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EXHIBIT 21

ADOBE SYSTEMS INCORPORATED

SUBSIDIARIES OF THE REGISTRANT

Subsidiary Legal Name		Jurisdiction of Incorporation/Formation
The Americas:
	Adobe International LLC	Delaware
	Adobe Macromedia Software LLC	Delaware
	Adobe Systems Brasil Limitada	Brazil
	Allaire Corporation	Delaware
	Antepo, Inc.	Delaware
	Fotiva, Inc.	Delaware
	Accelio Corporation	Delaware
	Adobe Systems Canada Inc.	Canada
	Middlesoft, Inc.	California
	Q-Link Technologies, Inc.	Delaware
	Scene7 Inc	Delaware
	Serious Magic, Inc.	California
	Virtual Ubiquity, Inc	Massachusetts
Europe:
	Adobe Systems Benelux BV	The Netherlands
	Adobe Systems Danmark ApS	Denmark
	Adobe Systems Direct Ltd.	Scotland
	Adobe Systems Engineering GmbH	Federal Republic of Germany
	Adobe Systems Europe Ltd.	Scotland
	Adobe Systems France SAS	France
	Adobe Systems GmbH	Federal Republic of Germany
	Adobe Systems (Schweiz) GmbH	Switzerland
	Adobe Systems Iberica SL	Spain
	Adobe Systems Italia SRL	Italy
	Adobe Systems Nordic AB	Sweden
	Adobe Systems Norge AS	Norway
	Adobe Systems Romania SRL	Romania
	Adobe Systems s.r.o.	Czech Republic
	Adobe Software Trading Company Limited	Ireland
	Adobe Systems Software Ireland Limited	Ireland
	Allaire Europe Holdings BV	The Netherlands
	Antepo SARL	France
	Frame Technology International Limited	Ireland
	Iteration::Two Limited	United Kingdom
	Macromedia Europe Limited	United Kingdom
	Macromedia Ireland Limited	Ireland
	Macromedia Software Ireland Limited	Ireland
	Mobile Innovation Ltd.	United Kingdom
	Okyz SAS	France
	Scene7(UK) Limited	United Kingdom
Africa:
	Adobe Systems South Africa (Proprietary) Limited	South Africa
Asia:
	Adobe Systems Company Ltd.	Japan
	Adobe Systems Hong Kong Limited	Hong Kong
	Adobe Systems India Pvt. Ltd.	India
	Adobe Systems Korea Ltd.	Korea
	Adobe Systems Pte. Ltd.	Singapore
	Adobe Systems Pty. Ltd.	Australia
	Adobe Systems Software (Beijing) Co. Ltd.	China
	Macromedia Asia Pacific Pty. Ltd.	Australia
	Macromedia South Asia Pte. Ltd.	Singapore

        All subsidiaries of the registrant are wholly owned, directly or indirectly by Adobe and do business under their legal names.

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EXHIBIT 21

ADOBE SYSTEMS INCORPORATED SUBSIDIARIES OF THE REGISTRANT