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<PAGE> 1
EXHIBIT 21
LIST OF SUBSIDIARIES OF INSTEEL INDUSTRIES, INC.
The following is a list of subsidiaries of the Company as of September 30, 2000,
each of which is wholly owned by the Company:
STATE OR OTHER JURISDICTION OF
NAME INCORPORATION
--------------------------------------- -----------------------------------
Insteel Wire Products Company North Carolina
Florida Wire and Cable, Inc. Delaware
Intercontinental Metals Corporation North Carolina
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