Exhibit No. (21) KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES Subsidiaries of the Corporation CONSOLIDATED SUBSIDIARIES AND EQUITY COMPANIES The following list includes certain companies that were owned directly or indirectly by Kimberly-Clark Corporation, a Delaware corporation, Dallas, Texas, as of December 31, 1998. Kimberly-Clark's percentage ownership of each company is 100% unless otherwise indicated. This list includes all significant subsidiaries and equity companies. The place of incorporation or organization is the same as the location of the company except as shown parenthetically. CONSOLIDATED SUBSIDIARIES Avent, Inc. and subsidiaries (Delaware), Tucson, Arizona Colombiana Kimberly Colpapel S.A., Medellin, Colombia (59%)* Ecuapel, S.A., Guayaquil, Ecuador (41%) Housing Horizons, LLC, Dallas, Texas K-C Vinathai Co. Ltd., Hanoi, Vietnam (51%) Kimberly Bolivia S.A., Santa Cruz, Bolivia (30%) Kimberly-Clark Argentina Holdings S.A. and subsidiaries, Buenos Aires, Argentina Kimberly-Clark a.s., Czech Republic Kimberly-Clark B.V., Ede, The Netherlands Kimberly-Clark CBG Hygienic Products Company Limited, Chengdu, Handan, Kunming and Nanjing, China Kimberly-Clark Canada Inc. and subsidiaries, Mississauga, Ontario, Canada Kimberly-Clark de Centro America, S.A., Sitio del Nino, El Salvador (81%) Kimberly-Clark Chile, S.A., Santiago, Chile Kimberly-Clark GmbH, Koblenz, Germany Kimberly-Clark Holding Ltd. and subsidiaries, Kent, United Kingdom Kimberly-Clark (Hong Kong) Limited, Kowloon, Hong Kong Kimberly-Clark International, S.A., Panama City, Panama Kimberly-Clark Japan Limited, Tokyo, Japan Kimberly-Clark Kenko Industria e Commercio Ltda., Sao Paulo, Brazil (51%) Kimberly-Clark Lda., Lisbon, Portugal Kimberly-Clark Luxembourg S.A.R.L. and subsidiaries, Luxembourg Kimberly-Clark Malaysia Sendirian Berhad, Petaling Jaya, Malaysia Kimberly-Clark N.V., Duffel, Belgium Kimberly-Clark Paper (Guangzhou) Company Ltd., Guangzhou, China Kimberly-Clark Paper (Shanghai), Ltd., Shanghai, China (56%) Kimberly-Clark Paraguay, S.A., Asuncion, Paraguay Kimberly-Clark Personal Hygienic Products Co., Ltd., Beijing, China Kimberly-Clark Personal Hygienic Products (Nanjing) Co. Ltd., Nanjing, China Kimberly-Clark Poland Sp.zo.o., Warsaw, Poland Kimberly-Clark Philippines Inc., Makati, Philippines (87%) Kimberly-Clark Printing Technology, Inc. (California) and subsidiaries, Roswell, Georgia Kimberly-Clark Products (Malaysia) Sdn. Bhd., Kluang, Malaysia Kimberly-Clark Pudumjee Limited, Pune, India (51%) Kimberly-Clark Puerto Rico, Inc. (Delaware), San Juan, Puerto Rico Kimberly-Clark S.A. and subsidiaries, Madrid, Spain Kimberly-Clark - SID, S.A., Dominican Republic (80%) Kimberly-Clark (Singapore) Pte. Ltd., Singapore Kimberly-Clark S.N.C., Saint Cloud, France Kimberly-Clark Southern Africa (Holdings) (Pty) Ltd. and subsidiaries, Johannesburg, South Africa (50% plus one share) Kimberly-Clark S.p.A., Torino, Italy Kimberly-Clark Technical Paper, Inc. (New Hampshire), East Ryegate, Vermont Kimberly-Clark Thailand Limited, Bangkok, Thailand Kimberly-Clark Tissue Company (Pennsylvania), Dallas, Texas Kimberly-Clark Ukraine LLC, Kiev, Ukraine Kimberly-Clark Uruguay, S.A., Montevideo, Uruguay Kimberly-Clark Vietnam Co, Inc., Ho Chi Minh City, Vietnam Kimberly-Clark Worldwide, Inc. (Delaware), Dallas, Texas KIMNICA, S.A., Managua, Nicaragua (81%) MIMO, S.A., Guayaquil, Ecuador (46%) MIMO, S.A., Lima, Peru (47%) ooo Kimberly-Clark, Moscow, Russia Papelera Guaicaipuro, C.A., Maracay, Venezuela (40%) Papeles Absorbentes, S.A., Guatemala City, Guatemala (54%) P.T. Scott Paper Indonesia, Jakarta Utara, Indonesia Scott Paper Company de Costa Rica, S.A. and subsidiaries, San Jose, Costa Rica (81%) Scott Paper Company - Honduras, S.A. de C.V., San Pedro, Honduras (81%) Scott, S.A. and subsidiaries, Saint Cloud, France Taiwan Scott Paper Corporation, Taipei, Taiwan (67%) Tecnol Medical Products, Inc. and subsidiaries (Delaware), Fort Worth, Texas Venekim, C.A., Caracas, Venezuela (59%) YuHan-Kimberly, Limited, Seoul, Korea (70%) EQUITY COMPANIES Hogla-Kimberly Limited and subsidiaries, Hadera, Israel (49.9%) KCK Tissue S.A., Buenos Aires, Argentina (50%) Kimberly-Clark Australia Pty. Limited, Milsons Point, New South Wales, Australia (50%) Kimberly-Clark Lever, Ltd., Pune, India (50%) Kimberly-Clark de Mexico, S.A. de C.V. and subsidiaries, Mexico City, Mexico (47.2%) Klabin Kimberly S.A., Sao Paulo, Brazil (50%) Olayan Kimberly-Clark Arabia Company, Al-Khobar, Kingdom of Saudi Arabia (49%) Olayan Kimberly-Clark (Bahrain) WLL, Manama, Bahrain (49%) P.T. Kimsari Paper Indonesia, Medan, Indonesia (50%) Tecnosur S.A., Columbia (29%) * Consolidated as of January 1, 1999