Securities (Disclosure of Interests) Daily Summaries
 
                                                                             SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                                                 PRINTED: 14/05/99  PAGE:   1
                                                                                SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Applied Int'l                  (0519)         * ISC as at 13/05/99 :         959,118,657

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  -----------------------------------------
HUNG KIN SANG RAYMOND      /  /   1        N1    465,654,640      461,784,640                                             MALCOM TRADING INC.            43,992,883  HUNG WONG KAR GEE MIMI          8,870,056

                                                                                                                          PRIMORE CO INC.                 2,509,266                            

                                                                                                                          CAPITA CO INC.                359,153,435                            

                                                                                                                          RJP ELECTRONICS LTD            48,329,000                            

HUNG WONG KAR GEE MIMI     /  /   1        N1    465,654,640      461,784,640                                             MALCOM TRADING INC.            43,992,883  HUNG KIN SANG RAYMOND           2,800,000

                                                                                                                          PRIMORE CO INC.                 2,509,266                            

                                                                                                                          CAPITA CO INC.                359,153,435                            

                                                                                                                          RJP ELECTRONICS LTD            48,329,000                            

STOCK NAME :  Benefun Int'l                  (1130)         * ISC as at 13/05/99 :         479,449,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  -----------------------------------------
NG GUEK KEOW             11/05/99 1               76,066,477       76,116,477                                             DOUBLE INT'L LTD               65,359,477                            

STOCK NAME :  Burlingame Int'l               (0202)         * ISC as at 13/05/99 :         425,019,668

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  -----------------------------------------
MERTON HOLDINGS LIMITED  05/05/99 1,3            162,831,969      171,069,969                                                                                                                  

TANG SUNG KWONG          05/05/99 1,3,5          162,831,969      173,291,969                                             MERTON HOLDINGS LTD           162,831,969                            


                    * ISC refers to the latest Issued Share Capital of the listed company recorded by the Exchange as at the date of this summaries.  It might not promptly reflect 
                      changes caused by share placements, rights issue, bonus issue, etc.  Readers should exercise caution when using these figures.
                                                                             SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                                                 PRINTED: 14/05/99  PAGE:   2
                                                                                SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Culturecom Hold                (0343)         * ISC as at 13/05/99 :       1,435,159,642

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  -----------------------------------------
CHAMBERLIN INVESTMENTS - 03/05/99 3        N3    323,000,000      362,710,000                                                                                                                  
LIMITED   N2                                                                                                                                                           

HARVEST SMART OVERSEAS - 03/05/99 3,4      N3    323,000,000      362,710,000                                                                                                                  
LIMITED   N2                                                                                                                                                         

VIAGOLD CAPITAL LIMITED  03/05/99 3,4      N3    323,000,000      362,710,000                                                                                                                  
          N2
STOCK NAME :  Recor Holdings                 (0397)         * ISC as at 13/05/99 :         870,214,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  -----------------------------------------
NEW RISE INDUSTRIES LIM- 26/03/99 1,3      N4    144,620,000      151,900,000                                                                                                                  
ITED                                                                                                                                                                 

STOCK NAME :  Wah Kwong Shipping Holdings    (0095)         * ISC as at 13/05/99 :         128,053,764

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  -----------------------------------------
SEMBCORP LOGISTICS LIMI- 03/05/99 1,7                      0       26,351,875                                                                                                                  
TED                                                                                                                                                                  

STOCK NAME :  Yue Yuen Ind.                  (0551)         * ISC as at 13/05/99 :         670,382,953

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  -----------------------------------------
POU CHEN CORPORATION     12/05/99                261,337,350      261,037,350                                             WEALTHPLUS HOLDINGS LTD       235,528,581                            

                                                                                                                          WIN FORTUNE INV LTD            23,911,169                            


                    * ISC refers to the latest Issued Share Capital of the listed company recorded by the Exchange as at the date of this summaries.  It might not promptly reflect 
                      changes caused by share placements, rights issue, bonus issue, etc.  Readers should exercise caution when using these figures.
                                                                             SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                                                 PRINTED: 14/05/99  PAGE:   3
                                                                                SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Yue Yuen Ind.                  (0551)         * ISC as at 13/05/99 :         670,382,953

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  -----------------------------------------
POU CHEN CORPORATION     12/05/99                261,337,350      261,037,350                                             TOP SCORE INV LTD               1,897,600                            

WEALTHPLUS HOLDINGS LIM- 12/05/99                235,528,581      235,228,581                                                                                                                  
ITED                                                                                                                                                                 


                    * ISC refers to the latest Issued Share Capital of the listed company recorded by the Exchange as at the date of this summaries.  It might not promptly reflect 
                      changes caused by share placements, rights issue, bonus issue, etc.  Readers should exercise caution when using these figures.

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


NOTES:


N1     RJP holds an additional 1,300,000 shares and Mrs. Mimi Hung
       holding an additional 2,570,000 shares in Applied which
       were inadvertently left out in the SDI notices in February
       1999.

N2     Revised

N3     Date of transaction : 03/05/99 - 07/05/99

       On 24/03/99, the Stock Exchange of Hong Kong Limited had
       granted permission to Culturecom Holdings Limited (the
       "Company") to issue option (the "Option") and granted
       permission to the listing of and dealing in the 130,000,000
       option shares ("Option Shares").  The Company accordingly
       granted the Option to certain placees to subscribe for
       further 130,000,000 Option Shares in the Company.

       On 05/05/99, three of the placees exercise their rights to
       subscribe for 21,000,000 Option Shares in the Company. 
       Therefore, the issued share capital of the Company had been
       increased from 1,435,159,642 to 1,456,159,642.

       On 07/05/99, eight of the placees exercise their rights to
       subscribe for 50,800,000 Option Shares in the Company. 
       Therefore, the issued share capital of the Company had been
       increased from 1,456,159,642 to 1,506,959,642.
       
N4     Disposal of 6,000,000 shares on 26 March 1999 and 1,280,000
       shares on 4 May 1999.

N5     Disposals were made from 05/05/99 to 11/05/99 at prices
       ranging from $0.127 to $0.180 per share.

N6     Automatic reinvestment of dividend by PEP Manager.

N7     Bonus Issue