SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 11/07/01  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 LIMITED                         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             

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


N1     Shares were transferred to employees pursuant to the Share Option
       Scheme.

N2     125,000 shares were transferred at HK$0.000008 per share (total
       consideration:  HK$1.00) and 301,000 shares at HK$0.0138 per share.
  
N3     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.

N4     The name of 'Orient Overseas Foods Limited' has been changed to
       'LFD Manufacturing (Hong Kong) Limited on June 20, 2001.