From: IBM European Works Council - International Relations;
IBM European Works Council Agreement, list of documents;
Documents in English
IBM Corporation Subsidiaries EWC list
State or country voting securities
of incorporation
Subsidiaries - As of March 31, 1999 or organization ** NOTES **
Austria
-- IBM Oesterreich Internationale Bueromaschinen Gesellschaft m.b.H. 100
-- IBM Pensionskasse Aktiengesellschaft .......................... 100
-- INFOSERVICE Informations-Systeme Betriebs-GmbH................. 100
-- OECS Computer Service GmbH .................................... 100
-- Lotus Development Ges.m.b.H. ..................................... 100
Belgium
-- International Business Machines of Belgium S.A. .................. 99.99 (C)
-- APEM S.A. ..................................................... 80.79
-- Computer Support N.V. ......................................... 100
-- IBM Belgium Financial Services Company S.A. ................... 99.99 (A)
-- IBM European International Services Company S.A. .............. 99.99 (A)
-- Services Maintenance Systemes S.A. ............................ 78.49
-- Skillteam S.A. ................................................ 60.58
-- Lotus Development Belgium N.V. ................................... 99.96 (C)
Denmark
-- IBM Danmark A/S .................................................. 100
-- Computer Resources International A/S ....................... 50
-- ASET A/S ................................................ 100
-- EAST A/S ................................................ 100
-- Mentor Informatik Financiering A/S ...................... 100
-- danNet A/S ................................................. 50
-- EDB Gruppen A/S ............................................ 55.46
-- EDB Gruppen Systems A/S. ................................. 100
-- Infoflex A/S ......................................... 100
-- EG Data Inform A/S ...................................... 100
-- JPA A/S ................................................. 75
-- Strongline Software A/S ................................. 100
-- Studie 1-2 ApS .......................................... 50
-- MAS A/S..................................................... 75
-- MAS International .......................................... 100
-- Nordic Software APS ... .................................... 100
-- Parkegaard Partners A/S .................................... 100
-- Lotus Development Danmark A/S .................................... 100
Finland
-- Oy International Business Machines AB ............................ 100
-- ISCOM Oy ................................................... 100
-- Lotus Development Finland Oy ..................................... 100
France
-- Compagnie IBM France, S.A. ....................................... 99.99 (A)
-- Advanced Memories France SNC .................................. 99.99 (A)
-- ANELIA ........................................................ 99.98 (A)
-- CGI Informatique S.A. ......................................... 99.88 (A)
-- Ardal ...................................................... 100
-- EURHONE ....................................................... 50
-- IBM Essonnes Manufacturing Societe en nom coffectif (S.N.C.)... 99.96 (C)
-- IBM France Financement, S.A. .................................. 99.99 (A)
-- IBM France Gestion SNC ........................................ 99.99 (C)
-- IBM France Gestion 2 SNC ...................................... 99.99 (C)
-- IBM France Gestion 3 SNC ...................................... 99.99 (C)
-- IBM France Location S.N.C. .................................... 99 (C)
-- IBM XXI Societe par Actions Simplifiee ........................ 99.96 (C)
-- MONTICS, S.A. ................................................. 50.98
-- Progipart, S.A. ............................................... 52.99
-- SEDIT-MARIANNE ................................................ 99.99 (A)
-- Societe Civile Immobiliere du Plan du Bois (SCIPB)............. 99.75 (C)
-- Software Artistry SARL ........................................ 100
-- IBM Eurocoordination ............................................. 100 (B)
-- IBM Europe Middle East Africa .................................... 99.98 (C)
-- Chem Systems S.A. ................................................ 100
-- Lotus Assistance S.a.r.l. ........................................ 100
-- Lotus Development S.A. ........................................... 99.99 (C)
Germany
-- IBM Beteiligungs GmbH ............................................ 100
-- IBM Deutschland GmbH ............................................. 82.05 (C)
-- CGI Informatik Deutschland GmbH ............................... 100
-- CGI Informatik GmbH ........................................ 100
-- CSG Computer Service GmbH ..................................... 100
