SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 10/01/03  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : CR Asia                        (08052)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 FUNG KWOK LUN WILLIAM                 ORD                    CONVENIENCE RETAIL ASIA LIMITE-    /  /        467,114,000     467,114,000            0.000   N1         
                                                              D                             

                                       ORD                    FERRAGAMO KOREA LIMITED          31/12/02          329,120         658,240  D         0.000   N2         

                                       CLASS B                FERRINCH (L) LIMITED             30/12/02        3,000,000       2,250,000  A         0.000   N3         

                                       CLASS A                FERRINCH (L) LIMITED             30/12/02        1,500,000               0  A         0.000   N3         

 FUNG KWOK KING VICTOR                 ORD                    CONVENIENCE RETAIL ASIA LIMITE-    /  /        467,114,000     467,114,000            0.000   N1         
                                                              D                             

                                       ORD                    FERRAGAMO KOREA LIMITED          31/12/02          329,120         658,240  D         0.000   N2         

                                       CLASS B                FERRINCH (L) LIMITED             30/12/02        3,000,000       2,250,000  A         0.000   N3         

                                       CLASS A                FERRINCH (L) LIMITED             30/12/02        1,500,000               0  A         0.000   N3         

                                                                     *****  END OF REPORT  *****

NOTES


N1      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.

N2      An acquisition of 1,500,000 class A shares and 750,000 class B
        shares in Ferrinch (L) Limited at a total consideration of
        US$5,061,963 on December 30, 2002; and

N3      A disposal of 329,120 ordinary shares in Ferragamo Korea Limited
        at a total consideration of US$4,958,383 on December 31, 2002.