Securities (Disclosure of Interests) Daily Summaries
 
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 24/08/99  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : AXA Chinaregion                (0130)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 SUMMERS ANTHONY RICHARD                G  ORD (AUD)        NATIONAL MUTUAL HOLDINGS LTD              123,000    300600-300602        2.000                0

                                        G  ORD (AUD)        NATIONAL MUTUAL HOLDINGS LTD              150,000    310301-310303        3.470                0

                                        G  ORD (AUD)        NATIONAL MUTUAL HOLDINGS LTD               75,000    280702-280704        2.370                0

 STOCK NAME : CWHKT                          (0008)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 OLSEN RODNEY JAMES                     E  ORD              CABLE & WIRELESS HKT LTD                   29,409           -              -                   0

 STOCK NAME : Guangdong Inv                  (0270)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 CHAN WING YUEN HUBERT                  G  ORD              GUANGDONG INVESTMENT LTD.                 350,000                         8.304                0

                                        G  ORD              GUANGDONG INVESTMENT LTD.                 500,000                         2.892                0

                                        G  ORD              GUANGDONG INVESTMENT LTD.                 350,000                         1.037                0

 STOCK NAME : Wah Lee Res                    (1215)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 YEUNG KWOK FAN                         G  OPT              WAH LEE RESOURCES HOLD LTD             26,300,000    030298-221206        0.140                0

 WU YUNG                                G  OPT              WAH LEE RESOURCES HOLD LTD             26,300,000    030298-221206        0.140                0
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 24/08/99  PAGE:   2
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Wah Lee Res                    (1215)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 YEUNG KWOK FAN                         G  OPT              WAH LEE RESOURCES HOLD LTD             26,300,000    030298-221206        0.140                0

 WU YUNG                                G  OPT              WAH LEE RESOURCES HOLD LTD             26,300,000    030298-221206        0.140                0

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


NOTES:




N1     Rights Issue

N2     Acquisitions were made from 18/08/99 to 19/08/99 at prices ranging
       from $0.68 to $0.74 per share.

N3     Acquisitions were made from 16/08/99 to 19/08/99 at prices ranging
       from $1.90 to $1.95 per share.

N4     Consideration per unit : $0.06 - $0.09

N5     Expiry of warrants

N6     Bonus issue of warrants

N7     Consideration per unit : $0.070 - $0.073