-- DISOS-DV-InformationsSysteme, Organisation und Service GmbH ... 100
-- DVO-Datenverarbeitungs-Service Oberhausen GmbH ................ 74.9
-- Gesellschaft fuer Kommunale Informationsverarbeitung (GKI) mbH. 49
-- GSS System Service fuer Rechenzentren mbH ..................... 50
-- IBB Informationssysteme Beratungs-und Betriebsgesellschaft mbH. 100
-- IBM Deutschland Direktvertrieb GmbH ........................... 100
-- IBM Deutschland Entwicklung GmbH .............................. 100
-- IBM Deutschland Informationssysteme GmbH ...................... 100
-- IBM Deutschland Kreditbank GmbH ............................... 100
-- IBM Deutschland Speichersysteme GmbH .......................... 100
-- IBM Deutschland Unterstuetzungskasse GmbH ..................... 100
-- IBM Unternehmensberatung GmbH ................................. 100
-- ICA Informationssysteme Consulting-und Anwendungs-
Gesellschaft mbH ............................................ 74.9
-- ICG Informationssysteme Consulting und Betriebs-
Gesellschaft mbH ............................................ 51
-- IDG Informationsverarbeitung und Dienstleistungen GmbH ........ 74.9
-- ISD Informationssysteme und Dienstleistungs GmbH .............. 74.9
-- SerCon Service-Konzepte fuer Informations-Systeme GmbH ........ 100
-- Unison Software Deutschland GmbH ................................. 100
-- Lotus Development GmbH ........................................... 100
-- Object Technology Deutschland GmbH ............................... 100
-- Alpha Information Services Germany ............................... 100
Greece
-- IBM Hellas Information Handling Systems S.A. ..................... 99.99 (C)
Ireland
-- IBM Ireland Limited .............................................. 100
-- IBM Ireland Financial Services Limited ........................ 100
-- IBM Ireland Information Services Limited ...................... 100
-- IBM Ireland Product Distribution Limited ...................... 100
-- Lefern Limited ................................................ 100
-- Pendletown Limited ............................................ 100
-- Resolution Technology, Ltd. ................................... 50
-- ServicePlus Ireland Ltd. ...................................... 100
-- Think Computer Services Ltd. .................................. 100
-- IBM International Treasury Services Company ...................... 100
-- IBM Credit EMEA Factoring Company Limited ..................... 100
-- Drenadale Limited ................................................ 100
-- IBM International Holdings Finance Company Limited ............ 100
-- Giftwinds Limited ................................................ 100
-- Silview Field Limited ............................................ 100
-- Vonderwood Limited ............................................... 100
-- W.T.C.D. Insurance Corporation Ltd. .............................. 100
-- Lotus Development Distribution Limited ........................... 99 (C)
-- Lotus Fulfillment Limited ........................................ 50 (C)
-- IBM ITS Centre A Company ......................................... 100
-- IBM ITS Centre D Company Limited ................................. 100
-- IBM ITS Centre E Company Limited ................................. 99.99 (C)
Italy
-- IBM Italia S.p.A. ................................................ 95.71 (C)
-- A.B.M.C.G. Architecture and Business Models Consulting Group
S.p.A........................................................ 70
-- BLU A.G.E.S. Puglia e Basilicata S.r.l. ....................... 75
-- Boselli Sistemi NBS S.p.A. .................................... 60
-- CGI Consulting S.p.A........................................... 51 (C)
-- Cirio Information Technology S.r.l. ........................... 70
-- FINDATASYSTEM S.p.A. .......................................... 70
-- Ghenos Informatica S.r.l. ..................................... 90
-- IBM SEMEA Servizi Finanziari S.p.A. ........................... 100
-- IBM SEMEA SUD S.r.l. .......................................... 99.99 (C)
-- Societa Consortile A r.l. Progetti Tecnologici Sud ......... 50 (C)
-- ICT Servizi S.r.l. ............................................ 80
-- IN.TE.S.A. - Iniziative Telematiche per i Servizi
Applicativi - S.p.A. ....................................... 50
-- Industria Per IL Software S.p.A. .............................. 70 (C)
-- IT.S.I. S.r.l.................................................. 95
-- Mediosystem S.p.A. ............................................ 100
-- Multivendor Service S.r.l. .................................... 100
-- Outsourcing Company S.p.A. (O.S.C.) ........................... 64
-- Proxima S.r.l. ................................................ 70
