SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM) PRINTED: 12/12/02 PAGE: 1 DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS) STOCK NAME : CR Asia (08052) Director/Chief Executive G/E Class Company Name Quantity Exercise Period Ex. Price Consideration Note ------------------------------------ --- --------------- ------------------------------- ------------------ --------------- ---------- --------------- ----------- FUNG KWOK LUN WILLIAM G ORD LI & FUNG LTD. 480,000 070701-060703 15.260 1 G ORD LI & FUNG LTD. 480,000 180702-170704 10.500 1 G ORD LI & FUNG LTD. 480,000 280803-270805 7.980 1 FUNG KWOK KING VICTOR G ORD (US$) LI & FUNG (DISTRIBUTION) LTD. 160,000 1.000 0 G ORD (US$) LI & FUNG (DISTRIBUTION) LTD. 130,000 1.000 0 ***** END OF REPORT ***** NOTES N1 Upon the completion of the extensive group reorganisation on 2nd December, 2002, China-HK International Finance Limited ('China- HK"), holding 10,134,375 shares in Sing Pao Media Group Limited (Sing Pao"), ceased to be a subsidiary of China Strategic Holdings Limited. Therefore, CSH is not deemed to have an interest in 10,134,375 shares in Sing Pao held by China-HK. N2 Date of transaction: 29/11/2002 & 02/12/2002. N3 There is no change in shareholdings for the rest of the associated companies of Convenience Retail Asia Ltd. except those indicated in this Summaries. For the detail of their shareholdings, please refer to the SDI Daily Summaries published on 02/02/2001. N4 All interests of the company were sold at a total consideration of RMB12. The transaction is subject to the approval and consent by the relevant PRC authority. Dr. William Fung and Dr. Victor Fung become aware on 4th December 2002 that the relevant approval has already been obtained on 23rd August 2002, which should be the effective date of the transaction. N5 281,250 options at the exercise price of HK$7.18 (adjusted by the rights issue with effect from 17 September, 2002 as disclosed in the Company's prospectus dated 28 August, 2002) were surrendered on 1 December, 2002. |