TRANSAMERICA CORPORATION AND SUBSIDIARIES As of March 1, 1999 Transamerica Corporation - DE ARC Reinsurance Corporation - HI Transamerica Management, Inc. - DE Criterion Investment Management Company - TX Inter-America Corporation - CA Pyramid Insurance Company, Ltd. - HI Pacific Cable Ltd. - Bermuda RTI Holdings, Inc. - DE Transamerica Business Technologies Corporation - DE Transamerica CBO I, Inc. - DE Transamerica Corporation (Oregon) - OR Transamerica Finance Corporation - DE TA Leasing Holding Co., Inc. - DE Trans Ocean Ltd. - DE Trans Ocean Container Corp. - DE SpaceWise Inc. - DE Trans Ocean Container Finance Corp. - DE Trans Ocean Leasing Deutschland GmbH - Germany Trans Ocean Leasing PTY Limited - Australia Trans Ocean Management S.A. - Switzerland Trans Ocean Regional Corporate Holdings - CA Trans Ocean Tank Services Corporation - DE Transamerica Leasing Inc. - DE Better Asset Management Company LLC - DE Transamerica Leasing Holdings Inc. - DE Greybox Logistics Services Inc. - DE Greybox L.L.C. - DE Transamerica Trailer Leasing S.N.C. - France Greybox Services Limited - U.K. Intermodal Equipment, Inc. - DE Transamerica Leasing N.V. - Belgium Transamerica Leasing SRL - Italy. Transamerica Distribution Services Inc. - DE Transamerica Leasing Coordination Center - Belgium Transamerica Leasing do Brasil Ltda. - Brazil Transamerica Leasing GmbH - Germany Transamerica Leasing Limited - U.K. ICS Terminals (UK) Limited - U.K. Transamerica Leasing Pty. Ltd. - Australia Transamerica Leasing (Canada) Inc. - Canada Transamerica Leasing (HK) Ltd. - Hong Kong Transamerica Leasing (Proprietary) Limited - South Africa Transamerica Tank Container Leasing Pty. Limited - Australia Transamerica Trailer Holdings I Inc. - DE Transamerica Trailer Holdings II Inc. - DE Transamerica Trailer Holdings III Inc. - DE Transamerica Trailer Leasing AB - Sweden Transamerica Trailer Leasing AG - Switzerland Transamerica Trailer Leasing A/S - Denmark Transamerica Trailer Leasing GmbH - Germany Transamerica Trailer Leasing (Belgium) N.V. - Belgium Transamerica Trailer Leasing (Netherlands) B.V. - Netherlands Transamerica Trailer Spain S.A. - Spain Transamerica Transport Inc. - NJ Transamerica Commercial Finance Corporation, I - DE BWAC Credit Corporation - DE BWAC International Corporation - DE BWAC Twelve, Inc. - DE TIFCO Lending Corporation - IL Transamerica Insurance Finance Corporation - MD Transamerica Insurance Finance Company (Europe) - MD Transamerica Insurance Finance Corporation, California - CA Transamerica Insurance Finance Corporation, Canada - Ontario Transamerica Business Credit Corporation - DE The Plain Company - DE TA Air I, Corp. - DE TA Air II, Corp. - DE TA Air III, Inc. - DE TA Air IV, Corp. - DE TA Air V, Corp. - DE TA Air VI, Corp. - DE TA Air VII, Corp. - DE TA Air VIII, Corp. - DE TA Air IX, Corp. - DE TA Air X Corp. - DE TA Air East, Corp. - DE TA Marine I Corp. - DE TA Marine II Corp. - DE Direct Capital Equity Investment, Inc. - DE Direct Capital Partners, L.P. - DE (1) Inland Water Transportation, LLC - DE (2) TBC I, Inc. - DE FACTA, L.L.P. - IL (3) TBC II, Inc. - DE TBC III, Inc. - DE Transcap Trade Finance - IL (4) TBC IV, Inc. - DE TBC V, Inc. - DE Breakthrough Funding, L.L.P. - IL (5) TBC VI, Inc. - DE Presidential Business Credit, LLP (6) TBC Tax I, Inc. - DE TBC Tax II, Inc. - DE TBC Tax III, Inc. - DE TBC Tax IV, Inc. - DE TBC Tax V, Inc. - DE TBC Tax VI, Inc. - DE - ---------- (1) Joint Venture - Direct Capital Equity Investments, Inc. owns a 75% interest and Transamerica Business Credit Corporation owns a 8.33% interest. (2) Joint Venture - Direct Capital Partners, L.P. owns a 80% interest. (3) Joint Venture - TBC I, Inc. owns a 50% interest. (4) Joint Venture - TBC III, Inc. owns a 50% interest in this general partnership. (5) Joint Venture - TBC V, Inc. owns a 40% interest. (6) Joint Venture - TBC VI, Inc. owns a 50% interest. TBC Tax VII, Inc. - DE TBC Tax VIII, Inc. - DE TBC Tax IX, Inc. - DE Bay Capital Corporation - DE Gulf Capital Corporation - DE Coast Funding Corporation - DE Transamerica Business Advisory Group, Inc. - DE Transamerica Mezzanine Financing, Inc. - DE Transamerica Small Business Capital, Inc. - DE Emergent Business Capital Holdings Corporation - DE Transamerica Distribution Finance Corporation - DE Transamerica Accounts Holding Corporation - DE Transamerica Inventory Finance Corporation - DE BWAC Seventeen, Inc. - DE Transamerica Commercial Finance Corporation, Canada - Canada Transamerica Acquisition Corporation, Canada - Canada Cantrex Group, Inc. - Canada (7) Transamerica Commercial Finance Canada, Limited - Ontario BWAC Twenty-One, Inc. - DE Transamerica Commercial Holdings Ltd. - U.K. Transamerica Commercial Finance Limited - U.K. TDF Credit Insurance Services Limited - U.K. (8) Transamerica Distribution Capital