SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES -                            PRINTED: 11/09/03  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

                                                                     *****  END OF REPORT  *****


NOTE:

N1    Hotung Enterprises Limited ("HEL") was entitled to exercise more than one-third of the voting power 
      at general meetings of Hotung Investment (China) Limited ("HICL").  As such, HEL was deemed
      interested in the number of shares held by HICL in Cosmopolitan International Holdings Ltd.