Exhibit 21
ESCALADE, INCORPORATED AND SUBSIDIARIES

LIST OF SUBSIDIARIES AT DECEMBER 30, 2000

STATE OF OTHER PERCENT OF VOTING
JURISDICTION OF SECURITIES OWNED
PARENT INCORPORATION BY PARENT
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Escalade, Incorporated Indiana
Subsidiaries
Indian Industries, Inc. (1) Indiana 100%
Martin Yale Industries, Inc. (1) Indiana 100%
Harvard Sports, Inc. (1) California 100%
Master Products Manufacturing
Company, Inc. (1) California 100%
Indian-Martin AG (1) Switzerland 100%
EIM Company, Inc. (1) Nevada 100%
SOP Services, Inc. (1) Nevada 100%
Escalade FSC, Inc. (1) U.S. Virgin Islands 100%

(1) Each subsidiary company so designated has been included in Consolidated
Financial Statements for all periods following its acquisition. See
Notes to Consolidated Financial Statements.