in the First Half of 2003 98th Fiscal Year - FIAT SpA

Subsidiaries consolidated on a line-by-line basis (continued)
68 Annex Fiat Group Companies at June 30, 2003
% of
Group % of
consoli- Interest % interest voting
Name Registered office Country Capital stock Currency dation held by held rights
Regulus S.A. Kourou French Guiana 640,000 EUR 60.00 FiatAvio S.p.A. 60.000
Società di Servizi Comprensoriali e di
Sviluppo Immobiliare-SE.CO.SV.IM. S.r.l. Rome Italy 53,929,691 EUR 100.00 FiatAvio S.p.A. 99.998
Società Italiana Commerciale
Industriale-SICI S.p.A. 0.002
Società Elettronica per l’Automazione S.p.A. Turin Italy 10,672,944 EUR 100.00 FiatAvio S.p.A. 100.000
❚ Services
Business Solutions S.p.A. Turin Italy 101,412,065 EUR 100.00 Fiat S.p.A. 100.000
Building Services S.r.l. Turin Italy 90,000 EUR 51.00 Ingest Facility S.p.A. 51.000
Building Support S.r.l. a socio unico Turin Italy 90,000 EUR 51.00 Building Services S.r.l. 100.000
Business Solutions Deutschland
FiatGroup GmbH Ulm Germany 200,000 EUR 100.00 Business Solutions S.p.A. 100.000
Business Solutions do Brasil Ltda Nova Lima Brazil 34,987,855 BRL 100.00 Business Solutions S.p.A. 100.000
Business Solutions FiatGroup USA Inc. Wilmington U.S.A. 1,000 USD 100.00 Business Solutions S.p.A. 100.000
Business Solutions France FiatGroup S.a.s. Paris France 695,600 EUR 100.00 Business Solutions S.p.A. 60.000
Fiat France S.A. 40.000
Business Solutions Iberica Fiat Group SL Madrid Spain 369,327 EUR 100.00 Business Solutions S.p.A. 80.000
Fiat Iberica S.A. 20.000
Business Solutions Polska Sp. z o.o. Bielsko-Biala Poland 3,600,000 PLN 100.00 Business Solutions S.p.A. 99.986
Fiat Polska Sp. z o.o. 0.014
Cleantecno S.r.l. Turin Italy 90,000 EUR 100.00 Ingest Facility S.p.A. 100.000
Cromos Consulenza e Formazione S.r.l. Turin Italy 13,000 EUR 74.15 Isvor Knowledge System S.p.A. 76.000
Delivery & Mail S.r.l. Turin Italy 90,000 EUR 100.00 Ingest Facility S.p.A. 100.000
Easy Drive S.r.l. a S.U. Turin Italy 10,400 EUR 100.00 Business Solutions S.p.A. 100.000
eSPIN S.p.A. Turin Italy 1,000,000 EUR 100.00 Business Solutions S.p.A. 100.000
Fast Buyer do Brasil Ltda Nova Lima Brazil 50,000 BRL 99.92 Fast-Buyer S.p.A. 99.998
Business Solutions do Brasil Ltda 0.002
Fast Buyer France S.a.r.l. Paris France 7,700 EUR 99.92 Fast-Buyer S.p.A. 100.000
Fast-Buyer S.p.A. Turin Italy 7,000,000 EUR 99.92 Business Solutions S.p.A. 99.916
Fiat Engineering France S.A. Paris France 680,000 EUR 99.98 Fiat Engineering S.p.A. 99.984
Fiat Engineering India Ltd. New Delhi India 3,500,000 INR 100.00 Fiat Engineering S.p.A. 100.000
Fiat Engineering S.p.A. Turin Italy 10,588,250 EUR 100.00 Investimenti e Gestioni S.p.A. 85.000
Business Solutions S.p.A. 15.000
Fiat GES.CO. Belgium N.V. Brugge Belgium 62,500 EUR 100.00 Gesco U.K. Limited 99.960
Fiat Gesco S.p.A. 0.040
Fiat Gesco S.p.A. Turin Italy 3,600,000 EUR 100.00 Business Solutions S.p.A. 100.000
FiatEngineering do
Brasil-Comercio e Industria Ltda Belo Horizonte Brazil 1,000,000 BRL 100.00 Fiat Engineering S.p.A. 78.800
Fiat Engineering France S.A. 21.200
FiatEngineering Polska Sp. z o.o. Bielsko-Biala Poland 100,000 PLN 100.00 Fiat Engineering S.p.A. 100.000
Gesco Active S.p.A. Turin Italy 100,000 EUR 100.00 Fiat Gesco S.p.A. 100.000
Gesco Sud S.p.A. Turin Italy 100,000 EUR 100.00 Fiat Gesco S.p.A. 100.000
Gesco U.K. Limited Basildon United Kingdom 750,000 GBP 100.00 Fiat Gesco S.p.A. 75.000
Fiat United Kingdom Limited 25.000
GestioneLavoro S.p.A. Turin Italy 100,000 EUR 51.00 H.R. Services S.p.A. 51.000
ITS Information
Global Value S.p.A. Turin Italy 1,000,000 EUR 50.00 Technology Services S.r.l. a S.U. 50.000
H.R. Services S.p.A. Turin Italy 400,000 EUR 100.00 Business Solutions S.p.A. 100.000
WorkNet società di fornitura
Individua S.p.A. Milan Italy 105,000 EUR 100.00 di lavoro temporaneo-per azioni 100.000