EXHIBIT NUMBER (21)
TO 1996 FORM 10-K
NORTHERN TRUST CORPORATION SUBSIDIARIES
AS OF MARCH 1, 1997
Percent Jurisdiction of
Owned Incorporation
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The Northern Trust Company 100% Illinois
NorLease, Inc. 100% Delaware
MFC Company, Inc. 100% Delaware
The Northern Trust Company, Canada 100% Ontario, Canada
Nortrust Nominees Ltd. 100% London
The Northern Trust Company U.K. Pension Plan
Limited 100% London
The Northern Trust International Banking
Corporation 100% Edge Act
Nortrust International Finance (Hong Kong) Ltd. 100% Hong Kong
Northern Global Financial Services Ltd. 100% Hong Kong
Northern Trust Trade Services Limited 100% Hong Kong
Northern Trust Fund Managers (Ireland) Limited 100% Ireland
Northern Trust of Florida Corporation 100% Florida
Northern Trust Cayman International, Ltd. 100% Cayman Islands, BWI
Northern Trust Bank of Florida N.A. 100% National Bank
Realnor Properties, Inc. 100% Florida
Realnor Special Properties, Inc. 100% Florida
Realnor 1177, Inc. 100% Florida
Realnor Hallandale, Inc. 100% Florida
Nortrust of Arizona Holding Corporation 100% Arizona
Northern Trust Bank of Arizona N.A. 100% National Bank
Northern Trust of California Corporation 100% Delaware
Northern Trust Bank of California N.A. 100% National Bank
Berry, Hartell, Evers & Osborne, Inc. 100% Delaware
Northern Trust Bank of Texas N.A. 100%* National Bank
Fiduciary Services Inc. 100% Texas
Tanglewood Bancshares, Inc. 100% Texas
Northern Futures Corporation 100% Delaware
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* 75.5% directly and 24.5% through Tanglewood Bancshares, Inc.
NORTHERN TRUST CORPORATION SUBSIDIARIES
AS OF MARCH 1, 1997
(continued)
Percent State of
Owned Incorporation
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Northern Investment Corporation 100% Delaware
Northern Investment Management Company 100% Delaware
Northern Trust Securities, Inc. 100% Delaware
Northern Trust Services, Inc. 100% Illinois
Nortrust Realty Management, Inc. 100% Illinois
The Northern Trust Company of New York 100% New York
Northern Trust Retirement Consulting, Inc. 100% Delaware
Northern Trust Global Advisors, Inc. 100% Delaware
NT Global Advisors, Inc. 100% Ontario, Canada
Northern Trust Global Advisors Limited 100% England
RCB Trust Company 100% Connecticut
Metroplex Bancshares, Inc. 100% Texas
Metroplex Delaware Financial Corporation 100% Delaware
Bent Tree National Bank 100% National Bank