Form: 10-K

Annual report [Section 13 and 15(d), not S-K Item 405]

Documents

SIGNIFICANT SUBSIDIARIES OF KAC

Published on

EXHIBIT 21


SUBSIDIARIES



Listed below are the principal subsidiaries and affiliates of Kaiser Aluminum
Corporation, the jurisdiction of their incorporation or organization, and the
names under which such subsidiaries do business. The Company's ownership is
indicated for less than wholly owned affiliates. Certain subsidiaries are
omitted which, considered in the aggregate as a single subsidiary, would not
constitute a significant subsidiary.






Place of
Incorporation
Name or Organization
- ---- ---------------

Continuing entities -
- ---------------------
Anglesey Aluminium Limited (49%) United Kingdom
Kaiser Aluminium International, Inc.(1) Delaware
Kaiser Aluminum & Chemical Corporation(1)(2) Delaware
Kaiser Aluminum & Chemical of Canada Limited(1) Ontario
Kaiser Bellwood Corporation(1) Delaware

Liquidating entities -
- ----------------------
Alpart Jamaica Inc. (1)(2)(3) Delaware
Kaiser Jamaica Corporation (1)(2)(3) Delaware
Kaiser Alumina Australia Corporation(1)(2)(3) Delaware
Kaiser Finance Corporation(1)(2)(3) Delaware




- -----------------
(1) Filed a voluntary petition for reorganization under the Code.

(2) Entities that have been materially affected as a result of the
commodity asset sales, as discussed more fully in Note 1 and 5 of Notes
to Consolidated Financial Statements.

(3) Entities are being liquidated as more fully discussed in Note 1 of
Notes to Consolidated Financial Statements.