-- S.I.N. Est S.p.A. ............................................. 90
-- SAP Italia Consulting S.r.l. .................................. 51
-- SELFIN Servizi Elettronici Finanziari S.p.A. .................. 50
-- Siomatica S.p.A. .............................................. 65
-- SISTEMI INFORMATIVI S.p.A. .................................... 70 (C)
-- Solution Team S.p.A. ....................................... 100
-- SOFIT S.r.l. .................................................. 100
-- Lotus Development Italia S.p.A.................................... 100
-- CGI Informatica S.r.l. ........................................... 100
Netherland
-- IBM Global Holdings B.V........................................... 100
-- IBM International Holdings B.V. ............................... 100
-- International Logistics and Services B.V. ..................... 100
-- International Maintenance Parts Logistics B.V. ................ 100
-- International Sales and Services B.V. ......................... 100
-- IBM International Centre for Asset Management N.V. ............... 100
-- IBM Nederland N.V. ............................................... 100
-- Central Services Group B.V. ................................... 100
-- CIMAD Consultants B.V. ........................................ 100
-- Computerij Opleidingen B.V. ................................... 100
-- Fair Information Services B.V. ................................ 50
-- IBM International Finance N.V. ................................ 100
-- IBM Nederland Financieringen B.V. ............................. 100
-- Information Systems Management Plus B.V. ...................... 100
-- Lotus Club International B.V. ................................... 100
-- Lotus Development B.V. .......................................... 100
-- Lotus Development Holdings, B.V. ....................... 100
-- Lotus Development Nederland B.V................. 100
-- Data Sciences BV ................................................. 100
-- CRI B.V. ......................................................... 100
-- CGI Informatica Holding B.V. ..................................... 100
-- CGI Systems B.V. .............................................. 100
Norway
-- International Business Machines A/S .............................. 60 (C)
-- ConCrea AS .................................................... 100
-- Kjonerud Eiendom A/S .......................................... 100
-- Kjonerud Technologisenter ANS ................................. 99 (C)
-- Kommunedata AL ................................................ 62.5
-- MAS Norge AS .................................................. 51 (C)
-- EDB Gruppen Norge AS ............................................. 84
-- Lotus Development Norway AS ...................................... 100
Portugal
-- CGI Portugal S.A. ................................................ 100
-- Companhia IBM Portuguesa, S.A. ................................... 100
-- Compensa-Servicos de Telecomunicacoes S.A................... 100
-- IBM Financiamento-Sociedade de Locacao
Financeira Mobiliaria, S.A. ............................. 100
-- Rigorsoft Solucoes Informaticas, S.A. ...................... 100
Spain
-- International Business Machines, S.A. ............................ 99.99 (C)
-- Corporacion IBM Espana, S.A. ................................... 99.99 (C)
-- IBM Financiacion E.F.C. S.A. .................................. 99.99 (C)
-- IBM Global Services Espana, S.A. .............................. 99.99 (C)
-- IBM ISS/INDRA SSI, A.I.E. .................................. 50
-- Lambda Gestion, S.A. ....................................... 100
-- IBM Global Services Redes de Ordenadores y Servicios, S.A. .... 99.98 (C)
-- Lotus Development Iberica S.A. ................................... 99.8 (C)
-- CGI Informatica, S.A.............................................. 99.99
Sweden
-- IBM Nordic Aktiebolag ............................................ 100
-- IBM Svenska Aktiebolag ........................................ 100
-- BMS Medical Services AB .................................... 100
-- Enersearch Aktiebolag ...................................... 50
-- IBM Credit Aktiebolag ...................................... 100
-- Management & Application Support Svenska AB ................ 100
-- MAS Sverige AB ................................................... 67 (C)
-- Tancom Multimedia AB ............................................. 100
-- Tancom Consulting AB ...................................... 100
-- Lotus Development Sverige A.B. ................................... 100
F O O T N O T E R E F E R E N C E S
(A) Minor percentage held by other IBM shareholders
(B) IBM Eurocoordination is owned by local european subsidiaries
(C) Remaining percentage owned by another wholly-owned IBM company or company
director.