The Great Universal Stores P.L.C.

Principal Subsidiaries and Joint Venture

AT 31 MARCH 1999

Home Shopping

Incorporated in Great Britain G.U.S. Home Shopping Limited Kay & Co. Limited White Arrow Express Limited Morses Limited Family Hampers Limited Ebenezer Baylis & Son Limited G.T. Cheshire & Sons Limited Incorporated Overseas AUSTRIA Universal Versand GmbH THE NETHERLANDS Wehkamp B.V. REPUBLIC OF IRELAND G.U.S. Ireland Limited SWEDEN Halens Postorder A.B. SWITZERLAND Vedia S.A.

Argos

Incorporated in Great Britain Argos Distributors Limited

Experian

Incorporated in Great Britain Experian Limited Experian US Holdings Limited Incorporated Overseas FRANCE Experian France S.A.

UNITED STATES OF AMERICA Experian Information Solutions Inc. Direct Marketing Technology Inc. Metromail Corporation

Finance Division

Incorporated in Great Britain

All Counties Insurance Company Limited General Guarantee Corporation Limited Highway Vehicle Management Limited Whiteaway Laidlaw Bank Limited

Burberry

Incorporated in Great Britain Burberry Limited The Scotch House Limited Woodrow-Universal Limited Incorporated Overseas

EUROPE
Burberry	- Belgium
	- France
	- Germany
	- Switzerland

UNITED STATES OF AMERICA Burberry Limited Burberry (Products) Limited

South African Retailing

Incorporated Overseas SOUTH AFRICA Lewis Stores (Pty) Limited

Property Joint Venture

Joint Venture - incorporated in Great Britain BL Universal PLC (50%)*



All subsidiary undertakings are wholly owned and operate principally in the country in which they are incorporated. Non-operating intermediate holding companies are excluded from the above. Details of interests in associated undertakings are given within note 17. *Held directly by The Great Universal Stores P.L.C.

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