Exhibit No. (21) KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES SIGNIFICANT SUBSIDIARIES OF THE CORPORATION The following list includes the significant subsidiaries which were owned directly or indirectly by Kimberly-Clark Corporation, a Delaware corporation, Dallas, Texas, as of December 31, 1996. Kimberly-Clark's percentage ownership of each company is 100 percent unless otherwise indicated. The place of incorporation is the same as the location of the company except as shown parenthetically. CONSOLIDATED SUBSIDIARIES: Kimberly-Clark Canada Inc. and subsidiaries, Mississauga, Ontario, Canada Kimberly-Clark Tissue Company (Pennsylvania); Dallas, Texas Kimberly-Clark Worldwide, Inc. (Delaware), Dallas, Texas EQUITY COMPANY: Kimberly-Clark de Mexico, S.A. de C.V. and subsidiaries, Mexico City, Mexico (46.2%)