SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                             PRINTED: 28/02/01  PAGE:   1
                                                                                SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  ITE Holdings                   (08092)        * ISC as at 26/02/01 :         445,000,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  -----------------------------------------
CHENG KWOK HUNG          21/02/01 1,2,5,6        256,975,674             N.A.                                             RAX-COMM (BVI) LTD            248,495,174                            

LAU HON KWONG VINCENT    21/02/01 1,2,5,6        248,495,174             N.A.                                             RAX-COMM (BVI) LTD            248,495,174                            

MANHO GEORGE ROGER       21/02/01 1,2,6           74,071,127             N.A.                                                                                                                  

RAX-COMM (BVI) LIMITED   21/02/01 1,2,5          248,495,174             N.A.                                                                                                                  


                    * 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.

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