EXHIBIT 21 Subsidiaries of the Registrant
The following table sets forth information with respect to the subsidiaries of
Ampal, their respective states of organization and the percentage of voting
securities owned as of December 31, 1996:
Percentage
Voting Securities
Name of Relationship State of Owned by
Company to Ampal Organization Immediate Parent
------- ------------ ------------ -----------------
Ampal Development Subsidiary of Israel 90(1)
(Israel) Ltd. Ampal (Israel) Ltd.
Ampal Engineering Subsidiary of Israel 99.9(2)
(1994) Ltd. Ampal Industries, Inc.
Ampal Enterprises Ltd. Subsidiary of Ampal Israel 99.9(3)
Development(Israel) Ltd.
Ampal Financial Subsidiary of Israel 51(4)
Services Ltd. Ampal (Israel) Ltd.
Ampal Holdings (1991), Subsidiary of Israel 99.9(5)
Ltd. Ampal Industries, Inc.
Ampal Industries, Inc. Subsidiary Delaware 100
Ampal Industries Subsidiary of Ampal Israel 100
(Israel) Ltd. Industries, Inc.
Ampal (Israel) Ltd. Subsidiary Israel 100
Ampal Properties Ltd. Subsidiary of Ampal Israel 99(6)
Industries (Israel) Ltd.
Ampal Protected Subsidiary of Ampal Israel 99.9(6)
Housing (1995) Ltd. Industries, Inc.
Ampal Realty Corporation Subsidiary of New York 94
Ampal (Israel) Ltd.
Ampal Sciences, Inc. Subsidiary of Delaware 100
Ampal Industries, Inc.
Country Club Subsidiary of Ampal Israel 51
Kfar Saba Ltd. Industries, Inc.
Nir Ltd. Subsidiary of Ampal Israel 99.96
Development (Israel) Ltd.
Paradise Industries Ltd. Subsidiary of Ampal Israel 85.1
Properties Ltd.
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(1) The remaining 10% of the voting securities is owned by Ampal.
(2) The remaining .1% is owned by Ampal (Israel) Ltd.
(3) The remaining .1% is owned by Nir Ltd.
(4) The remaining 49% is owned by Ampal.
(5) The remaining .1% is owned by Ampal.
(6) The remaining .1% is owned by Ampal (Israel) Ltd.
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