LIST OF SIGNIFICANT SUBSIDIARIES

EXHIBIT 21

The following are the subsidiaries of the Registrant included in the
Registrant's consolidated financial statements at December 31, 1999. Other
subsidiaries are not listed because such subsidiaries are inactive. Subsidiaries
are listed alphabetically under either the domestic or international categories.

Jurisdiction under Percent of voting securities
Domestic which organized owned by Registrant
- -------- ------------------ ----------------------------

ATM Finance, Inc. Ohio 100%
Central Security Systems, Incorporated Hawaii 100%
DBD Investment Management Company Delaware 100%
Diebold Australia Holding Company, Inc. Delaware 100%
Diebold China Security Holding Company, Inc. Delaware 100%
Diebold Credit Corporation Delaware 100%
Diebold Finance Company, Inc. Delaware 100% (1)
Diebold Foreign Sales Corporation St. Thomas, U.S. Virgin Islands 100% (1)
Diebold Holding Company, Inc. Delaware 100%
Diebold Investment Company Delaware 100%
Diebold Latin America Holding Company, Inc. Delaware 100%
Diebold Mexico Holding Company, Inc. Delaware 100%
Diebold Midwest Manufacturing, Inc. Delaware 100%
Diebold of Nevada, Inc. Nevada 100%
Diebold Self-Service Systems New York 100% (2)
Diebold Southeast Manufacturing, Inc. Delaware 100% (3)
Diebold SST Holding Company, Inc. Delaware 100%
Diebold Texas, Incorporated Texas 100%
Diebold Transaction Services, Inc. Delaware 100%
Griffin Technology Incorporated New York 100%
InterBold Technologies, Inc. Delaware 100% (4)
Mayfair Software Distribution, Inc. Delaware 100%
Nexus Software, Incorporated Delaware 100%
Pioneer Systems, Inc. Pennsylvania 100%
R. D. Products, Inc. New York 100%
VDM Holding Company, Inc. Delaware 100%
Verdi & Associates, Inc. New York 100%

(1) 100% of voting securities are owned by Diebold Investment Company which is
100% owned by the Registrant.
(2) 70% of partnership interest is owned by Diebold Holding Company,
Inc., which is 100% owned by the Registrant and 30% is owned by Diebold
SST Holding Company, Inc., which is 100% owned by the Registrant.
(3) 100% of voting securities are owned by Diebold Midwest Manufacturing,
Inc., which is 100% owned by the Registrant.
(4) 100% of voting securities are owned by Diebold Self-Service Systems,
which is 70% owned by Diebold Holding Company, Inc. and 30% owned by
Diebold SST Holding Company, Inc., which are 100% owned by the
Registrant.

LIST OF SIGNIFICANT SUBSIDIARIES (CONTINUED)

Jurisdiction under Percent of voting securities
International which organized owned by Registrant
- ------------- --------------- ----------------------------

China Diebold Financial Equipment Company LTD. Peoples Republic of China 71%
DBD Asset Management S.A. de C.V. Mexico 100% (5)
DCHC, S.A. Panama 100% (16)
Diebold Argentina, S.A. Argentina 55% (15)
Diebold Australia Pty. Ltd. Australia 100% (6)
Diebold Belgium S.P.R.L. Belgium 90% (18)
Diebold Brasil LTDA Brazil 100% (16)
Diebold Colombia Colombia 55% (19)
The Diebold Company of Canada Limited Canada 100%
Diebold EMEA B.V. Netherlands 100%
Diebold France SARL France 100%
Diebold Germany GmbH Germany 100% (8)
Diebold HMA Private Limited India 50%
Diebold Hungary Ltd. Hungary 100%
Diebold International Limited United Kingdom 100%
Diebold Italy S.r.l. Italy 100% (18)
Diebold Mexico, S.A. de C.V. Mexico 100% (7)
Diebold Netherlands B.V. Netherlands 100%
Diebold OLTP Systems, A.V.V. Aruba, Dutch West Indies 50%
Diebold OLTP Systems, C.A. Venezuela 50% (14)
Diebold Pacific, Limited Hong Kong 100%
Diebold Panama, Inc. Panama 100% (16)
Diebold Poland S.p. z.o.o. Poland 100%
Diebold Safetell International Security Limited Australia 100% (10)
Diebold Security and Services Pty. Australia 100% (10)
Diebold Selbstbedienungssysteme GmbH Austria 100%
Diebold Selbstbedienyngssysteme (Schweiz)GMBH Switzerland 100%
Diebold Self Service Solutions LTD Liab. Co. Switzerland 100%
Diebold Singapore Pte. Ltd Singapore 100%
Diebold South Africa (PTY) LTD South Africa 100%
Diebold Spain, S.L. Spain 100%
Diebold (Thailand) Company Limited Thailand 100%
DPB S.A. Argentina 50% (14)

