INTERNATIONAL CAPITAL NETWORK HOLDINGS LIMITED (08004)

The Exchange has received a notification 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 party reporting share interests in ICN Holdings as of
25 June 2002 is listed below with its ccorresponding interests:-


CCASS PARTICIPANT       NUMBER OF       NAME OF PERSONS         
NAME                    SHARES          HAVING INTERESTS         
                                        IN SUCH SHARES          
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ICEA Securities Ltd     100,000         Leung Yee Hung

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