMANY
Allianz Dresdner Mutual Funds Management Hellas S.A.	GREECE
Allianz Dresdner Pension Consult GmbH	GERMANY
Allianz Dresdner Securities Investment Consulting Ltd.	TAIWAN
Allianz Egypt Insurance Company S.A.E.	EGYPT
Allianz Egypt Life Company S.A.E.	EGYPT
Allianz Elementar Lebensversicherungs-Aktiengesellschaft	AUSTRIA
Allianz Elementar Versicherungs-Aktiengesellschaft	AUSTRIA
Allianz Europe B.V.	NETHERLANDS
Allianz Europe Ltd.	NETHERLANDS
Allianz Europees Fonds	NETHERLANDS
Allianz FADB Fonds	GERMANY
Allianz Finance B.V.	NETHERLANDS
Allianz Finance Corporation	DELAWARE
Allianz Finance II B.V.	NETHERLANDS
Allianz Finance III B.V.	NETHERLANDS
Allianz Finance Luxemburg S.A.	LUXEMBOURG
Allianz Finanzbeteiligungs GmbH	GERMANY
Allianz Fire and Marine Insurance Japan Ltd.	JAPAN
Allianz GBP Fonds	NETHERLANDS
Allianz General Insurance Company S.A.	GREECE
Allianz General Insurance Malaysia Berhad p.l.c.	MALAYSIA

Exhibit 8.1 Fiscal year 2005

Allianz Gestion Sociedad Gestora de Instituciones de Inversion Colectiva S.A.	SPAIN
Allianz GLA Fonds	GERMANY
Allianz Global Investors (Schweiz) AG	SWITZERLAND
Allianz Global Investors (UK) Ltd	UNITED KINGDOM
Allianz Global Investors Advisory GmbH	GERMANY
Allianz Global Investors AG	GERMANY
Allianz Global Investors Asia Pacific GmbH	GERMANY
Allianz Global Investors Australia Limited	AUSTRALIA
Allianz Global Investors Distributors LLC	CONNETICUT
Allianz Global Investors Europe Holding GmbH	GERMANY
Allianz Global Investors Fund Management LLC	DELAWARE
Allianz Global Investors Holdings (UK) Ltd.	UNITED KINGDOM
Allianz Global Investors Hong Kong Ltd.	CHINA
Allianz Global Investors Ireland Ltd.	IRELAND
Allianz Global Investors Japan Co. Ltd.	JAPAN
Allianz Global Investors Korea Limited	KOREA, REPUBLIC OF
Allianz Global Investors Luxembourg S.A.	LUXEMBOURG
Allianz GLobal Investors New York Holdings LLC	NEW YORK
Allianz Global Investors Nominees (UK) Ltd	UNITED KINGDOM
Allianz Global Investors Nominees Services Limited	UNITED KINGDOM
Allianz Global Investors of America L.P.	DELAWARE
Allianz Global Investors of America LLC	CALIFORNIA
Allianz Global Investors Services (UK) Ltd	UNITED KINGDOM
Allianz Global Investors Singapore Ltd.	SINGAPORE
Allianz Global Investors Taiwan (SITE) Ltd.	TAIWAN
Allianz Global Investors U.S. Retail LLC	DELAWARE
Allianz Global Investors US Equities LLC	DELAWARE
Allianz Global Investors US Holdings Inc.	DELAWARE
Allianz Global Risks Rückversicherungs-AG	GERMANY
Allianz Global Risks US Insurance Company	CALIFORNIA
Allianz GLR Fonds	GERMANY
Allianz GLU Fonds	GERMANY
Allianz GREQ Fonds	GERMANY
Allianz GREU Fonds	GERMANY
Allianz GRGB Fonds	GERMANY
Allianz HAI 2 Fonds	GERMANY
Allianz Handwerker Services GmbH	GERMANY
Allianz Healthcare Beteiligungs 1. Vermögensverwaltungsgesellschaft mbH	GERMANY
Allianz Healthcare Beteiligungs 2. Vermögensverwaltungsgesellschaft mbH	GERMANY
Allianz Healthcare Beteiligungs GmbH	GERMANY
Allianz Hedge Fund P. SARL	DELAWARE
Allianz Hedge Fund Partners (Cayman) LLC	CAYMAN ISLANDS
Allianz Hedge Fund Partners Inc.	DELAWARE
Allianz Hedge Fund Partners LP	DELAWARE
Allianz Holding eins GmbH	AUSTRIA
Allianz Hungária Biztosító Rt.	HUNGARY
Allianz Hungária Pénztárüzemeltetési Kft.	HUNGARY
Allianz Immobilien GmbH	GERMANY

Exhibit 8.1 Fiscal year 2005

Allianz Immobilienfonds 1 KG	GERMANY
Allianz Immobilienfonds GmbH	GERMANY
Allianz Individual Insurance Group LLC	MINNEAPOLIS
Allianz Informatik Beteiligungsgesellschaft mbH	GERMANY
Allianz Insurance (Hong Kong) Ltd.	CHINA
Allianz Insurance Company Lanka Limited	SRI LANKA
Allianz Insurance Company of Singapore Pte. Ltd.	SINGAPORE
Allianz Insurance Limited	SOUTH AFRICA
Allianz Insurance Management Asia Pacific Pte. Ltd.	SINGAPORE
Allianz Internationaal Fonds	NETHERLANDS
Allianz International Ltd.	UNITED KINGDOM
ALLIANZ INVERSIONES SOCIEDAD DE VALORES S.A.	SPAIN
Allianz Invest Kapitalanlage GmbH	AUSTRIA
Allianz Invest Osteuropa LH	AUSTRIA
Allianz Invest Osteuropa NL	AUSTRIA
Allianz Invest Ostrent LH	AUSTRIA
Allianz Investment Company LLC	CONNECTICUT
Allianz Investmentbank Aktiengesellschaft	AUSTRIA
Allianz Ireland p.l.c.	IRELAND
Allianz Irish Life Holdings p.l.c.	IRELAND
Allianz kontakt s.r.o.	CZECH REPUBLIC
Allianz Leben Private Equity Fonds Plus GmbH	GERMANY
Allianz Lebensversicherungs-Aktiengesellschaft	GERMANY
Allianz Life Insurance Co. Ltd.	KOREA, REPUBLIC OF
Allianz Life Insurance Company of North America	MINNESOTA
Allianz Life Insurance Company S.A.	GREECE
Allianz Life Insurance Malaysia Berhad p.l.c.	MALAYSIA
Allianz Life Insurance of New York	NEW YORK
Allianz Life Moskau	RUSSIAN FEDERATION
Allianz Marine & Aviation (France)	FRANCE
Allianz Marine & Aviation Versicherungs-AG	GERMANY
Allianz Marine (UK) Ltd.	UNITED KINGDOM
Allianz México S.A. Compañía de Seguros	MEXICO
Allianz Nederland Groep N.V.	NETHERLANDS
Allianz Nederland Levensverzekering N.V.	NETHERLANDS
Allianz Nederland Schadeverzekering N.V.	NETHERLANDS
Allianz New Europe Holding GmbH	AUSTRIA
Allianz New Zealand Limited	NEW ZEALAND
Allianz Northern Ireland Limited	UNITED KINGDOM
Allianz Objektbeteiligungs- GmbH	GERMANY
Allianz Obligations	FRANCE
Allianz of America Corp.	NEW YORK
Allianz of America Inc.	WILMINGTON
Allianz of Asia-Pacific and Africa GmbH	GERMANY
Allianz of South Africa (Proprietary) Ltd.	SOUTH AFRICA
Allianz Pension Partners GmbH	GERMANY
Allianz Pensionsfonds AG	GERMANY
Allianz Pensionskasse AG	GERMANY
Allianz Pensionskasse Aktiengesellschaft	AUSTRIA
Allianz penzijní fond a.s.	CZECH REPUBLIC

Exhibit 8.1 Fiscal year 2005

Allianz PFI Holdings (Jersey) Limited	UNITED KINGDOM
Allianz Pimco Corporate LH	AUSTRIA
Allianz Pimco Mortgage LH	AUSTRIA
Allianz Pimco Mortgage NL	AUSTRIA
Allianz pojistóvna a.s.	CZECH REPUBLIC
Allianz Polska Services Sp. z o.o.	POLAND
Allianz President Life Insurance Co. Ltd.	TAIWAN
Allianz Private Equity GmbH	GERMANY
Allianz Private Equity Partners GmbH	GERMANY
Allianz Private Equity Partners Inc.	NEW YORK
Allianz Private Equity Partners Verwaltungs GmbH	GERMANY
Allianz Private Equity UK Holdings Limited	UNITED KINGDOM
Allianz Private Krankenversicherungs-Aktiengesellschaft	GERMANY
Allianz Private Vermögensverwaltungs GmbH	GERMANY
Allianz Private Vermögensverwaltungsgesellschaft mbH	GERMANY
Allianz ProzessFinanz GmbH	GERMANY
Allianz PV WS Fonds	GERMANY
Allianz Re Dublin Limited	IRELAND
Allianz Rechtsschutz-Service GmbH	GERMANY
Allianz reosiguranje d.d.	CROATIA (local name: Hrvatska)
Allianz Risk Audit	RUSSIAN FEDERATION
Allianz Risk Consultants B.V.	NETHERLANDS
Allianz Risk Consultants Inc.	CALIFORNIA
Allianz Risk Transfer (Bermuda) Ltd.	BERMUDA
Allianz Risk Transfer (UK) Limited	UNITED KINGDOM
Allianz Risk Transfer AG	SWITZERLAND
Allianz Risk Transfer Inc.	NEW YORK
Allianz Risk Transfer N.V.	NETHERLANDS
Allianz S.A. A.S.	SPAIN
Allianz Services (UK) Limited	UNITED KINGDOM
Allianz Servicios Técnicos A.I.E.	SPAIN
Allianz Share Scheme Trustees Limited	UNITED KINGDOM
Allianz Société Financiére S.à.r.l.	LUXEMBOURG
Allianz Specialised Investments Central Europe Kft	HUNGARY
Allianz Specialised Investments Central Europe sro	CZECH REPUBLIC
Allianz Specialised Investments Limited	UNITED KINGDOM
ALLIANZ SUBALPINA S.p.A. SOCIETA’ DI ASSICURAZIONI E RIASSICURAZIONI	ITALY
Allianz Suisse Flexible Fund	SWITZERLAND
Allianz Suisse Immobilien AG	SWITZERLAND
Allianz Suisse Lebensversicherungs-Gesellschaft	SWITZERLAND
Allianz Suisse Personal Financial Services AG	SWITZERLAND
Allianz Suisse Versicherungs-Gesellschaft	SWITZERLAND
Allianz Taunusanlage GbR	GERMANY
Allianz Technical Service Inc.	DELAWARE
Allianz Tiriac Insurance S.A.	ROMANIA
Allianz Underwriters Insurance Company	CALIFORNIA
Allianz USD Fonds	NETHERLANDS
Allianz Venture Partners Beteiligungs-GmbH	GERMANY
Allianz Versicherungs-Aktiengesellschaft	GERMANY

