SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 17/06/02  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  WorldMetal                     (08161)        * ISC as at 10/06/02 :       1,000,000,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
CHAN SHING               12/06/02 3,6            608,986,884      658,886,884                                             WELLNET HOLDINGS LTD          463,831,074                                            N1         

                                                                                                                          STRONG PURPOSE CORPORAT-       10,595,042                            
                                                                                                                          ION                                        

                                                                                                                          HANG SING OVERSEAS LTD         11,320,192                            

LAU TING                 10/06/02 3,5,7          608,986,884      658,886,884                                             STRONG PURPOSE CORPORAT-       10,595,042                                            N1         
                                                                                                                          ION                                        

                                                                                                                          WELLNET HOLDINGS LTD          463,831,074                            

WELLNET HOLDINGS LIMITE- 12/06/02 1,3,4          463,831,074      513,731,074                                                                                                                                  N1         
D                                                                                                                                                                    


                    * 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     On 12 June 2002, 49,900,000 shares of WorldMetal were transferred
       from WellNet to Hyundai Corporation at zero exercise price upon the
       exercise of the option granted under the agreement entered into
       between the parties dated 5 July 2001.

N2     Please refer to the announcement of WellNet Holdings Limited (stock
       code: 24) on 10/06/2002.