SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 31/03/03  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 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             

 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             

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


NOTES


N1      Please refer to the Company's announcement of 25 March, 2003.

N2      Date of transaction: 20/9/2002 & 5/3/2003. 

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.