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BASF AG List of Shares Held 2003

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BASF AG List of Shares Held 2003 List of Shares Held 2003 Contents 2 I. Fully, proportionally and equity consolidated subsidiaries and affiliates accounted for in the Consolidated Financial Statements 21.Fully consolidated subsidiaries (Section 290, Paragraph 2 of the German Commercial Code) 2 • Germany 3 • Europe (excluding Germany) 6 • North America 7 • South America 7 • Asia, Pacific Area, Africa 92.Proportionally consolidated affiliates (Section 310 of the German Commercial Code) 9 • Germany 9 • Europe (excluding Germany) 9 • South America 9 • Asia, Pacific Area, Africa 93.Equity consolidated subsidiaries (Section 312 of the German Commercial Code) 9 • Germany 10 • Europe (excluding Germany) 10 • South America 11 • Asia, Pacific Area, Africa 11 4. Equity consolidated affiliates (Section 312 of the German Commercial Code) 11 • Germany 11 • Europe (excluding Germany) 12 II. Other subsidiaries, affiliates and other participating interests 12 1. Non-consolidated minor subsidiaries (Section 296 [2] of the German Commercial Code) 12 • Germany 14 • Europe (excluding Germany) 17 • North America 17 • South America 18 • Asia, Pacific Area, Africa 20 2. Non-consolidated minor affiliates (Section 311 [2] of the German Commercial Code) 27 3. Participating interests of between 5 and 20 percent in major corporations (Section 285, No. 11 of the German Commercial Code) 27 • Germany 28 III. Information on subsidiaries (exemptions under Section 264, Paragraph 3 and Section 264 b of the German Commercial Code) 28 • Germany BASF – List of Shares Held 2003 1 BASF Group and BASF Aktiengesellschaft List of Shares Held 2003 Pursuant to Section 313, Paragraph 2 and Section 285, No. 11 of the German Commercial Code I. Fully, proportionally and equity consolidated subsidiaries and affiliates accounted for in the Consolidated Financial Statements 1. Fully consolidated subsidiaries (Section 290, Paragraph 2 of the German Commercial Code) Company and headquarters Capital Thereof Stock- Net Currency held BASF AG holders’ income equity (%) (%) (millions) (millions) (ISO code) Germany Achte BASF Finanzbeteiligungsgesellschaft mbH 100.0 100.0 1.8 7.8 EUR Ludwigshafen (Rhine) BASF Agro Trademarks GmbH 100.0 100.0 0.0 0.0 EUR Ludwigshafen (Rhine) BASF Beteiligungsgesellschaft mbH 100.0 100.0 1,749.0 (99.0) EUR Ludwigshafen (Rhine) BASF CIS Trading GmbH 100.0 100.0 2.7 (0.8) EUR Ludwigshafen (Rhine) BASF Coatings AG 100.0 239.6 * EUR Münster BASF Drucksysteme GmbH 100.0 38.6 * EUR Stuttgart BASF Handels- und Export GmbH 100.0 100.0 1.5 * EUR Ludwigshafen (Rhine) BASF Immobilien-Gesellschaft mbH & Co. Pigment KG 100.0 9.1 (0.7) EUR Ludwigshafen (Rhine) BASF Immobilien-Gesellschaft mbH & Co. 100.0 6.2 1.9 EUR Drucksysteme KG, Ludwigshafen (Rhine) BASF IT Services GmbH 100.0 23.3 9.3 EUR Ludwigshafen (Rhine) BASF PharmaChemikalien GmbH & Co. KG 100.0 100.0 37.9 (18.2) EUR