Exhibit 8.1 Fiscal year 2005

Allianz VKA Fonds	GERMANY
Allianz VKBR-Fonds	GERMANY
Allianz VKRD-Fonds	GERMANY
Allianz VLBR-Fonds	GERMANY
Allianz VSR Fonds	GERMANY
Allianz VVB Fonds	GERMANY
Allianz Wohnungseigentum GmbH	GERMANY
Allianz Worldwide Care Ltd.	IRELAND
Allianz Zagreb d.d.	CROATIA (local name: Hrvatska)
Allianz ZB d.o.o. Company for the Management of an Obligatory Pension Fund	CROATIA (local name: Hrvatska)
Allianz ZB d.o.o. company of the management of voluntary pension funds	CROATIA (local name: Hrvatska)
Allianz Zentrum für Technik GmbH	GERMANY
Allianz_ALD_Fonds	GERMANY
Allianz_ALIK_Fonds	GERMANY
Allianz_AVI_1 Fonds	GERMANY
Allianz_AVM_B_Fonds	GERMANY
Allianz_BRD_Fonds	GERMANY
Allianz_DESTO_AR_Fonds	GERMANY
Allianz_DESTO_Fonds	GERMANY
Allianz_DGD_Fonds	GERMANY
Allianz_DRD_Fonds	GERMANY
Allianz_EAI_Fonds	GERMANY
Allianz_FAD_Fonds	GERMANY
Allianz_FRD_Fonds	GERMANY
Allianz_HAI_1_Fonds	GERMANY
Allianz_HME_1_Fonds	GERMANY
Allianz_Invest_11	AUSTRIA
Allianz_Invest_11	AUSTRIA
Allianz_Invest_12	AUSTRIA
Allianz_Invest_Spezial_2	AUSTRIA
Allianz_Invest_Spezial_3	AUSTRIA
Allianz_LAD_Fonds	GERMANY
Allianz_LBR_Fonds	GERMANY
Allianz_LFE_Fonds	GERMANY
Allianz_LRD_Fonds	GERMANY
Allianz_PV_1_Fonds	GERMANY
Allianz_RFG_Fonds	GERMANY
Allianz_RMO_1_Fonds	GERMANY
Allianz_SALCO_Fonds	GERMANY
Allianz_SDR_Fonds	GERMANY
Allianz_SOA_Fonds	GERMANY
Allianz_SWAG_Fonds	GERMANY
Allianz_UGD_1_Fonds (UPR)	GERMANY
Allianz_VAD_Fonds	GERMANY
Allianz_VAE_Fonds	GERMANY
Allianz_VGI_1_Fonds (UPR)	GERMANY
Allianz_VGL_Fonds	GERMANY
Allianz-PacLife Partners LLC	DELAWARE

Exhibit 8.1 Fiscal year 2005

Allianz-Slovenská DSS a.s.	SLOVAKIA (Slovak Republic)
Allianz-Slovenská poist’ovna a.s.	SLOVAKIA (Slovak Republic)
Alpha Vision Capital Mgmt LLC	CALIFORNIA
Alpha Vision LLC	CALIFORNIA
Am Anger Immobilienverwaltungs-GmbH	GERMANY
Am Anger Verwaltungs-GmbH & Co. KG	GERMANY
Amaya AG	SWITZERLAND
Amaya Compania de Seguros y Reaseguros S.A.	SPAIN
American Automobile Insurance Company	MISSOURI
American Financial Marketing Inc.	MINNESOTA
Annex Capital Partners LLC (GP)	CAYMAN ISLANDS
Annex Holdings I LP	CAYMAN ISLANDS
Antoniana Veneta Popolare Assicurazioni S.p.A.	ITALY
Antoniana Veneta Popolare Vita S. p. A.	ITALY
Arcalis	FRANCE
Arcalis 22	FRANCE
Arcalis 23	FRANCE
Arcalis 24	FRANCE
Arcalis 28	FRANCE
Arcalis UN	FRANCE
Ariondaz SAS	FRANCE
Arlon Properties S.A.	LUXEMBOURG
ARSA B.V.	NETHERLANDS
AS 24 (AS NIJUYON K.K.)	JAPAN
Asopos Vermögensverwaltungsgesellschaft mbH	GERMANY
ASREX	FRANCE
Assimediass S.r.l.	ITALY
ASSISTANCE AND SERVICES CORPORATION OF IRELAND “A.S.C.I.”	IRELAND
Assistance Courtage d’Assurance et de Réassurance S.A.	FRANCE
Associated Group Benefits Ltd.	CANADA
Associated Indemnity Corporation	CALIFORNIA
Assurance Vie et Prévoyance (AVIP) SA	FRANCE
Assurances Fédérales BV	FRANCE
Assurances Générales de France	FRANCE
Assurances Générales de France IART S.A.	FRANCE
Assurances Générales de France Vie S.A.	FRANCE
Assurances Generales du Laos Ltd.	LAO PEOPLE’S DEMOCRATIC REPUBLIC
Assurances Générales du Mali (AGM)	COTE D’IVOIRE
Athéna	FRANCE
Athena Europe Obligations	FRANCE
Athéna Obligations	FRANCE
Atrium SAS	FRANCE
Atropos Vermögensverwaltungsgesellschaft mbH	GERMANY
AVIP ACTIONS 100	FRANCE
AVIP ACTIONS 60	FRANCE
AVIP PERFORMANCE 80	FRANCE
AVIP TOP 300	FRANCE
AVIP TOP CROISSANCE	FRANCE

Exhibit 8.1 Fiscal year 2005

AVIP TOP DEFENSIF	FRANCE
AVIP TOP HARMONIE	FRANCE
Axioma Insurance (Cyprus) Ltd.	CYPRUS
AZ GI Advertising Agency Inc.	DELAWARE
AZ GI Australia Ltd.	AUSTRALIA
AZ GI Managed Accounts LLC	DELAWARE
AZ GI Pacific Ltd.	BERMUDA
AZ GI U.S. Retail LLC	DELAWARE
Az Global Risk Ltd.	SOUTH AFRICA
AZ Leben Private Equity Fonds 2001 GmbH	GERMANY
AZ Via Immo 3	FRANCE
AZ-Arges Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 10 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 14 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 15 AG	GERMANY
AZ-Argos 2 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 22 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 26 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 27 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 28 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 29 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 3 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 30 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 31 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 32 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 33 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 34 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 35 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 36 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 37 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 38 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 39 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 4 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 40 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 41 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 42 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 6 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZB-Arges Vermögensverwaltungsgesellschaft mbH	GERMANY
AZF-Arges2 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZL PE Nr. 1 GmbH	GERMANY
AZ-LAD AG	GERMANY
AZL-Alico Vermögensverwaltungsgesellschaft mbH	GERMANY
AZL-DRB Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Leben Private Equity Fonds 1998 GmbH	GERMANY
AZ-LIN 2 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-LIN Vermögensverwaltungsgesellschaft mbH	GERMANY
AZL-SER Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-MPS Beteiligungsgesellschaft mbH & Co. KG	GERMANY
AZS-Arges Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-SDC 2 Vermögensverwaltungsgesellschaft mbH	GERMANY

Exhibit 8.1 Fiscal year 2005

AZ-SDC Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-SER 2 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-SER Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-SGD Private Equity Fonds GmbH	GERMANY
AZV-Argos 1 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Vers PEF GmbH	GERMANY
AZV-Nona Vermögensverwaltungsgesellschaft mbH	GERMANY
BACAB S.A.	SWITZERLAND
Baladau	FRANCE
Bankhaus W. Fortmann & Söhne KG	GERMANY
Banque AGF S.A.	FRANCE
BARTEC AB	SWEDEN
BARTEC AS	NETHERLANDS
BARTEC Barlian Industries Holding AG	SWITZERLAND
BARTEC Belgium N.V.	BELGIUM
BARTEC Benke GmbH	GERMANY
BARTEC Consult GmbH	GERMANY
BARTEC d.o.o.	HUNGARY
BARTEC d.o.o.	SLOVENIA
BARTEC Electric (Shanxi) Co. Ltd.	CHINA
BARTEC Elektrotechnik GmbH	AUSTRIA
BARTEC Engineering + Services AG	SWITZERLAND
Bartec GmbH	GERMANY
BARTEC Hungary Kft.	HUNGARY
BARTEC Ltd.	JAPAN
BARTEC Nederland B.V.	NETHERLANDS
BARTEC Nederland Ultrakust Division B.V.	NETHERLANDS
BARTEC Pte Ltd.	SINGAPORE
BARTEC S.A.	SPAIN
BARTEC s.a.r.l.	FRANCE
BARTEC s.r.l.	ITALY
BARTEC s.r.o.	CZECH REPUBLIC
BARTEC Sicherheits-Schaltanlagen GmbH	GERMANY
BARTEC UK Ltd.	UNITED KINGDOM
BARTEC US Corp.	OKLAHOMA
BARTEC Varnost d.o.o.	SLOVENIA
BAWAG Allianz Mitarbeitervorsorgekasse AG	AUSTRIA
Bayerische Versicherungsbank AG (was merged in January 2006 retroactively effective October 1, 2005 into Allianz Versicherungs-AG)	GERMANY
BD-Financial Management Ltd.	IRELAND
Beethoven Funding Corporation	NEW YORK
BERGA Grundstücks-Verwaltungsgesellschaft mbH & Co. KG	GERMANY
Bergwitzer Braunkohle AG	GERMANY
BERNESE ASSICURAZIONI Compagnia Italo Svizzera di Assicurazioni S.p.A.	ITALY
Bernese Assicurazioni Finanziaria S.p.A.	ITALY
BERNESE VITA SPA	ITALY
Bettercare Group Limited	UNITED KINGDOM
BFC Berliner Film Companie Beteiligungsgesellschaft mbH	GERMANY
BFC Berliner Film Companie CoP GmbH	GERMANY

