SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 13/03/02  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Rainbow Int'l                  (08079)        * ISC as at 11/03/02 :         350,000,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
STYLAND HOLDINGS LIMITE- 04/01/02 7               42,828,254       67,457,379                                             E-TECK BUSINESS LTD            42,828,254                                            N1         
D                                                                                                                                                                    


                    * 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  *****
Note:


N1     As a result of the offer for sale and listing of the shares of 
       Inworld Group Limited (GEM Stock: 8100), Styland Holdings Limited's 
       indirect interest in Inworld System (HK) Limited has reduced to less
       than one-third, in accordance to section 8(2) of the Securities
       (Disclosure of Interests) Ordinance, Styland Holdings Limited
       will not be deemed to be interested in the shares of Rainbow
       International Holdings Limited  ("Rainbow") held by Inworld System
       (HK) Limited.  Furthermore, Styland Holdings Limited still holds more
       than 10% shares of Rainbow through E-Teck Business Limited.