EX-8.1 3 y94780exv8w1.txt LIST OF SUBSIDIARIES . . . Exhibit 8.1
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 1 Deutsche Bank Aktiengesellschaft, Frankfurt am Main 2 ABFKO Beteiligungsgesellschaft mbH, Frankfurt 3 Aegis KAMCO Yuhan Hosea, Seoul 4 Aegis Korea Yuhan Hosea, Seoul 5 Affordable Housing I LLC, Wilmington 6 Airport Club fur International Executives GmbH, Frankfurt 7 Akademie Musiktheater Heute GmbH, Frankfurt 8 Alfred Herrhausen Gesellschaft fur internationalen Dialog mit beschrankter Haftung, Frankfurt 9 Alwa Gesellschaft fur Vermogensverwaltung mbH, Hamburg Alwa Gesellschaft fur Vermogensverwaltung mbH & Co. 10 Grundstucksvermietung KG, Dusseldorf 11 ARGFRAN Beteiligungs Aktiengesellschaft, Frankfurt 12 Asel Limited, London 13 AVETTA Beteiligungsgesellschaft mbH, Frankfurt 14 B Investissements Societe par Actions Simplifiee, Paris 15 B.T.C. Capital Markets & Investments, Ltd., Ramat Gan 16 B.V. Matura Handelmaatschappij, Amsterdam 17 BAHO Beteiligungsgesellschaft mbH, Frankfurt 18 Bankers Trust Immobilier SNC, Paris 19 Banque Worms S.A., Puteaux 20 - N F M D A-Maison de Titres, Paris 21 - Patrimoine 47, Paris 22 BAWU Beteiligungs Aktiengesellschaft, Frankfurt 23 Beteiligungsgesellschaft fur Flugzeugleasing mit beschrankter Haftung, Frankfurt 24 BIBO DRITTE Vermogensverwaltungsgesellschaft mbH, Eschborn 25 BIBO ERSTE Vermogensverwaltungsgesellschaft mbH, Eschborn 26 - DB ELAN GmbH, Eschborn 27 - DODO Limited, Georgetown 28 - GBB Beteiligungsgesellschaft mbH, Eschborn 29 BIBO ZWEITE Vermogensverwaltungsgesellschaft mbH, Eschborn 30 BRABU Beteiligungs Aktiengesellschaft, Frankfurt 31 Brasil Media Exterior S.A., Butanta 32 - Local Midia Exterior Ltda, Salvador 33 - Local Publicidade Ltda., Cotia 34 - Pintex Paineis e Cartazes Ltda., Sao Paulo 35 - Publix Ltda., Sao Paulo 36 - Veiculo Publicidade Ltda., Sao Paulo 37 BRENTO Beteiligungsgesellschaft mbH, Frankfurt 38 BT Nominees (Singapore) Pte. Ltd., Singapur 39 Burstah Verwaltungsgesellschaft mit beschrankter Haftung, Hamburg 40 Business Angel Venture GmbH, Koln 41 3160343 Canada Inc., Toronto 42 3613950 Canada, Inc., Toronto 43 CARMAT Beteiligungsgesellschaft mbH, Frankfurt 44 Castle Guard Ltd., Gibraltar 45 Castle Isle Navigation Ltd., Limassol 46 CETO Beteiligungs Aktiengesellschaft, Frankfurt 47 Channel Nominees Limited, London 48 China Recovery Fund LLC, Wilmington 49 Cinda - DB NPL Securitization Trust 2003-1, Wilmington 50 CITAN Beteiligungsgesellschaft mbH, Frankfurt 51 Cousto Investments L.P., Wilmington 52 Dahlbusch Projektentwicklungsgesellschaft Leipzig/Lindenau mbH, Gelsenkirchen 53 DAHOC Beteiligungsgesellschaft mbH, Frankfurt 54 - Billboard Partners L.P., Georgetown 55 - Comparar Holdings Ltd., Georgetown 56 - DAHOC (UK) Limited, London 57 - DB Capital Partners Asia GP, Limited, Georgetown 58 - DBCP Lux Newco S.a.r.l., Luxemburg
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 59 - Outdoor Partners Ltd., Georgetown 60 - Teledig Holdings Ltd., Georgetown 61 DASELLA Beteiligungsgesellschaft mbH, Frankfurt 62 DB (Belgium) Finance S.A./N.V., Brussel 63 DB (Malaysia) Nominee (Asing) Sdn. Bhd., Kuala Lumpur 64 DB (Malaysia) Nominee (Tempatan) Sdn. Bhd., Kuala Lumpur 65 DB Arbitrage Limited, London 66 DB Asset Leasing Limited, London 67 DB Broker GmbH, Frankfurt 68 DB Capital Markets (Deutschland) GmbH, Frankfurt 69 DB Capital Partners (Asia), L.P., Georgetown 70 DB Capital Partners (Europe) 2000 Founder Partner - A LP, Wilmington 71 DB Capital Partners (Europe) 2000 Founder Partner - B LP, Wilmington 72 DB Capital Partners Europe 2002 Founder Partner LP, Wilmington 73 DB Capital Partners General Partner Limited, London 74 DB Capital Structures (Jersey) Limited Partnership, St. Helier 75 DB Consult Gesellschaft mbH, Frankfurt 76 DB Drallim Limited, London 77 DB Equity Limited, London 78 DB Export-Leasing GmbH, Frankfurt 79 - Achte DB Leasing Services GmbH & Co. Aviation KG, Frankfurt 80 - ARES GmbH & Co. KG, Frankfurt 81 - Ares Verwaltungsgesellschaft mbH, Frankfurt 82 - CALLISTA GmbH & Co. KG, Frankfurt 83 - Callista Verwaltungsgesellschaft mbH, Frankfurt 84 - DB Leasing Services GmbH, Frankfurt 85 - DIB-Consult Deutsche Immobilien- und Beteiligungs-Beratungsgesellschaft mbH, Dusseldorf 86 - DIONE GmbH & Co. KG, Frankfurt 87 - Dione Verwaltungsgesellschaft mbH, Frankfurt 88 - Dritte Viking Resins Germany 3 GmbH, Eschborn 89 - Elfte DB Leasing Services GmbH & Co. Aviation KG, Frankfurt 90 - Funfzehnte DB Leasing-Services GmbH & Co. KG, Frankfurt 91 - LOKKI GmbH & Co. KG, Frankfurt 92 - Lokki Verwaltungsgesellschaft mbH, Frankfurt 93 - MIMAS GmbH & Co. KG, Frankfurt 94 - Mimas Verwaltungsgesellschaft mbH, Frankfurt 95 - MIRANDA GmbH & Co. KG, Frankfurt 96 - MIRANDA Verwaltungsgesellschaft mbH, Frankfurt 97 - Motion Picture Productions One GmbH & Co. KG, Frankfurt 98 - MPP Beteiligungsgesellschaft mbH, Frankfurt 99 - Neunte DB Leasing Services GmbH & Co. Aviation KG, Frankfurt 100 - PETUS GmbH & Co. KG, Frankfurt 101 - Petus Verwaltungsgesellschaft mbH, Frankfurt 102 - RANDA GmbH & Co. KG, Frankfurt 103 - RANDA Verwaltungsgesellschaft mbH, Frankfurt 104 - RHEA GmbH & Co. KG, Frankfurt 105 - Rhea Verwaltungsgesellschaft mbH, Frankfurt 106 - Sechste DB Leasing Services GmbH & Co. Aviation KG, Frankfurt 107 - Sechzehnte DB Leasing-Services GmbH & Co. KG, Frankfurt 108 - SELAS Grundstucks-Vermietungsgesellschaft mbH, Frankfurt 109 - SENIO Grundstucks-Vermietungsgesellschaft mbH, Frankfurt 110 - Siebte DB Leasing Services GmbH & Co. Aviation KG, Frankfurt
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 111 - SILVA VermietungsgesellschaftmbH & Co. Projekt 1 KG, Frankfurt 112 - TITON GmbH & Co. KG, Frankfurt 113 - Titon Verwaltungsgesellschaft mbH, Frankfurt 114 - Vierzehnte DB Leasing-Services GmbH & Co. KG, Frankfurt 115 - Zehnte DB Leasing Services GmbH & Co. Aviation KG, Frankfurt 116 - Zwolfte DB Leasing Services GmbH & Co. Aviation KG, Frankfurt 117 DB Finance (Luxembourg) S.A., Luxemburg 118 DB Finance International GmbH, Eschborn 119 - Beheer- en Beleggingsmaatschappij Befraco B.V., Amsterdam 120 - Coral (Cayman) Limited, Georgetown 121 - DB Hedge Limited, Georgetown 122 - DB Kamchatka Limited, Georgetown 123 - Deutsche GUO Mao Investments (Netherlands) B.V., Amsterdam 124 - Deutsche Investments (Holland) B.V., Amsterdam 125 - Dwotjk B.V., Amsterdam 126 - ELDO ACHTE Vermogensverwaltungs GmbH, Eschborn 127 - Evergreen International Holdings B.V., Amsterdam 128 - Evergreen International Investments B.V., Amsterdam 129 - Evergreen International Leasing B.V., Amsterdam 130 - Evergreen Overseas Investments B.V., Amsterdam 131 - Guo Mao International Hotels BV, Amsterdam 132 - Indigo (Cayman) Holding Limited, Georgetown 133 - Kebnekaise Finance B.V., Amsterdam 134 - Satin International C.V., Amsterdam 135 DB Finance s.r.o., Prag 136 DB Financial Services Holding GmbH, Frankfurt 137 DB Fund (Mauritius) Limited, Port Louis 138 DB Immobilienfonds Zeta GmbH & Co. KG, Eschborn 139 DB Industrial Holdings GmbH, Frankfurt (Teilkonzern/Sub-group) 140 - BEHO Beteiligungs Aktiengesellschaft, Frankfurt 141 - BOJA Beteiligungs Aktiengesellschaft & Co. Neunte Beteiligungs KG i.L., Eschborn 142 - BOJA Beteiligungs Aktiengesellschaft & Co. Sechste Beteiligungs KG i.L., Eschborn 143 - BOJA Beteiligungs Aktiengesellschaft & Co. Vierzehnte Beteiligungs KG i.L., Eschborn 144 - BOJA Beteiligungs Aktiengesellschaft & Co. Zehnte Beteiligungs KG i.L., Eschborn 145 - DB Industrial Holdings Beteiligungs AG & Co. KG, Frankfurt 146 - Deutsche CreFi Industrial Holdings GmbH, Frankfurt 147 - Emathion GmbH, Frankfurt 148 - Ethemea GmbH, Frankfurt 149 - JOBRA Beteiligungs Aktiengesellschaft, Frankfurt 150 - RIWA Beteiligungs Aktiengesellschaft, Frankfurt 151 - TOKOS GmbH, Koln 152 - WAMO Beteiligungs Aktiengesellschaft, Frankfurt 153 DB International (Asia) Limited, Singapur 154 DB International Investments Limited, London 155 DB Investments (GB) Limited, London 156 DB Jasmine (Cayman) Limited, Georgetown 157 DB Management Support GmbH, Frankfurt 158 DB Mergers & Acquisitions GmbH, Frankfurt 159 DB Mergers & Acquisitions Inc., New York 160 DB New Ventures AG, Frankfurt 161 DB Nina LLC, Wilmington 162 DB Nominees (Singapore) Pte. Ltd., Singapur 163 DB Overseas Finance Deutschland Aktiengesellschaft, Eschborn 164 DB Overseas Holdings Limited, London 165 DB Payments Projektgesellschaft AG, Frankfurt
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 166 DB Pinta G.P., Wilmington 167 DB Print Projektgesellschaft mbH, Frankfurt 168 DB Property Advisors (Korea) Co., Ltd, Seoul 169 DB Re S.A., Luxemburg 170 DB Real Estate Management GmbH, Eschborn 171 - ARBI Beteiligungsgesellschaft mbH, Eschborn 172 - AV America Grundbesitzverwaltungsgesellschaft mbH, Frankfurt 173 - Businesspark Niederrhein Begrunungsgesellschaft mbH, Eschborn 174 - D & P Hotelbetriebs GmbH, Eschborn 175 - D & P Hotelbetriebs GmbH & Co. Sanssouci KG, Potsdam 176 - DB Grundbesitz-Entwicklungs GmbH, Eschborn 177 - DB Immobilienfonds 18 Boston L.P., New York 178 - DB Immobilienfonds Bamberg Munchen KG, Eschborn 179 - DB Immobilienfonds Giga Dr. Juncker KG, Eschborn 180 - DB Immobilienfonds Hotel Mainz-Kastrich Wieland KG, Eschborn 181 - DB Immobilienfonds Kappa Dr. Ruhl KG, Eschborn 182 - DB Immobilienfonds Lyra Dr. Juncker KG, Eschborn 183 - DB Immobilienfonds Mago Dr. Juncker KG, Eschborn 184 - DB Immobilienfonds Noba Dr. Juncker KG, Eschborn 185 - DB Immobilienfonds Nova Wundrack KG, Eschborn 186 - DB Immobilienfonds Rho Dr. Juncker KG, Eschborn 187 - DB Immobilienfonds Theta Dr. Juncker KG, Eschborn 188 - DB Immobilienfonds Vega Dr. Juncker KG, Eschborn 189 - DB Immobilienfonds Weinheim KG, Eschborn 190 - DB Lacon House London GmbH & Co. KG, Eschborn 191 - DB Real Estate Investment GmbH, Eschborn 192 - DB Real Estate New Jersey I, Inc., West Trenton 193 - DB Real Estate Spezial Invest GmbH, Eschborn 194 - DEGRU Erste Beteiligungsgesellschaft mbH, Eschborn 195 - DEGRU Zweite Beteiligungsgesellschaft mbH, Eschborn 196 - Deutsche Bank Realty Advisors, Inc., New York 197 - Deutsche Gesellschaft fur Immobilienanlagen "America" mbH i.L., Bad Homburg 198 - Deutsche Grundbesitz Beteiligungsgesellschaft mbH, Eschborn 199 - Deutsche Grundbesitz Beteiligungsgesellschaft mbH & Co. Messehalle KG, Eschborn 200 - Deutsche Grundbesitz Kelkheim GmbH & Co. KG, Eschborn 201 - Deutsche Grundbesitz Tauernallee GmbH & Co. KG, Kappeln 202 - Deutsche Grundbesitz Wallstrasse Wieland KG, Eschborn 203 - Deutsche Grundbesitz-Anlagegesellschaft mit beschrankter Haftung, Eschborn 204 - Deutsche Wohnen AG, Eschborn 205 - DI Deutsche Immobilien Baugesellschaft mbH, Eschborn 206 - DI Deutsche Immobilien Baugesellschaft mbH & Co. Vermietungs KG, Eschborn 207 - DI Deutsche Immobilien Treuhandgesellschaft mbH, Eschborn 208 - Dritte DB Grundbesitz-Entwicklungs GmbH & Co. Burozentrum Lichtenberg KG, Eschborn 209 - Dritte DB Immobilienfonds Beta Dr. Ruhl KG, Eschborn 210 - Erste DB Immobilienfonds Beta Dr. Ruhl KG, Eschborn 211 - FLORLA Beteiligungsgesellschaft mbH, Eschborn 212 - Funfte DB Immobilienfonds Beta Dr. Ruhl KG, Eschborn 213 - gi-Verwaltungsgesellschaft mbH, Eschborn 214 - IB Associates, LLC, New York 215 - IC Associate, LLC, New York 216 - IC Chicago Associates LLC, Wilmington 217 - IMM Associate, LLC, New York
