SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 20/06/02  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : CR Asia                        (08052)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration       Note
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------  -----------
 FUNG KWOK KING VICTOR                  G  ORD (US$)        LI & FUNG (DISTRIBUTION) LTD              160,000                         1.000                0             

                                        G  ORD (US$)        LI & FUNG (DISTRIBUTION) LTD              130,000                         1.000                0             

 FUNG KWOK LUN WILLIAM                  G  ORD              LI & FUNG LTD                             480,000    070701-060703       15.260                1             

                                        G  ORD              LI & FUNG LTD                             480,000    180702-170704       10.500                1             

                                        G  ORD              LI & FUNG LTD                             480,000    280503-270805        7.980                1             

 STOCK NAME : WLS Holdings                   (08021)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration       Note
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------  -----------
 KONG KAM WANG                          G  ORD              WLS HOLDINGS LIMITED                    4,500,000    280503-270509        0.381                1  N4         

                                                                     *****  END OF REPORT  *****
NOTES:

N1     Please refer to the Company's announcement of 14 June 2002.

N2     There is no change in shareholdings for the rest of the associated
       companies of Convenience Retail Asia Ltd except the one indicated in
       this Summaries.  For the detail of their shareholdings, please refer
       to the SDI Daily Summaries published on 02/02/01.


N3     Total consideration is the assumption of additional bank guarantees
       for US$2,012,129.

N4     Appointed as a director of the Company on 14 June 2002.