SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 21/06/02  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : iSteelAsia.com                 (08080)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration       Note
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------  -----------
 YAO CHO FAI ANDREW                     G  ORD              iSTEELASIA.COM LIMITED                  5,000,000    081101-120410        0.485                1             

 YAO CHE LI MIRIAM                      G  ORD              iSTEELASIA.COM LIMITED                  2,500,000    011001-120410        0.360                1             

                                        G  ORD              iSTEELASIA.COM LIMITED                  5,000,000    081101-120410        0.485                1             

                                                                     *****  END OF REPORT  *****
Notes:


N1      Please refer to the Company's announcements of 14 June 2002 and
        19 June 2002. 

N2      Consideration per unit: $1.43 - $1.48

N3      Consideration per unit: $1.37 - $1.44

N4      Bonus warrants