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 218 - Investitionsgesellschaft Quartier an der Museumsinsel mbH & Co. KG, Berlin 219 - JADE Projekt GmbH, Eschborn 220 - JADE Residential Property AG, Eschborn 221 - JG Japan Grundbesitzverwaltungsgesellschaft mbH, Eschborn 222 - Johann Wieland Ankogelweg Fonds KG, Kappeln 223 - Johann Wieland Faulhornweg Fonds KG, Kappeln 224 - Johann Wieland Tauernallee Fonds KG, Kappeln 225 - Main-Taunus Wohnen GmbH & Co. KG, Eschborn 226 - MT Wohnen GmbH, Frankfurt 227 - Multiplex-Kino Augsburg Dr. Juncker KG, Eschborn 228 - ONW Chicago LLC, Wilmington 229 - PT. Deutsche Real Estate Indonesia, Jakarta 230 - Rhein-Main Wohnen GmbH, Frankfurt 231 - Rhein-Mosel Wohnen GmbH, Mainz 232 - Rhein-Nahe Wohnen GmbH, Mainz 233 - Rhein-Pfalz Wohnen GmbH, Mainz 234 - Sechste DB Immobilienfonds Beta Dr. Ruhl KG, Eschborn 235 - Tauto Beteiligungsgesellschaft mbH, Eschborn 236 - Verwaltung Investitionsgesellschaft Quartier an der Museumsinsel mbH, Berlin 237 - Verwaltung TASCON Zwolfte Beteiligungsgesellschaft mbH, Frankfurt 238 - Vierte DB Immobilienfonds Beta Dr. Ruhl KG, Eschborn 239 - Wohnungsbaugesellschaft JADE mbH, Wilhelmshaven 240 - Zweite DB Grundbesitz-Entwicklungsgesellschaft mbH & Co. Friedrichshain KG, Bad Homburg 241 - Zweite DB Immobilienfonds Beta Dr. Ruhl KG, Eschborn 242 DB Research GmbH Gesellschaft fur Wirtschafts- und Finanzanalyse, Frankfurt 243 DB Santa Maria L.P., Wilmington 244 DB Scott L.P., Wilmington 245 DB Sedanka Limited, Georgetown 246 DB Service Uruguay S.A., Montevideo 247 DB Trips Investments Limited, Georgetown 248 DB Trust AG, Frankfurt 249 DB Tweed Limited, Georgetown 250 DB U.K. Nominees Limited, London 251 DB UK Holdings Limited, London 252 - Autumn Leasing Limited, London 253 - Bebek Varlik Yonetym A.S., Istanbul 254 - Bratton Limited, St. Helier 255 - BT Money Markets Fund No. 1 Limited, London 256 - City Leasing (Avonside) Limited, London 257 - City Leasing (Clydeside) Limited, London 258 - City Leasing (Donside) Limited, London 259 - City Leasing (Fleetside) Limited, London 260 - City Leasing (Medwayside) Limited, London 261 - City Leasing (Plymside) Limited, London 262 - City Leasing (Severnside) Limited, London 263 - City Leasing (Thameside) Limited, London 264 - City Leasing (Wearside) Limited, London 265 - City Leasing and Partners, London 266 - City Leasing and Partners Limited, London 267 - City Leasing Limited, London 268 - City Transport Leasing, London 269 - Custom Leasing Limited, London 270 - DB Chestnut Holdings Limited, Georgetown 271 - DB Crest Limited, St. Helier 272 - DB Fog Investments Limited, Georgetown 273 - DB Hok Investments Limited, Georgetown 274 - DB Pyrus (Cayman) Limited, Georgetown 275 - DB Road (UK) Limited, London 276 - DB Sangha (Cayman) Limited, Georgetown 277 - DB Saturn Investments Limited, London 278 - DB Sirius (Cayman) Limited, Georgetown
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 279 - DB Sterling Finance Limited, Georgetown 280 - DB Tap Investments Limited, Georgetown 281 - DB UK (Saturn) Limited, London 282 - DB Valiant (Cayman) Limited, Georgetown 283 - DB Valiant B.V., London 284 - DB Vanquish (UK) Limited, London 285 - DB Vantage (UK) Limited, London 286 - DB Willow (UK) Limited, London 287 - DBUKH Finance Limited, London 288 - December Leasing Limited, London 289 - Deutsche (Scotland) Limited, Edinburgh 290 - Deutsche (Services) Australia Limited, London 291 - Deutsche Finance No. 1 (UK) Limited, London 292 - Deutsche Finance No. 10 (Jersey) Limited, St. Helier 293 - Deutsche Finance No. 2 (UK) Limited, London 294 - Deutsche Finance No. 3 (UK) Limited, London 295 - Deutsche Finance No. 4 (UK) Limited, London 296 - Deutsche Finance No. 5 (UK) Limited, London 297 - Deutsche Finance No. 6 (UK) Limited, London 298 - Deutsche Finance No. 7 (UK) Limited, London 299 - Deutsche Finance No. 8 (UK) Limited, London 300 - Deutsche Finance No. 9 (Jersey) Limited, St. Helier 301 - Harbour Investments YK, Tokio 302 - International Operator Limited, London 303 - Kaleb Limited, Georgetown 304 - Leasing 3 Limited, London 305 - London Industrial Leasing Limited, London 306 - Mousecrest Limited, London 307 - Poly Limited, Georgetown 308 - Prima Investment Corporation, Tokio 309 - Prima Operator Limited, London 310 - Pyramid Acquisitions B.V., Amsterdam 311 - Ranfurly Investments Limited, London 312 - REIB Europe Investments Limited, London 313 - REIB Europe Operator Limited, London 314 - REIB International Holdings Limited, London 315 - Ruamthunpaibul Company Limited, Bangkok 316 - Santorini Managers Limited, Edinburgh 317 - Stores Funding Limited, Georgetown 318 - Stores International Limited, Georgetown 319 - Sylvester (2001) Limited, Georgetown 320 - Tokyo Commercial 92, Inc., Tokio 321 - Trout Pond Partnership LP, London 322 - Villetri Investments Limited, St. Helier 323 - WMH (No 1) Limited, London 324 - WMH (No 10) Limited, London 325 - WMH (No 15) Limited, London 326 - WMH (No 16) Limited, London 327 - WMH (No 17) Limited, London 328 - WMH (No 4) Limited, London 329 - WMH (No 5) Limited, London 330 - WMH (No 7) Limited, London 331 DB Valence GmbH, Norderfriedrichskoog 332 DB Valoren GmbH, Norderfriedrichskoog 333 DB Value GmbH, Norderfriedrichskoog (Teilkonzern/Sub-group) 334 - DB Enterprise GmbH, Norderfriedrichskoog 335 - DB Enterprise GmbH & Co. Zweite Beteiligungs KG, Norderfriedrichskoog 336 DB Venture Partners (Europe) 2000 Founder Partner LP, Wilmington 337 DB Venture Partners (Europe) 2000 LP, St. Helier 338 DB Venture Partners (Europe) 2001 Founder Partner LP, London 339 DB Venture Partners (Europe) 2001 LP, St. Helier 340 DB Venture Partners General Partner Limited, London 341 DB Vita S.A., Luxemburg 342 DBC Continuance Inc., Toronto
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 343 DBVP Europe (Luxembourg) S.a.r.l., Luxemburg 344 DBVP Europe GP (Jersey) Limited, St. Helier 345 De Bary Netto Rentefonds N.V., Amsterdam 346 DEBEKO Immobilien GmbH & Co Grundbesitz Berlin OHG, Eschborn 347 DEBEKO Immobilien GmbH & Co Grundbesitz OHG, Eschborn 348 - AGON Vermietungsgesellschaft mbH, Dusseldorf 349 - DACUS Vermietungsgesellschaft mbH, Dusseldorf 350 - DB Immobilienfonds Delta Dr. Ruhl KG, Eschborn 351 - DB Immobilienfonds Lambda Dr. Ruhl KG, Frankfurt 352 - DOT Vermietungsgesellschaft mbH, Dusseldorf 353 - DYME Vermietungsgesellschaft mbH, Dusseldorf 354 - FIDO Vermietungsgesellschaft mbH, Dusseldorf 355 DEUBA Verwaltungsgesellschaft mbH, Frankfurt 356 DEUFRAN Beteiligungs Aktiengesellschaft i.L., Frankfurt 357 DEUKONA Versicherungs-Vermittlungs-GmbH, Frankfurt 358 Deutsche Asia Pacific Holdings Pte Ltd, Singapur (Teilkonzern/Sub-group) 359 - Acanfeld Limited, Bangkok 360 - Aegis Taiwan Co., Ltd., Taipeh 361 - DB Forex Corporation, Makati City 362 - DB Nominees (Hong Kong) Limited, Hongkong 363 - DB Trustees (Hong Kong) Limited, Hongkong 364 - Deutsche Asset Management (Asia) Limited, Singapur 365 - Deutsche Asset Management (Hong Kong) Limited, Hongkong 366 - Deutsche Asset Management (India) Private Limited, Mumbai 367 - Deutsche Asset Management (Japan) Limited, Tokio 368 - Deutsche Asset Management (Taiwan) Ltd, Taipeh 369 - Deutsche Bank Real Estate (Japan) Limited, Tokio 370 - Deutsche Capital Hong Kong Limited, Hongkong 371 - Deutsche Equities India Private Limited, Mumbai 372 - Deutsche Financial Consulting Taiwan Limited, Taipeh 373 - Deutsche Futures Hong Kong Limited, Hongkong 374 - Deutsche Futures Singapore Pte Ltd, Singapur 375 - Deutsche Morgan Grenfell (Malaysia) Sdn Bhd (in member's voluntary liquidation), Kuala Lumpur 376 - Deutsche Morgan Grenfell Nominees Hong Kong Limited, Hongkong 377 - Deutsche Morgan Grenfell Nominees Pte Ltd, Singapur 378 - Deutsche Morgan Grenfell Research Pte Ltd (in member's voluntary liquidation), Singapur 379 - Deutsche Morgan Grenfell Services Hong Kong Limited, Hongkong 380 - Deutsche Network Services Private Limited, Mumbai 381 - Deutsche Securities (India) Private Limited, Neu Delhi 382 - Deutsche Securities Asia Limited, Hongkong 383 - Deutsche Securities Mauritius Limited, Port Louis 384 - Deutsche Securities Nominees Hong Kong Limited, Hongkong 385 - Deutsche Trust Bank Limited, Tokio 386 - Deutsche Trustee Services (India) Private Limited, Mumbai 387 - Kidson Pte Ltd, Singapur 388 - MG Limited (in member's voluntary liquidation), Singapur 389 - Morgan Grenfell Asia Securities (UK) Limited, London 390 - PT. Deutsche Securities Indonesia, Jakarta 391 - Sahathunpaibul Company Limited, Bangkok 392 Deutsche Asset Management International GmbH, Frankfurt 393 Deutsche Asset Management Investmentgesellschaft mbH vormals DEGEF Deutsche Gesellschaft fur Fondsverwaltung mbH, Frankfurt 394 Deutsche Asset Management Italy S.p.A., Mailand 395 - Deutsche Asset Management SIM SpA, Mailand 396 - DWS Alternative Investments SGR S.p.A., Mailand
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 397 - DWS Investments Italy SGR S.p.A., Mailand 398 - DWS Vita S.p.A., Mailand 399 - Finanza & Futuro Banca SpA, Mailand 400 Deutsche Australia Limited, Sydney (Teilkonzern/Sub-group) 401 - Amene Pty Limited, Sydney 402 - AMNL Pty. Limited, Sydney 403 - Australian Magazine Coinvestment Pty Limited, Sydney 404 - Axiom Invest No. 1 Pty Ltd, Sydney 405 - Bain Trust, Sydney 406 - Bain Unit Trust, Sydney 407 - Baincor Nominees Pty. Limited, Sydney 408 - Bainpro Nominees Pty. Limited, Sydney 409 - Bainsec Nominees Pty. Limited, Sydney 410 - Belzen Pty Limited, Sydney 411 - BNA Nominees Pty. Limited, Sydney 412 - BTD Nominees Pty. Limited, Sydney 413 - Buxtal Pty Limited, Sydney 414 - DB Capital Partners (Australia) Limited, Sydney 415 - DB Real Estate Australia Limited, Sydney 416 - DB Real Estate Financial Services Pty Ltd, Sydney 417 - DB Structured Transaction VH-OJL Pty Limited, Sydney 418 - DBPB Pty Ltd, Sydney 419 - DCAM Pty Limited, Sydney 420 - Depic Pty. Limited, Sydney 421 - Deutsche Asset Management (Australia) Limited, Sydney 422 - Deutsche Capital Holdings Pty Limited, Sydney 423 - Deutsche Capital Issuance (No. 2) Australia Pty Limited, Sydney 424 - Deutsche Capital Issuance Australia Pty Limited, Sydney 425 - Deutsche Capital Markets Australia Limited, Sydney 426 - Deutsche Finance Co 1 Pty Limited, Sydney 427 - Deutsche Finance Co 2 Pty Limited, Sydney 428 - Deutsche Finance Co 3 Pty Limited, Sydney 429 - Deutsche Finance Co 4 Pty Limited, Sydney 430 - Deutsche Foreign Investments Australia Pty Limited, Sydney 431 - Deutsche Futures Australia Limited, Sydney 432 - Deutsche Group Services Pty. Limited, Sydney 433 - Deutsche Holdings Australia Limited, Sydney 434 - Deutsche Investments Australia Limited, Sydney 435 - Deutsche Management New Zealand Limited, Sydney 436 - Deutsche Nominees Australia Pty Limited, Sydney 437 - Deutsche Note Issuance Holdings Limited, Auckland 438 - Deutsche Note Issuance Holdings No. 2 Limited, Auckland 439 - Deutsche Note Issuance No. 1 Limited, Auckland 440 - Deutsche Note Issuance No. 2 Limited, Auckland 441 - Deutsche PM Nominees Limited, Sydney 442 - Deutsche Project Finance Limited, Sydney 443 - Deutsche Retail Infrastructure Trust, Sydney 444 - Deutsche Securities Australia Limited, Sydney 445 - Deutsche Securitisation Australia Pty Ltd, Sydney 446 - Deutsche Structured Finance Australia Limited, Sydney 447 - DTS Nominees Pty. Limited, Sydney 448 - First Australian Property Group Holdings Pty Ltd, Sydney 449 - FRM & Co. Nominees Pty Ltd, Sydney 450 - IYS Instalment Receipt Limited, Sydney 451 - Joetel Pty Limited, Sydney 452 - Kamtux Pty Limited, Sydney 453 - Martox Pty Limited, Sydney 454 - Memax Pty Limited, Sydney 455 - Nortfol Pty Limited, Sydney 456 - OPS Nominees Pty. Limited, Sydney 457 - Oscoda Holdings Pty. Limited, Sydney
