Securities (Disclosure of Interests) Daily Summaries
 
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 03/05/99  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : City Telecom                   (1137)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 FUNG SO MUI                            G  ORD              CITY TELECOM (HONG KONG) LTD              500,000                         0.260                1

                                        G  ORD              CITY TELECOM (HONG KONG) LTD              500,000                         0.260                0

                                        G  ORD              CITY TELECOM (HONG KONG) LTD              500,000                         0.260                0

                                        E  ORD              CITY TELECOM (HONG KONG) LTD              500,000           -              -                   0

 SIO VENG KUAN CORINNA                  G  ORD              CITY TELECOM (HONG KONG) LTD              500,000                         0.260                1

                                        G  ORD              CITY TELECOM (HONG KONG) LTD              500,000                         0.260                0

                                        G  ORD              CITY TELECOM (HONG KONG) LTD              500,000                         0.260                0

                                        E  ORD              CITY TELECOM (HONG KONG) LTD              500,000           -              -                   0

 CHONG KIN CHUN                         G  ORD              CITY TELECOM (HONG KONG) LTD              500,000                         0.260                1

                                        G  ORD              CITY TELECOM (HONG KONG) LTD              500,000                         0.260                0

                                        G  ORD              CITY TELECOM (HONG KONG) LTD              500,000                         0.260                0

                                        E  ORD              CITY TELECOM (HONG KONG) LTD              500,000           -              -                   0

 STOCK NAME : Lung Kee                       (0255)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 SIU YUK LUNG                           G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           300,000    010598-300401        1.865                1
                                                            D.                            
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 03/05/99  PAGE:   2
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Lung Kee                       (0255)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 SIU YUK LUNG                           G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           300,000    030998-020901        1.205                1
                                                            D.                            

                                        G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           300,000    290999-280902        0.550                1
                                                            D.                            

                                        G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           400,000    261099-251002        0.725                1
                                                            D.                            

 SIU TIT LUNG                           G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           300,000    010598-300401        1.865                1
                                                            D.                            

                                        G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           300,000    030998-020901        1.205                1
                                                            D.                            

                                        G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           300,000    290999-280902        0.550                1
                                                            D                             

                                        G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           400,000    261099-251002        0.725                1
                                                            D.                            

 FUNG WAI HING                          G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           300,000    010598-300401        1.865                1
                                                            D.                            

                                        G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           300,000    030998-020901        1.205                1
                                                            D.                            

                                        G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           300,000    290999-280902        0.550                1
                                                            D.                            
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 03/05/99  PAGE:   3
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Lung Kee                       (0255)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 FUNG WAI HING                          G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           400,000    261099-251002        0.725                1
                                                            D.                            

 WAI LUNG SHING                         G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           300,000    010598-300401        1.865                1
                                                            D.                            

                                        G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           300,000    030998-020901        1.205                1
                                                            D.                            

                                        G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           300,000    290999-280902        0.550                1
                                                            D.                            

                                        G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           400,000    261099-251002        0.725                1
                                                            D.                            

                                        G  ORD              LUNG KEE METAL HOLDINGS LTD               450,000    150199-140103     US$0.420                1

                                        G  ORD              LUNG KEE METAL HOLDINGS LTD               450,000    140899-130803     US$0.130                1

 MAK KOON CHI                           G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           300,000    010598-300401        1.865                1
                                                            D.                            

                                        G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           300,000    030998-020901        1.205                1
                                                            D.                            

                                        G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           300,000    290999-280902        0.550                1
                                                            D.                            

                                        G  ORD              LUNG KEE (BERMUDA) HOLDINGS LT-           400,000    261099-251002        0.725                1
                                                            D.                            
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 03/05/99  PAGE:   4
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Lung Kee                       (0255)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 MAK KOON CHI                           G  ORD              LUNG KEE METAL HOLDINGS LTD               450,000    150199-140103        0.420                1

                                        G  ORD              LUNG KEE METAL HOLDINGS LTD               450,000    140899-130803        0.130                1

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


NOTES:


N1     Disposals were made from 27/04/99 to 28/04/99 at prices
       ranging from $1.184 to $1.350 per share.

N2     Scrip dividend

N3     Stock dividend

N4     Transactions were made from 16/04/99 to 29/04/99 at prices
       ranging from $0.30 to $0.335 per share.