SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 20/08/99  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Ocean Grand                    (1220)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 YIP KIM PO                             G  ORD              OCEAN GRAND HOLDINGS LTD               12,000,000    270398-030907        0.370                1

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


Notes:


N1     Date of transaction: 13/08/99 & 16/08/99

N2     Acquisitions were made from 16/08/99 to 17/08/99 at prices ranging
       from $0.68 to $0.69 per share.

N3     Rights issue