Exhibit 8.1 Fiscal year 2005

BFC Berliner Film Companie Distribution GmbH	GERMANY
BFC Berliner Film Companie Produktions GmbH	GERMANY
BIC	BRAZIL
Bilan Services S.N.C.	FRANCE
BIP Arbitrage-Gesellschaft mbH i. L.	GERMANY
Blohm + Voss international GmbH	GERMANY
BMM AUDACE	FRANCE
BMM HARMONIE	FRANCE
Borgo San Felice S.r.l.	ITALY
Borrowdale Nominees Ltd	UNITED KINGDOM
Bosphorus Capital Limited	IRELAND
Botanic Building S.A.	BELGIUM
Bridge Re Limited	MASSACHUSETTS
British Financial Union Ltd	UNITED KINGDOM
British Reserve Insurance Co. Ltd.	UNITED KINGDOM
Buizerlann	NETHERLANDS
Bulgaria Net Co. Ltd.	BULGARIA
Bureau d’Expertises Despretz S.A.	BELGIUM
Bürgel Beteiligungs GmbH	GERMANY
Bürgel Erfurt Beteiligungsgesellschaft mbH	GERMANY
Bürgel Erfurt GmbH & Co. KG	GERMANY
Bürgel Wirtschaftsinformationen AG Zürich	SWITZERLAND
Bürgel Wirtschaftsinformationen GmbH & Co. KG	GERMANY
Bürgel Wirtschaftsinformationen Hamburg GmbH	GERMANY
Bürgel Wirtschaftsinformationen Vertriebsges. mbH & Co. KG	GERMANY
Bürgel Wirtschaftsinformationen Verwaltungs-GmbH	GERMANY
business lounge GmbH	AUSTRIA
BVB PEF GmbH	GERMANY
C. F. Erste Beteiligungsgesellschaft mbH	GERMANY
Calypso S.A.	FRANCE
Camat	FRANCE
CAP	FRANCE
CAPEX	FRANCE
Carene	FRANCE
Carwood Holdings II Inc.	DELAWARE
Casas del Toqui S.A.	CHILE
Caywood Scholl Capital Management LLC	DELAWARE
CCB Zweite FraMü Beteiligungs GmbH	GERMANY
CERT Zertifizierungsgesellschaft mbH	GERMANY
Challenging Financial Careers Insurance Marketing Corp.	CALIFORNIA
Château Larose Trintaudon S.A.	FRANCE
Chicago Auto Insurance Service Inc.	ILLINOIS
Chicago Insurance Company	ILLINOIS
CIC Allianz Insurance Ltd.	AUSTRALIA
City of Westminster Insurance Company Ltd.	UNITED KINGDOM
Claims Consultancy & Investigation Services Limited	IRELAND
Classic Finance BV	NETHERLANDS
Classic I Netherlands Limited	NETHERLANDS
Classic III Netherlands Limited	NETHERLANDS
Club Marine Limited	AUSTRALIA

Exhibit 8.1 Fiscal year 2005

Codinf Services	FRANCE
Cogar	FRANCE
Colseguros Capitalizacion	COLOMBIA
Colseguros Generales S.A.	COLOMBIA
Colseguros Vida S.A.	COLOMBIA
Colserauto	COLOMBIA
Commercial Bank Allianz Bulgaria Ltd.	BULGARIA
Commerzbank_LEBENCO_Fonds	GERMANY
Compagnie d’Assurance de Protection Juridique S.A.	SWITZERLAND
Compagnie de Gestion et Prevoyance	FRANCE
Compagnie Financière pour la Réalisation d’Opérations Immobilières “COFIDIM”	FRANCE
Companhia de Seguros Allianz Portugal S.A.	PORTUGAL
Compania Colombiana De Inversion Colseguros S.A.	COLOMBIA
Coparc	FRANCE
Cornhill Investment Properties (Reigate) Ltd.	UNITED KINGDOM
Cornhill Trustee (Guernsey) Ltd.	UNITED KINGDOM
Cornhill Unit Trust Managers Ltd.	UNITED KINGDOM
Corporate Secretaries (Jersey) Ltd	UNITED KINGDOM
Corporate Services (Guernsey) Ltd	UNITED KINGDOM
Corsetec	BRAZIL
COTINCO Consultora Técnica Industrial y Commercial S.A.	MEXICO
Crédito Argentino Germánico SA	ARGENTINA
Crédito Germánico S.A.	URUGUAY
CreditRas Assicurazioni S.p.A.	ITALY
CreditRas Vita S.p.A.	ITALY
Crop Growers Corporation	DELAWARE
Cros Belcher Investissements	FRANCE
DARTA SAVING LIFE ASSURANCE LTD.	IRELAND
DBI Insurance Company Ltd.	UNITED KINGDOM
DBI_HK1_827_Fonds	GERMANY
DBI-BSK Rentenfonds	GERMANY
dbi-BSK Rentenfonds Plus	GERMANY
DBI-FONDS ADPF1	GERMANY
DBI-FONDS ADPF2	GERMANY
dbi-Fonds DAV	GERMANY
dbi-Fonds DF	GERMANY
dbi-Fonds MAXIMILIAN	GERMANY
dbi-Fonds Ostfriesland	GERMANY
dbi-Fonds WE	GERMANY
DDS Dresdner Direktservice GmbH	GERMANY
DEGI Beteiligungs GmbH	GERMANY
DEGI Deutsche Gesellschaft für Immobilienfonds mbH	GERMANY
DEGI Schweden AB	SWEDEN
Delaware Valley Financial Services	DELAWARE
Deutsche Außenhandels-Gesellschaft mbH	GERMANY
Deutsche Lebensversicherungs-AG	GERMANY
Deutscher Investment-Trust Gesellschaft für Wertpapieranlagen mbH	GERMANY
DFV Deutsche Fonds- und Vorsorgeberatungs GmbH	GERMANY

Exhibit 8.1 Fiscal year 2005

Dieznet Comercio Eloctrónico SA	SPAIN
DIMENSIONE S.R.L	ITALY
DIT-FONDS ALSI	GERMANY
DIT-Fonds APAV	GERMANY
DIT-Fonds APKE	GERMANY
DIT-FONDS EEE	GERMANY
DIT-FONDS PV-RD	GERMANY
DK Capital Advisory Services (India) Private Ltd	INDIA
DKNA Phoenix LLC	DELAWARE
Donator Beteiligungsverwaltung GmbH	GERMANY
DOUBL ‘ ACTIV 2008 L	FRANCE
DR Gesellschaft für Diagnostik und Rehabilitation mbH	GERMANY
Dr. Dr. Heissmann GmbH Unternehmensberatung für Versorgung & Vergütung	GERMANY
Draudimo kompanija NERIS UAB	LITHUANIA
DRCM ENTREVAL	FRANCE
Dreiunddreißigste DRESIB Beteiligungs-Gesellschaft mbH	GERMANY
Dreiundzwanzigste DRESIB Beteiligungs-Gesellschaft mbH	GERMANY
Dreizehnte FraMü Beteiligungs GmbH	GERMANY
Dresdner Advisors LLC	DELWARE
Dresdner Asset Management Ltd	SINGAPORE
Dresdner Bank (Hungaria) Rt.	HUNGARY
Dresdner Bank (Schweiz) AG	SWITZERLAND
Dresdner Bank AG	GERMANY
Dresdner Bank Berlin Immobilien-Service GmbH	GERMANY
Dresdner Bank Brasil SA Banco Múltiplo	BRAZIL
Dresdner Bank Gestions France S.A.	FRANCE
Dresdner Bank Lateinamerika AG	GERMANY
Dresdner Bank Luxembourg S.A.	LUXEMBOURG
Dresdner Bank Polska S.A.	POLAND
Dresdner Bank ZAO	RUSSIAN FEDERATION
Dresdner Capital LLC I	DELAWARE
Dresdner Capital LLC II	DELAWARE
Dresdner Capital LLC III	DELAWARE
Dresdner Capital LLC IV	DELAWARE
Dresdner Capital LLC V	DELAWARE
Dresdner Capital LLC VI Wilmington/Delaware	DELAWARE
Dresdner Capital LLC VII	DELAWARE
Dresdner Corporate Finance GmbH	GERMANY
Dresdner Finance BV	NETHERLANDS
Dresdner Finanzberatungsgesellschaft mbH	GERMANY
Dresdner Finanziaria SpA	ITALY
Dresdner Forfaitierungs Aktiengesellschaft	SWITZERLAND
Dresdner Fund Administration (Cayman) Ltd	CAYMAN ISLANDS
Dresdner Investments (UK) Ltd	UNITED KINGDOM
Dresdner Kleinwort Benson North America Inc	DELAWARE
Dresdner Kleinwort Benson Private Equity Partner LP	NEW YORK
Dresdner Kleinwort Capital 2001 LLC	DELAWARE
Dresdner Kleinwort Capital Beratungs GmbH	GERMANY
Dresdner Kleinwort Capital Investment Company Ltd	UNITED KINGDOM

Exhibit 8.1 Fiscal year 2005

Dresdner Kleinwort Capital Investment Trust Ltd	UNITED KINGDOM
Dresdner Kleinwort Capital Italia Beteiligungsverwaltung GmbH	GERMANY
Dresdner Kleinwort Capital Jersey Ltd	UNITED KINGDOM
Dresdner Kleinwort Capital LLC	NEW YORK
Dresdner Kleinwort Capital Partners 2001 Limited Partnership	DELAWARE
Dresdner Kleinwort Capital Partners I LLC	UNITED KINGDOM
Dresdner Kleinwort Capital UK Ltd	UNITED KINGDOM
Dresdner Kleinwort Capital Ventures Management Ltd	UNITED KINGDOM
Dresdner Kleinwort Capital Verwaltungs GmbH	GERMANY
Dresdner Kleinwort Holdings Inc	NEW YORK
Dresdner Kleinwort Wasserstein (Argentina) SA	BRAZIL
Dresdner Kleinwort Wasserstein (Canada) Ltd	CANADA
Dresdner Kleinwort Wasserstein (China) Ltd	HONG KONG
Dresdner Kleinwort Wasserstein (DRC) Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein (Hong Kong) Ltd	HONG KONG
Dresdner Kleinwort Wasserstein (Japan) Limited	HONG KONG
Dresdner Kleinwort Wasserstein (LBDP) Holdings Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein (LBDP) Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein (Services) Inc	PANAMA
Dresdner Kleinwort Wasserstein (South East Asia) Ltd.	SINGAPORE
Dresdner Kleinwort Wasserstein Advisory Services (Thailand) Ltd	THAILAND
Dresdner Kleinwort Wasserstein Asesorias y Inversiones Chile Ltda	CHILE
Dresdner Kleinwort Wasserstein Australia (Securitisation) Pty Ltd	AUSTRALIA
Dresdner Kleinwort Wasserstein Australia Ltd	AUSTRALIA
Dresdner Kleinwort Wasserstein Beteiligungs-Gesellschaft mbH	GERMANY
Dresdner Kleinwort Wasserstein Derivative Investments Limited	UNITED KINGDOM
Dresdner Kleinwort Wasserstein do Brasil s/c Ltda	BRAZIL
Dresdner Kleinwort Wasserstein Equipment LLC	DELAWARE
Dresdner Kleinwort Wasserstein Europe Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Finance BV	NETHERLANDS
Dresdner Kleinwort Wasserstein Finance EURL	FRANCE
Dresdner Kleinwort Wasserstein Finance Inc.	NEW YORK
Dresdner Kleinwort Wasserstein France SAS	FRANCE
Dresdner Kleinwort Wasserstein Grantchester Securities Inc.	DELAWARE
Dresdner Kleinwort Wasserstein Group Inc	DELAWARE
Dresdner Kleinwort Wasserstein Group Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Inc.	DELAWARE
Dresdner Kleinwort Wasserstein Leasing December (1) Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing December (11) Limited	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing December (13) Limited	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing December (2) Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing December (3) Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing December (4) Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing December (5) Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing December (6) Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing December 10 Limited	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing December 12 Limited	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing December 14 Limited	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing December 15 Limited	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing December 7 Limited	UNITED KINGDOM

