SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 27/09/02  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Essex Bio-Tech                 (08151)        * ISC as at 25/09/02 :         546,820,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
NGIAM MIA JE PATRICK     23/09/02 1,4            297,374,667      295,124,667                                             ESSEX HOLDINGS LTD            288,458,000                                            N1         

                                                                                                                          DYNATECH VENTURES PTE L-        6,666,667                            
                                                                                                                          TD                                         

STOCK NAME :  iMerchants                     (08009)        * ISC as at 25/09/02 :       1,161,382,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
iMERCHANTS GROUP LIMITE- 20/09/02 3              747,023,000      746,739,000                                             GALAFACE LTD                  747,023,000                                                       
D                                                                                                                                                                    


                    * 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  *****

NOTE


N1      Exercise of share options