INTERNATIONAL CAPITAL NETWORK HOLDINGS LIMITED (08004)

The Exchange has received notifications from International Capital Network
Holdings Limited ("ICN Holdings") pursuant to Section 20 of the Securities
(Disclosure of Interests) Ordinance ("SDIO") reporting the findings of
an investigation conducted by ICN Holdings pursuant to Section 18 of the
SDIO.  The parties reporting share interests in ICN Holdings are listed
below with their corresponding interests:-



CCASS PARTICIPANT       NUMBER OF       NAME OF PERSONS         SHARES
NAME                    SHARES          HAVING INTERESTS        HELD  
                                        IN SUCH SHARES          AS OF 
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-                    14,332,000         Yeung Heng Ki           08/07/2002
-                     1,000,000         Chan Wan Chit Alvis     15/07/2002   

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