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
9 July 2002 is listed below with its corresponding interests:-


CCASS PARTICIPANT       NAME OF PERSONS             
NAME                    HAVING INTERESTS        NUMBER OF     
                        IN SUCH SHARES          SHARES
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-                       LIN GUOMIN               40,000
                        LE BUTT CJ&VINES ADA    488,000
                        HOU GUANGWEN              8,000
                        FU HON SANG             668,000
                        LAU KA YAN CARRIE       144,000
                        KONG YUET MAY            20,000
                        YEUNG WING KIT           16,000
                        MAK BO KUEN           1,000,000
                        DO CHI MING             120,000
                        LIU CHI PAN              20,000

                        (The above shares are held by
                         The Hong Kong and Shanghai Banking
                         Corporation Ltd. as nominee
                         for its customers.)
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