SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 02/05/02  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : CR Asia                        (08052)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 FUNG KWOK LUN WILLIAM                 ORD                    CONVENIENCE RETAIL ASIA LIMITE-    /  /        467,114,000     467,114,000            0.000   N2         
                                                              D                             

                                       RED PARTICIPATING PR-  LI & FUNG (DISTRIBUTION) LTD     24/04/02        6,630,000      10,200,000  D         0.000   N3         
                                       EF SH                                                

 FUNG KOWK KING VICTOR                 ORD                    CONVENIENCE RETAIL ASIA LIMITE-    /  /        467,114,000     467,114,000            0.000   N2         
                                                              D                             

                                       RED PARTICIPATING PR-  LI & FUNG (DISTRIBUTION) LTD     24/04/02        6,630,000      10,200,000  D         0.000   N3         
                                       EF SH                                                

                                                                     *****  END OF REPORT  *****
Notes:


N1     Please refer to the Company's announcement of 17 April 2002.    
      
N2     There is no change in shareholdings for the rest of the associated
       companies of Convenience Retail Asia Ltd except those indicated in
       this Summaries.  For the detail of their shareholdings, please refer
       to the SDI Daily Summaries published on 02/02/01.

N3     3,570,000 redeemable participating preferred shares held by Li &
       Fung (Gemini) Limited in Li & Fung (Distribution) Limited were
       redeemed at US$1.7952263 per share on 24 April 2002.