Notes on the Accounts

for the year ended 31st March 2012

42 Principal subsidiaries

The group’s principal subsidiaries at 31st March 2012 are set out below. Those held directly by the parent company are marked with an asterisk (*). All the companies are wholly owned unless otherwise stated. All the subsidiaries are involved in the principal activities of the group. A full list of the group’s subsidiaries will be attached to the parent company’s annual return to be filed with the Registrar of Companies.

      Country of
incorporation
        Country of
incorporation
  Europe         Asia    
  S.A. Johnson Matthey N.V.   Belgium     Johnson Matthey (Shanghai) Catalysts Co., Ltd   China
* Avocado Research Chemicals Limited   England     Johnson Matthey (Shanghai) Chemicals Limited   China
* Davy Process Technology Limited   England     Johnson Matthey Pacific Limited   Hong Kong
* Johnson Matthey Fuel Cells Limited (82.5%)   England     Johnson Matthey India Private Limited   India
* Tracerco Limited   England     Johnson Matthey Chemicals India Private Limited   India
  Johnson Matthey SAS   France     Johnson Matthey Japan, Inc.   USA
  Alfa Aesar GmbH & Co KG   Germany   * Johnson Matthey Sdn. Bhd. (92%)   Malaysia
  Johnson Matthey Catalysts (Germany) GmbH   Germany     Johnson Matthey Catalysts Korea Limited   South Korea
  Johnson Matthey GmbH   Germany          
  Johnson Matthey DOOEL Skopje   Macedonia          
  Johnson Matthey BV   Netherlands          
  Macfarlan Smith Limited   Scotland          
  Johnson Matthey AB   Sweden     Africa    
  Johnson Matthey & Brandenberger AG   Switzerland     Johnson Matthey (Proprietary) Limited   South Africa
            Australasia    
            Johnson Matthey (Aust) Ltd   Australia
  North America         South America    
  The Argent Insurance Co. Limited   Bermuda   * Johnson Matthey Argentina S.A.   Argentina
  Johnson Matthey Limited   Canada          
  Johnson Matthey de Mexico, S.A. de C.V.   Mexico          
  Johnson Matthey Inc.   USA          
  Johnson Matthey Catalog Company Inc.   USA          
  Johnson Matthey Fuel Cells, Inc. (82.5%)   USA          
  Johnson Matthey Pharmaceutical Materials, Inc.   USA          
  Intercat, Inc.   USA          
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