STANDARD COMMERCIAL CORPORATION Exhibit 21

SUBSIDIARIES AND AFFILIATES at March 31, 2004

Name of Company	State or Country of Organization
Standard Commercial Corporation	North Carolina
Standard Commercial Tobacco Co. Inc.	North Carolina
W. A. Adams Company	North Carolina
Transcatab SpA	Italy
Exportadora de Tobaco de Honduras S.A. de C.V.	Honduras
Carolina Trading Corporation	North Carolina
CRES Tobacco Company Inc	North Carolina
CRES Neva Co. Ltd.	Russia
Cres Trading	Russia
Jas. I. Miller Tobacco Co. Ltd.	Jamaica
Standard Commercial Tobacco Singapore Pte Ltd.	Singapore
Standard Commercial Hellas S.A.	Greece
Standard Commercial Services Inc.	North Carolina
Stancom Tanzania (Jersey) Ltd.	Jersey
Standard Commercial SA	Switzerland
Spierer Tutun Ihracat Sanayi Ticaret A.S.	Turkey
Standard Commercial Tobacco Company of Canada Ltd.	Canada
Standard Commercial Tobacco Company (UK) Ltd.	United Kingdom
N.G. Fleming Ltd.	United Kingdom
Siemssen Threshie (Malawi) Ltd.	Malawi
Stancom Tobacco Company (Malawi) Ltd.	Malawi
Tabagri (2003) Ltd	Malawi
Tobacco Processors (Lilongwe) Ltd.	Malawi
Trans-Continental Tobacco India Pvt Ltd	India
Stancom Tobacco Services (Zambia) Ltd	Zambia
Stancom Tobacco Services (Mozambique) Lda.	Mozambique
Tabmarc Ltd	Malawi
Standard Commercial Tobacco Services (UK) Ltd.	United Kingdom

STANDARD COMMERCIAL CORPORATION

SUBSIDIARIES AND AFFILIATES at March 31, 2004

Name of Company	State or Country of Organization
Standard Commercial Corporation (continued)
Trans-Continental Leaf Tobacco Corporation	Leichtenstein
Trans-Continental Leaf Tobacco Corporation ZAO (TK Tabak)	Russia
Siam Tobacco Export Corporation Ltd.	Thailand
Stancom Tobacco (Private) Ltd	Zimbabwe
Tobacco Processors (Zimbabwe) (Private) Ltd	Zimbabwe
Adams International Ltd.	Thailand
Meridional deTabacos Ltda	Brazil
Standard Brazil Ltd	Jersey
Trans-Continental Participacoes e Empreendimentos Ltda.	Brazil
World Wide Tobacco España S.A.	Spain
Leaf Trading Company Ltd.	Russia
Stancom Tobacco (Kenya) Ltd.	Kenya
Standard Tobacco Argentina S.A.	Argentina
Mauritius Tobacco Investments Ltd.	Mauritius
PT Indonesia Tri Sembilam	Indonesia
StanSun Leaf Tobacco Company	Kyrgyzstan
Werkhof GmbH	Germany
Standard Wool Inc.	Delaware
Advhus Gestion Societe Civile	France
Standard Wool France S.A.	France
Peignage de la Tossee S.A.	France
Standard Wool Deutschland GmbH	Germany
Lanimex Trading GmbH	Germany
Prolaine Wollhandels GmbH	Germany
Lohmann & Company Wollhandel GmbH	Germany

STANDARD COMMERCIAL CORPORATION

SUBSIDIARIES AND AFFILIATES at March 31, 2004

Name of Company	State or Country of Organization
Standard Commercial Corporation (continued)
Standard Wool (UK) Ltd.	United Kingdom
Jacomb Hoare (Bradford) Ltd.	United Kingdom
Thomas Chadwick & Sons Ltd.	United Kingdom
Standard Wool (Chile) S.A.	Chile
Tentler & Co. B.V.	Netherlands