FRIEDMANN PACIFIC GREATER CHINA INVESTMENTS LTD (01226)

The Exchange has received a notification from Friedmann Pacific Greater
China Investments Ltd ("Friedmann")pursuant to Section 20 of the Securities 
(Disclosure of Interests) Ordinance ("SDIO") reporting the findings of an 
investigation conducted by Friedmann pursuant to Section 18 of the SDIO.  
The parties reporting share interests in Friedmann are listed below with 
its corresponding interests:-

CCASS PARTICIPANT         NUMBER OF       NAME OF PERSONS      SHARES       
NAME                      SHARES          HAVING INTERESTS     HELD AS 
                                             IN SUCH SHARES       OF
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Phillip Securities        4,028,000       (Held on behalf      2-April-2003
(HK) Ltd                                   of their clients)

Phillip Securities        3,996,000       Chan Kin Wing        27-June-2003
(HK) Ltd

Prudence Securities       2,432,000       Chan Kin Wing        27-June-2003
Company Ltd
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