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 458 - Paladin Australia Limited, Sydney 459 - Paladin Australia Services Pty Limited, Sydney 460 - Paladin Property Services Pty Limited, Sydney 461 - Pan Australian Nominees Pty. Limited, Sydney 462 - PLTS Pty Ltd, Sydney 463 - RBM Nominees Pty. Limited, Sydney 464 - RGE Pty Ltd, Sydney 465 - RTS Nominees Pty. Limited, Sydney 466 - Stockholder Pty Ltd, Sydney 467 - Yoltax Pty Limited, Sydney 468 - Zelmex Pty Limited, Sydney 469 - Zenwix Pty Limited, Sydney 470 Deutsche Australia Offshore Holdings Limited, St. Helier 471 Deutsche Bank (Malaysia) Berhad, Kuala Lumpur 472 Deutsche Bank (Portugal), S.A., Lissabon 473 - DB Credito - Sociedade Financeira para Aquisicoes a Credito, S.A., Lissabon 474 - Navegator - SGFTC, S.A., Lissabon 475 Deutsche Bank (Suisse) S.A., Genf 476 - DBPB Services S.A., Genf 477 - Deutsche Bank (Monaco) SAM, Monte Carlo 478 - Rued, Blass & Cie AG Bankgeschaeft, Zurich 479 Deutsche Bank (Uruguay) Sociedad Anonima Institucion Financiera Externa i. L., Montevideo 480 Deutsche Bank / DB Ireland plc, Dublin 481 Deutsche Bank AG und Deutsche Immobilien Leasing GmbH - Wind 100 GbR, Dusseldorf 482 Deutsche Bank Americas Finance LLC, New York 483 Deutsche Bank Bauspar-Aktiengesellschaft, Frankfurt 484 Deutsche Bank Capital Funding LLC I, Wilmington 485 Deutsche Bank Capital Funding LLC II, Wilmington 486 Deutsche Bank Capital Funding LLC III, Wilmington 487 Deutsche Bank Capital Funding LLC IV, Wilmington 488 Deutsche Bank Capital Funding LLC V, Wilmington 489 Deutsche Bank Capital Funding Trust I, Newark 490 Deutsche Bank Capital Funding Trust II, Newark 491 Deutsche Bank Capital Funding Trust III, Newark 492 Deutsche Bank Capital Funding Trust IV, Wilmington 493 Deutsche Bank Capital Funding Trust V, Wilmington 494 Deutsche Bank Capital LLC I, Wilmington 495 Deutsche Bank Capital LLC II, Wilmington 496 Deutsche Bank Capital LLC III, Wilmington 497 Deutsche Bank Capital LLC IV, Wilmington 498 Deutsche Bank Capital LLC V, Wilmington 499 Deutsche Bank Capital Trust I, Newark 500 Deutsche Bank Capital Trust II, Newark 501 Deutsche Bank Capital Trust III, Newark 502 Deutsche Bank Capital Trust IV, Newark 503 Deutsche Bank Capital Trust V, Wilmington 504 Deutsche Bank de Bary N.V., Amsterdam 505 Deutsche Bank Finance N.V., Willemstad 506 Deutsche Bank Financial Inc., Dover 507 Deutsche Bank Financial LLC, New York 508 Deutsche Bank Luxembourg S.A., Luxemburg 509 Deutsche Bank Polska Spolka Akcyjna, Warschau 510 Deutsche Bank Privat- und Geschaftskunden Aktiengesellschaft, Frankfurt 511 - Contract-Invest Sp. z o. o., Krakau 512 - DB Securities S.A., Warschau 513 - Deutsche Bank PBC Spolka Akcyjna, Krakau 514 - IMMOBILIEN-GESELLSCHAFT IN LUBECK Gesellschaft mit beschrankter Haftung, Lubeck 515 - Kapital-Beteiligungs- und Verwaltungsgesellschaft Norden mbH i.L., Lubeck 516 - KEBA Gesellschaft fur interne Services mbH, Frankfurt 517 - Saarlandische Immobilien Gesellschaft m.b.H., Saarbrucken
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 518 - SENA Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Halle II KG, Dusseldorf 519 - Servicegesellschaft der Deutschen Bank Privat- und Geschaftskunden mbH, Bonn 520 - TEBA Beteiligungsgesellschaft mbH & Co. Objekt Wasserwerk Oranienburg KG, Oranienburg 521 - Telefon-Servicegesellschaft der Deutschen Bank mbH, Frankfurt 522 - TESATUR Beteiligungsgesellschaft mbH & Co. Objekt Halle I KG, Dusseldorf 523 - TESATUR Beteiligungsgesellschaft mbH & Co. Objekt Nordhausen KG, Dusseldorf 524 - Vertriebsgesellschaft mbH der Deutschen Bank Privat- und Geschaftskunden, Frankfurt 525 - Wohnungsbaugesellschaft Lubeca GmbH i.L., Lubeck 526 Deutsche Bank Reszvenytarsasag, Budapest 527 Deutsche Bank S.A., Buenos Aires 528 Deutsche Bank S.A. - Banco Alemao, Sao Paulo (Teilkonzern/Sub-group) 529 - Deutsche Bank Corretora de Valores S.A., Sao Paulo 530 - Imobal - Imobiliaria e Administradora Ltda., Sao Paulo 531 Deutsche Bank S.A. / N.V., Brussel 532 Deutsche Bank Securities Limited, Toronto 533 Deutsche Bank Societa per Azioni, Mailand 534 - Deutsche Bank Capital Markets S.p.A., Mailand 535 - Deutsche Bank Fondimmobiliari SGR S.p.A., Mailand 536 - Deutsche Bank Mutui S.p.A., Mailand 537 - Deutsche Bank Societa di Intermediazione Mobiliare S.p.A., Mailand 538 - Fiduciaria Sant' Andrea S.r.L., Mailand 539 - Help Phone S.r.l., San Giovanni al Natisone (Udine) 540 Deutsche Bank, Sociedad Anonima Espanola, Barcelona 541 - DB Broker Correduria de Seguros, S.A., Barcelona 542 - DB Cartera de Inmuebles 1, S.A., Barcelona 543 - DB Cartera de Inmuebles 2, S.L., Barcelona 544 - DB Inmuebles y Proyectos, S.A., Barcelona 545 - DB Operaciones y Servicios Interactivos, A.I.E., Barcelona 546 - Deutsche Agentes Financieros, S.A., Barcelona 547 - Deutsche Asset Management Sociedad Gestora de Carteras, S.A., Madrid 548 - Deutsche Bank Credit, S.A., Madrid 549 - Deutsche Securities, Sociedad de Valores y Bolsa, S.A., Madrid 550 - DWS Investments (Spain), S.G.I.I.C., S.A., Madrid 551 - Moneyshelf Insurance Correduria de Seguros, S.L., Barcelona 552 - Moneyshelf, S.A., Barcelona 553 Deutsche Capital Singapore Limited i.L., Singapur 554 Deutsche Clubholding GmbH, Frankfurt 555 Deutsche Custody N.V., Amsterdam 556 Deutsche Emerging Markets Investments (Netherlands) B.V., Amsterdam 557 Deutsche Family Office GmbH, Frankfurt 558 Deutsche Friedland Etoile SAS, Paris 559 Deutsche Friedland SAS, Paris 560 Deutsche Funding Luxembourg S.A., Luxemburg 561 Deutsche Gesellschaft fur Immobilien-Leasing mbH, Dusseldorf 562 - DIPLOMA Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 563 - Grundstucksvermietungsgesellschaft Wilhelmstr. mbH, Dusseldorf 564 - Internationale Leasing-Gesellschaft S.A., Luxemburg 565 - SCHISA Grundstucksverwaltungsgesellschaft mit beschrankter Haftung i.L., Dusseldorf 566 - Vermietungsgesellschaft Objekt Belair Gesellschaft mit beschrankter Haftung, Luxemburg
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 567 - Vermietungsgesellschaft Objekt Groussgaasseck Gesellschaft mit beschrankter Haftung, Luxemburg 568 Deutsche Global Markets Limited, Tel Aviv 569 Deutsche Grundbesitz-Anlagegesellschaft mbH & Co. Lowenstein Palais OHG, Eschborn 570 Deutsche Immobilien Leasing GmbH, Dusseldorf 571 - Deutsche Immobilien Consulting GmbH, Dusseldorf 572 - DIAGONAL 446 INMUEBLES SOCIEDAD LIMITADA i.L., Barcelona 573 - DIL Conseils et Transactions Societe par action simplifiee, Paris 574 - DIL CONTRACT Projektmanagement GmbH, Dusseldorf 575 - DIL Deutsche Baumanagement GmbH, Dusseldorf 576 - DIL Europa Beteiligungsgesellschaft mbH, Dusseldorf 577 - DIL Europa Beteiligungsgesellschaft mbH & Co. Objekt Biatorbagy KG, Dusseldorf 578 - DIL Expertise Societe Anonyme par actions simplifiee, Paris 579 - DIL Fonds-Beteiligungsgesellschaft mbH, Dusseldorf 580 - DIL Fonds-Beteiligungsgesellschaft mbH & Co. Kommanditgesellschaft, Dusseldorf 581 - DIL Fonds-Verwaltungsgesellschaft mbH, Dusseldorf 582 - DIL France S.A., Paris 583 - DIL Limes-Haus Verwaltungsgesellschaft mbH, Dusseldorf 584 - DIL Versicherungs-Vermittlungs GmbH, Dusseldorf 585 - DISCA Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 586 - DKI Deutsche Kommunalinvest GmbH, Dusseldorf 587 - PADUS Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 588 - SAGITA Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 589 - SAITA Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 590 - SAPIO Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 591 - SCUDO Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 592 - SCUDO Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Kleine Alexanderstrasse KG, Dusseldorf 593 - SEDO Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 594 - SIFA Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 595 - SOLIDO Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 596 - SOLION Beteiligungsgesellschaft mbH, Dusseldorf 597 - SPINO Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 598 - STABLON Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 599 - STATOR Heizkraftwerk Frankfurt (Oder) Beteiligungsgesellschaft mbH, Dusseldorf 600 - STUPA Heizwerk Frankfurt (Oder) Nord Beteiligungsgesellschaft mbH, Dusseldorf 601 - TAKIR Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 602 - TARES Beteiligungsgesellschaft mbH, Dusseldorf 603 - TEBA Beteiligungsgesellschaft mbH, Oranienburg 604 - TELO Beteiligungsgesellschaft mbH, Berlin 605 - TERGO Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 606 - TERRUS Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 607 - TERRUS Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Bernbach KG, Dusseldorf 608 - THANAT Beteiligungsgesellschaft mbH, Dusseldorf
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 609 - THEMOS Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 610 - TOSSA Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 611 - TRIPLA Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 612 - TURIT Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 613 Deutsche Immobilienvermittlungs-Holding GmbH, Frankfurt 614 Deutsche International Holdings (UK) Limited, London 615 - Abbotsville Holdings Limited, Dublin 616 - ACN 001 086 273 Limited (in member's voluntary liquidation), Sydney 617 - Capital Raising GmbH, Norderfriedrichskoog 618 - DBMG Treuhand AG, Vaduz 619 - DBMG Trust Company Limited, St. Helier 620 - Deutsche Asset Management (Ireland) Limited, Dublin 621 - Deutsche Bank (Cayman) Limited, Georgetown 622 - Deutsche Bank (Mauritius) Limited, Port Louis 623 - Deutsche Bank International Limited, St. Helier 624 - Deutsche Bank International Trust Co. (Cayman) Limited, Georgetown 625 - Deutsche Bank International Trust Co. (Jersey) Limited, St. Helier 626 - Deutsche Bank International Trust Co. Limited, St. Peter Port 627 - Deutsche Bank Investments (Guernsey) Limited, St. Peter Port 628 - Deutsche Bank Nominees (Guernsey) Limited, St. Peter Port 629 - Deutsche Bank Nominees (Jersey) Limited, St. Helier 630 - Deutsche Bank Services (Jersey) Limited, St. Helier 631 - Deutsche Bank Trustee Services (Guernsey) Limited, St. Peter Port 632 - Deutsche Debt Investment (Mauritius) Limited, Port Louis 633 - Deutsche Equities (Mauritius) Limited, Port Louis 634 - Deutsche Fiduciary Services (Suisse) SA, Genf 635 - Deutsche Holdings (SA) (Proprietary) Limited, Kapstadt 636 - Deutsche International Corporate Services (Ireland) Limited, Dublin 637 - Deutsche International Corporate Services Limited, St. Helier 638 - Deutsche International Custodial Services Limited, St. Helier 639 - Deutsche International Finance (Ireland) Limited, Dublin 640 - Deutsche International Financial Services (Ireland) Limited, Dublin 641 - Deutsche International Holdings B.V., Amsterdam 642 - Deutsche International Licensing B.V., Amsterdam 643 - Deutsche International Trust Company (Curacao) N.V., Willemstad 644 - Deutsche International Trust Company N.V., Amsterdam 645 - Deutsche International Trust Corporation (C.I.) Limited, St. Helier 646 - Deutsche International Trust Corporation (Mauritius) Limited, Port Louis 647 - Deutsche International Trustee Services (C.I.) Limited, St. Helier 648 - Deutsche Morgan Grenfell Development Capital Italy S.A., Luxemburg 649 - Deutsche Morgan Grenfell Development Capital Luxembourg S.A., Luxemburg 650 - Deutsche Morgan Grenfell Portfolio Managers (Pty) Limited, Johannesburg 651 - Deutsche Overseas Holdings (Netherlands) B.V., Amsterdam 652 - Deutsche Participations (Mauritius) Limited, Port Louis
