SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM) PRINTED: 29/10/02 PAGE: 1 DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS) ***** END OF REPORT ***** NOTES N1 HSBC International Trustee Limited ceased, with effective from 24 October 2002, to be the trustee of a fixed trust (the "Trust") in respect of the entire issued share capital of Ultra Challenge Limited, a company interested in 171,900,000 shares of HK$0.025 each in China Date Broadcasting Holdings Limited (the "Company"). On the same date, Professor Kou Jisong, the Chairman and a director of the Company, and Mr. Choi Kwok Yat were appointed to be the successor trustees of the Trust. By virtue of Professor Kou being one of the trustees of the Trust, he is taken to be interested in 171,900,000 shares in the Company for the purposes of the Securities (Disclosure of Interests) Ordinance. N2 The disposal represents the transfer of the company's entire holding to Educational Information Technology (H.K.) Company Limited. The transfer does not affect the ultimate ownership of the underlying shares. |