EXHIBIT 21

Deltic Timber Corporation

Subsidiaries of the Registrant

As of December 31, 2005

 

Subsidiaries

  

State of

Incorporation

Deltic Timber Purchasers, Inc.    Arkansas
Deltic Southwest Timber Company    Arkansas
Deltic Real Estate Investment Company    Delaware
Chenal Properties, Inc.    Arkansas
Chenal Country Club, Inc.    Arkansas