SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 02/05/02  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Arcontech                      (08097)        * ISC as at 30/04/02 :         720,000,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
UPGRADE TECHNOLOGY LIMI- 29/04/02 1,3,4,6        472,384,000      372,384,000                                                                                                                                  N1         
TED                                                                                                                                                                  


                    * 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     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.