EX-8.1 2 dex81.htm SIGNIFICANT SUBSIDIARIES

Exhibit 8.1

Significant Subsidiaries

The following table sets forth our significant subsidiaries as of May 31, 2006:

Name of Company |  | Jurisdiction of Establishment |  | Percentage Owned |
CIBSA |  | Mexico |  | 100.0 | %
Coca-Cola FEMSA |  | Mexico |  | 45.7 | (1)
Propimex, S.A. de C.V. |  | Mexico |  | 45.7 |
Administración y Asesoría Integral, S.A. de C.V. |  | Mexico |  | 45.7 |
Corporación Interamericana de Bebidas, S.A. de C.V. (Panamco) |  | Mexico |  | 45.7 |
Panamco México, S.A. de C.V. |  | Mexico |  | 45.4 |
Panamco Bajío, S.A. de C.V. |  | Mexico |  | 43.6 |
Kristine Oversease, S.A. de C.V. (holding company of Brazilian operations) |  | Mexico |  | 38.0 |
Emprex |  | Mexico |  | 100.0 |
FEMSA Cerveza |  | Mexico |  | 100.0 |
Cervecería Cuauhtémoc Moctezuma, S.A. de C.V. |  | Mexico |  | 100.0 |
Cervezas Cuauhtémoc Moctezuma, S.A. de C.V. |  | Mexico |  | 100.0 |
FEMSA Comercio |  | Mexico |  | 100.0 |
Cadena Comercial Oxxo, S.A. de C.V. |  | Mexico |  | 100.0 |
Oxxo Express, S.A. de C.V. |  | Mexico |  | 100.0 |

(1) | Percentage of capital stock. FEMSA owns 53.6% of the capital stock with full voting rights.