1 T.RAD Co., Ltd. Head Office
   AIOI Insurance Shinjyuku BLDG 3-25-3 Yoyogi, Shibuya-Ku,
   Tokyo, Japan
   www.trad.co.jp/english

2 T.RAD Co., Ltd. Hatano Works
   937 Soya, Hadano City, Kanagawa Prefecture, Japan

3 T.RAD Co., Ltd. Nagoya Works
   1-7 Orido Fujie, Higashiura-cho, Chita-gun, Aichi Prefecture,
   Japan

4 T.RAD Co., Ltd. Shiga Works
   297 Goti-cho, Higashi Ohmi City, Siga Prefecture, Japan

5 T.RAD Co., Ltd. Research & Development Center
   4-14 Shioya-cho, Minami-ku, Nagoya City, Aichi Prefecture,
   Japan

6 T.RAD Product Engineering Development Center
   4-14 Shioya-cho, Minami-ku, Nagoya City, Aichi Prefecture,
   Japan

7 T.RAD North America Inc. (TRA)
   210 Bill Bryan BLVD, Hopkinsville, KY 42240
   www.tradna.com

8 T.RAD Italia S. p. A (TRI)
   Via Vittime di Piazza della Loggia, 22 - 10024 Moncalieri
   (Turin) - Italy
   www.trad-italia.com/eng/index.asp

9 T.RAD Czech s.r.o. (TRC)
    Czech Republic

10 T.RAD (Zhongshan) Co., Ltd. (TRZ)
    Zhongshang, China

11 T.RAD (Thailand) Co., Ltd (TRT)
    Thailand

12 PT. T.RAD Indonesia

13 OOO TRM Russia

JOINT VENTURES

14 Qingdao Toyo Auto Radiator China

15 Qingdao Toyo Heat - Exchangers Co
     China, Qingdao

16 TORC Co.Ltd.
    Thailand, Chachoensao

17 TATA Toyo Radiator Ltd., India