<DOCUMENT>
<TYPE>EX-21.1
<SEQUENCE>9
<FILENAME>dex211.txt
<DESCRIPTION>SUBSIDIARIES OF REGISTRANT
<TEXT>
<PAGE>

                                                                    EXHIBIT 21.1

                           SUBSIDIARIES OF REGISTRANT

                 Cree Lighting Company, a California corporation
               Cree Microwave, Inc., a North Carolina corporation
              Cree Technologies, Inc., a North Carolina corporation
        Cree Employee Services Corporation, a North Carolina corporation
               CI Holdings, Limited, a North Carolina corporation
             Cree Funding, LLC, a Delaware limited liability company
                 Cree Research FSC, Inc., a Barbados corporation
              Cree Asia-Pacific, Inc., a North Carolina corporation
                 Cree Japan, Inc., a North Carolina corporation

</TEXT>
</DOCUMENT>