Exhibit 8.1 Fiscal year 2005

Dresdner Kleinwort Wasserstein Leasing December 8 Limited	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing December 9 Limited	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing Inc	DELAWARE
Dresdner Kleinwort Wasserstein Leasing June (2) Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing June (3) Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing March (2) Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing March (3) Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing September (1) Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing September (3) Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing September (4) Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Leasing September (5) Limited	UNITED KINGDOM
Dresdner Kleinwort Wasserstein LLC	RUSSIAN FEDERATION
Dresdner Kleinwort Wasserstein Ltd.	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Metals Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Online Ventures Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Overseas Employees Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Overseas Holdings plc	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Partnership 2001 Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Property Management & Services Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Research (Malaysia) SDN BHD	MALAYSIA
Dresdner Kleinwort Wasserstein Research GmbH	GERMANY
Dresdner Kleinwort Wasserstein Securities (Asia) Holdings Ltd.	HONG KONG
Dresdner Kleinwort Wasserstein Securities (Asia) Ltd	HONG KONG
Dresdner Kleinwort Wasserstein Securities (Australia) Pty Ltd	AUSTRALIA
Dresdner Kleinwort Wasserstein Securities (India) Private Ltd	INDIA
Dresdner Kleinwort Wasserstein Securities France SA	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Securities LLC	DELAWARE
Dresdner Kleinwort Wasserstein Securities Ltd	UNITED KINGDOM
Dresdner Kleinwort Wasserstein Services LLC	DELAWARE
Dresdner Kleinwort Wasserstein Servicios y Asesorias Ltda	COTE D’IVOIRE
Dresdner Kleinwort Wasserstein sp.z.o.o.	RUSSIAN FEDERATION
Dresdner Mezzanine GmbH & Co. KG	GERMANY
Dresdner Private Placement GmbH	GERMANY
Dresdner RCM Global Investors (Jersey) Ltd	UNITED KINGDOM
Dresdner Securitized Products GmbH	GERMANY
Dresdner U.S. Finance Inc	DELAWARE
Dresdner UK Investments 2 B.V.	NETHERLANDS
Dresdner UK Investments N.V.	NETHERLANDS
Dresdner Versicherung GmbH	GERMANY
dresdnerbank investment management Kapitalanlagegesellschaft mbH	GERMANY
Dritte SIB Beteiligungs-Aktiengesellschaft	GERMANY
DrKW Commodity Trading I Inc.	DELAWARE
DrKW Delaware Funding Inc.	DELAWARE
DRKW EIV Manager Inc.	DELAWARE
DrKW Equipment Finance Ltd	UNITED KINGDOM
DrkW Equity Trading I Inc.	DELAWARE
DrKW Funding Inc.	DELAWARE

Exhibit 8.1 Fiscal year 2005

DrKW Funding LLC	DELAWARE
DrKW FX Trading I Inc.	DELAWARE
DrKW Holdings II	WILMINGTON
DrKW Holdings III Inc.	DELAWARE
DrKW Holdings LLC	WILMINGTON
DrKW Pfandbriefe Investments Inc.	DELAWARE
DrKW Rates Trading II Inc.	DELAWARE
DrKW Services (Guernsey) Ltd.	UNITED KINGDOM
DrKW Standby Nominees Ltd	UNITED KINGDOM
DrKW Trading Holdings LLC	DELAWARE
DrKW Trading Inc.	DELAWARE
DrKWS Nominees Ltd	UNITED KINGDOM
E.U.R.L. CACHACAG	FRANCE
E.U.R.L. D.O.F.	FRANCE
Einunddreißigste DRESIB Beteiligungs-Gesellschaft mbH	GERMANY
Elco Leasing Ltd	UNITED KINGDOM
ELF Technologies Limited	IRELAND
ELVIA Assistance GmbH	AUSTRIA
ELVIA Assistance Kft. (Ltd.)	HUNGARY
ELVIA Assistance s.r.o.	CZECH REPUBLIC
ELVIA ASSISTANCE SP. Z O.O.	POLAND
ELVIA Reiseversicherungs-Gesellschaft AG	SWITZERLAND
ELVIA Travel Insurance International N.V.	NETHERLANDS
ELVIASEG S.A. De Seguros y Reaseguros de Riesgos Diversos Sociedad Unipersonal	SPAIN
Emerald Global Inv.	FRANCE
Empresa de Inversiones S.A.	PERU
Energy Insurance Company Ltd.	BULGARIA
Entenial Dynamisme	FRANCE
Entenial Equilibre	FRANCE
Entenial Serenite	FRANCE
EP Euro-Projektentwicklungs GmbH & Co. Friedrichstadt-Passagen KG	GERMANY
EP Euro-Projektentwicklungs GmbH & Co. Objekt 1 KG	GERMANY
EP Euro-Projektentwicklungs GmbH & Co. Objekt Am Markt Chemnitz KG	GERMANY
EP Euro-Projektentwicklungs GmbH & Co. Objekt Köln-Porz KG	GERMANY
EP Euro-Projektentwicklungs-Verwaltungs GmbH	GERMANY
Erste DRESIB Beteiligungs-Gesellschaft mbH	GERMANY
Erste FraMü Beteiligungs GmbH	GERMANY
esa EuroShip Assekuradeurgesellschaft mbH & Co. KG	GERMANY
ETI First Source Limited	UNITED KINGDOM
ETI Australia Pty Ltd.	AUSTRALIA
ETI International Limited	UNITED KINGDOM
ETI Property Limited	UNITED KINGDOM
ETI Sales Limited	UNITED KINGDOM
Etoile Foncière et Immobilière S.A.S.U.	FRANCE
Euler & Hermes International Centre Limited	UNITED KINGDOM
Euler Agent Limited	UNITED KINGDOM
Euler American Credit Indemnity Mexico	MEXICO
Euler do Brasil Seguros Exportacao	BRAZIL

Exhibit 8.1 Fiscal year 2005

Euler Gestion	FRANCE
Euler Hermes ACI Holding	NEW YORK
Euler Hermes ACI Inc.	MARYLAND
Euler Hermes ACI Services LLP	MARYLAND
Euler Hermes ACMAR Services	MOROCCO
Euler Hermes Anna Kozinska—Kancelaria Prawna sp.k.	POLAND
Euler Hermes Beteiligungen GmbH	GERMANY
Euler Hermes Cashflow Solutions Limited	UNITED KINGDOM
Euler Hermes Cescob Service s.r.o.	CZECH REPUBLIC
Euler Hermes Cescob uverová pojistovna a.s.	CZECH REPUBLIC
Euler Hermes Collections UK Limited	UNITED KINGDOM
EULER HERMES CREDIT INSURANCE AGENCY (S) PTE. LTD.	SINGAPORE
EULER HERMES CREDIT INSURANCE BELGIUM S.A.	BELGIUM
Euler Hermes Credit Services (JP) Ltd.	JAPAN
Euler Hermes Credit Underwriters Hong Kong Ltd.	CHINA
Euler Hermes Crédito Compañía de Seguros y Reaseguros S.A.	SPAIN
EULER HERMES EMPORIKI SA	GREECE
EULER HERMES EMPORIKI Services Ltd.	GREECE
Euler Hermes Forderungsmanagement GmbH	GERMANY
Euler Hermes Gesellschaft für Finanzdienstleistungen mbH	GERMANY
Euler Hermes Gesellschaft für Informationsdienstleistungen mbH	GERMANY
Euler Hermes Guarantee plc.	UNITED KINGDOM
Euler Hermes Holdings UK plc	UNITED KINGDOM
Euler Hermes Interborg N.V.	NETHERLANDS
Euler Hermes International Ltd.	UNITED KINGDOM
Euler Hermes Kreditförsäkring Norden AB	SWEDEN
Euler Hermes Kreditversicherungs-AG	GERMANY
Euler Hermes Kreditverzekering N.V.	NETHERLANDS
Euler Hermes Magyar Hitelbiztosító Rt.	HUNGARY
Euler Hermes Magyar Követeleskezelö Kft.	HUNGARY
Euler Hermes Rating GmbH	GERMANY
Euler Hermes Risk Management Verwaltungs-GmbH	GERMANY
Euler Hermes Risk Services UK Limited	UNITED KINGDOM
Euler Hermes Riskmanagement GmbH & Co. KG	GERMANY
Euler Hermes S.A.	FRANCE
Euler Hermes Seguros de Crédito S.A.	BRAZIL
Euler Hermes Seguros de Crédito S.A.	MEXICO
Euler Hermes Services (HK) Limited	HONG KONG
Euler Hermes Services AG	SWITZERLAND
Euler Hermes Services B.V.	NETHERLANDS
Euler Hermes Services Baltic UAB	LITHUANIA
Euler Hermes Services Belgium S.A.	BELGIUM
Euler Hermes Services Estonia OÜ	ESTONIA
Euler Hermes Services Latvija SIA	LATVIA
Euler Hermes Services S.A.S.	FRANCE
Euler Hermes Servicii Financiare	ROMANIA
Euler Hermes Servicios de Crédito S.L.	SPAIN
Euler Hermes Servicos Ltda	BRAZIL
Euler Hermes Servis s.r.o.	SLOVAKIA (Slovak Republic)
Euler Hermes SFAC Crédit S.A.S.	FRANCE

