SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 09/10/01  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Excel Tech                     (08048)        * ISC as at 28/09/01 :       1,070,384,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
PASSION INVESTMENT (BVI- 27/09/01 3              575,286,044      576,521,544                                                                                                                                  N1         
) LIMITED                                                                                                                                                            

ZEE CHAN MEI CHU PEGGY   27/09/01 1,5,6          575,286,044      575,564,544                                             PASSION INVESTMENT (BVI-      575,286,044                                            N1         
                                                                                                                          ) LTD                                      

STOCK NAME :  iSteelAsia.com                 (08080)        * ISC as at 28/09/01 :       1,564,500,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
HUGE TOP INDUSTRIAL LTD  03/10/01 1              665,078,944      665,544,944                                             TN DEVELOPMENT LTD            227,267,600                                            N2         

                                                                                                                          VAN SHUNG CHONG (B.V.I.-      278,000,000                            
                                                                                                                          ) LTD                                      

TN DEVELOPMENT LIMITED   03/10/01 1              227,267,600      227,733,600                                                                                                                                  N2         

VAN SHUNG CHONG (B.V.I.- 03/10/01 1              505,267,600      505,733,600                                             TN DEVELOPMENT LTD            227,267,600                                            N2         
) LIMITED                                                                                                                                                            

VAN SHUNG CHONG HOLDING- 03/10/01 1              505,267,600      505,733,600                                             TN DEVELOPMENT LTD            227,267,600                                            N2         
S LIMITED                                                                                                                                                            

                                                                                                                          VAN SHUNG CHONG (B.V.I.-      278,000,000                            
                                                                                                                          ) LTD                                      

YAO CHE LI MIRIAM        03/10/01                665,078,944      665,544,944                                             HUGE TOP INDUSTRIAL LTD       159,811,344                                            N2         

                                                                                                                          VAN SHUNG CHONG (B.V.I.-      278,000,000                            
                                                                                                                          ) LTD                                      

                                                                                                                          TN DEVELOPMENT LTD            227,267,600                            


                    * 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.
                                                                               SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 09/10/01  PAGE:   2
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  iSteelAsia.com                 (08080)        * ISC as at 28/09/01 :       1,564,500,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
YAO CHO FAI ANDREW       03/10/01                767,478,944      767,944,944                                             HUGE TOP INDUSTRIAL LTD       159,811,344                                            N2         

                                                                                                                          VAN SHUNG CHONG (B.V.I.-      278,000,000                            
                                                                                                                          ) LTD                                      

                                                                                                                          TN DEVELOPMENT LTD            227,267,600                            

                                                                                                                          RIGHT ACTION OFFSHORE I-      102,400,000                            
                                                                                                                          NC.                                        


                    * 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     278,500 shares were transferred to employees pursuant to the Share
       Option Scheme at HK$0.0138 per share.

N2     466,000 shares had been transferred from TN Development Limited
       at a price of HK$0.054 per share on October 3, 2001 due to the
       exercise of employees' share option.

N3     There is no change in shareholdings for the rest of the associated
       companies of Convenience Retail Asia Ltd except the one indicated in 
       this Summaries.  For the detail of their shareholdings, please refer
       to the SDI Daily Summaries published on 02/02/01.

N4     L.F. Europe was liquidated on 2 October 2001.

N5     The company name of an associated corporation has been changed from
       'All New Developments Limited' to 'Gibb, Livingston International
       Limited' on September 28, 2001.

N6     Acquisitions were made from 25/09/01 to 28/09/01 at prices ranging
       from $5.15 to $5.25 per share.