List of the third party companies in which mwb fairtrade has a shareholding –
item §7.14 of the german corporate governance code

Name Registered
office		 Extent of
shareholding		 Equity 2009
in TEUR		 Results from
ordinary activities
2009 in TEUR
SRH AlsterResearch AG Hamburg 45% 0 -38
MWB GmbH Graefelfing 100% 101 -1