SUN MAN TAI HOLDINGS COMPANY LIMITED (STOCK CODE 433)

The Exchange has received a notification from Sun Man Tai Holdings
Company Limited ("Sun Man Tai") pursuant to Section 20 of the
Securities (Disclosure of Interests) Ordinance ("SDIO") reporting
the findings of an investigation conducted by Sun Man Tai pursuant to
Section 18 of the SDIO.  The party reporting share interests in
Sun Man Tai as at 20 Oct 2000 is listed below with its corresponding
interests:-

CCASS PARTICIPANT        NUMBER OF SHARES    NAME OF PERSONS
NAME                                         HAVING INTERESTS
                                             IN SUCH SHARES

ICEA Securities Ltd            52,420,000    Sun Online Int'l
                                             Corporation

                               76,000,000    Shartex
                                             Investment Ltd

                                  100,000    Lee Chiu Man Eddy