STYLAND HOLDINGS LIMITED (00211)

The Exchange has received notifications from Styland Holdings Limited
("Styland") pursuant to Section 20 of the Securities (Disclosure of
Interests) Ordinance ("SDIO") reporting the findings of an investigation
conducted by Styland pursuant to Section 18 of the SDIO.  The parties
reporting their share interests in Styland as of 17 December 2002 are listed
below with their corresponding interests:-

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CCASS PARTICIPANT       NAME OF PERSONS              NUMBER OF SHARES          
NAME                    HAVING INTERESTS          
                        IN SUCH SHARES
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Shanghai Commercial     SEB AG                             53,333
Bank Ltd.               WONG KA LEUNG                      36,747
                        CHEUNG KA LING KAREN                  349
                        CHEUNG YING YI                     34,371
                        YU KI CHEUNG                        4,166
                        LIU SHILIANG                       13,124
                        CHAN HUNG                          39,372
                        CHENG SHUI CHEONG                     874
                        TAI WAI KEUNG                       2,166
                        TONG TAT MAN                        3,333
                        NG WAN HOI                          1,666
                        YIU SUK FUN                            26
                        YAU SHUK CHING                        454
                        LEE KWOK HUNG                      10,000
                        LONG LAI KUEN CATHERINE               524
                        CHENG YING PING                    13,124
                        LAM FOOK WAH                       15,000
                        LAU HOI WAI FRANKIE                 1,666
                        TSE KWAI PING                      50,000
                        LAW WAI MAN RAYMOND                34,371
                        CHAN KWOK WAI                       1,749
                        LEUNG KIT SAI                         174
                        KO CHAU FUNG KAREN                     66
                        LEUNG MAN SZE REBECCA                 957
                        DO KA KUEN                          5,249
                        SZE SAU KWAN                       68,748
                        MAK KAM CHUEN                      21,666
                        WONG LAI SHEUNG                    10,000
                        TEOH SENG KAH                     200,000
                        SHEK CHONG CHI                     40,000
                        CHAN WING HON                       2,500
                        NG PUI SHAN SANDY                   2,978
                        LEE KAM MING                      100,000
                        PUN WAI WAH                           833
                        NG WAI MAN                          6,561
                        CHEUNG SHU KIN WILLIAM             71,247
                        LEUNG PO PUI                       39,372
                        YU KWOK CHUN                       11,457
                        CHENG SUK HAN                      20,000
                        KEI SUI YUK                         3,333
                        WONG KWAN YING                     20,000
                        YIU CHUN SHING                    720,000
                        HONG WAI YUEN/POON MAN SAU          1,710
                        NG KAM YO                          37,500
                        WOO CHI KEUNG                     100,000
                        SUEN WAI YIN NERISSA                1,049
                        WONG KA MAN                        20,000
                        LIN WEN                        52,940,000
                        CHOI KIN LAM                       27,999
                        LEUNG SHEK YIN                      3,500

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