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 653 - Deutsche Securities (Proprietary) Limited, Johannesburg 654 - Deutsche Securities (SA) (Proprietary) Limited, Johannesburg 655 - Deutsche Transnational Trustee Corporation Inc, Charlottetown 656 - Executive Management International Services (C.I.) Limited, St. Peter Port 657 - Executive Management Services (Guernsey) Limited, St. Peter Port 658 - Herengracht Financial Services B.V., Amsterdam 659 - Ironshore Management Limited, Georgetown 660 - JR Nominees (Proprietary) Limited, Johannesburg 661 - Morgan Grenfell Australia Holdings Limited (in member's voluntary liquidation), Sydney 662 - Morgan Grenfell California Corporation, Kentfield 663 - Mycal (Cayman) Ltd., Georgetown 664 - Pitt Street Nominees Limited, St. Helier 665 - Regula Limited, Road Town 666 - Rimvalley Ltd, Dublin 667 - St. Paul's Gate Property Limited, St. Helier 668 - Trevona Limited, Road Town 669 Deutsche Inversiones Dos S.A., Santiago 670 Deutsche Investments (Schweiz) AG, Zurich 671 Deutsche Morgan Grenfell Group plc, London (Teilkonzern/Sub-group) 672 - Bankers Trust International PLC, London 673 - Bradsel Limited, London 674 - BT Effecten GmbH i. L., Frankfurt 675 - BT Financial Trading, London 676 - BT Trustee Company (Ireland) Limited, Dublin 677 - City Leasing (International) Limited, Georgetown 678 - City Leasing (Teesside) Limited, London 679 - DB Bluebird Limited, St. Helier 680 - DB Group Services (UK) Limited, London 681 - DB Real Estate Opportunities Group Advisors (UK) Limited, London 682 - DB Trustee Services Limited, London 683 - Deutsche Asset Management (International) Limited, London 684 - Deutsche Asset Management (Jersey) Limited, St. Helier 685 - Deutsche Asset Management Group Limited, London 686 - Deutsche Asset Management Holdings B.V., Amsterdam 687 - Deutsche Asset Management Investment Services Limited, London 688 - Deutsche Asset Management Life & Pensions Limited, London 689 - Deutsche Asset Management Limited, London 690 - Deutsche Asset Management, Inc, Wilmington 691 - Deutsche Capital Finance (2000) Limited, Georgetown 692 - Deutsche Equity Funds Holdings Limited, London 693 - Deutsche Equity Funds Investments Limited, London 694 - Deutsche European Partners IV (No.9) Nominees Limited, London 695 - Deutsche European Partners IV (US Dollar Fund) Nominees Limited, London 696 - Deutsche European Partners IV (US ERISA) (No.1) Nominees Limited, London 697 - Deutsche Holdings (BTI) Limited, London 698 - Deutsche Investment Trust Management Co., Ltd., Seoul 699 - Deutsche Investment Trust Managers Limited, London 700 - Deutsche Morgan Grenfell Trade Finance Limited (in member's voluntary liquidation), London 701 - Deutsche Nominees Limited, London 702 - Deutsche Properties Limited, London 703 - Deutsche Property Asset Management Limited, London
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 704 - Deutsche Strategic Funding Limited, London 705 - Deutsche Trustee Company Limited, London 706 - DWS Funds Management Limited, London 707 - DWS Investment Funds Limited, London 708 - Elizabethan Holdings Limited, Georgetown 709 - Elizabethan Management Limited, Georgetown 710 - Kuwsel Limited, London 711 - Lapstone Limited, St. Helier 712 - Latsel Limited, London 713 - Manufacturers Leasing Limited, London 714 - Morgan Grenfell & Co. Limited, London 715 - Morgan Grenfell (Housing Finance) Limited, London 716 - Morgan Grenfell (Local Authority Finance) Limited, London 717 - Morgan Grenfell (Local Authority Services) Limited, London 718 - Morgan Grenfell Capital (G.P.) Limited, Edinburgh 719 - Morgan Grenfell Capital Trustee Limited, London 720 - Morgan Grenfell Development Capital Holdings Limited, London 721 - Morgan Grenfell Development Capital Nominees Limited, London 722 - Morgan Grenfell Development Capital Syndications Limited, London 723 - Morgan Grenfell Private Equity Limited, London 724 - Morgan Grenfell Private Equity S.p.A., Mailand 725 - Phoenix Travel (London Wall) Limited, London 726 - Quantal Japan, Summit 727 - Thankgate Limited, London 728 - Triplereason Limited, London 729 - ZAO Kapitalneft (in member's voluntary liquidation), Moskau 730 Deutsche New Zealand Limited, Auckland (Teilkonzern/Sub-group) 731 - DBNZ Overseas Investments (No.1) Limited, Georgetown 732 - Deutsche (MMKTRPS) Holdings New Zealand Limited, Auckland 733 - Deutsche (MMKTRPS) Issuance New Zealand Limited, Auckland 734 - Deutsche (New Munster) Holdings New Zealand Limited, Auckland 735 - Deutsche Capital Financing (Singapore) Pte. Ltd, Singapur 736 - Deutsche Capital Markets New Zealand (No.1) Limited, Auckland 737 - Deutsche Capital Partners New Zealand Limited, Auckland 738 - Deutsche Domus New Zealand Limited, Auckland 739 - Deutsche Finance New Zealand Limited, Auckland 740 - Deutsche Financial Corporation New Zealand Limited, Auckland 741 - Deutsche Foras New Zealand Limited, Auckland 742 - Deutsche Foreign Holdings New Zealand Unit Trust, Auckland 743 - Deutsche Funding New Zealand Limited, Auckland 744 - Deutsche Global Issuance New Zealand Limited, Auckland 745 - Deutsche International Investments New Zealand Limited, Auckland 746 - Deutsche International Issuance New Zealand Limited, Auckland 747 - Deutsche International Oceanic Limited, Georgetown 748 - Deutsche Offshore Finance Investments (Pacific) Limited, Georgetown 749 - Deutsche Overseas Issuance New Zealand Limited, Auckland 750 - Deutsche Pacific Limited, Rarotonga
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 751 - Deutsche Securities New Zealand Limited, Auckland 752 - Deutsche Services New Zealand Limited, Auckland 753 - Deutsche Worldwide Issuance New Zealand Limited, Auckland 754 - Kingfisher Nominees Limited, Auckland 755 - Valuta Investments Limited, Auckland 756 Deutsche Representaciones y Mandatos S.A., Buenos Aires 757 Deutsche Securities Korea Co., Seoul 758 Deutsche Securities Limited, Hongkong 759 Deutsche Securities Sociedad de Bolsa S.A., Buenos Aires 760 Deutsche Securities Venezuela S.A., Caracas 761 Deutsche Stiftungstrust GmbH, Frankfurt 762 Deutsche Transaction France S.A., Paris 763 Deutsche Wirtschaftsdatenbank GmbH, Frankfurt 764 Deutsches Institut fur Altersvorsorge GmbH, Frankfurt 765 Domshof Beteiligungsgesellschaft mit beschrankter Haftung, Frankfurt 766 DWS Holding & Service GmbH, Frankfurt 767 - degab Gesellschaft fur Anlageberatung mbH, Frankfurt 768 - Deutsche Asset Management France, Paris 769 - Deutsche Asset Management France FCP, Paris 770 - Deutsche Asset Management GmbH, Wien 771 - Deutsche Asset Management S.A., Warschau 772 - Deutsche Asset Management Schweiz, Zurich 773 - Deutsche Investment Services, Paris 774 - Deutsche Investments (Luxembourg) S.A., Luxemburg 775 - Deutsche Vermogensbildungsgesellschaft mit beschrankter Haftung, Frankfurt 776 - DWS (Austria) Investmentgesellschaft mbH, Wien 777 - DWS Finanz-Service GmbH, Frankfurt 778 - DWS International Portfolio Management GmbH, Frankfurt 779 - DWS Investment GmbH, Frankfurt 780 - DWS Investments Schweiz, Zurich 781 - DWS Polska TFI S.A., Warschau 782 - Epargne Expansion, Paris 783 - Gestion Privee Worms (Jersey) Ltd., St. Helier 784 - PartnerWorld S.A., Luxemburg 785 DWS Investment S.A., Luxemburg 786 Dynamic Funds (SICAV), Luxemburg 787 econos consulting GmbH i.L., Eschborn 788 - econos consulting limited (in member's voluntary liquidation), London 789 EDORA Funding GmbH, Eschborn 790 Elba Finance GmbH, Eschborn 791 ELBI Funding GmbH, Frankfurt 792 ELDO ERSTE Vermogensverwaltungs GmbH, Eschborn 793 Elektro-Export-Gesellschaft m.b.H., Nurnberg 794 Elisa Funding GmbH, Eschborn 795 Ellsel Limited, London 796 Essener Grundstucksverwertung Dr. Ballhausen, Dr. Bruens, Dr. Moller oHG, Essen 797 European Asian Bank (Hong Kong) Nominees Limited, Hongkong 798 european transaction bank aktiengesellschaft, Frankfurt 799 FARNA Beteiligungsgesellschaft mbH, Frankfurt 800 FASTIL Beteiligungsgesellschaft mbH, Frankfurt 801 FAUTEON Beteiligungsgesellschaft mbH, Frankfurt 802 FETUM Beteiligungs Aktiengesellschaft, Frankfurt 803 FrankenInvest International S.A., Luxemburg 804 Franz Urbig- und Oscar Schlitter-Stiftung Gesellschaft mit beschrankter Haftung, Frankfurt 805 Funds Nominees Limited, London 806 GAT Golf am Tegernsee GmbH, Waakirchen 807 GAT Golf am Tegernsee GmbH & Co. Grundstucks-Verwaltungs KG, Gmund am Tegernsee
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 808 Golf-Club Margarethenhof am Tegernsee Verwaltungs GmbH, Waakirchen 809 Gut Kaden Golf und Land Club GmbH, Alveslohe 810 HAMBU Verwaltungsgesellschaft mbH, Hamburg 811 Hessische Immobilien-Verwaltungs-Gesellschaft mbH, Eschborn 812 Horka Korlatolt Felelossegu Tarsasag, Budapest 813 HRH Biotech S.A., Luxemburg 814 HRH Technology S.A., Luxemburg 815 Hypotheken-Verwaltungs-Gesellschaft mbH, Frankfurt 816 Ironland Limited, London 817 Joliet Finance LLC, Wilmington 818 KHP Knuppe, Huntebrinker & Co. GmbH, Osnabruck 819 Klockner Industriebeteiligungsgesellschaft mbH, Eschborn 820 LaSalle Finance LLC, Wilmington 821 Latsel No. 2 Limited, London 822 Latsel No. 3 Limited, London 823 Marine Investments YK, Tokio 824 Marine Operator Limited, London 825 Matura Vermogensverwaltung mit beschrankter Haftung, Frankfurt 826 Maxblue Americas Holdings, S.A., Madrid (Teilkonzern/Sub-group) 827 - MaxBlue Investimentos Distribuidora de Titulos e Valores Mobiliarios S.A., Sao Paulo 828 - MXB U.S.A., Inc., Wilmington 829 maxblue Limited, Dublin 830 MEPO Beteiligungs Aktiengesellschaft, Frankfurt 831 Midsel Limited, London 832 MIWA Beteiligungsgesellschaft mbH, Frankfurt 833 modernes Frankfurt private Gesellschaft fur Stadtentwicklung mbH, Frankfurt 834 Morgan Grenfell Investments N.V., Amsterdam 835 Morgan Nominees Limited, London 836 NERGE Beteiligungsgesellschaft mbH, Frankfurt 837 NIESA Beteiligungs Aktiengesellschaft, Frankfurt 838 NILA Beteiligungsgesellschaft mbH, Frankfurt 839 NOKA Beteiligungsgesellschaft mbH, Frankfurt 840 Nordwestdeutscher Wohnungsbautrager Gesellschaft mit beschrankter Haftung, Frankfurt 841 OAO DB Securities (Kazakhstan), Alma Ata 842 OOO Deutsche Bank, Moskau 843 PELMO Beteiligungsgesellschaft mbH i.Gr., Frankfurt 844 Pembol Nominees Limited, London 845 Rangegrow (in member's voluntary liquidation), St. Albans 846 registrar services GmbH, Eschborn 847 REIPA Beteiligungs Aktiengesellschaft, Frankfurt 848 ROPA Beteiligungsgesellschaft mbH, Frankfurt 849 Sandvest Petroleum S.A., Luxemburg 850 Sardegna Funding GmbH, Frankfurt 851 SB-Bauspar Vermittlungsgesellschaft mbH, Frankfurt 852 Schiffsbetriebsgesellschaft Brunswik mbH, Hamburg 853 Schiffshypothekenbank zu Lubeck Aktiengesellschaft, Hamburg 854 SIFRI Beteiligungs Aktiengesellschaft, Frankfurt 855 SLB Funding GmbH, Eschborn 856 Sturt No. 1 Limited, London 857 Sturt No. 2 Limited, London 858 SunAmerica Affordable Housing Partners 47, Los Angeles 859 Suddeutsche Bank Gesellschaft mit beschrankter Haftung, Frankfurt 860 Suddeutsche Vermogensverwaltung Gesellschaft mit beschrankter Haftung, Frankfurt 861 Taunus Corporation, Wilmington (Teilkonzern/Sub-group) 862 - ABFS I Incorporated, Baltimore 863 - Abico Inc., Wilmington 864 - ABS Leasing Services Company, Chicago 865 - ABS MB Limited, Baltimore
