SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 17/01/02  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Phoenix TV                     (08002)        * ISC as at 14/01/02 :       4,931,730,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
TODAY'S ASIA LIMITED     02/11/01 6            1,854,000,000    1,854,000,000                                                                                                                                  N1  N2     


                    * 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     Revised

N2     Pursuant to the share mortgage created by Today's Asia Limited in
       favour of China Construction Bank, Hong Kong (the "Bank") on
       27 June, 2001, 70,000,000 shares had been transferred to the
       Bank and as further security for the said mortgage, an addition of
       72,000,000 shares were charged to the Bank.  Accordingly, there is no
       change in the beneficial ownership of the said shares.