SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 24/09/02  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Sing Pao Media                 (08010)        * ISC as at 16/09/02 :         468,424,181

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
CYBER HERO LIMITED       20/09/02 1,3,5           82,500,000       48,750,000                                                                                                                                  N1  N2     

STAR EAST HOLDINGS LIMI- 20/09/02 3,4,5           86,961,250       53,211,250                                             STAR EAST (B.V.I.) LTD          4,461,250                                            N1  N2     
TED                                                                                                                                                                  

                                                                                                                          CYBER HERO LTD                 82,500,000                            

VALUE FOCUS LIMITED      20/09/02 3,4,5           82,500,000       48,750,000                                             CYBER HERO LTD                 82,500,000                                            N1  N2     


                    * 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      The previous number of shares in Sing Tao Media Group Ltd
        held by the substantial shareholder has been changed as a
        result of share consolidation on 28 May 2002 of every 20
        issued and unissued ordinary shares were consolidated into
        one ordinary share.

N2      On 20 September 2002, 33,750,000 shares were allotted to
        Cyber Hero Limited as a result of its subscription of rights
        shares under the rights issue of Sing Pao Media Group Limited.