Ludwigshafen (Rhine) BASF Pigment GmbH 100.0 11.8 * EUR Ludwigshafen (Rhine) BASF Plant Science GmbH 91.0 3.1 * EUR Ludwigshafen (Rhine) BASF Plant Science Holding GmbH 100.0 100.0 183.5 0.1 EUR Ludwigshafen (Rhine) BASF Schwarzheide GmbH 100.0 209.1 * EUR Schwarzheide Chemische Fabrik Wibarco GmbH 100.0 10.0 2.6 EUR Ibbenbüren Dr. Wolman GmbH 100.0 4.8 2.0 EUR Sinzheim Elastogran GmbH 100.0 42.4 * Lemförde * Profit/loss transfer agreement 2 BASF – List of Shares Held 2003 Company and headquarters Capital Thereof Stock- Net Currency held BASF AG holders’ income equity (%) (%) (millions) (millions) (ISO code) GEWOGE Wohnungsunternehmen der BASF GmbH 97.0 41.1 * EUR Ludwigshafen (Rhine) Guano-Werke GmbH 100.0 100.0 1,908.0 45.6 EUR Ludwigshafen (Rhine) Haidkopf GmbH 100.0 0.2 * EUR Kassel LUWOGE Wohnungsunternehmen der BASF GmbH 100.0 41.7 * EUR Ludwigshafen (Rhine) Ultraform GmbH & Co. KG 100.0 100.0 19.1 5.6 EUR Ludwigshafen (Rhine) Untertage-Speicher-Gesellschaft mbH 100.0 1.4 2.7 EUR Kassel WINGAS GbR 65.0 0.0 * EUR Kassel WINGAS GmbH 65.0 123.5 * EUR Kassel Wintershall AG 100.0 2,065.7 * EUR Kassel Wintershall Erdgas Beteiligungs-GmbH 100.0 207.7 * EUR Kassel Wintershall Explorations- und Produktions- 100.0 46.6 * EUR Beteiligungsgesellschaft mbH, Kassel Wintershall Erdgas Verwaltungs-GmbH 100.0 156.5 * EUR Kassel Europe (excluding Germany) BASF (Schweiz) AG 100.0 100.0 19.4 4.4 CHF Wädenswil/Au, Switzerland BASF A/S 100.0 100.0 73.8 1.7 DKK Copenhagen, Denmark BASF AB 100.0 100.0 88.2 16.0 SEK Göteborg, Sweden BASF Agri-Production S.A.S. 100.0 47.9 7.1 EUR Gravelines, France BASF Agro B.V. 100.0 1,246.4 0.2 EUR Arnhem, the Netherlands BASF Agro Hellas Industrial and Commercial S.A. 100.0 100.0 6.3 1.4 EUR Athens, Greece BASF Agro S.A.S. 100.0 61.7 (1.3) EUR Tassin-La-Demi-Lune, France BASF Agro SpA 100.0 100.0 7.9 (0.8) EUR Cesano Maderno, Italy * Profit/loss transfer agreement BASF – List of Shares Held 2003 3 Company and headquarters Capital Thereof Stock- Net Currency held BASF AG holders’ income equity (%) (%) (millions) (millions) (ISO code) BASF Agrochemical Products B.V. 100.0 258.0 (0.6) USD Arnhem, the Netherlands BASF Antwerpen N.V. 100.0 1,239.9 261.0 EUR Antwerp, Belgium BASF AS 100.0 100.0 63.1 14.7 NOK Asker, Norway BASF Belgium S.A. 100.0 100.0 22.2 2.7 EUR Brussels, Belgium BASF Coatings Holding B.V. 100.0 204.5 21.9 EUR Maarssenbroek, the Netherlands BASF Coatings Ltd. 100.0 4.9 1.1 GBP Deeside, United Kingdom BASF Coatings S.A.S. 100.0 53.1 10.9 EUR Clermont de l'Oise, France BASF Coatings SpA 100.0 10.9 (1.3) EUR Burago Molgora, Italy BASF Coatings S.A. 99.7 44.2 12.3 EUR Guadalajara, Spain BASF Coordination Center Comm. V. 100.0 73.4 8,216.7 217.2 EUR Antwerp, Belgium BASF Curtex S.A. 100.0 25.7 3.5 EUR L'Hospitalet de Llobregat, Spain BASF Drukinkt B.V. 100.0 6.5 1.0 EUR Doetinchem, the Netherlands BASF Española S.A. 100.0 216.3 19.5 EUR Tarragona, Spain BASF France S.A.S. 100.0 100.0 49.0 7.2 EUR Levallois-Perret, France BASF Health & Nutrition