CEPSA UK, LTD.

Petrochemicals Trading

Audrey House ( 5Th Floor)16-20 Ely Place

EC1N 6SN Great Britain

Phone number: 2078312788   Fax 2078312797

CEPSA's participation:

100%

CEPSA Química, S.A.

Avda. del Partenón,12

28042 Madrid Spain

Phone number: 91 337 6000

CEPSA's participation:

100%

CEPSA Chimie Montreal

10200East Sherbrooke Street.

H1B 1B4  Canada

Phone number: 1 514 645 78 87

CEPSA's participation:

51%

CEPSA ITALIA, S.p.A.

Petrochemicals Trading

Viale Milanofiori Palazzo A/6.

20090 Italy

Phone number: 39 02 824 21 86

CEPSA's participation:

100%

CEPSA Chimie Bécancour

5250Boulevard Becancour.

G9H 3X3  Canada

Phone number: 1 819 294 14 14

CEPSA's participation:

51%