Other Disclosable Interests Under the SDI Ordinance (Section 20 - Findings of Company Investigations pursuant to Section 18)



INTERNATIONAL CAPITAL NETWORK HOLDINGS LIMITED (08004)

The Exchange has received notifications from International Capital Network
Holdings Limited ("ICN Holdings") pursuant to Section 20 of the Securities
(Disclosure of Interests) Ordinance ("SDIO") reporting the findings of
an investigation conducted by ICN Holdings pursuant to Section 18 of the
SDIO.  The parties reporting share interests in ICN Holdings are listed
below with their corresponding interests:-

CCASS PARTICIPANT     NUMBER OF SHARES   NAME OF PERSONS              SHARES
NAME                                     HAVING INTERESTS         HELD AS OF 
                                         IN SUCH SHARES           

TA Securities
(HK) Limited                    48,000   Tso Yee Man              15/05/2002
              
TA Securities
(HK) Limited                 1,600,000   Man Yin Fun              15/05/2002