EX-8.1 2 dex81.htm SIGNIFICANT SUBSIDIARIES

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.