Exhibit 8.1 Fiscal year 2005

Euler Hermes SFAC Recouvrement S.A.S.	FRANCE
Euler Hermes SFAC S.A.	FRANCE
Euler Hermes SIAC S.p.A.	ITALY
EULER HERMES SIAC S.P.A.	ITALY
Euler Hermes UK plc	UNITED KINGDOM
Euler Hermes Versicherungsbeteiligungen GmbH	GERMANY
Euler Hermes Zarzadzanie Ryzkiem Sp. z o.o.	POLAND
Euler Incorporation Inc.	MARYLAND
Euler Re	LUXEMBOURG
Euler SFAC Asset Management	FRANCE
Euler Tech	FRANCE
Euler UK Group Services Limited	UNITED KINGDOM
Eurl 20/22 Le Peletier	FRANCE
EURL 2D3	FRANCE
EURL B Anat	FRANCE
EURL BTKM	FRANCE
EURL COLLEGE CLERC	FRANCE
EURL Livi Développement	FRANCE
EURL PL	FRANCE
EURL RM ARROUX	FRANCE
EURL ROCHER STE HELENE	FRANCE
EURL SARL du Rocher St. Hélène	FRANCE
EURL SARL Pascale	FRANCE
Euro Drukker Beheer B.V.	NETHERLANDS
EURO GESTION	FRANCE
Europe Reinsurance SA	LUXEMBOURG
European Credit Underwriters Limited	UNITED KINGDOM
European Properties Inc Ltd	UNITED KINGDOM
European Venture Partners (General Partner) Ltd	UNITED KINGDOM
European Venture Partners (Holdings) Ltd	UNITED KINGDOM
European Venture Partners (Israel) Limited	UNITED KINGDOM
European Venture Partners (Sweden) AB	UNITED KINGDOM
European Venture Partners LP	UNITED KINGDOM
European Venture Partners Ltd	UNITED KINGDOM
Eurotax Garantie AG	SWITZERLAND
Eurovida S.A. Compañía de Seguros y Reaseguros	SPAIN
F.C.C. LOGIFIX	FRANCE
FAF Inc.	CAYMAN ISLANDS
FAI Allianz Ltd	AUSTRALIA
Failure & Risk Consulting GmbH	GERMANY
Fenchurch Fiduciaries Ltd	UNITED KINGDOM
Fenchurch Finance Ltd	UNITED KINGDOM
Fenchurch International Holdings Ltd	UNITED KINGDOM
Fenchurch Nominees (Singapore) Pte Ltd	SINGAPORE
Fenchurch Nominees Ltd	UNITED KINGDOM
Fenchurch Nominees Ltd	UNITED KINGDOM
Fenchurch Properties Ltd	UNITED KINGDOM
Fenchurch Trust Ltd	UNITED KINGDOM
Fendrake Ltd	UNITED KINGDOM
Fenix Directo Compania de Seguros y Reaseguros S.A.	SPAIN

Exhibit 8.1 Fiscal year 2005

FFIC of Bermuda	BERMUDA
FIF Sudameris Finance Shares	BRAZIL
Financiere AGF	FRANCE
Financière et Foncière Européenne	FRANCE
Financière Galilée	FRANCE
Financière Ile de France	FRANCE
Finanztrust AG	GERMANY
Finnish Credit Insurance Company Ltd.	FINLAND
Fireman’s Fund Agribusiness Inc.	MONTANA
Fireman’s Fund Financial Services	TEXAS
Fireman’s Fund Indemnity Corporation	NEW JERSEY
Fireman’s Fund Insurance Company	CALIFORNIA
Fireman’s Fund Insurance Company of Georgia	GEORGIA
Fireman’s Fund Insurance Company of Hawaii Inc.	HAWAII
Fireman’s Fund Insurance Company of Louisiana	LOUISANA
Fireman’s Fund Insurance Company of Missouri	MISSOURI
Fireman’s Fund Insurance Company of Nebraska	NEBRASKA
Fireman’s Fund Insurance Company of Ohio	OHIO
First Building Management Company Ltd.	KOREA, REPUBLIC OF
First Call Direct Limited	IRELAND
First Rate Direct Limited	UNITED KINGDOM
Fitrust Fiduciaire et Trustee SA	SWITZERLAND
FLORALIS	FRANCE
Foncias Iart S.A.	BURKINA FASO
Foncias vie S.A.	BURKINA FASO
Fondsdepot Bank GmbH	GERMANY
Foreign Holdings Ltd	UNITED KINGDOM
Four Seasons (JDM) Ltd. Wilmslow (former: Four Seasons Health Care Ltd.	GERMANY
Four Seasons Health Care Jersey	UNITED KINGDOM
Four Seasons Health Care Limited	UNITED KINGDOM
FRAGONARD ASSURANCE	FRANCE
FRANCE SECOURS INTERNATIONAL ASSISTANCE S.A.	FRANCE
Frank Nominees Ltd	UNITED KINGDOM
Frankfurter Versicherungs-AG (was merged in January 2006 retroactively effective October 1, 2005 into Allianz Versicherungs-AG)	GERMANY
FS2A S.A.	FRANCE
Fünfzehnte FraMü Beteiligungs GmbH	GERMANY
FV PEF GmbH	GERMANY
G.I.T. Uniphénix	FRANCE
Gaipare Action	FRANCE
Gaipare Diffusion	FRANCE
GamePlan Financial Marketing LLC	ILLINOIS
Gamma-Vermögensverwaltungsgesellschaft mbH	GERMANY
Garantiefonds 1992	NETHERLANDS
Garantiefonds 1993	NETHERLANDS
GAVD Gesellschaft für Altersvorsorge-Dienstleistungen mbH	GERMANY
GbR Berlin Pariser Platz 5a/6	GERMANY
GE.SI Gestione Sistemi Informatici S.p.c.A.	ITALY
Générale Viagère	FRANCE

Exhibit 8.1 Fiscal year 2005

Generali Invest	FRANCE
Generation Vie	FRANCE
GENIALLOYD S.p.A.	ITALY
GENUJO LOK Beteiligungs GmbH	GERMANY
GENUJO Sechste Beteiligungs GmbH	GERMANY
GENUJO Vierte Beteiligungs GmbH	GERMANY
GERUSIA Grundstücks-Verwaltungsgesellschaft mbH & Co. KG	GERMANY
Gesellschaft für Vorsorgeberatung	SWITZERLAND
Gestiass S.r.l.	ITALY
GIE Groupe Dresdner KB France	FRANCE
GIE Placements d’Assurances	FRANCE
GIE Victoria Aéronautique	FRANCE
GIM Grundwert Immobilien Management GmbH	GERMANY
GKB (General Partner) Limited	UNITED KINGDOM
Golden Gate Reinsurance Company Limited	BERMUDA
Grafton Properties Limited	IRELAND
Grosvenor Kleinwort Benson Residential Ltd.	UNITED KINGDOM
Groupe Mondial Assistance	SWITZERLAND
Groupe Saint Thomas	FRANCE
Grundstücksgesellschaft der Vereinten Versicherungen mbH	GERMANY
Grundstücksgesellschaft der Vereinten Versicherungen mbH & Co. Besitz— und Betriebs KG	GERMANY
Grundstücks-Gesellschaft mbH	GERMANY
GTS—GESTION DE TELESECURITE ET DE SERVICES S.A.	FRANCE
Guernsey Nominees Ltd	UNITED KINGDOM
GVP Grundwert Verwaltungs— und Projektentwicklungs GmbH	GERMANY
H.V. Gestion	FRANCE
Hamudi S.A.	FRANCE
HANSA-Bau-Gesellschaft mbH	GERMANY
Hardy Beteiligungs-Gesellschaft mbH	GERMANY
Hauteville Insurance Company Limited	UNITED KINGDOM
Havelaar et Van Stolk B.V.	NETHERLANDS
Heissmann Consultants (Ireland) Ltd.	IRELAND
Heissmann Consultants B.V.	NETHERLANDS
HEISSMANN CONSULTANTS GMBH	AUSTRIA
Heissmann Consultants Holding GmbH	GERMANY
HEISSMANN CONSULTANTS INTERNATIONAL GMBH	GERMANY
Heissmann Consultants SARL	SWITZERLAND
HELVIASS Verzekeringen BV	NETHERLANDS
HERMES & EULER CREDIT INSURANCE AGENCY (S) PTE LTD.	SINGAPORE
Hermes e-Business GmbH	GERMANY
Herradura Ltd	UNITED KINGDOM
Hilary Nominees Ltd	UNITED KINGDOM
Hilary Street Properties Ltd	UNITED KINGDOM
Histel Beteiligungs GmbH	GERMANY
Holland Amerika Fonds N.V.	NETHERLANDS
Holland Beleggingsgroep B.V.	NETHERLANDS
Holland Bewaarbedrijf B.V.	NETHERLANDS
Holland Dollar Fonds	NETHERLANDS
Holland Europe Fund N.V.	NETHERLANDS

Exhibit 8.1 Fiscal year 2005

Holland Fund	NETHERLANDS
Holland Internationaal Rentefo	NETHERLANDS
Holland Obligatie Fonds	NETHERLANDS
Holland Pacific Fund N.V.	NETHERLANDS
Holland Selectie Fonds	NETHERLANDS
Holland Stallings Rekening	NETHERLANDS
Holland Wereld Fonds N.V.	NETHERLANDS
Home Management Inc.	BELIZE
Honeywell Grundbesitzverwaltungs-GmbH & Co. Vermietungs-KG	GERMANY
Hungária Biztosító Rt. Szolgáltató és Ellátó Kft. (Betriebs— und Versorgungs-GmbH)	HUNGARY
Hungária Biztosító Számitástechnikai Kft. (Hungária EDV-Betriebsgesellschaft mbH)	HUNGARY
Hunter Premium Funding Ltd.	AUSTRALIA
IDS GmbH—Analysis and Reporting Services	GERMANY
Immovalor Gestion S.A.	FRANCE
Informatica Y Servicios Financieros S.A. (Insesa)	SPAIN
Inmobiliaria Driavena	VENEZUELA
Insolvency Risk Insurance Services Limited	UNITED KINGDOM
Insolvency Risk Management Limited	UNITED KINGDOM
Insurance Joint Stock Company “Allianz”	RUSSIAN FEDERATION
Intermediass S.r.l.	ITALY
International Film Guarantors Inc.	CALIFORNIA
International Film Guarantors LLC	CALIFORNIA
International Film Guarantors Ltd.	UNITED KINGDOM
International Film Guarantors Reinsurance Ltd.	BERMUDA
Interstate Fire & Casualty Company	ILLINOIS
Interstate Indemnity Company	ILLINOIS
Interstate National Corporation	ILLINOIS
Interstate National Corporation of Texas	TEXAS
INVCO SAS	FRANCE
Inveresk Stockholders Ltd	UNITED KINGDOM
INVESTITORI HOLDING SPA	ITALY
INVESTITORI SGR S.p.a.	ITALY
INVESTITORI SWISS	SWITZERLAND
Ionia Capital	IRELAND
ITEB B.V.	NETHERLANDS
J.P. Morgan PUTTERs/DRIVERs Trust	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 1000	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 1012	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 1200	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 735	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 742	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 744	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 768	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 781	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 792	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 795	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 804	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 808	NEW YORK

