Subsidiaries

			Nominal share capital ('000)	Ownership
SP Group A/S	Denmark	DKK	24,980
SP Moulding A/S SP Medical Poland Sp. z o.o. SP Moulding Poland Sp. z o.o. Sander Tech ApS Neptun Plast A/S Atlantic Floats Denmark A/S Meditec Plaststøbning A/S SP Meditec Inc. SP International A/S SP Moulding (Suzhou) Co., Ltd.	Denmark Poland Poland Denmark Denmark Denmark Denmark USA Denmark China	DKK PLN PLN DKK DKK DKK DKK USD DKK USD	50,000 1,000 1,100 950 1,000 80 500 300 5,600 4,080	100% 100% 100% 100% 100% 100% 100% 100% 100% 100%
Ulstrup Plast A/S Ulstrup Plast s.r.o. Kodan Plast s.r.o.	Denmark Slovakia Slovakia	DKK EUR EUR	1,590 7 10	100% 100% 52%
Coreplast Laitila Oy Jollmax Coating Oy	Finland Finland	EUR EUR	50 3	100% 100%
MedicoPack A/S	Denmark	DKK	20,000	100%
Gibo Plast A/S Gibo Danmark A/S Gibo Plast Sp. z.o.o. Gibo Poland z o.o. Gibo Inc. Gibo Plast Co. Ltd. Dan-Hill-Plast A/S Plexx AS Opido AB SPG Fastigheter AB Nycopac AB PlexxOpido Sp. Z.o.o.	Denmark Denmark Poland Poland USA China Denmark Norge Sweden Sweden Sverige Poland	DKK DKK PLN PLN USD USD DKK NOK SEK SEK SEK PLN	40,000 6,000 3,005 3,005 1,000 0 500 3,541 100 5 1,0000 200	100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%
Accoat A/S	Denmark	DKK	10,000	100%
Ergomat Danmark A/S Ergomat Sp. z.o.o. Ergomat Sweden AB Ergomat Inc. Ergomat Canada Inc.	Denmark Poland Sweden USA Canada	DKK PLN SEK USD CAD	10,000 2.005 100 360 0	100% 100% 60% 100% 100%
Tinby A/S Tinby Denmark A/S Tinby Sp. z o.o. Tinby Co., Ltd Tinby Inc.	Denmark Denmark Polen Kina USA	DKK DKK PLN USD USD	10,000 100 50 210 100	100% 100% 100% 100% 100%
TPI Polytechniek B.V. TPI Polytechnics Inc. TPI Polytechnics Co. Ltd.	Netherlands USA China	EUR USD USD	113 0 0	100% 100% 100%
Bröderna Bourghardt AB SEA Radomes Company Ltd.	Sweden Thailand	SEK THB	100 4,000	100% 100%
Baltic Rim, SIA Tinby, SIA	Latvia Latvia	EUR EUR	3 3	100% 100%
MM Composite A/S MM Composite Inc. MM Composite Co. Ltd. MM Trading Co. Ltd.	Denmark USA China China	DKK USD USD USD	500 0 0 0	100% 100% 100% 100%
DAVINCI 3D A/S	Denmark	DKK	500	100%
Bovil ApS	Denmark	DKK	125	100%
SP Moulding Denmark A/S	Denmark	DKK	500	100%
SP Technology ApS	Denmark	DKK	200	100%
SP R&D A/S	Denmark	DKK	1,000	100%
SPG Ejendomme 1 ApS	Denmark	DKK	81	100%
SPG Ejendomme 2 ApS	Denmark	DKK	125	100%
SPG Ejendomme 3 ApS	Denmark	DKK	125	100%
SPG Ejendomme 4 ApS	Denmark	DKK	500	100%
SPG Ejendomme 5 ApS	Denmark	DKK	40	100%
SPG Ejendomme 6 ApS	Denmark	DKK	500	100%
SPG Real Estate LLC	USA	USD	0	100%