SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 11/04/01  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  iMerchants                     (08009)        * ISC as at 10/04/01 :       1,165,476,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
iMERCHANTS GROUP LIMITE- 04/04/01 3              732,731,000      720,725,000                                             ASIAN GOLD ASSOCIATES L-      732,731,000                                                       
D                                                                                                                         TD                                         


                    * 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  *****
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     Consideration per unit :  Turkish Liras 26,250,000

N3     Consideration per unit :  Turkish Liras 500,000,000