SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 04/04/02  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : iSteelAsia.com                 (08080)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration       Note
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------  -----------
 YUE DRINA C.                           G  OPT              iSTEELASIA.COM LIMITED                 20,480,000                         0.054                0             

                                        G  OPT              iSTEELASIA.COM LIMITED                  2,000,000    011001-120410        0.360                0             

                                        G  OPT              iSTEELASIA.COM LIMITED                  5,000,000    081101-120410        0.485                0             

                                        E  OPT              iSTEELASIA.COM LIMITED                 10,240,000           -              -                   0             

 YAO CHO FAI ANDREW                     G  OPT              iSTEELASIA.COM LIMITED                  5,000,000    081101-120410        0.485                0             

 YAO CHE LI MIRIAM                      G  OPT              iSTEELASIA.COM LIMITED                  2,500,000    011001-120410        0.360                0             

                                        G  OPT              iSTEELASIA.COM LIMITED                  5,000,000    081101-120410        0.485                0             

                                                                     *****  END OF REPORT  *****
Note:


N1     10,240,000 shares had been transferred from TN Development Limited
       at a price of HK$0.054 per share on April 2, 2002 due to the
       exercise of employees' share option.