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           

Prudential-Bache
Securities
(Hong Kong) Limited              8,000   Lam Chi Keung            15/05/2002
              
Prudential-Bache
Securities
(Hong Kong) Limited             40,000   Cheung Wai Kay           15/05/2002

Prudential-Bache
Securities
(Hong Kong) Limited             32,000   Mak Tak Hon              15/05/2002

Prudential-Bache
Securities
(Hong Kong) Limited             80,000   Cheung Kwok Fai Joseph   15/05/2002