Services Iberica, S.A. - Spain WFC Polska Sp. z o.o. - Poland Transamerica Trailer Leasing Limited - NY (9) OBDH, Ltd. - U.K. (10) Transamerica Commercial Finance Corporation - DE TCF Asset Management Corporation - CO Transamerica Joint Ventures, Inc. - DE Amana Finance - IL (11) American Standard Financial Services - IL (12) Penske Financial Services - IL (13) Polaris Acceptance - IL (14) Transamerica Distribution Finance Corporation de Mexico - Mexico TDF de Mexico - Mexico Transamerica Corporate Services de Mexico - Mexico Transamerica Distribution Finance - Overseas, Inc. - DE TDF Mauritius Limited - Mauritian LLC Transamerica Apple Distribution Finance, PLC - India (15) - ---------- (7) Joint Venture - Transamerica Acquisition Corporation, Canada owns a 76.2% interest. (8) Joint Venture - Transamerica Commercial Finance Limited owns a 75% interest. (9) Joint Venture - Transamerica Commercial Holdings Ltd. owns a 51% interest. (10) Joint Venture - BWAC Twenty-One, Inc. owns a 33.3% interest. (11) Joint Venture - Transamerica Joint Ventures, Inc. owns a 50% interest in this general partnership. (12) Joint Venture - Transamerica Joint Ventures, Inc. owns a 50% interest in this general partnership. (13) Joint Venture - Transamerica Joint Ventures, Inc. owns a 50% interest in this general partnership. (14) Joint Venture - Transamerica Joint Ventures, Inc. owns a 50% interest in this general partnership. (15) Joint Venture - TDF Mauritius Limited owns a 65% interest. Transamerica GmbH, Inc. - DE Transamerica Financieringsmattschappij B.V. - Netherlands Transamerica GmbH - Germany Transamerica Commercial Finance France S.A. - France Transamerica Retail Financial Services Corporation - DE Transamerica Bank N.A. Transamerica Consumer Finance Holding Company - DE Transamerica Mortgage Company - DE Transamerica Consumer Mortgage Receivables Corporation - DE Metropolitan Mortgage Company - FL Easy Yes Mortgage, Inc. - FL Easy Yes Mortgage, Inc. (Georgia) - GA First Florida Appraisal Services, Inc. - FL First Georgia Appraisal Services, Inc. - GA Freedom Tax Services, Inc. - FL J.J.&W. Advertising, Inc. - FL J.J.&W. Realty Services, Inc. - FL Liberty Mortgage Company of Ft. Myers, Inc. - FL Metropolis Mortgage Co. - FL Perfect Mortgage Company - FL Pacific Agency, Inc. - IN Transamerica Vendor Financial Services Corporation - DE Transamerica Equipment Financial Services Corporation - DE TA Air XI Corp. - DE Transamerica Public Finance LLC - DE Transamerica Home Loan - CA Transamerica HomeFirst, Inc. - CA Transamerica Lending Company - DE Transamerica Financial Products, Inc. - CA Transamerica Insurance Corporation of California - CA Arbor Life Insurance Company - AZ Bulkrich Trading Limited - HK Plaza Insurance Sales, Inc. - CA Transamerica Advisors, Inc. - CA Transamerica Annuity Service Corporation - NM Transamerica Financial Resources, Inc. - DE Financial Resources Insurance Agency of Texas - TX TBK Insurance Agency of Ohio, Inc. - OH Transamerica Financial Resources Insurance Agency of Alabama, Inc. - AL Transamerica Financial Resources Insurance Agency of Massachusetts, Inc. - MA Transamerica International Insurance Services, Inc. - DE Home Loans and Finance Ltd. - U.K. Transamerica Occidental Life Insurance Company - CA NEF Investment Company - CA Transamerica China Investments Holdings Limited - Hong Kong Transamerica International RE (Bermuda) Ltd. - Bermuda Transamerica Life Insurance and Annuity Company - NC Gemini Investments, Inc. - DE Transamerica Assurance Company - MO Transamerica Life Insurance Company of Canada - Canada Transamerica Life Insurance Company of New York - NY Transamerica South Park Resources, Inc. - DE USA Administration Services, Inc. - KS Transamerica Products, Inc. - CA Transamerica Products I, Inc. - CA Transamerica Products II, Inc. - CA Transamerica Products IV, Inc. - CA Transamerica Securities Sales Corporation - MD Transamerica Service Company - DE Transamerica Intellitech, Inc. - DE Transamerica International Holdings, Inc. - DE Transamerica Investment Services, Inc. - DE Transamerica LP Holdings Corp. - DE Transamerica Pacific Insurance Company, Ltd. - HI Transamerica Real Estate Tax Service (A Division of Transamerica Corporation) - N/A Transamerica Flood Hazard Certification (A Division of Transamerica Real Estate Tax Service) - N/A Transamerica Realty Services, Inc. - DE Bankers Mortgage Company of California - CA Pyramid Investment Corporation - DE The Gilwell Company - CA Transamerica Affordable Housing, Inc. - CA Transamerica Minerals Company - CA Transamerica Oakmont Corporation - CA Ventana Inn, Inc. - CA Transamerica Senior Properties, Inc. - DE Transamerica Senior Living, Inc. - DE TREIC Enterprises, Inc. - DE TerraPoint, LLC - DE (16) - ---------- (16) Joint Venture - TREIC Enterprises, Inc. owns a 83% interest.