Notes to the Financial Statements

For the short period 1 April 2006 to 3 March 2007

37. PRINCIPAL SUBSIDIARY AND ASSOCIATED UNDERTAKINGS

  Description Country of
incorporation
Percentage of
ordinary shares held
Home Retail Group
Home Retail Group (UK) Limited*
Group holding company UK 100
Argos Limited General merchandise retailing UK 100
Argos Distributors (Ireland) Limited General merchandise retailing Republic of Ireland 100
Homebase Limited Home enhancement retailing UK 100
Homebase House and Garden Centre Limited Home enhancement retailing Republic of Ireland 100
Hampden Group Limited Home enhancement retailing UK 100
Home Retail Group Card Services Limited Financial services UK 100
ARG Personal Loans Limited Financial services UK 100
Home Retail Group Insurance Services Limited Financial services UK 100
Home Retail Group (Hong Kong) Limited Product sourcing for the
Home Retail Group companies
Hong Kong 100
Details of interests in joint ventures and associated undertakings are given within Note 18.

* Held directly by the parent entity

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