SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 03/10/01  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  STAREASTnet.com                (08010)        * ISC as at 28/09/01 :       1,025,500,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
CHINA STRATEGIC HOLDING- 24/09/01 1,2,4,5      1,109,062,000       69,062,000                                             CHINA PHARMACEUTICAL IN-       12,348,000                                            N1         
S LIMITED                                                                                                                 DUSTRIAL LTD                               

                                                                                                                          WEALTHY GAIN LTD               56,714,000                            

STAR EAST HOLDINGS LIMI- 24/09/01 1,3,4,5        927,690,000      367,690,000                                             STAR EAST (B.V.I.) LTD        367,690,000                                            N1         
TED                                                                                                                                                                  

                                                                                                                          STAR EAST INFORMATION T-      332,000,000                            
                                                                                                                          ECHNOLOGY MANAGEMENT CO-                   
                                                                                                                           LTD                                       


                    * 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-Note:


N1     Please refer to the Company's announcement of 24 September 2001.