We show that, unlike other pure b --> d penguin processes, the decay B-s(0)
(t) --> phiK(S) is dominated by a single amplitude, that of the internal t-
quark. The contributions of the u- and c-quark operators each vanish due to
a cancellation between the (V - A) circle times (V - A) and (V - A) circle
times (V + A) matrix elements. Thus, the indirect CP asymmetry in this dec
ay probes sin2 beta. Although this cancellation is complete only for certai
n values of the s- and b-quark masses, the theoretical uncertainty on sin2
beta is still less than 10% over most (similar to 80%) of the parameter spa
ce. By measuring the direct CP asymmetry, one can get a better idea of the
probable error on sin2 beta. (C) 2001 Published by Elsevier Science B.V.