EXHIBIT 21
SUBSIDIARIES OF REGISTRANT
State of
Subsidiary Incorporation
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AMREP Metro Services, Inc. New York
AMREP Saratoga Construction, Inc. New York
AMREP Solutions, Inc. New York
AMREP Southwest Inc. New Mexico
Advance Financial Corp. New Mexico
AMREP Construction Corporation New Mexico
AMREP Financial Corp. New Mexico
AMREP Insurance Agency, Inc. New Mexico
AMREP Metro Works, Inc. New York
PERMA Corp. New York
Strickland Construction Corp. New Jersey
AMREP Southeast, Inc. Florida
AMREP Saratoga Square Homes, Inc. Florida
AMREPCO Inc. Colorado
Carity-Hoffman Associates, Inc. New York
Double R Realty, Inc. New Mexico
Eldorado at Santa Fe, Inc. New Mexico
Lexington Homes Northwest, Inc. Oregon
M.F.G. Realty Corp. New York
New Mexico Foreign Trade Zone Corp. New Mexico
Rancho Homes, Inc. New Mexico
Rio Rancho Golf & Country Club, Inc. New Mexico
S.G.R. Realty Corp. New Jersey
Shasta Real Estate Company California
Sun Oaks Realty Corp. Florida
Rio Venture XV, Inc. New Mexico
El Dorado Utilities, Inc. New Mexico
Florida Ridge Utilities Corp. Florida
Kable News Company, Inc. Illinois
Kable Fulfillment Services of Ohio, Inc. Delaware
Kable News Company of Canada, Ltd. Ontario, Canada
Kable News Export, Ltd. Delaware
Kable News International, Inc. Delaware
Distribunet Inc. Delaware
Magazine Connection Inc. Delaware