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 866 - Accounting Solutions Holding Company, Inc., Wilmington 867 - Alex. Brown & Sons Finance Limited, Baltimore 868 - Alex. Brown & Sons Holdings Limited (in member's voluntary liquidation), London 869 - Alex. Brown & Sons Investments Limited (in member's voluntary liquidation), London 870 - Alex. Brown Asset Management Incorporated, Baltimore 871 - Alex. Brown Financial Corporation, Wilmington 872 - Alex. Brown Financial Services Incorporated, Baltimore 873 - Alex. Brown Insurance Agency Incorporated, Baltimore 874 - Alex. Brown Insurance Agency of Massachusetts, Inc., Boston 875 - Alex. Brown Insurance Agency of Texas, Inc., Dallas 876 - Alex. Brown Investments Incorporated, Baltimore 877 - Alex. Brown Management Services, Inc., Baltimore 878 - Alfa Investimenti S.R.L., Mailand 879 - Allsar Inc., Wilmington 880 - Alma Finance KFT, Veszprem 881 - Altamira LLC, Wilmington 882 - AM-DB Nevada, Inc., Las Vegas 883 - Annandale LLC, Wilmington 884 - Argent Incorporated, Baltimore 885 - Atlantic No. 1 Limited, London 886 - B.T.I. Investments, London 887 - Bankers Company Inc., Trenton 888 - Bankers Company of New York, New York 889 - Bankers International Corporation, New York 890 - Bankers International Corporation (Brasil) & Cia., Sao Paulo 891 - Bankers International Corporation 1996-1, Wilmington 892 - Bankers Trust Argentina S.A., Buenos Aires 893 - Bankers Trust Caribe Capital Markets, Inc., Hato Rey 894 - Bankers Trust Company of the Southeast, Inc., Miami 895 - Bankers Trust Holdings (U.K.) Limited, London 896 - Bankers Trust International Finance (Jersey) Limited, St. Helier 897 - Bankers Trust Investments PLC, London 898 - Bankers Trust Nominees Limited, London 899 - Bankers Trust Securities (Pacific) Limited, Hongkong 900 - Bankers Trust Sociedad de Valores S.A., Madrid 901 - Barkly Investments Ltd., St. Helier 902 - Beachwood Properties Corp., New York 903 - Bercy Investors, Inc., New York 904 - Black Gold Holdings Ltd., Georgetown 905 - Black Gold S.A., Buenos Aires 906 - Bleeker Investments Limited, Wilmington 907 - Blue Cork, Inc., Wilmington 908 - Bluewater Creek Management Co, Wilmington 909 - Boasley Limited, St. Helier 910 - Bolar Flat LLP, Wilmington 911 - Bonsai Investment AG, Zurich 912 - Britannia Limited, London 913 - Brookhill Center, Inc., New York 914 - Broome Investments Limited, Wilmington 915 - BT (Far East) Limited, Hongkong 916 - BT Advisory Services (Malaysia) Sdn Bhd, Kuala Lumpur 917 - BT Alex. Brown & Sons Limited (in member's voluntary liquidation), London 918 - BT American Securities (Luxembourg) Sarl, Luxemburg 919 - BT Asia Limited, Hongkong 920 - BT Asia Synergies Limited, Hongkong 921 - BT Atlantic Investments No 1 Limited, Georgetown 922 - BT Atlantic Investments No 2 Limited, Georgetown 923 - BT Atlantic Investments No 3 Limited, Georgetown 924 - BT Atlantic Investments No 4 Limited, Georgetown 925 - BT Atlantic Investments No 5 Limited, Georgetown
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 926 - BT Azure No. 1 Limited, Georgetown 927 - BT Ben Nevis Limited, Georgetown 928 - BT Boasley (Cayman) Limited, Georgetown 929 - BT Bram Limited, Georgetown 930 - BT Brokerage (Philippines), Inc., Makati City 931 - BT Brokerage Corporation, Wilmington 932 - BT Brokerage Nominees Ltd., Hongkong 933 - BT Bryce Limited, Georgetown 934 - BT Capital Funding Corporation, Wilmington 935 - BT Capital Trust A, New York 936 - BT Cascades No. 2 Limited, Georgetown 937 - BT Cascades No. 3 Limited, Georgetown 938 - BT Cayman Income No. 1, Georgetown 939 - BT Cayman Income No. 2, Georgetown 940 - BT Commercial Corporation, New York 941 - BT CTAG Nominees Limited, London 942 - BT Devonport Limited, Georgetown 943 - BT Emeraude Limited, Georgetown 944 - BT Empreendimentos e Participacoes Ltda., Sao Paulo 945 - BT Finance (Jersey) No.1, St. Helier 946 - BT Finance (Jersey) No.2, St. Helier 947 - BT Finance (Jersey) No.3, St. Helier 948 - BT Finance (Leasing) Limited, London 949 - BT Finance (Leasing) No. 2 Limited, London 950 - BT Finance L.P., Georgetown 951 - BT Foreign Investment Corporation 1995 Trust - III, Wilmington 952 - BT Foreign Investment Corporation 1995 Trust - IV, Wilmington 953 - BT Foreign Investment Corporation 1997 Trust, St. Helier 954 - BT Foreign Investment Corporation 1997 Trust No. 2, Wilmington 955 - BT Foreign Investment Corporation 1997 Trust No. 3, St. Helier 956 - BT Foreign Investment Corporation 1998 Trust No. 1, Wilmington 957 - BT Foreign Investment Corporation 1998 Trust No. 2, Wilmington 958 - BT Foreign Investment Corporation 1998 Trust No. 3, Wilmington 959 - BT Foreign Investment Corporation 1998 Trust No. 4, Wilmington 960 - BT Fund Managers (Ireland) Limited, Dublin 961 - BT Funding, L.P., Baltimore 962 - BT Globenet Nominees Limited, London 963 - BT Harborside Urban Renewal Corporation, West Trenton 964 - BT Hobart (Cayman) No. 1 Limited, Georgetown 965 - BT Holdings (Europe) Limited, Wilmington 966 - BT Holdings (New York), Inc., New York 967 - BT Institutional Capital Trust A, New York 968 - BT Institutional Capital Trust B, New York 969 - BT International (Nigeria) Ltd., Lagos 970 - BT International Trading Corporation, Wilmington 971 - BT Investment Partners, Inc., New York 972 - BT Investments (Cayman) No 1 Limited, Georgetown 973 - BT LA Holdings, L.L.C., New York 974 - BT Management Partners, L.P., Wilmington 975 - BT Maulbronn GmbH, Eschborn 976 - BT McKinley Limited, Georgetown 977 - BT MH Finance GP, Georgetown 978 - BT Milford (Cayman) Limited, Georgetown 979 - BT Mortgage Investments Inc., Baltimore 980 - BT Muritz GmbH, Eschborn 981 - BT Murrayfield Limited, Edinburgh 982 - BT Newco Limited, Georgetown 983 - BT Notes Limited, Georgetown 984 - BT Opera Trading S.A., Paris
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 985 - BT Ormond No. 3, L.P., Wilmington 986 - BT Partnership Management II, LLC, New York 987 - BT Pension Fund Trustees Limited, London 988 - BT Preferred Capital Trust II, New York 989 - BT Realty Resources, Inc., New York 990 - BT RMS GP 1, Georgetown 991 - BT RMS GP 2, Georgetown 992 - BT RMS GP 3, Georgetown 993 - BT Sable LLC, Wilmington 994 - BT Securities (Europe) Limited (in member's voluntary liquidation), London 995 - BT Services Ireland Ltd., Dublin 996 - BT Southwest, Inc., Houston 997 - BT Straits, Inc., New York 998 - BT Tasman (Cayman) No. 5 Limited, Georgetown 999 - BT Vordertaunus (Luxembourg) SARL, Luxemburg 1000 - BT Vordertaunus Verwaltungs- und Beteiligungsgesellschaft mbH, Eschborn 1001 - BT Westmere Limited, Georgetown 1002 - BT Yosemite, Georgetown 1003 - BT/ABKB Partnership Management, Los Angeles 1004 - BTC 97 SP, LLC, Wilmington 1005 - BTC Capital Trust I, Wilmington 1006 - BTC Mortgage Investors Trust 1996-S1, New York 1007 - BTC Mortgage Investors Trust 1997-S1, New York 1008 - BTCM Properties Corporation, Wilmington 1009 - BTFIC Portugal Gestao e Investimentos (Sociedade Unipessal) S.A., Madeira 1010 - BTIP Israel LLC, Wilmington 1011 - BTMWB Investments No.1 Limited, St. Helier 1012 - BTNY Brazil Investment Co., New York 1013 - BTR Trust 1999 S-1, New York 1014 - BTR-1 Trust 1998-S1, New York 1015 - BTVR Investments No. 1 Limited, St. Helier 1016 - Budget Hotels No. 1 Limited, St. Helier 1017 - Bull Pasture LLP, Wilmington 1018 - Burgtel, Inc., New York 1019 - C.J. Lawrence Inc., Wilmington 1020 - Caneel Bay Holding Corp., Chicago 1021 - Caneel Bay, Inc., St. Thomas 1022 - Cape Acquisition Corp, New York 1023 - CapeSuccess LLC, Wilmington 1024 - CapeSuccess, Inc., Wilmington 1025 - Career Blazers Career Corporation, New York 1026 - Career Blazers Consulting Services, Inc., Albany 1027 - Career Blazers Contingency Professionals, Inc., Albany 1028 - Career Blazers Learning Center of Los Angeles, Inc., Los Angeles 1029 - Career Blazers LLC, Wilmington 1030 - Career Blazers Management Company, Inc., Albany 1031 - Career Blazers New York, Inc., Albany 1032 - Career Blazers of Ontario, Inc., London, Ontario 1033 - Career Blazers Partnering Company, Inc., Albany 1034 - Career Blazers Personnel Services of Washington, D.C., Inc., Washington DC 1035 - Career Blazers Personnel Services, Inc., Albany 1036 - Career Blazers Service Company, Inc., Wilmington 1037 - Caribbean Resort Holdings, Inc., New York 1038 - Castlewood Expansion Partners, LP, New York 1039 - CBI NY Training, Inc., Albany 1040 - Cedar Investment Co., Wilmington 1041 - Chambers Investments Limited, Georgetown 1042 - Charlton (Delaware), Inc., Wilmington 1043 - Civic Investments Limited, St. Helier 1044 - CLA-DB Nevada, Inc, Las Vegas 1045 - ClarksonX Inc., Wilmington 1046 - Cloverdale Road LP, Wilmington 1047 - CMP Cayman Holdings One Ltd., Georgetown
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 1048 - CNS Cayman Holdings One Ltd., Georgetown 1049 - Combtel, Inc., New York 1050 - Compensa Holdings (Cayman) Ltd., Georgetown 1051 - Crosby Investments Limited, Wilmington 1052 - Cyrus J. Lawrence Capital Holdings, Inc., Wilmington 1053 - D.B. Foreign Investment Corporation, Wilmington 1054 - D.B. International Delaware, Inc., Wilmington 1055 - D.B. Overseas Representatives, Inc., Wilmington 1056 - DB (Pacific) Limited, Wilmington 1057 - DB (Pacific) Limited, New York, New York 1058 - DB Advisors, L.L.C., New York 1059 - DB Alex. Brown Holdings Incorporated, Wilmington 1060 - DB Arbitrage Mortgage Inc., Baltimore 1061 - DB Azure (Delaware) LLC, Wilmington 1062 - DB Baltimore, Inc., New York 1063 - DB Barbados, Inc., Wilmington 1064 - DB Barges, Inc., Wilmington 1065 - DB Bedford Investments Limited, Wilmington 1066 - DB Bluebell Investments (Cayman) Partnership, Georgetown 1067 - DB Boca Mortgage Corp., Baltimore 1068 - DB Callisto LLP, Wilmington 1069 - DB Capital Advisors, Inc., Wilmington 1070 - DB Capital Holdings 2, Inc., Wilmington 1071 - DB Capital Inc, New York 1072 - DB Capital Investments, Inc., Wilmington 1073 - DB Capital Management, Inc., Wilmington 1074 - DB Capital Mortgage Corp., Baltimore 1075 - DB Capital Partners Latin America, G.P. Limited, Georgetown 1076 - DB Capital Partners, Inc., Wilmington 1077 - DB Capital Partners, Latin America, LP, Georgetown 1078 - DB Cascades No. 1 LLC, Wilmington 1079 - DB Cash Mortgage Corp., Baltimore 1080 - DB Cash Services, Inc., Wilmington 1081 - DB Crown Mortgage Corp., Baltimore 1082 - DB Depositor Inc., New York 1083 - DB Eagle Mortgage Corp., Baltimore 1084 - DB Equipment Leasing, Inc., New York 1085 - DB Equities Corporation, Wilmington 1086 - DB Equity Mortgage Corp., Baltimore 1087 - DB Europa LP, Wilmington 1088 - DB Ever, Inc., New York 1089 - DB Finance Holdings, Inc., Wilmington 1090 - DB Finance Japan Yugen Kaisha, Tokio 1091 - DB Franklin Investments Inc., Wilmington 1092 - DB Funding Corporation # 1, Wilmington 1093 - DB Galil Finance, Inc., Wilmington 1094 - DB Gamla (Cayman), Georgetown 1095 - DB Ganymede Corp., Georgetown 1096 - DB Green Mortgage Corp., Baltimore 1097 - DB Green, Inc., New York 1098 - DB Hawks Nest, Inc., Wilmington 1099 - DB Holdings (Asia) Limited, Wilmington 1100 - DB Holdings (South America) Limited, Wilmington 1101 - DB Horizon, Inc., Wilmington 1102 - DB Hubert Investments Limited, Wilmington 1103 - DB Hudson, LLC, New York 1104 - DB Investment Management, Inc., Wilmington 1105 - DB Investment Managers, Inc., Wilmington 1106 - DB Investment Resources (US) Corporation, New York 1107 - DB Investments (Australia) LLC, Wilmington 1108 - DB Investments (New Zealand) Limited, Wilmington 1109 - DB Io LP, Wilmington 1110 - DB IROC Leasing Corp., New York 1111 - DB Jefferson Investments Limited, Wilmington 1112 - DB Keystone Inc., Wilmington 1113 - DB King Investments Limited, Wilmington
