SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 28/01/02  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  MediaNation                    (08160)        * ISC as at 25/01/02 :         605,058,995

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
WARBURG, PINCUS VENTURE- 24/01/02 2              159,130,088             N.A.                                                                                                                                             
S, L.P.                                                                                                                                                              

STOCK NAME :  Phoenix TV                     (08002)        * ISC as at 25/01/02 :       4,931,730,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
NEWSCORP CAYMAN INTERNA- 03/10/01 6            1,854,000,000    1,854,000,000                                             STAR GROUP LTD              1,854,000,000                                            N1  N2  N3 
TIONAL LIMITED                                                                                                                                                       

STAR GROUP LIMITED       18/12/01 6            1,854,000,000    1,854,000,000                                             STAR TELEVISION HOLDING-    1,854,000,000                                            N3  N4     
                                                                                                                          S 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-Notes:



N1     Date of events:  3/10/01, 18/12/01 and 14/01/02

N2     Newscorp Cayman International Limited was formerly known as Star Group
       Limited and the change of name took place on October 3, 2001.

N3     Star Group Limited was formerly known as Star Television Limited and
       the change of name took place on 14 January 2002.  Star Group Limited
       re-domiciled from the British Virgin Islands to the Cayman Islands on 
       18 December 2001.

N4     Date of events:  18/12/01 and 14/01/02

N5     Please refer to the Company's announcement of 21 December 2001.