SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 08/07/02  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Phoenix TV                     (08002)        * ISC as at 04/07/02 :       4,931,730,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
NEWS PUBLISHERS HOLDING- 01/07/02 7                        0    1,854,000,000                                                                                                                                  N1         
S PTY. LIMITED                                                                                                                                                       

NEWS PUBLISHING AUSTRAL- 01/07/02 2            1,854,000,000                0                                             STAR US HOLDINGS, INC       1,854,000,000                                            N1         
IA, LTD                                                                                                                                                              

NEWSCORP CAYMAN INTERNA- 27/06/02 7                        0    1,854,000,000                                                                                                                                  N1         
TIONAL LIMITED                                                                                                                                                       

STAR US HOLDINGS SUBSID- 01/07/00 2            1,854,000,000                0                                             NEWS PUBLISHERS INVESTM-    1,854,000,000                                            N1         
IARY, LLC                                                                                                                 ENTS PTY. LTD                              

STAR US HOLDINGS, INC    01/07/02 2            1,854,000,000                0                                             STAR US HOLDINGS SUBSID-    1,854,000,000                                            N1         
                                                                                                                          IARY, LLC                                  


                    * 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      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.