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 1114 - DB Lafayette Investments Limited, Wilmington 1115 - DB Laight Investments Limited, Wilmington 1116 - DB Leda, Inc., Wilmington 1117 - DB Leroy Investments Limited, Georgetown 1118 - DB Lexington Investments Inc., Wilmington 1119 - DB Liberty, Inc., Wilmington 1120 - DB Liquid Mortgage Corp., Baltimore 1121 - DB Madison, Inc., Wilmington 1122 - DB Metis, Inc., Wilmington 1123 - DB Mezzanine Fund Managing Member, LLC, New York 1124 - DB Moore Investments Limited, Wilmington 1125 - DB Office Workplaces Inc., Wilmington 1126 - DB Oriole Trust, Wilmington 1127 - DB Overseas Finance Delaware, Inc., Wilmington 1128 - DB Partner Mortgage Corp., Baltimore 1129 - DB Partnership Management, Ltd., Wilmington 1130 - DB Perry Investments Limited, Wilmington 1131 - DB Philmor, Inc., New York 1132 - DB Potomac, Inc., New York 1133 - DB Private Clients Corp., Wilmington 1134 - DB Pyramid Corp., New York 1135 - DB Rivington Investments Limited, Georgetown 1136 - DB Rugby Finance (Cayman), Georgetown 1137 - DB Rutland Finance Limited, Ramat Gan 1138 - DB Samay Finance No. 2, Inc., Wilmington 1139 - DB Services (New York), Inc., New York 1140 - DB Services New Jersey, Inc., Trenton 1141 - DB Services Tennessee, Inc., Wilmington 1142 - DB Servicios Mexico, S.A. de C.V., Mexiko Stadt 1143 - DB Shenandoah, Inc., Wilmington 1144 - DB Stanton Investments Limited, Georgetown 1145 - DB Structured Finance Americas, LLC, Wilmington 1146 - DB Structured Products, Inc., Wilmington 1147 - DB U.S. Financial Markets Holding Corporation, Dover 1148 - DB Vandam Investments Limited, Wilmington 1149 - DB Ventures, Inc., New York 1150 - DB Vestry Investments Limited, Wilmington 1151 - DB Warren Investments Limited, Georgetown 1152 - DB Waverly Investments Limited, Wilmington 1153 - DB Yarden Finance Limited, Ramat Gan 1154 - DB-SP Holdings, Inc., Wilmington 1155 - DBAB Wall Street, LLC, Wilmington 1156 - DBAH Capital, LLC, New York 1157 - DBAH Funding Corp., Wilmington 1158 - DBBICVI, Inc., St. Thomas 1159 - DBD 1997 BR Corp., Wilmington 1160 - DBD 2001 HDMF-1 Corp., Wilmington 1161 - DBD Hanover Corporation, Wilmington 1162 - DBD Harborside Inc., Wilmington 1163 - DBD Mezzanine Corp., Wilmington 1164 - DBD Pilgrim America Corp., Wilmington 1165 - DBD-1996 NPC 1 Corp., Wilmington 1166 - DBD-1996 NPC 1 L.L.C., Wilmington 1167 - DBD-1996 NPC 2 L.L.C., Wilmington 1168 - DBD-1997 HHC Corporation, Wilmington 1169 - DBRE Specified Holdings, L.L.C., Wilmington 1170 - DBS Technology Ventures, L.L.C., Wilmington 1171 - DBUSH Funding Corp., Wilmington 1172 - DBVR Investments No. 3 Limited, Wilmington 1173 - Dedham Property Associates, Inc., Dedham 1174 - Deer River, L.P., Wilmington 1175 - Deutsche (Aotearoa) Capital Holdings New Zealand, Auckland 1176 - Deutsche (Aotearoa) Foreign Investments New Zealand, Auckland 1177 - Deutsche (SIS) Investment Corporation, New York 1178 - Deutsche (SRV) Investment Corporation, New York 1179 - Deutsche (SS&C) Investment Corporation, New York
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 1180 - Deutsche Alt-A Securities, Inc., Wilmington 1181 - Deutsche Aoteara Limited, Georgetown 1182 - Deutsche Asset Management Canada Limited, Toronto 1183 - DEUTSCHE BANK (CHILE) S.A., Santiago 1184 - DEUTSCHE BANK A.S., Istanbul 1185 - Deutsche Bank Americas Holding Corp., New York 1186 - Deutsche Bank Capital Holdings, Inc., Wilmington 1187 - Deutsche Bank Florida, N.A., Palm Beach 1188 - Deutsche Bank Holdings, Inc., Wilmington 1189 - Deutsche Bank Insurance Agency of Delaware, Inc., Wilmington 1190 - Deutsche Bank International Corporation, Miami 1191 - Deutsche Bank Investment Management Inc., Wilmington 1192 - Deutsche Bank Mortgage Capital, L.L.C., Wilmington 1193 - Deutsche Bank Mexico S.A. Institution de Banca Multiple, Mexiko Stadt 1194 - Deutsche Bank National Trust Company, Los Angeles 1195 - Deutsche Bank Securities Inc., Wilmington 1196 - Deutsche Bank Trust Company Americas, New York 1197 - Deutsche Bank Trust Company Connecticut Ltd., Greenwich 1198 - Deutsche Bank Trust Company Delaware, Wilmington 1199 - Deutsche Bank Trust Company New Jersey Ltd., Jersey City 1200 - Deutsche Bank Trust Company New York, New York 1201 - Deutsche Bank Trust Company Southwest i. L., Dallas 1202 - Deutsche Bank Trust Corporation, New York 1203 - Deutsche Canada Investor Services Co., Halifax 1204 - Deutsche Capital Asset Corporation, New York 1205 - Deutsche Capital Planning Corporation, New York 1206 - Deutsche Capital Stock Corporation, New York 1207 - Deutsche Cayman L.A. Power II - C Ltd., Georgetown 1208 - Deutsche Cayman L.A. Power II - P Ltd., Georgetown 1209 - Deutsche Cayman Ltd., Georgetown 1210 - Deutsche Financial Services Puerto Rico Corporation, San Juan 1211 - Deutsche Global Securities Services Australia Pty Limited, Sydney 1212 - Deutsche International Corporate Services (Delaware) LLC, Wilmington 1213 - Deutsche International Nautical, Georgetown 1214 - Deutsche International Pacific, Georgetown 1215 - Deutsche Inversiones Limitada, Santiago 1216 - Deutsche Investment Management Americas Inc., New York 1217 - Deutsche Leasing Florida, Inc., Wilmington 1218 - Deutsche Leasing New York Corp., New York 1219 - Deutsche Master Funding Corporation, Wilmington 1220 - Deutsche Mortgage & Asset Receiving, Wilmington 1221 - Deutsche Mortgage Securities, Inc., Wilmington 1222 - Deutsche Realty Holdings (II) LLC, Salem 1223 - Deutsche Realty Holdings Corporation, New York 1224 - Deutsche Securities Corredores de Bolsa Ltda., Santiago 1225 - Deutsche Securities, S.A. de C.V., Casa de Bolsa, Mexiko Stadt 1226 - Deutsche Trust (Cayman) Ltd., Georgetown 1227 - Deutsche Union Finanzberatungsgesellschaft mbH, Frankfurt 1228 - DFC Residual Corporation, Henderson 1229 - DMG Technology Management, L.L.C., Wilmington 1230 - DowningX LLC, Wilmington 1231 - EA Advisers Incorporated, Wilmington 1232 - EA Strategies LLC, Wilmington 1233 - Eastgate 97 SP, LLC, Wilmington 1234 - Edgewater Properties SPC Corporation, New York 1235 - Emerald Properties Corp., New York
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 1236 - Equator Holdings, Ltd., Wilmington 1237 - Ero Properties, Inc., New York 1238 - Estate Holdings, Inc., St. Thomas 1239 - FIC Globe LLC, Wilmington 1240 - Filaine, Inc., Wilmington 1241 - Firstee Investments LLC, Wilmington 1242 - FJC Property Corp, Wilmington 1243 - Franklin Woods Corporation, New York 1244 - G Finance Holding Corp., Wilmington 1245 - G.I.S.T. Investments, Inc., New York 1246 - GACC Funding Corporation, Wilmington 1247 - GAFCo Funding Corp., Dover 1248 - Garnet Properties Corp., New York 1249 - Gemini Technology Services Inc., New York 1250 - German American Capital Corporation, Baltimore 1251 - Giftbeat Limited (in member's voluntary liquidation), London 1252 - Glacier Mountain, L.P., Wilmington 1253 - Global Alliance Finance Company, L.L.C., Dover 1254 - Global Processing Services, Inc., Wilmington 1255 - GlobalX LLC, Wilmington 1256 - Great Lakes Realty Corp., New York 1257 - Green Homes, Inc., Wilmington 1258 - Greene Investments Limited, Georgetown 1259 - GreenwichX LLC, Wilmington 1260 - Greenwood Properties Corp., New York 1261 - Greenwood Theaters, LLC, Wilmington 1262 - Hac Investments Limited, Wilmington 1263 - HAC Investments Portugal - Servicos de Consultadoria e Gastao Ltd, Lissabon 1264 - Hanover Partners, LP, Wilmington 1265 - Hone Quarry LP, Georgetown 1266 - HudsonX Inc., Wilmington 1267 - Huron Leasing, LLC, Wilmington 1268 - Immedient 1 Inc., Denver 1269 - Immedient 2 Inc., Austin 1270 - Immedient Acquisition I Corporation, Wilmington 1271 - Immedient Acquisition II Corporation, Wilmington 1272 - Immedient, Inc., Wilmington 1273 - Investment Company Capital Corporation, Wilmington 1274 - Investors Real Estate Corp., Oconomowoc 1275 - J. Thompson Companies, Inc., Austin 1276 - Jasmin Investors, Inc., New York 1277 - JYD Investments LLC, Wilmington 1278 - Korea Bond Fund Management Co, Ltd., Georgetown 1279 - LAC Investments Ltd., Wilmington 1280 - Lake Moomaw Inc., Wilmington 1281 - Lark Street, Inc., Wilmington 1282 - Liberty Investments Limited, Georgetown 1283 - Linton No.1 Limited, London 1284 - Linton No.2 Limited, London 1285 - Linwood Properties Corp., New York 1286 - Lions Hill Finance Partners, Wilmington 1287 - Long-Tail Risk Insurers, Ltd., Hamilton 1288 - LU Holding Corp., Wilmington 1289 - LV Holding Corp., Wilmington 1290 - LW Holding Corporation, Wilmington 1291 - M.I.S.T. Investments, Inc., New York 1292 - MAC Investments Ltd., Georgetown 1293 - MacDougal Investments Limited, Wilmington 1294 - Makapuu Inc., Wilmington 1295 - Mallard Place, Inc., Wilmington 1296 - Marlboro Hotel Corp., Dedham 1297 - Mayfair Center, Inc, Wilmington 1298 - McClintic Point LP, Wilmington 1299 - Melba Investors Southeast, Inc., New York 1300 - Mercer Investments Limited, Wilmington 1301 - Metis Properties Limited, London