LIST OF SIGNIFICANT SUBSIDIARIES (CONTINUED)

Jurisdiction under Percent of voting securities
International which organized owned by Registrant
- ------------- ------------------ ----------------------------

DSSS Panama, S.A. Panama 55% (15)
InterBold Pacific Limited Hong Kong 100% (8)
InterBold Singapore Pte Ltd Singapore 100% (9)
Mecaf Impressoras S.A. Brazil 100% (17)
Nexus Software UK LTD. United Kingdom 100% (13)
Procomp Amazonia Industria Eletronica S.A. Brazil 100% (17)
Procomp Comercio e Servicos LTDA Brazil 100% (17)
Procomp Industria Eletronica S.A. Brazil 100% (17)
RLM Monitoring Pty. Ltd. Australia 100% (10)
Safequip Automated Systems Pty. Ltd. Australia 50% (11)
Safetell Cash Handling Pty. Ltd. Australia 100% (12)
Safetell International Services Pty. Ltd. Australia 100% (12)
Starbuck Computer Empire, A.V.V. Aruba, Dutch West Indies 50%
Tecron Security Pty. Ltd. Australia 100% (10)

(5) 100% of voting securities are owned by Diebold Mexico, S.A. de C.V.
which is 100% owned by Diebold Mexico Holding Company, Inc., which is
100% owned by the Registrant.
(6) 100% of voting securities are owned by Diebold Australia Holding
Company, Inc. which is 100% owned by the Registrant.
(7) 100% of voting securities are owned by Diebold Mexico Holding
Company, Inc. which is 100% owned by the Registrant.
(8) 100% of voting securities are owned by Diebold Self-Service Systems which
is 70% owned by Diebold Holding Company, Inc. and 30% owned by Diebold SST
Holding Company, Inc., which are 100% owned by the Registrant.
(9) 100% of voting securities are owned by InterBold Pacific Limited, which is
100% owned by Diebold Self-Service Systems which is 70% owned by Diebold
Holding Company, Inc. and 30% owned by Diebold SST Holding Company, Inc.,
which are 100% owned by the Registrant.
(10) 100% of voting securities are owned by Diebold Australia Pty. Ltd., which
is 100% owned by Diebold Australia Holding Company, Inc., which is 100%
owned by the Registrant.
(11) 50% of voting securities are owned by Safetell Cash Handling Pty. Ltd.,
which is 100% owned by Safetell International Security Limited, which is
100% owned by Diebold Australia Pty. Ltd., which is 100% owned by Diebold
Australia Holding Company, Inc. which is 100% owned by the Registrant.
(12) 100% of voting securities are owned by Safetell International Security
Limited, which is 100% owned by Diebold Australia Pty. Ltd., which is 100%
owned by Diebold Australia Holding Company, Inc. which is 100% owned by the
Registrant.
(13) 100% of voting securities are owned by Nexus Software, Incorporated, which
is 100% owned by the Registrant.
(14) 50% of voting securities are owned by Diebold Latin America Holding
Company, Inc., which is 100% owned by the Registrant.
(15) 55% of voting securities are owned by Diebold Latin America Holding
Company, Inc., which is 100% owned by the Registrant.
(16) 100% of voting securities are owned by Diebold Latin America Holding
Company, Inc., which is 100% owned by the Registrant.
(17) 100% of voting securities are owned by Diebold Brasil LTDA, which is 100%
owned by Diebold Latin America Holding Company, Inc., which is 100% owned
by the Registrant.
(18) 90% of voting securities are owned by the Registrant, while 10% of the
voting securities are owned by Diebold Holding Company, Inc., which is 100%
owned by the Registrant.
(19) 21.44% of voting securities are owned by Diebold Latin America Holding
Company, Inc., 16.78% of voting securities are owned by DSSS Panama, which
is 100% owned by Diebold Latin America Holding Company, Inc., 16.78% of
voting securities are owned by DCHC Panama SA, which is 100% owned by
Diebold Latin America Holding Company, Inc., which is 100% owned by the
Registrant.