09:01     Table 1 - Trading Arrangement Table (TAT)                           

    Date: 23/01/2003                                                          
                                                                              
    The following table displays announced information in respect of group    
    reorganisation, share consolidation, share subdivision, change of board   
    lot, warrant cancellation, expiry of warrants/debt securities,            
    privatisation, withdrawal of listing and change of stock short name       
    until effective date.                                                     
                                                                              
    (*) For companies with an effective date falling within the following week
    ending 31/01/2003                                                         
                                                                              
      Stock Short Name                                Effective               
      (Stock Code)     Description                    Date                    
      ---------------- ------------------------------ ----------------------  
      E-SILKROAD HOLD  CHANGE OF COMPANY NAME         EFF DATE:               
      (8071)           (REFER TO ANNOUNCEMENTS DATED  TO BE ANNOUNCED         
                       19/11/02 AND 30/12/02 ON GEM                           
                       WEBSITE AND CIRCULAR DATED                             
                       6/12/02)                                               
                                                                              
      FORTUNE TELECOM  WITHDRAWAL OF LISTING          SGM:                    
      (8040)           (WILL BE LISTED ON THE MAIN    TO BE ANNOUNCED         
                       BOARD)                                                 
                       (REFER TO ANNOUNCEMENT DATED                           
                       9/12/02 GEM WEBSITE)                                   
                                                                              
      IASIA TECH       CHANGE OF COMPANY NAME         EFF DATE: 05/02/03      
      (8101)           (REFER TO ANNOUNCEMENTS DATED                          
                       12/10/02, 16/11/02, 10/12/02                           
                       AND 21/1/03 ON GEM WEBSITE AND                         
                       CIRCULAR DATED 16/11/02)                               
                                                                              
      PANDA-RECRUIT    CHANGE OF DOMICILE             EFF DATE: 05/02/03      
      (8073)           (REFER TO ANNOUNCEMENTS DATED                          
                       5/10/02, 18/11/02, 10/12/02,                           
                       20/12/02 AND 16/1/03 ON GEM                            
                       WEBSITE AND CIRCULARS DATED                            
                       26/10/02 AND 23/12/02)                                 
                                                                              
      PANDA-RECRUIT    CHANGE OF COMPANY NAME         EFF DATE:               
      (8073)           (REFER TO ANNOUNCEMENTS DATED  TO BE ANNOUNCED         
                       10/12/02, 20/12/02 AND 16/1/03                         
                       ON GEM WEBSITE AND CIRCULAR                            
                       DATED 23/12/02)                                        
                                                                              
      RAINBOW INT'L    CHANGE OF BOARD LOT SIZE FROM  EFF DATE: 04/02/03      
      (8079)           4,000 TO 20,000 SHARES                                 
                       (REFER TO ANNOUNCEMENT DATED                           
                       27/11/02 ON GEM WEBSITE AND                            
                       CIRCULAR DATED 18/12/02 AND                            
                       PROSPECTUS DATED 3/1/03)                               
                                                                              
    * TECHWAYSON HOLD  WITHDRAWAL OF LISTING          LAST DEAL: 28/01/03     
      (8098)           (WILL BE LISTED ON THE MAIN                            
                       BOARD ON 29/1/03)                                      
                       (REFER TO ANNOUNCEMENTS DATED                          
                       18/9/02, 24/12/02 AND 20/1/03                          
                       ON GEM WEBSITE AND CIRCULAR                            
                       DATED 27/12/02)                                        
                                                                              
      VITOP BIOENERGY  WITHDRAWAL OF LISTING          LAST DEAL: 07/02/03     
      (8199)           (WILL BE LISTED ON THE MAIN                            
                       BOARD ON 10/2/03)                                      
                       (REFER TO ANNOUNCEMENTS DATED                          
                       18/9/02 AND 30/12/02 ON GEM                            
                       WEBSITE AND CIRCULAR DATED                             
                       31/12/02)                                              
                                                                              
    The following table displays [in summary form] information announced by,  
    the relevant company in respect of dividend, cash bonus, bonus share      
    issue, bonus warrant, distribution/dividend in specie, rights issue, open 
    offer and assured/preferential entitlements until the first book closing  
    date.                                                                     
                                                                              
    All such information may be subject to changes or to conditions made or   
    imposed by the respective company, and market participants are therefore  
    urged to refer to the respective press announcements for more details.    
                                                                              
    (*) For companies with an effective book closing date commencing in the   
    following weeks up to 31/01/2003                                          
                                                                              
    Date: 23/01/2003                                                          
     Stock Short Name                                                         
     (Stock Code)    Description                 Ex-Date Book Closing Date    
     --------------- ----------------------------- ----- ---------------------
     ECO-TEK HLDGS   FIN DIV $0.0035               17/02 19/02/2003-21/02/2003
     (8169)          (Y.E. 31/10/2002)                                        
                                                                              
     IA INT'L        NIL 3RD QUARTERLY DIV               NO B/C DATE          
     (8047)          (Y.E. 31/3/2003)                                         
                                                                              
     RAINBOW INT'L   BONUS ISSUE: 5 SHS FOR 2 SHS  04/02 06/02/2003           
     (8079)          (REFER TO ANNOUNCEMENT DATED                             
                     27/11/2002 & 13/12/2002 ON                               
                     GEM WEBSITE & CIRCULAR DATED                             
                     18/12/2002)                                              
                                                                              
     SING PAO MEDIA  NIL 3RD QUARTERLY DIV               NO B/C DATE          
     (8010)          (Y.E. 31/3/2003)