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 1302 - Mezzbroadway, LLC, Wilmington 1303 - Middlewood Properties Corp., New York 1304 - Milltip Limited, London 1305 - MM Pastel Ltd., Georgetown 1306 - MMDB Noonmark LLC, Wilmington 1307 - Moose Lake LLP, Wilmington 1308 - MP Commercial Inc., Wilmington 1309 - Mystic Garage Properties Corp., Wilmington 1310 - Mystic Land I Properties Corp., Wilmington 1311 - Mystic Land II Properties Corp., Wilmington 1312 - Mystic Land III Properties Corp., Wilmington 1313 - Mystic Land IV Properties Corp., New York 1314 - Mystic Office Properties Corp., Wilmington 1315 - National Discount Brokers Group, Inc., New York 1316 - NDB Capital Markets Corporation, New York 1317 - NDB Capital Markets, L.P., Jersey City 1318 - NDBCM California Corporation, New York 1319 - New M Corp., Wilmington 1320 - Newhall LLC, Wilmington 1321 - Newport Harbor Corporation, New York 1322 - Newport Harbor Corporation, Delaware, Wilmington 1323 - NewportX Inc., Wilmington 1324 - Newtrax, Inc., New York 1325 - Northwoods Finance Partners, Wilmington 1326 - Novoquote Limited, London 1327 - OA Holding Company, LLC, Wilmington 1328 - Oakwood Properties Corp., Wilmington 1329 - Oktel, Inc., New York 1330 - Old Wagon LP, Wilmington 1331 - P.A.S. Pro Active Sales S.A., Buenos Aires 1332 - PacificX LLC, Wilmington 1333 - Park Avenue South/Armory, Inc., New York 1334 - Parkwood New York LLC, Wilmington 1335 - Parkwood Properties Corp., New York 1336 - Peabody Hotel Corp., Dedham 1337 - Pelleport Investors, Inc., New York 1338 - Penbrook Properties Corp., New York 1339 - Phoenix I Ltd., Georgetown 1340 - Pinewood Properties Corp., New York 1341 - PLA - DB Nevada, Inc., Las Vegas 1342 - Poughkeepsie Hamburg, Inc., Wilmington 1343 - Prime Outdoor Group, Wilmington 1344 - 225 Properties Corp., New York 1345 - Protean Investors, Inc., New York 1346 - PT Bina Tatalaksana Pasifik, Jakarta 1347 - PT BT Prima Securities Indonesia, Jakarta 1348 - PYN Properties Inc., Wilmington 1349 - Pyramid Enterprises B.V., Amsterdam 1350 - Pyramid Finance B.V., Amsterdam 1351 - Pyramid Holdings B.V., Amsterdam 1352 - Pyramid Industries B.V., Amsterdam 1353 - Pyramid Investments PLC, London 1354 - Pyramid Office Properties Limited, London 1355 - Pyramid Ventures, Inc., Wilmington 1356 - Q.I.S.T. Investors Inc., New York 1357 - Reade, Inc., Wilmington 1358 - Realprop Investors Pacific, Inc., New York 1359 - Red Lodge, L.P., Wilmington 1360 - REO Properties Corporation, Wilmington 1361 - Reo Resources, Inc., New York 1362 - Ripple Creek, L.P., Wilmington 1363 - River Bluff LLP, Wilmington 1364 - Riverton Investments LLC, Wilmington 1365 - RNA Advisors, LLC, Wilmington 1366 - RoAdco I, Inc., Wilmington 1367 - RoAdco II, Inc., Wilmington 1368 - RoCalwest, Inc., Wilmington 1369 - RoClarendon, Inc., Wilmington
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 1370 - RoColorado, Inc., Wilmington 1371 - Rodo Nominees Limited (in member's voluntary liquidation), London 1372 - Rodocanachi Leasing Limited, London 1373 - RoManco I, Inc., Wilmington 1374 - RoManco II, Inc., Wilmington 1375 - Romeo One, LLC, Wilmington 1376 - Romeo Three, LLC, Wilmington 1377 - Romeo Two, LLC, Wilmington 1378 - Romeo U.S. Group, Inc., Wilmington 1379 - RoPacific, Inc., Wilmington 1380 - RoPro U.S. Holding, Inc., Wilmington 1381 - RoProperty U.S.A., Inc., Wilmington 1382 - RoSharp II, Inc., Wilmington 1383 - RoSmart, LLC, Wilmington 1384 - RoValue-Added, Inc., Wilmington 1385 - RREEF America, L.L.C., Chicago 1386 - RREEF Management Company, Chicago 1387 - RREEF Management LLC, Chicago 1388 - Ruby Investments LLC, Wilmington 1389 - Sagamore Limited, London 1390 - Sapphire Aircraft Leasing and Trading Limited, London 1391 - Sapphire Investments LLC, Wilmington 1392 - Sarel Investors Atlantic, Inc., New York 1393 - Sceptre Investments LLC, Wilmington 1394 - Scudder Annuities and Life Services of Alabama, Inc., Chicago 1395 - Scudder Annuities and Life Services, Inc., Chicago 1396 - Scudder Distributors Inc., Chicago 1397 - Scudder Financial Services Inc., Boston 1398 - Scudder Fund Accounting Corporation, Boston 1399 - Scudder Insurance Agency of New York, Inc., New York 1400 - Scudder Insurance Agency, Inc., Boston 1401 - Scudder Insurance Agency, Inc. (California), Los Angeles 1402 - Scudder Investments Marketing Services, Inc., Chicago 1403 - Scudder Investments Service Company, Kansas City 1404 - Scudder Investor Services, Inc., Boston 1405 - Scudder Service Corporation, Boston 1406 - Scudder Trust Company, Salem 1407 - Seaford Milford Properties, Inc., New York 1408 - Sedona One LLC, Wilmington 1409 - Seneca Delaware, Inc., Wilmington 1410 - Seneca Leasing Partners, L.P., Wilmington 1411 - Serviced Office Investments Limited, St. Helier 1412 - Sharps SP I LLC, Wilmington 1413 - Sherwood Properties Corp., New York 1414 - Shopready Limited, London 1415 - Silver Leaf 1 LLC, Wilmington 1416 - Southwood Properties Corp., New York 1417 - Spring Leasing Limited, London 1418 - Standard Trading Two LLC, Wilmington 1419 - Stontel, Inc., New York 1420 - Tanglewood Assisted Living Center, Inc., New York 1421 - Tapeorder Limited, London 1422 - Tapestry Investment LLC, Wilmington 1423 - TC Trustees Limited, London 1424 - Tempcraft, Inc., Austin 1425 - Tenedora de Valores S.A., Santiago 1426 - Thebe Trust, Wilmington 1427 - Tripod LLC, New York 1428 - TRS 1 LLC, Wilmington 1429 - TRS Eclipse LLC, Wilmington 1430 - TRS Elara LLC, Wilmington 1431 - TRS Metis LLC, Wilmington 1432 - TRS Thebe LLC, Wilmington 1433 - Upwood No. 1 Limited, London 1434 - Upwood No. 2 Limited, London
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 1435 - US Masthead Coinvestment, L.P., Wilmington 1436 - US Masthead No. 1, Inc., Wilmington 1437 - US Masthead No. 2, Inc., Wilmington 1438 - US Masthead No. 3, Inc., Wilmington 1439 - US Masthead No. 4, Inc., Wilmington 1440 - US Masthead No. 5, Inc., Wilmington 1441 - US Masthead, LLC, Wilmington 1442 - Varick Investments Limited, Wilmington 1443 - VI Resort Holdings, Inc., New York 1444 - Walton Tract LLP, Wilmington 1445 - WestX Inc., Wilmington 1446 - Whispering Woods LLC, Wilmington 1447 - Whistling Pines LLC, Wilmington 1448 - Whitewood Properties Corp., New York 1449 - Wildriver Finance Company, Georgetown 1450 - Windsor Investment One LLC, Wilmington 1451 - Wintercrest Inc., Wilmington 1452 - Wolf Creek LP, Wilmington 1453 - Woodwardia LLC, Wilmington 1454 - World Trading (Delaware) Inc., Wilmington 1455 - Zolo LLC, Wilmington 1456 Tempurrite Leasing Limited, London 1457 Tescsel Limited, London 1458 The World Markets Company GmbH i.L., Frankfurt 1459 TMG Vermogensverwaltungsgesellschaft mbH, Augsburg 1460 Transgermania Verwaltungsgesellschaft mit beschrankter Haftung, Hamburg 1461 TRISO Beteiligungs Aktiengesellschaft, Frankfurt 1462 UKF Building Services Limited, London 1463 UKF Leasing Limited, London 1464 VORNA Beteiligungsgesellschaft mbH, Frankfurt 1465 WEPLA Beteiligungsgesellschaft mbH, Frankfurt 1466 - Azurania SGPS LDA, Funchal 1467 - DB RE Global Real Estate Management 1A, Ltd., Georgetown 1468 - DB RE Global Real Estate Management 1B, Ltd., Georgetown 1469 - DB Real Estate Opportunities Management S.r.l., Mailand 1470 - Deutsche Commercial Property Anlagegesellschaft mbH & Co. KG, Eschborn 1471 - G.O. IB - SIV Luxembourg S.a.r.l., Luxemburg 1472 - Immobiliere Sorege II, Paris 1473 - Whale Holdings S.a.r.l., Luxemburg 1474 WERDA Beteiligungsgesellschaft mbH, Eschborn 1475 WFG Deutsche Gesellschaft fur Wagniskapital mbH, Frankfurt 1476 WILH. AHLMANN Gesellschaft mit beschrankter Haftung, Kiel 1477 WOLBU Beteiligungsgesellschaft mbH, Frankfurt 1478 Xavex Advisors S.A., Luxemburg 1479 Xavex Capital Management SGR S.P.A., Mailand VARIABLE INTEREST ENTITIES 1480 AAD Balanced Company Limited, Georgetown 1481 ABS Ventures ALN, LLC, Wilmington 1482 ABS Ventures HC, LP, Wilmington 1483 ABS Ventures IT, LP, Wilmington 1484 ABS Ventures WB, LP, Wilmington 1485 ACTIUM Leasobjekt GmbH & Co. Objekt Bietigheim OHG, Dusseldorf 1486 AG London Ltd, Road Town 1487 Amaranth Limited, Georgetown 1488 Argentina Capital Protected Investments Ltd, Georgetown 1489 Asset Repackaging Trust BV, Amsterdam 1490 Asset Repackaging Trust Five BV, Amsterdam 1491 Asset Repackaging Trust Four BV, Amsterdam 1492 Asset Repackaging Trust Six BV, Amsterdam
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 1493 Asset Repackaging Trust Three BV, Amsterdam 1494 Bellstead Holdings Limited, Gibraltar 1495 Bills Securitisation Limited, St. Helier 1496 Bincomerc - Servicos de Consultadoria, S.A., Lissabon 1497 BLI Beteiligungsgesellschaft fur Leasinginvestitionen mbH, Koln 1498 Blue Square Funding Limited, Gibraltar 1499 Blue Stripe 2000-1 Funding Limited, St. Helier 1500 Blue Stripe 2000-1 Ltd, St. Helier 1501 Bluestar Securities plc, Dublin 1502 Business Support One Y.K., Tokio 1503 Caesar Park Hotel Portugal, S.A., Sintra 1504 Capital Instruments Limited, Georgetown 1505 CAPRA Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Walbeck KG, Dusseldorf 1506 CELLA Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Aschaffenburg OHG, Dusseldorf 1507 CIG (Jersey) Limited, St. Helier 1508 Coriolanus Limited, Dublin 1509 Cormac Valley Ltd. Series 1, Dublin 1510 Coronets Limited, Georgetown 1511 COUNTS 1998 Series II, Newark 1512 COUNTS 1998 Series III, Newark 1513 COUNTS Northwest 1989F Special Trust, Newark 1514 COUNTS Northwest 1999/1989F Special Trust A2, Newark 1515 COUNTS Northwest 1999/1989F Special Trust B1, Newark 1516 COUNTS Northwest 1999/1989F Special Trust B2, Newark 1517 COUNTS Series 1A, Newark 1518 COUNTS Series 2A, Newark 1519 COUNTS Series 2B, Newark 1520 COUNTS Series II 1997-A, Newark 1521 COUNTS Series II 1998-A, Newark 1522 COUNTS Trust Series 1999 - 1, Newark 1523 COUNTS Trust Series 2000 - 1, Newark 1524 COUNTS Trust Series 2000 - 2, Newark 1525 COUNTS Trust Series 2000 - 3, Newark 1526 COUNTS Trust Series 2000 - 4, Newark 1527 COUNTS Trust Series 2000 - 5, Newark 1528 COUNTS Trust Series 2000 - 6, Newark 1529 COUNTS Trust Series 2001 - 1, Newark 1530 COUNTS Trust Series 2001 - 2, Newark 1531 COUNTS Trust Series 2001 - 3, Newark 1532 COUNTS Trust Series 2001 - 4, Newark 1533 COUNTS Trust Series 2001 - 5, Newark 1534 COUNTS Trust Series 2001 - 6, Newark 1535 COUNTS Trust Series 2001 - 7, Newark 1536 COUNTS Trust Series 2001 - 8, Newark 1537 COUNTS Trust Series 2001 - 9, Newark 1538 COUNTS Trust Series 2002 - 10, Newark 1539 COUNTS Trust Series 2002 - 11, Newark 1540 COUNTS Trust Series 2002 - 3, Newark 1541 COUNTS Trust Series 2002 - 4, Newark 1542 COUNTS Trust Series 2002 - 5, Newark 1543 COUNTS Trust Series 2002 - 6, Newark 1544 COUNTS Trust Series 2002 - 7, Newark 1545 COUNTS Trust Series 2002 - 8, Newark 1546 COUNTS Trust Series 2002 - 9, Newark 1547 COUNTS Trust Series 2003 - 1, Newark 1548 COUNTS Trust Series 2003 - 2, Newark 1549 COUNTS Trust Series 2003 - 3, Newark 1550 COUNTS Trust Series 2003 - 4, Newark 1551 COUNTS Trust Series 2003 - 5, Newark 1552 COUNTS Trust Series 2003 - 6, Newark 1553 COUNTS Trust Series 2003 - 7, Newark 1554 Cranfield Aircraft Leasing Limited, Georgetown 1555 Credit-Linked and Structured Securities ("CLASS") Limited, St. Helier 1556 CUTLASS Securitisation Limited, Sydney
