SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                             PRINTED: 27/12/00  PAGE:   1
                                                                                SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  CASH on-line                   (08122)        * ISC as at 22/12/00 :       2,015,200,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  -----------------------------------------
JEFFNET INC.             15/12/00 2            1,098,869,945             N.A.                                             HOBART ASSETS LTD           1,069,402,090                            


                    * ISC refers to the latest Issued Share Capital of the listed company recorded by the Exchange as at the date of this summaries.  It might not promptly reflect 
                      changes caused by share placements, rights issue, bonus issue, etc.  Readers should exercise caution when using these figures.

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

GEM-Notes:



N1     Arises from achievement of one of the conditions under the Sales and Purchase
       Agreement for acquisition of 49% of The Hong Kong Web Connection Limited.

N2     Scrip dividend

N3     Shares have been distributed to the members of the corporate shareholder by
       way of dividend paymant.