Principal subsidiary undertakings


at 31 March 2004

  Percentage
 Country ofof ordinary
 incorporationshares held
 
Argos Retail Group  
Argos LimitedGreat Britain100%
Homebase LimitedGreat Britain100%
All Counties Insurance Company LimitedGreat Britain100%
ARG Card Services LimitedGreat Britain100%
ARG Personal Loans LimitedGreat Britain100%
Whiteaway Laidlaw Bank LimitedGreat Britain100%
GUS Trading LimitedHong Kong100%
Argos Distributors (Ireland) LimitedRepublic of Ireland100%
Homebase House and Garden Centre LimitedRepublic of Ireland100%
Hampden Group LimitedRepublic of Ireland100%
Wehkamp B.V.The Netherlands100%
     
Experian  
Experian LimitedGreat Britain100%
Experian Holding France S.A.France100%
Experian Holding A/SDenmark100%
Experian A/SDenmark100%
CreditInform ASNorway100%
ConsumerInfo.comUSA100%
Experian Information Solutions Inc.USA100%
Experian Services CorporationUSA100%
Experian Marketing Solutions Inc.USA100%
     
Burberry  
Burberry Group plcGreat Britain66%
Burberry LimitedGreat Britain66%
Burberry Italy Retail LimitedGreat Britain66%
The Scotch House LimitedGreat Britain66%
Woodrow-Universal LimitedGreat Britain66%
Burberry LimitedUSA66%
Burberry (Wholesale) LimitedUSA66%
Hampstead Properties Inc.USA66%
Burberry Realty, Inc.USA66%
Burberry France S.A.France66%
Burberry (Deutschland) GmbHGermany66%
Burberry (Italy) SRLItaly66%
Burberry (Spain) S.A.Spain66%
Burberry (Spain) Retail S.L.Spain66%
Mercader y Casadevall S.A.Spain66%
Burberry (Suisse) S.A.Switzerland66%
Burberry Pacific Pty LimitedAustralia66%
Burberry Asia LimitedHong Kong66%
Burberry Japan KKJapan66%
Burberry Korea LimitedKorea66%
Burberry Malaysia Sdn BhdMalaysia66%
Burberry (Singapore) Distribution Company Pte LimitedSingapore66%
     
South African Retailing  
Lewis Stores (Pty) LimitedSouth Africa100%


Details of interests in associated undertakings are given within Note 16.
None of the above companies is held directly by GUS plc.