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 1557 Czech Repackaged Euro Securities Transactions ("CREST") plc, Gibraltar 1558 D & S Capital YK, Tokio 1559 DB Immobilienfonds 14 Rhein-Pfalz Wohnen GmbH & Co. KG, Eschborn 1560 DB Immobilienfonds 5 Wieland KG, Bad Homburg 1561 DB Immobilienfonds Wohnanlage Mainz-Kastrich GmbH & Co. KG, Eschborn 1562 DB Ventures TMT, LLC, Wilmington 1563 DBB Investments Limited, Georgetown 1564 DBG Vermogensverwaltungsgesellschaft mbH, Frankfurt 1565 Deutsche Industrial Finance 2002 - CMBS Trust, Sydney 1566 Deutsche Industrial Finance CP Trust, Sydney 1567 DI Investments Corporation Y.K., Tokio 1568 DVCG Deutsche Venture Capital Gesellschaft mbH, Munchen 1569 DVCG Deutsche Venture Capital Gesellschaft mbH & Co. Fonds II KG, Munchen 1570 Earls Eight Limited, Georgetown 1571 Earls Five Limited, Georgetown 1572 Earls Four Limited, Georgetown 1573 Earls Limited, Georgetown 1574 Earls Seven Limited, Georgetown 1575 Earls Ten Limited, Georgetown 1576 Earls Three Limited, Georgetown 1577 Earls Two Limited, Georgetown 1578 Eirles Four Limited, Dublin 1579 Eirles One Limited, Dublin 1580 Eirles Three Limited, Dublin 1581 Eirles Two Limited, Dublin 1582 Emerging Markets Capital Protected Investments Ltd, Georgetown 1583 Energomashexport-Invest ZAO, Moskau 1584 Epsom Limited, Gibraltar 1585 Erina Limited, St. Helier 1586 Felting SGPS, S.A., Lissabon 1587 Financiere Sicomax S.A., Paris 1588 GC Re, Hamilton 1589 Gilt-Edged Asset Repackaged Securities (GEARS) Limited, Gibraltar 1590 Global Capital Structures S.A., Luxemburg 1591 Grundstucksverwaltung GmbH & Co. Objekt Wunstorf KG, Dusseldorf 1592 HABILIS Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Solingen KG, Dusseldorf 1593 Herodotus Limited, Georgetown 1594 HESTA Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Frankfurt KG, Dusseldorf 1595 High Honours PLC, London 1596 Hooper Investments Limited, Gibraltar 1597 iBond Securities plc, Dublin 1598 ILV Anlagen Vermietungsgesellschaft mbH, Dusseldorf 1599 International Capital Structures S.A., Luxemburg 1600 Kings Limited, Georgetown 1601 Kondor 2001-A Limited, Georgetown 1602 Kondor 2001-B Limited, Georgetown 1603 LARS Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Hagen KG, Dusseldorf 1604 Latin American Sovereign Repackaged Notes Ltd, Georgetown 1605 LECTIO Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Weimar KG, Berlin 1606 LOCO Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Stockach OHG, Dusseldorf 1607 London Wall 2002-1 plc, Dublin 1608 London Wall 2002-2 plc, Dublin 1609 LPG Shipping Limited, Georgetown 1610 Luxemburg (Sylvester) Sarl, Luxemburg
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 1611 MANDATA Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Krefeld KG, Dusseldorf 1612 MANDATA Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Ulm KG, Dusseldorf 1613 MEFIS Beteiligungsgesellschaft mbH, Eschborn 1614 Mercedes-Benz AG & Co. Grundstucksvermietung Objekte Baden-Baden und Dresden OHG, Dusseldorf 1615 Mexico Capital Protected Investments Ltd, Georgetown 1616 MIRABILIS Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Berching KG, Dusseldorf 1617 Moldavia Limited, Georgetown 1618 MPSF First Limited, Dublin 1619 Narara Limited, St. Helier 1620 Nexus Bonds Limited, Sydney 1621 Palmetto Place Development LLC, Wilmington 1622 PEDIS Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Briloner KG, Dusseldorf 1623 PERXIS Beteiligungsgesellschaft mbH, Dusseldorf 1624 Portuguese Earls (PEARLS) Comercio e Servicos Ltda., Funchal 1625 PUDU Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Walldorf KG, Dusseldorf 1626 PUKU Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Velbert KG, Dusseldorf 1627 PURIM Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Burscheid KG, Dusseldorf 1628 QPL Lux S.a.r.l., Luxemburg 1629 Regal Limited, Georgetown 1630 Repackaged Asian Jurisdiction Assets Limited ("RAJAs"), Georgetown 1631 Repackaged Assets and Securities in Asia Limited, Singapur 1632 Repackaged Offshore Collateralised Kredit ("Rock") Limited, Gibraltar 1633 Repackaged Offshore Collateralised Kredit ("Rock2") Limited, Gibraltar 1634 Rhein Main Securitisation Limited, St. Helier 1635 Rheingold Securitisation Limited, St. Helier 1636 RIBS BV, Amsterdam 1637 RM Ayr Delaware LLC, Dover 1638 RM Ayr Limited, Dublin 1639 RM Delaware Multi-Asset LLC, New York 1640 RM Delaware Triple-A LLC, New York 1641 RM Fife Delaware LLC, Dover 1642 RM Fife Limited, Dublin 1643 RM Gold (Aust) Limited, Sydney 1644 RM Multi-Asset LLC, Dublin 1645 S & D Capital Y.K., Tokio 1646 SAB Holdings Limited, Auckland 1647 SABIS Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 1648 SABRE New Zealand Limited, Auckland 1649 SABRE NZ No 1 Limited, Auckland 1650 SABRE Securitisation Limited, Sydney 1651 SALUS Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf 1652 SALUS Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Brandenburg KG, Dusseldorf 1653 SALUS Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Schwarzheide KG, Dusseldorf 1654 SANCTOR Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Nurnberg KG, Dusseldorf 1655 SANDIX Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Hafen KG, Dusseldorf 1656 SANDIX Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Malermarkt KG, Dusseldorf 1657 SANO Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Dortmund KG, Dusseldorf
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 1658 SANO Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Dusseldorf KG, Dusseldorf 1659 SANO Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Hamburg KG, Dusseldorf 1660 SARIO Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Mannheim KG, Dusseldorf 1661 SCANDO Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Datteln KG, Dusseldorf 1662 SCANDO Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Eisenach KG, Dusseldorf 1663 SCANDO Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Iserlohn KG, Dusseldorf 1664 SCANDO Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Osnabruck KG, Dusseldorf 1665 SCANDO Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Siekmann KG, Dusseldorf 1666 SERICA Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Frankfurt KG, Dusseldorf 1667 SILANUS Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Bonn KG, Dusseldorf 1668 SILANUS Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Luderitz OHG, Dusseldorf 1669 SILEX Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Rostock und Leipzig KG, Dusseldorf 1670 SILEX Grundstucks-Vermietungsgesellschaft mbH Objekt Eduard Dyckerhoff OHG, Dusseldorf 1671 SILUR Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Markdorf KG, Dusseldorf 1672 SILUR Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Tubingen KG, Dusseldorf 1673 SILUR Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Uhingen KG, Dusseldorf 1674 SIRES-STAR LIMITED, Georgetown 1675 Sociedade Brasileira de Ativos e Financas Limitada, Georgetown 1676 SOMA Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Heidelberg KG, Dusseldorf 1677 SOREX Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Hutschenreuther KG, Dusseldorf 1678 SOREX Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Ludenscheid KG, Dusseldorf 1679 SOREX Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Mainz KG, Dusseldorf 1680 SOSPITA Grundstucks-Vermietungsgesellschaft mbH & Co. Objekte Prima KG, Dusseldorf 1681 SOSPITA Grundstucks-Vermietungsgesellschaft mbH & Co. Objekte Sekunda KG, Dusseldorf 1682 SPAN No.1 Pty Limited, Sydney 1683 SPAN No.2 (A) Pty Limited, Sydney 1684 SPAN No.2 Pty Limited, Sydney 1685 SPAN No.3 Pty Limited, Sydney 1686 SPAN No.4 Pty Limited, Sydney 1687 SPAN No.5 Pty Limited, Sydney 1688 SPEAR Securitisation Limited, Sydney 1689 SSV No. 2 Pty Limited, Sydney 1690 SUPERA Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Eschenbach KG, Dusseldorf 1691 SUPERA Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Speyer KG, Dusseldorf 1692 SUSA Mobilien-Vermietungsgesellschaft mbH & Co. Objekte Prima KG, Dusseldorf 1693 SUSIK Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Cottbus KG, Dusseldorf 1694 SWORD Securitisation Limited, Sydney 1695 SWORD Securitisation No.1 Limited, Melbourne 1696 SWORD Securitisation No.2 Limited, Sydney 1697 SWORD Securitisation No.3 Limited, Sydney
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 1698 TACET Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Hameln KG, Dusseldorf 1699 TACET Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Nordsternpark KG, Dusseldorf 1700 TACET Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Osnabruck KG, Dusseldorf 1701 TACET Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Ulm KG, Dusseldorf 1702 TACET Grundstucks-Vermietungsgesellschaft mbH & Co. Objekt Wendelstein KG, Dusseldorf 1703 The CIG Trust, St. Helier 1704 The Fourth Share Holdings Company Limited, Georgetown 1705 Triptych Limited, Douglas 1706 VCG Venture Capital Fonds III Verwaltungs GmbH, Munchen 1707 VCG Venture Capital Gesellschaft mbH, Munchen 1708 WohnBauEntwicklungsgesellschaft Munchen-Haidhausen mbH & Co. KG, Eschborn 1709 WohnBauEntwicklungsgesellschaft Munchen-Haidhausen Verwaltungs-mbH, Eschborn 1710 DB Etoile 1711 DB Euro Liquidity Plus 1712 DB Funds Euro Garant 1713 DB Funds Money Plus 1714 DB Funds Money plus (d) 1715 DB Funds USD Money plus 1716 DB Portfolio Euro Liquidity 1717 DB Portfolio USD Liquidity 1718 DB Prevision 12, FP 1719 DB Prevision 15, FP 1720 DB SF Liquidity 1721 DB Sterling Liquidity 1722 Deutsche Balanced Security Fund 1723 Deutsche Balanced Security Fund 2 1724 Deutsche Yen Portfolio Deutsche Money plus 1725 DWS Alpha Fonds 1726 DWS Best 80 Garant 1727 DWS Best Result Garant 1728 DWS Best USA Garant 1729 DWS Beta Fonds 1730 DWS Delta Fonds 1731 DWS EuroChance Garant 1732 DWS EuroDynamic Garant 1733 DWS Euroland Garant 1734 DWS Europa Garant 1735 DWS FlexInvest Garant 1736 DWS FlexInvest Garant II 1737 DWS FlexPension 2013 1738 DWS FlexPension 2014 1739 DWS FlexPension 2015 1740 DWS FlexPension 2016 1741 DWS FlexPension 2017 1742 DWS FlexPension 2018 1743 DWS Funds Flex Protect 1744 DWS Funds Flex Protect I 1745 DWS Funds Flex Protect II 1746 DWS Funds FlexWorld 1747 DWS Funds GlobalFlex A 1748 DWS Funds GlobalFlex I 1749 DWS Funds Zins Chance II 2011 1750 DWS Global Garant 1751 DWS Globalflex Garantizado, FIM 1752 DWS MultiDynamic Garant 1753 DWS Multifondo Garantizado, FIM 1754 DWS Multigestion Activa Garantizado, FIM 1755 DWS Nikkei Garant 1756 DWS Rendite Garant 1757 DWS Rendite Optima
LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2003 1758 DWS Sectorial 2001 1759 DWS Selector Garantizado FIMF 1760 DWS TopZins 1761 DWS Triple Beneficion Garantizado, FIM 1762 DWS Zins Chance 2011 1763 Multi Assets Garant 1764 Multi Assets Garant II 1765 Portfolio of Central Bank of Turkmenistan 1766 Sunflower Fund SPECIAL FUNDS 1777 BAG 1778 BAG 2 1779 BSP 1 1780 DB100 Benchmark Fund (Euro) 1781 Xavex SICAV/X - DWS Euro Growth 1782 Xavex SICAV/X - DWS Euro Soveriegn Elite 1783 Xavex SICAV/X - DWS Euro Value 1784 Xavex SICAV/X - DWS US Growth 1785 Xavex SICAV/X - DWS US Value 1786 Xavex SICAV/X - DWS Yieldleader 1787 Xavex-Capital Structure Arbitrage 1 Fund 1788 Xavex-Cherokee CTA Fund 1789 Xavex-Convertible Arbitrage 1 Fund 1790 Xavex-Convertible Arbitrage 10 Fund 1791 Xavex-Convertible Arbitrage 2 Fund 1792 Xavex-Convertible Arbitrage 4 Fund 1793 Xavex-Convertible Arbitrage 5 Fund 1794 Xavex-Convertible Arbitrage 6 Fund 1795 Xavex-Convertible Arbitrage 7 Fund 1796 Xavex-Convertible Arbitrage 8 Fund 1797 Xavex-CTA 1 Fund 1798 Xavex-CTA 2 Fund 1799 Xavex-CTA 3 Fund 1800 Xavex-European Long/Short Equity 1 Fund 1801 Xavex-European Long/Short Equity 2 Fund 1802 Xavex-European Long/Short Equity 4 Fund 1803 Xavex-Japan Long/Short Equity 1 Fund 1804 Xavex-Japan Long/Short Equity 2 Fund 1805 Xavex-Market Neutral 1 Fund 1806 Xavex-Market Neutral 2 Fund 1807 Xavex-Market Neutral 3 Fund 1808 Xavex-Market Neutral 6 Fund 1809 Xavex-Risk Arbitrage 1 Fund 1810 Xavex-Risk Arbitrage 3 Fund 1811 Xavex-Risk Arbitrage 5 Fund