Exhibit 8.1 Fiscal year 2005

J.P. Morgan PUTTERs/DRIVERs Trust Series 825	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 826	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 831	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 838	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 842	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 846	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 848	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 868	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 882	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 958	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 965	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 967	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 975	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 976	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 977	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 996	NEW YORK
J.P. Morgan PUTTERs/DRIVERs Trust Series 999	NEW YORK
JeffCo Management Company Inc.	NEW JERSEY
Jefferson Insurance Company of N.Y.	NEW YORK
Johneve Ltd.	UNITED KINGDOM
Jota-Vermögensverwaltungsgesellschaft mbH	GERMANY
Justine Capital inc.	ITALY
K.B.I.M. Overseas BV	NETHERLANDS
KB (C.I.) Nominees Ltd	UNITED KINGDOM
KBEMF (GP) Ltd	UNITED KINGDOM
KBEMF II (Guernsey) Ltd	UNITED KINGDOM
KBG Immobilier SA	FRANCE
KBIM (IT) Nominees Ltd	UNITED KINGDOM
KBIM General Nominees Ltd	UNITED KINGDOM
KBIM International Ltd	UNITED KINGDOM
KBIM Standby Nominees Ltd	UNITED KINGDOM
KB-LPL Holdings Inc	NEW YORK
KB-LPL Inc	UNITED STATES
KBPB Holdings Ltd.	UNITED KINGDOM
KEVA spol.	SLOVAKIA (Slovak Republic)
Kléber Lamartine S.A.S.	FRANCE
Kléber Passy S.A.S.	FRANCE
Kleinwort Benson (Channel Islands) Business Services Limited	UNITED KINGDOM
Kleinwort Benson (Channel Islands) Corporate Services Limited	UNITED KINGDOM
Kleinwort Benson (Channel Islands) Fund Services Limited	UNITED KINGDOM
Kleinwort Benson (Channel Islands) Investment Management Limited	UNITED KINGDOM
Kleinwort Benson (Channel Islands) Ltd.	UNITED KINGDOM
Kleinwort Benson (Channel Islands) Pension Trustees Limited	UNITED KINGDOM
Kleinwort Benson (Channel Islands) Trustees Limited	UNITED KINGDOM
Kleinwort Benson (Geneva) Trustee SA	SWITZERLAND
Kleinwort Benson (Guernsey) Corporate Services Limited	UNITED KINGDOM
Kleinwort Benson (Guernsey) Ltd	UNITED KINGDOM
Kleinwort Benson (Guernsey) Services Ltd	UNITED KINGDOM
Kleinwort Benson (Guernsey) Trustees (1997) Limited	UNITED KINGDOM

Exhibit 8.1 Fiscal year 2005

Kleinwort Benson (Guernsey) Trustees Ltd	UNITED KINGDOM
Kleinwort Benson (Hong Kong) Trustees Ltd	HONG KONG
Kleinwort Benson (Jersey) Asset Managers Ltd	UNITED KINGDOM
Kleinwort Benson (Jersey) Fund Services Limited	UNITED KINGDOM
Kleinwort Benson (Jersey) Services Ltd	UNITED KINGDOM
Kleinwort Benson (Jersey) Trustees Ltd	UNITED KINGDOM
Kleinwort Benson (US) Asset Managers LLC	DELAWARE
Kleinwort Benson (USA) Inc.	NEW YORK
Kleinwort Benson Australia (Holdings) Ltd	AUSTRALIA
Kleinwort Benson Belgium SA	BELGIUM
Kleinwort Benson Channel Islands Holdings Ltd.	UNITED KINGDOM
Kleinwort Benson China Management Ltd	HONG KONG
Kleinwort Benson Cross Financing Inc	NEW YORK
Kleinwort Benson Cross Financing Ltd	UNITED KINGDOM
Kleinwort Benson Farmland Trust (Managers) Ltd	UNITED KINGDOM
Kleinwort Benson Financial Services Ltd	UNITED KINGDOM
Kleinwort Benson Financière SA i. L.	SWITZERLAND
Kleinwort Benson Gilts Ltd	UNITED KINGDOM
Kleinwort Benson International Trust Corporation	UNITED KINGDOM
Kleinwort Benson International Trustees Ltd	UNITED KINGDOM
Kleinwort Benson Investment Holdings Australia Pty Ltd	AUSTRALIA
Kleinwort Benson Investment Management Americas Inc	NEW YORK
Kleinwort Benson Private Bank Limited	UNITED KINGDOM
Kleinwort Benson Trustees Ltd	UNITED KINGDOM
Kleinwort Benson Unit Trusts Ltd	UNITED KINGDOM
Kleinwort Capital Partners General Partner 1 Ltd.	UNITED KINGDOM
KNIGHTSBRIDGE ALLIANZ LP	NEW YORK
Knowlfa Ltd	UNITED KINGDOM
KOMMATA Verwaltungsgesellschaft mbH & Co. KG	GERMANY
KTC Kommunikations— und Trainings-Center Königstein GmbH	GERMANY
L.A. PARTECIPAZIONI e SERVIZI	ITALY
LA FIN SIM S.P.A.	ITALY
LA PEYRADE	FRANCE
LA RURALE	FRANCE
LA VITA	ITALY
Langbourn Nominees Ltd	UNITED KINGDOM
Langdale Nominees Ltd	UNITED KINGDOM
Langham Nominees Ltd	UNITED KINGDOM
Larose Trintaudon Chile S.A.	CHILE
L’Assicuratrice Italiana Danni	ITALY
L’Assicuratrice Italiana Vita S.p.A.	ITALY
LDS	ITALY
Le Profil des Profs	FRANCE
Les Assurances Fédérales IARD	FRANCE
Les Hautes Villes	FRANCE
Life Agency USA of Minnesota	MINNESOTA
Liffey Emmerald	UNITED KINGDOM
Limited Liability Company “Pazha”	RUSSIAN FEDERATION
Limited Liability Company “Plava”	RUSSIAN FEDERATION
Limited Liability Company “Polya”	RUSSIAN FEDERATION

Exhibit 8.1 Fiscal year 2005

Limited Liability Company “Professional Management Services”	RUSSIAN FEDERATION
Limited Liability Company “Sheza”	RUSSIAN FEDERATION
Limited Liability Company “Uvod”	RUSSIAN FEDERATION
Limited Liability Company “Volot”	RUSSIAN FEDERATION
Lisa Synthetic CDO	GERMANY
LLOYD ADRIATICO REAL ESTATE S.p.A.	ITALY
Lloyd Adriatico S.p.A.	ITALY
Local Market Fundo de Investimento Financeiro	BRAZIL
LOGICA SOFTWARE SRL	ITALY
London Verzekeringen N.V.	NETHERLANDS
LTCAmerica	MINNESOTA
LUFRA Beteiligungsholding AG	SWITZERLAND
Lufthansa Leasing GmbH & Co. Echo-Oscar KG	GERMANY
Lufthansa Leasing GmbH & Co. Echo-Papa KG	GERMANY
M.R. Print Management Ltd.	UNITED KINGDOM
Marlyna Ltd	UNITED KINGDOM
Martin Maurel Vie	FRANCE
Mauritius Island Mascareignes Services Assistance- MSA Ltd.	MAURITIUS
McGee Insurance Co. (Bermuda) Ltd.	BERMUDA
Medisalud Compania Colombiana de Medicina Prepagada S.A.	COLOMBIA
MEDISPAC	FRANCE
Menza Grundstücks-Verwaltungsgesellschaft mbH	GERMANY
Menza Grundstücks-Verwaltungsgesellschaft mbH & Co. KG	GERMANY
MERCOSUL	BRAZIL
MERCOSUL ASSISTANCE ARGENTINE	ARGENTINA
Merkur Grundstücks-Gesellschaft mbH	GERMANY
MERLAN Mobilien-Verwaltungsgesellschaft mbH & Co. Projekt Nr. 16 KG	GERMANY
META Finanz-Informationssysteme GmbH	GERMANY
MetallRente Pensionsfonds AG	GERMANY
MetaPhysics S.A.	SWITZERLAND
Métropole	FRANCE
Midway Insurance Company of Illinois	ILLINOIS
MMI Worksafe (Malaysia) Sdn Bhd	MALAYSIA
Mole Finance Inc.	CAYMAN ISLANDS
Mondial Assistance (UK) Limited	UNITED KINGDOM
Mondial Assistance Australia Holding Pty Ltd.	AUSTRALIA
MONDIAL ASSISTANCE B.V.	NETHERLANDS
Mondial Assistance Beijing Services Co. Ltd.	CHINA
Mondial Assistance Deutschland GmbH	GERMANY
MONDIAL ASSISTANCE FRANCE “MAF” S.A.	FRANCE
MONDIAL ASSISTANCE ITALIA S.P.A.	ITALY
Mondial Assistance Portugal—Serviços Assistencia Ldt.	PORTUGAL
Mondial Assistance S.A.S.	FRANCE
Mondial Assitance Reunion S.A.	FRANCE
MONDIAL SERVICE ITALIA S.R.L.	ITALY
MONEGER SA	SENEGAL
Monticello Insurance Co.	DELAWARE
Morris (S.P.) Holdings Ltd	UNITED KINGDOM
MTS Accounting Services Ltd	UNITED KINGDOM

