SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 08/07/02  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 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    280803-270805        7.980                1             

 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             

                                                                     *****  END OF REPORT  *****

NOTES

N1      Internal restructuring      

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

N3      Beldare Enterprises Inc has been dissolved on July 3, 2002.

N4      The name of Li & Fung (Bangladesh) Limited has been changed
        to Li & Fung (Europe) Holding Limited on June 25, 2002.