A/S 100.0 100.0 209.1 12.2 DKK Ballerup, Denmark BASF Holding Española S.L. 100.0 100.0 27.2 21.0 EUR Barcelona, Spain BASF Hungaria Kft. 100.0 100.0 2,400.4 336.9 HUF Budapest, Hungary BASF Interservice SpA 100.0 90.0 86.8 2.5 EUR Cesano Maderno, Italy BASF Intertrade AG 100.0 100.0 32.1 30.5 CHF Zug, Switzerland BASF IT Services B.V. 100.0 100.0 99.2 13.5 EUR Arnhem, the Netherlands BASF Italia SpA 100.0 48.4 1.7 EUR Cesano Maderno, Italy BASF Nederland B.V. 100.0 100.0 1,585.2 4.8 EUR Arnhem, the Netherlands 4 BASF – List of Shares Held 2003 Company and headquarters Capital Thereof Stock- Net Currency held BASF AG holders’ income equity (%) (%) (millions) (millions) (ISO code) BASF Austria Gesellschaft m.b.H. 100.0 1.00 12.7 1.1 EUR Vienna, Austria BASF Operations B.V. 100.0 2.8 0.2 EUR Arnhem, the Netherlands BASF OY 100.0 100.0 11.6 (10.6) EUR Helsinki, Finland BASF plc 100.0 109.5 11.9 GBP Wembley, United Kingdom BASF Polska Sp. z.o.o. 100.0 100.0 70.1 10.2 PLN Warsaw, Poland BASF Printing Systems Ltd. 100.0 6.2 (0.6) GBP Horsham, United Kingdom BASF SONATRACH Propanchem S.A. 51.0 47.4 (23.7) EUR Tarragona, Spain BASF Systèmes d’Impression S.A.S. 100.0 23.3 (1.2) EUR Clermont de l’Oise, France BASF UK Holdings Ltd. 100.0 100.0 30.8 – GBP Cheadle, United Kingdom BASF Vernici e Inchiostri SpA 100.0 19.6 0.3 EUR Cinisello Balsamo, Italy Elastogran France S.A. 100.0 4.7 0.1 EUR Mitry-Mory, France Elastogran Italia SpA (ELIT) 100.0 21.7 2.4 EUR Villanova d'Asti, Italy Elastogran S.A. 100.0 11.1 2.8 EUR Rubí (Barcelona), Spain Elastogran U.K. Ltd. (EUK) 100.0 2.6 0.1 GBP Alfreton, United Kingdom Frank Wright Limited 100.0 11.8 0.6 GBP Ashbourne, United Kingdom Société Foncière et Industrielle S.A.S. 100.0 7.3 0.1 EUR Clermont de l’Oise, France Wintershall Nederland Petroleum B.V. 100.0 20.3 18.5 EUR The Hague, the Netherlands Wintershall Nederland-Group 100.0 135.9 44.6 EUR Includes: Wintershall Dubai 100.0 20.3 1.6 EUR Petroleum B.V. The Hague, the Netherlands Wintershall Nederland B.V. 100.0 59.3 4.1 EUR The Hague, the Netherlands Wintershall Nederland 100.0 7.1 2.3 EUR Transport and Trading B.V. The Hague, the Netherlands Wintershall Noordzee B.V. 100.0 65.2 36.5 EUR The Hague, the Netherlands BASF – List of Shares Held 2003 5 Company and headquarters Capital Thereof Stock- Net Currency held BASF AG holders’ income equity (%) (%) (millions) (millions) (ISO code) Wintershall Oil AG 100.0 2.7 1.0 CHF Zug, Switzerland Wintershall Petroleum (E&P) B.V. 100.0 10.9 (7.2) USD The Hague, the Netherlands ZAO BASF 100.0 100.0 16.1 3.6 EUR Moscow, Russia North America BASFIN Corporation 100.0 100.0 3,094.7 0.0 USD Mount Olive, New Jersey BASF Americas Group 100.0 2,759.0 (59.6) USD Includes: BASF Americas Corporation 100.0 3,140.0 11.6 USD Mount Olive, New Jersey BASF Corporation 100.0 840.6 (110.4) USD Mount Olive, New Jersey BASF AgGenetics LLC 100.0 (3.4) 0.2 USD Research Triangle Park, North Carolina BASF Canada Inc.
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