EXHIBIT 21
SUBSIDIARIES OF INSITUFORM TECHNOLOGIES, INC.
The following table sets forth certain information as of December 31,
2002 concerning the Company and its subsidiaries. Unless otherwise indicated,
all securities of such subsidiaries are owned by the Company:
Place of %of Voting
Name Incorporation Securities
- ---------------------------------------- ------------------------ ----------
Affholder, Inc. Missouri 100
INA Acquisition Corp. Delaware 100
Insituform France, S.A. France 99.9 (1)
Insituform Holdings (UK) Limited United Kingdom 100 (1)
Insituform Linings Plc United Kingdom 75 (2)
Insituform (Netherlands) B.V. Netherlands and Delaware 100 (1)
Insituform Rioolrenovatietechnieken B.V. Netherlands 100 (3)
Insituform Technologies Limited Alberta, Canada 100
Insituform Technologies Limited United Kingdom 100 (2)
Insituform Technologies USA, Inc. Delaware 100
Kinsel Industries, Inc. Texas 100
United Sistema de Tuberias Limitada Chile 100 (4)
Video Injection S.A. France 89.6 (1)
Other subsidiaries of the Company are not named in the table above.
Such unnamed subsidiaries considered in the aggregate as a single subsidiary
would not constitute a significant subsidiary.
- --------------------------
(1) Securities are owned by INA Acquisition Corp.
(2) Securities are owned by Insituform Holdings (UK) Limited.
(3) Securities are owned by Insituform (Netherlands) B.V.
(4) Securities are owned 60% by Insituform Technologies, Inc. and 40% by
INA Acquisition Corp.