FORM 5 Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Form 3 Holdings Reported

Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

ANNUAL STATEMENT OF CHANGES BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,

Section 17(a) of the Public Utility Holding Company Act of 1935 or Section

30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person*	2. Issuer Name and Ticker or Trading Symbol PACIFIC CMA, INC. "PCCM"					6. Relationship of Reporting Person(s) to Issuer (Check all applicable) __ Director __ 10% Owner _X Officer (give title below) Other (specify below) Chief Financial Officer
(Last)(First)(Middle) LAW, DAISY	3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)			4. Statement for Month/Year 12/2002		7. Individual or Joint/Group Reporting (check applicable line) _X_ Form Filed by One Reporting Person __ Form Filed by More than One Reporting Person
Unit D, 11/F, Garment Center, 576-586 Castle Peak Road Cheung Sha Wan, Kowloon, Hong Kong (City)(State)(Zip)				5. If Amendment, Date of Original (Month/Year)
1. Title of Security (Inst. 3)	Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
	2. Transaction Date (Month/Day/ Year)	3. Transaction Code (Inst. 8)	4. Securities Acquired (A) or Disposed of (D) (Inst. 3, 4, and 5)			5. Amount of Securities Beneficially Owned at the end of Issuer's Fiscal Year (Inst. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Inst. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
	2. Transaction Date (Month/Day/ Year)	3. Transaction Code (Inst. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Inst. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
COMMON STOCK	12/31/2001	A	4,000	A	**	4,000	D
COMMON STOCK	12/09/2002	A4	300	A	**	300	D

*If the form is filed by more than one reporting person, see instruction 4(b)(v).

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned

(e.g., puts calls warrants options, convertible securities)

1. Title of

Derivative

Security

(Inst. 3)

2. Conversion or Exercise Price of Derivative Security

3. Trans-

action Date

(Month/

Day/

Year)

4. Trans-

action

Code

(Instr. 8)

5. Number of

Derivative Securities

Acquired (A) or Disposed

of (D)

(Inst. 3, 4 and 5)

6. Date Exercisable and

Expiration Date

(Month/Day/Year)

7. Title and Amount of

Underlying Securities

(Inst. 3 and 4)

8. Price of

Derivative Security

(Inst. 5)

9. Number

Derivative

Securities

Beneficially

Owned at

End of Year

(Inst. 4)

10.

Ownership of Derivative Security: Direct (D) or Indirect (I)

(Inst. 4)

11. Nature of Indirect Beneficial Ownership (Inst. 4)

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Explanation of Responses: ** Ms. Law was granted a total of 4,300 shares for her professional services rendered to the Company. 4,000 shares are valued at $0.18, and 300 are valued at $0.25.

By: /S/ DAISY LAW	1/20/2003
**Signature of Reporting Person	Date

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.

See 18 U.S.C. 1001 and 15 U.S.C. 788ff(a).

Note: File three copies of this Form, one of which must be manually signed.

If space provided is insufficient, see Instruction 6 for procedure.

PACIFIC CMA INC 5