Exhibit 8.1 Fiscal year 2005

Münchener und Magdeburger Agrarversicherung AG	GERMANY
Münsterländische Bank Thie & Co. KG.	GERMANY
National Surety Corporation	ILLINOIS
Nederland Hypotheekservice B.V.	NETHERLANDS
NEM Business Services Ltd.	UNITED KINGDOM
NEM Insurance Ireland	IRELAND
Nemian Life & Pensions S.A.	LUXEMBOURG
Neubar SA i. L.	SWITZERLAND
Neunte SIB Beteiligungs-Aktiengesellschaft	GERMANY
NFJ Investment Group L.P.	TEXAS
NFJ Management Inc.	DELAWARE
Nicholas Applegate Capital Management LLC	DELAWARE
Nicholas Applegate Holdings LLC	DELAWARE
Nicholas Applegate Securities International	CALIFORNIA
Nicholas Applegate Securities LLC	DELAWARE
NIXOR Grundstücks-Verwaltungsgesellschaft mbH & Co. KG	GERMANY
Noman LTD.	UNITED KINGDOM
Norman Nominees Ltd	UNITED KINGDOM
North American London Underwriters Ltd.	BERMUDA
Objekt Burchardplatz GmbH & Co. KG	GERMANY
OCC Distributors LLC	DELAWARE
OCICA	COTE D’IVOIRE
Oddo Europe Mid Cap	FRANCE
Oddo Gestion Audac	FRANCE
Oddo Gestion Equilibre	FRANCE
Oddo Quattro	FRANCE
Oddo Quattro 2	FRANCE
Oddo Valeurs Rende	FRANCE
OLB-Beteiligungsgesellschaft mbH	GERMANY
OLB-Immobiliendienst GmbH	GERMANY
OLB-Versicherungsdienst GmbH	GERMANY
Oldenburgische Landesbank AG	GERMANY
Omega Thai Investment Holding	NETHERLANDS
OpCap Advisors LLC	DELAWARE
Opernring-Hof Bau- und Betriebs-Aktiengesellschaft	AUSTRIA
Oppenheimer Capital LLC	DELAWARE
Oppenheimer Group Inc.	DELAWARE
Orbis Directors (No 1) Ltd	UNITED KINGDOM
Orbis Directors (No 2) Ltd	UNITED KINGDOM
Orbis Management Ltd	UNITED KINGDOM
Orbis Management Ltd	UNITED KINGDOM
Orbis Secretaries Jersey Ltd	UNITED KINGDOM
Orbis Tax Services Ltd	UNITED KINGDOM
Orbis Trustees Guernsey Ltd	UNITED KINGDOM
Orbis Trustees Jersey (1997) Ltd	UNITED KINGDOM
Orbis Trustees Jersey Ltd	UNITED KINGDOM
Orbis Trustees Ltd	UNITED KINGDOM
Organizacion G.o.a. S.A.	PERU
OSECA	SENEGAL
PA CD Distributors LLC	CONNETICUT

Exhibit 8.1 Fiscal year 2005

Pacific Investment Management Company LLC	DELAWARE
Pacific MMI Insurance Ltd.	PAPUA NEW GUINEA
Parc Continental Ltd	UNITED KINGDOM
Parkway Insurance Company	NEW JERSEY
Participations Gentil	FRANCE
PEA Capital LLC	NEW YORK
PEMSE S.A.	SPAIN
Personalized Brokerage Service LLC	KANSAS
Pet Plan Ltd.	UNITED KINGDOM
Peter Street Properties Ltd	UNITED KINGDOM
Petra Capital II Ltd.	GERMANY
Phenix Alternative Holding	FRANCE
Phénix Iart	SWITZERLAND
Phénix Immobilier S.N.C.	FRANCE
Phénix Kléber	FRANCE
Phénix Long Short	FRANCE
Phenix Sécurité L	FRANCE
Phénix Vie	SWITZERLAND
Philippe II S.C.I.	LUXEMBOURG
PIMCO Asia PTE Ltd.	SINGAPORE
PIMCO Australia Pty Ltd.	AUSTRALIA
Pimco Canada Corp.	CANADA
Pimco Canada Management Inc.	DELAWARE
PIMCO Europe Limited	UNITED KINGDOM
PIMCO Global Advisors (Ireland) Limited	IRELAND
PIMCO Global Advisors (Resources) Limited	CAYMAN ISLANDS
PIMCO Global Advisors Holdings BV	DELAWARE
PIMCO Global Advisors LLC	DELAWARE
PIMCO GmbH	GERMANY
PIMCO Japan Ltd.	JAPAN
PIMCO Luxembourg SA.	LUXEMBOURG
PIMCO Private Client Services LLC	DELAWARE
PIMCO Specialty Markets LLC	DELAWARE
PinacleUSA LLC	NEW JERSEY
PL Sarl	FRANCE
POLY ASSISTANCE & SERVICES S.A.	GREECE
PREVINDUSTRIA—Fiduciaria Previdenza Imprenditori S.p.A	ITALY
Prevint Gestione Servizi Previdenziali S.p.A.	ITALY
Priority Vie	FRANCE
Privatinvest AG	AUSTRIA
Professional Management Services LLC	RUSSIAN FEDERATION
Pronto Lloyd s.r.l.	ITALY
Property Nominees (Channel Islands) Ltd	UNITED KINGDOM
Protexia France S.A.	FRANCE
PT Asuransi Allianz Life Indonesia p.l.c.	INDONESIA
PT Asuransi Allianz Utama Indonesia Ltd.	INDONESIA
PTE Allianz Polska S.A.	POLAND
Quarré Holding	NETHERLANDS
Questar Capital Corporation	MICHIGAN
Quinta-Vermögensverwaltungsgesellschaft mbH	GERMANY

Exhibit 8.1 Fiscal year 2005

Quintet Properties Ltd.	IRELAND
R. B. Nominees Ltd	UNITED KINGDOM
Radian Inc.	CAYMAN ISLANDS
RAS ALTERNATIVE INVESTMENTS Società di gestione del risparmio S.p.A.	ITALY
RAS ANTARES	ITALY
RAS ASSET MANAGEMENT Società di gestione del risparmio S.p.A.	ITALY
RAS IMMOBILIARE S.R.L.	ITALY
RAS International III B.V.	NETHERLANDS
Ras International N.V.	NETHERLANDS
RAS ITALIA S.P.A.	ITALY
RAS SERVICE S.c.p.A.	ITALY
RAS Tutela Giudiziaria S.p.A.	ITALY
Rasbank (Swiss) S.A.	SWITZERLAND
Rasbank S.p.A.	ITALY
Rasfin Società di Intermediazione Mobiliare S.p.A.	ITALY
RB Fiduciaria SpA	ITALY
RB Vita S.p.A.	ITALY
RC Verwaltungs- und Beteiligungsgesellschaft mbH	GERMANY
RCM (UK) Ltd.	UNITED KINGDOM
RCM Capital Management LLC	CALIFORNIA
RCM Distiributors LLC	CALIFORNIA
RCM US Holdings LLC	CALIFORNIA
RCS Managers	FRANCE
RE-AA	COTE D’IVOIRE
Real Faubourg Haussmann SAS	FRANCE
Real FR Haussmann SAS	FRANCE
Receivable Partners Inc.	DELAWARE
Recovre Pty Ltd	AUSTRALIA
rehacare GmbH	GERMANY
Reliance Trading Co. (Liverpool) Limited	UNITED KINGDOM
Return 10	FRANCE
Reuschel & Co. Beteiligungs— und Verwaltungs GmbH	GERMANY
Reuschel & Co. Finanzservice GmbH	GERMANY
Reuschel & Co. Kommanditgesellschaft	GERMANY
Reuschel & Co. Verwaltungs GmbH	GERMANY
RHEA	LUXEMBOURG
Rhyme Jersey Limited	UNITED KINGDOM
Risikomanagement und Softwareentwicklung GmbH	AUSTRIA
Risk & Safety Services Limited	IRELAND
risklab germany GmbH	GERMANY
Riskon Aktiengesellschaft geschlossenen Typs	RUSSIAN FEDERATION
Riunione Adriatica di Sicurtà S.p.A.	ITALY
Riverbank Leasing 1 Limited	UNITED KINGDOM
Riverbank Leasing 2 Limited	UNITED KINGDOM
Riverbank Leasing 3 Limited	UNITED KINGDOM
RM ARROUX	FRANCE
Robert Benson Lonsdale & Co (Canada) Ltd	UNITED KINGDOM
Roese GmbH— Versicherungsmakler	GERMANY

Exhibit 8.1 Fiscal year 2005

Rood Nominees Ltd	UNITED KINGDOM
RVB Verwaltungs- und Beteiligungs GmbH	GERMANY
S.C. ASIT REAL ESTATE S.R.L.	ROMANIA
S.I. Rue de L’Industrie 19 S.A.	SWITZERLAND
S.I.B.I.	FRANCE
S.N.C. Haussmann Viager 1	FRANCE
S.N.C. Haussmann Viager 2	FRANCE
S.N.C. SNC Dresdner Service	FRANCE
SA Immobilière de L’Avenue du Roule	FRANCE
Sa Paindavoine	FRANCE
SAAD No. 3	CAYMAN ISLANDS
SACNAS INTERNATIONAL S.A.	FRANCE
SAFARRIV IARD S.A.	COTE D’IVOIRE
SAFARRIV VIE S.A.	COTE D’IVOIRE
SAGE SARL	FRANCE
Saint-Barth Assurances S.A.R.L.	FRANCE
San Francisco Reinsurance Company	CALIFORNIA
SARL CACHACAG	FRANCE
Sarl de l’Etoile	FRANCE
Sarl FFE	FRANCE
SARL H.B. Pergola	FRANCE
SARL L.J	FRANCE
SARL Lège	FRANCE
SARL MIDAGUIEM	FRANCE
SARL MIFRA	FRANCE
SARL MJBD	FRANCE
SAS LAENNEC	FRANCE
SAS Madeleine Opéra	FRANCE
SAT S.A.	TURKEY
SCAPI	FRANCE
Schmalbach-Lubeca Service Center N.V.	BELGIUM
SCI Atrium W9	FRANCE
SCI AVIP La Templerie	FRANCE
SCI AVIP Limas du Vieux CEP	FRANCE
SCI AVIP Marly-Saint Cyr	FRANCE
SCI AVIP Paris X	FRANCE
SCI AVIP SCPI Selection	FRANCE
SCI Bel	FRANCE
SCI Bercy W9	FRANCE
SCI Carmidaloc	FRANCE
SCI CRAM	FRANCE
SCI de Bonlieu et du lac	FRANCE
SCI Dicca	FRANCE
SCI en Presles	FRANCE
SCI Fonciere du mas de Roman	FRANCE
SCI J.T.	FRANCE
SCI Jamin	FRANCE
SCI Jelavie	FRANCE
SCI La Balandrane	FRANCE
SCI La Rize	FRANCE

