Exhibit 21

Hot Topic, Inc.

List of Subsidiaries

Entity		Entity Type		State of Incorporation/ Formation		Country of Incorporation/ Formation
Hot Topic Administration, Inc.		Corporation		California		U.S.
Hot Topic Merchandising, Inc.		Corporation		California		U.S.
hottopic.com, Inc.		Corporation		California		U.S.
Hot Topic Tennessee, Inc.		Corporation		California		U.S.
Hot Topic (Canada) Inc.		Corporation				Canada