SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 17/05/02  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  CASH Fin Ser GP                (08122)        * ISC as at 15/05/02 :         100,760,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
HIKARI POWER LIMITED     26/04/02 6               18,700,000      374,000,000                                             HIKARI TSUSHIN, INC.           18,700,000                                            N1         

HIKARI TSUSHIN, INC.     26/04/02 6               18,700,000      374,000,000                                                                                                                                  N1         

SHIGETA YASUMITSU        26/04/02 7               18,700,000      374,000,000                                             HIKARI TSUSHIN, INC.           18,700,000                                            N1         

STOCK NAME :  iMerchants                     (08009)        * ISC as at 15/05/02 :       1,161,382,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
iMERCHANTS GROUP LIMITE- 14/05/02 3              744,219,000      732,731,000                                             GALAFACE LTD                  744,219,000                                                       
D                                                                                                                                                                    

STOCK NAME :  iSteelAsia.com                 (08080)        * ISC as at 15/05/02 :       1,564,500,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
GRAND BRIDGE ENTERPRISE- 14/05/02 3              181,824,000      204,800,000                                             GALAFACE LTD                  181,824,000                                                       
S LIMITED                                                                                                                                                            


                    * 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     Share consolidation on 26 April 2002.

N2     Bonus issue