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           

Roctec Securities
Co Ltd                          20,000   Wong Ah Lok Andrew       27/05/2002
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Great China
Brokerage Ltd                   20,000   Cheung Lai Fong          27/05/2002
                            13,132,000   Yeung Heng Ki            27/05/2002
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Peace Town
Securities Ltd               2,600,000   Zhou Jun Ying            30/05/2002
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-                              152,000   Kam Wai Wai              28/05/2002
                                20,000   Chan Kwok Kuen Jacky     28/05/2002
                                40,000   To Sau Chuen             28/05/2002
                               732,000   Tsang Lun Fung           28/05/2002
                                12,000   Li Hing Lai              28/05/2002
                               152,000   Mo Sau Lan               28/05/2002
                                20,000   Kok Hak Lee              28/05/2002
                                12,000   Chan Wai Hang Wilson     28/05/2002
                                 4,000   Lau Shung Wah            28/05/2002
                                52,000   Chow On Ming             28/05/2002
                                32,000   Zhang Jinshan            28/05/2002
                                52,000   Sin Chi Wai              28/05/2002
                                48,000   Cheung Ha                28/05/2002
                               200,000   So Tai Mui               15/05/2002
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