Exhibit 8.1 Fiscal year 2005

SCI Ladef	FRANCE
SCI Limmo	FRANCE
SCI mediterranee distribution	FRANCE
SCI PRELLOYD	FRANCE
SCI Rhone Alpe	FRANCE
SCI Stratus	FRANCE
SCI Trescol	FRANCE
Sealdrift Ltd	UNITED KINGDOM
Sechste FraMü Beteiligungsgesellschaft mbH	GERMANY
Security Ltd.	GREECE
Semaphore	FRANCE
SF Development FCPR L	FRANCE
SHA Seminarhotel AG	SWITZERLAND
SI 173-175 Boulevard Haussmann SAS	FRANCE
Siebte SIB Beteiligungs-Aktiengesellschaft	GERMANY
Siebzehnte DRESIB Beteiligungs-Gesellschaft mbH	GERMANY
SIFCOM Assurances	COTE D’IVOIRE
Signature Financial Services LLC	PENNSYLVANIA
Silver Lux Inc.	CAYMAN ISLANDS
Silver Tower 125 Inc.	CAYMAN ISLANDS
Skylark	CAYMAN ISLANDS
SMASA SOCIEDAD MUNDIAL DE ASISTENCIA S.A.	SPAIN
SNA Holding (Bermuda) Ltd.	BERMUDA
SNA— Ré Societé Nationale D’Assurances et de Reassurances (Bermuda) Ltd.	BERMUDA
SNA Sal	LEBANON
SNAM S.A.L	LEBANON
SNC AGF Cash	FRANCE
SNC AGF Clearing	FRANCE
SNC AIP	FRANCE
SNC Kléber Magdebourg	FRANCE
SNC Maxium	FRANCE
SOBAC	BENIN
SOCIETA’ AGRICOLA SAN FELICE S.p.A.	ITALY
SOCIETE BELGE D’ASSISTANCE INTERNATIONALE S.A.	BELGIUM
SOCIETE BELGE DE SERVICES TELEPHONIQUES “S.B.S.T.” S.A.	BELGIUM
Société Civile Construction Vente 33 Lafayette	FRANCE
SOCIETE DE SERVICES COMMUNS SAS	FRANCE
SOCIETE EUROPEENNE DE PROTECT. ET DE SEVICES D’ASSIST. A DOMICILE “S.E.P.S.A.D.” S.A.	FRANCE
Société Foncière Européenne	FRANCE
Société Foncière Européenne	NETHERLANDS
Société Nationale D’Assurances S.A.L.	LEBANON
Société Nouvelle D’Assurances du Cameroun S.A.	CAMEROON
Société Nouvelle D’Assurances vie du Cameroun S.A.	CAMEROON
Sofiholding S.A.	BELGIUM
SOLVET S.r.l.	ITALY
Somerset Valley Insurance Services LLC	NEW JERSEY
Sonimm	FRANCE
Southwark Bridge Investments Ltd	UNITED KINGDOM

Exhibit 8.1 Fiscal year 2005

Space Park Aufbau GmbH	GERMANY
Space Park Erste Verwaltungs GmbH	GERMANY
Space Park GmbH & Co. KG	GERMANY
SPACECO	FRANCE
Spinnaker Capital Partners LLC	UNITED KINGDOM
Spinnaker Capital Partners LLC GP	UNITED KINGDOM
Standard General Agency Inc.	TEXAS
Stanislas H. Haine N.V.	BELGIUM
StocksPLUS L.P.	DELAWARE
StocksPLUS Management Inc.	DELAWARE
StocksPLUS Sub-Fund B LLC.	CALIFORNIA
Strategic Reinsurance Ltd.	BERMUDA
Subarban Finance Company Limited	CAYMAN ISLANDS
Subarban Finance Company II Limited	CAYMAN ISLANDS
Subarbon Finance Co.	UNITED KINGDOM
Sudamero Consultoria SA	FRANCE
Sudamero Trust Company (Cayman) Ltd	CAYMAN ISLANDS
Süddeutsche Industrie-Beteiligungs-Gesellschaft mbH	GERMANY
Suffolk Investments Inc	NEW YORK
Symphony No 1 LLC	CAYMAN ISLANDS
Syscom Instruments S.A.	SWITZERLAND
Takecare Management Ltd.	UNITED KINGDOM
Tanguy Opportunité	FRANCE
TFI ALLIANZ POLSKA S.A.	POLAND
TGAF Inc.	CAYMAN ISLANDS
Thames SPC	UNITED KINGDOM
The Ajax Insurance Association Ltd.	UNITED KINGDOM
The American Insurance Company	NEBRASKA
The Export Credit Clearing House Limited	UNITED KINGDOM
The Gresham Leasing CV	UNITED KINGDOM
The MI Group Limited	UNITED KINGDOM
The MI Property Management Company Limited	UNITED KINGDOM
The Riverbank Bond Fund	WILMINGTON
The Riverbank Trust	UNITED KINGDOM
Three Pillars Business Solutions Limited	UNITED KINGDOM
Thurlastone Finance Limited	UNITED KINGDOM
Tindall Riley Marine Limited	UNITED KINGDOM
Top Logistikwerkstatt Assistance GmbH	AUSTRIA
Top MVK Datenmanagement GmbH	AUSTRIA
Top Versicherungsservice GmbH	AUSTRIA
Top Versicherungs-Vermittler Service GmbH	AUSTRIA
Towarzystwo Ubezpieczeniowe Euler Hermes S.A.	POLAND
Trade Debtor Insurance Services Limited	UNITED KINGDOM
TRADE INDEMNITY Collections Ltd.	UNITED KINGDOM
Trade Indemnity Credit Corporation Limited	UNITED KINGDOM
Trade Indemnity Factors Limited	UNITED KINGDOM
Trafalgar Insurance Public Limited Company	UNITED KINGDOM
Traktir	FRANCE
Travel Care Inc.	FLORIDA
TU Allianz Polska S.A.	POLAND

Exhibit 8.1 Fiscal year 2005

TU Allianz Zycie Polska S.A.	POLAND
Turnpike Crossing 1	DELAWARE
Turnpike Crossing 2 LLC	DELAWARE
TURNPIKE CROSSING 3 LLC	DELAWARE
Union Centrafricaine D’Assurances et de Reassurances S.A.	CENTRAL AFRICAN REPUBLIC
UNIPENSÃO SOCIEDADE GESTORA DE FUNDOS DE PENSÕES S.A.	PORTUGAL
Universal Leven N.V.	NETHERLANDS
Universal Trading Ltd	UNITED KINGDOM
Unterstützungseinrichtung des Bankhauses Reuschel & Co. GmbH	GERMANY
USAllianz Advisers	MINNESOTA
USAllianz Insurance & Securities Agency Inc.	MINNESOTA
USAllianz Insurance & Securities Agency Inc.	ALABAMA
USAllianz Insurance & Securities Agency Inc.	COLORADO
USAllianz Insurance & Securities Agency Inc.	HAWAII
USAllianz Insurance & Securities Agency Inc.	KENTUCKY
USAllianz Insurance & Securities Agency Inc.	NEVADA
USAllianz Insurance & Securities Agency Inc.	NEW MEXICO
USAllianz Insurance & Securities Agency Inc.	OHIO
USAllianz Insurance & Securities Agency Inc.	TEXAS
USAllianz Insurance & Securities Agency Inc.	VERMONT
USAllianz Insurance Agency Inc.	MINNESOTA
USAllianz Insurance Agency Inc.	NEW YORK
USAllianz Investor Services LLC	MINNESOTA
USAllianz Securities	MINNESOTA
Veer Palthe Voûte (Antilles) NV	NETHERLANDS ANTILLES
Veer Palthe Voûte (VPV) N.V. Gouda	NETHERLANDS
Vendome Lease SA	UNITED KINGDOM
Vereinte Spezial Krankenversicherung AG	GERMANY
Vereinte Spezial Versicherung AG	GERMANY
Verlag Arbeit und Alter GmbH	GERMANY
Vernon	FRANCE
VHPM	NETHERLANDS
Via Pierre 1	FRANCE
Vierzehnte FraMü Beteiligungs GmbH	GERMANY
Villa La Pagliaia S.r.l.	ITALY
Vintage Insurance Company	CALIFORNIA
VIP	FRANCE
visionapp GmbH	GERMANY
W Finance	FRANCE
W Finance Assurances	FRANCE
W9 Atrium SARL	FRANCE
W9 Bercy SARL	FRANCE
Wall Street Technology Managers	NEW YORK
Wall Street Technology Partners L.P.	NEW YORK
Wasserstein Perella & Co. Deutschland GmbH	FRANCE
Wasserstein Perella & Co. Holdings Inc.	UNITED KINGDOM
Wasserstein Perella & Co. Inc. (Delaware)	DELAWARE
Wasserstein Perella & Co. Japan Ltd.	JAPAN
Wasserstein Perella & Co. Limited	UNITED KINGDOM

Exhibit 8.1 Fiscal year 2005

Wasserstein Perella & Co. Pacific Inc.	DELAWARE
Wasserstein Perella (France) SA	FRANCE
Wasserstein Perella Group Holdings LLC	DELAWARE
WATTINVEST C	FRANCE
WebTek Software Private Limited	INDIA
Wessex Holdings Inc	NEW YORK
West Nominees Limited	UNITED KINGDOM
Westbourne Properties Ltd	UNITED KINGDOM
Wilhelm Reuschel GmbH	GERMANY
Willemsbruggen	NETHERLANDS
Wm. H McGee & Co. (Bermuda) Ltd.	BERMUDA
Wm. H McGee & Co. Inc.	NEW YORK
Wm. H McGee & Co. of Puerto Rico Inc.	PUERTO RICO
Wm. H McGee Services Inc.	NEW YORK
World Access ASIA (PTE) Ltd.	SINGAPORE
World Access Canada Inc.	CANADA
World Access Europe LTD.	UNITED KINGDOM
World Access Healthcare Services Inc.	FLORIDA
World Access Inc.	VIRGINIA
World Access Service Corp.	VIRGINIA
WP Bridge Finance Inc.	DELAWARE
WP Plan Management Partners Inc.	DELAWARE
WP Services Inc.	DELAWARE
Yarra Finance Limited	UNITED KINGDOM
Zehnte SIB Beteiligungs-Aktiengesellschaft	GERMANY
Zenon Beteiligungs-GmbH	GERMANY
Zgar	NETHERLANDS
Zweiunddreißigste DRESIB Beteiligungs-Gesellschaft mbH	GERMANY
Zwölfte SIB Beteiligungs-Aktiengesellschaft	GERMANY
Zwolsche Algemeene Europa B.V.	NETHERLANDS