SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 02/04/01  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : CR Asia                        (08052)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration       Note
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------  -----------
 FUNG KWOK LUN WILLIAM                  G  ORD              LI & FUNG LTD                             480,000    070701-060703       15.260                1             

 FUNG KWOK KING VICTOR                  G  ORD (US$)        LI & FUNG (DISTRIBUTION) LTD              130,000                         1.000                0             

                                        G  ORD (US$)        LI & FUNG (DISTRIBUTION) LTD              160,000                         1.000                0             

 STOCK NAME : Henderson Cyber                (08023)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration       Note
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------  -----------
 LEE SHAU KEE                           G  ORD              HENDERSON CYBER LIMITED                 2,400,000                         1.250                1             

                                                                     *****  END OF REPORT  *****
Notes:


N1     There is no change in shareholdings for the rest of the associated
       companies of Convenience Retail Asia Ltd except those indicated in 
       this Summaries.  For the detail of their shareholdings, please refer
       to the SDI Daily Summaries published on 02/02/01.

N2     Li & Fung Limited, one of the associated corporation of Convenience
       Retail Asia Limited, acquired the Colby Group comprising the following
       companies at a consideration of HK$247,500,000 in cash and the issue 
       of 113,188,000 shares of HK$0.025 each in Li & Fung Limited.
       Completion of the acquisition took place on March 23, 2001.

N3     The names of the following companies have been changed on
       March 14, 2001-

              From                                       To 

       Hinchinbrook Limited                  Li & Fung Development (China)
                                             Limited

       Li & Fung Development (China)         Turbo Dragon Trading Limited
       Limited