Directors'/Chief Executives' Notifications Report

Securities (Disclosure of Interests) Daily Summaries

SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES PRINTED: 26/10/99 PAGE: 1
DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
(ACTUAL TRANSACTIONS)

STOCK NAME : Cheung Tai Hong (0199)

STOCK NAME : China United (0273)

STOCK NAME : Hung Hing Print (0450)

STOCK NAME : Kowloon Dev (0034)

NG ANTHONY ORD KOWLOON DEVELOPMENT CO LTD 19/10/99 78,474,400 78,394,400 A 3.425 N3

STOCK NAME : Manulife (0945)

Director/Chief Executive Class Company Name Tran. Date Present Bal. Previous Bal. A/D Consideration
------------------------------------ --------------------- ------------------------------- ---------- --------------- --------------- --- -------------
N7
SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES PRINTED: 26/10/99 PAGE: 2
DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
(ACTUAL TRANSACTIONS)

STOCK NAME : Melco Int'l Dev. (0200)

Director/Chief Executive Class Company Name Tran. Date Present Bal. Previous Bal. A/D Consideration
------------------------------------ --------------------- ------------------------------- ---------- --------------- --------------- --- -------------
HO CHIU KING PANSY ORD MELCO INTERNATIONAL DEVELOPMEN- 15/10/99 1,791,000 1,781,000 A 0.710
T LIMITED

STOCK NAME : Pac Challenge (0166)

Director/Chief Executive Class Company Name Tran. Date Present Bal. Previous Bal. A/D Consideration
------------------------------------ --------------------- ------------------------------- ---------- --------------- --------------- --- -------------
YU SHIN GAY JOSEPH ORD PACIFIC CHALLENGE HOLDINGS LIM- 22/10/99 38,284,000 38,234,000 A 0.680
ITED

STOCK NAME : Paramount Publishing (0282)

ORD NEXT MEDIA INT'L HOLDINGS LTD / / 32,613,461 N.A. 0.000

YEUNG WAI HONG ORD PARAMOUNT PUBLISHING GROUP LTD- / / 0 0 0.000
.

ORD NEXT MEDIA INT'L HOLDINGS LTD / / 1,282,051 N.A. 0.000

CHOW ON KIU ANDREW ORD PARAMOUNT PUBLISHING GROUP LTD- / / 0 0 0.000
.

HO KWOK FAI MORRIS ORD PARAMOUNT PUBLISHING GROUP LTD- / / 0 0 0.000
.
SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES PRINTED: 26/10/99 PAGE: 3
DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
(ACTUAL TRANSACTIONS)

STOCK NAME : Paramount Publishing (0282)

KOK HON KAY PETER ORD PARAMOUNT PUBLISHING GROUP LTD- / / 0 0 0.000
.

ORD APPLE DAILY PRINTING LTD 20/10/99 2,250,000 N.A. 0.000

STOCK NAME : S.A.S. Dragon (1184)

YIM YUK LUN STANLEY ORD S.A.S. DRAGON HOLDINGS LTD. 22/10/99 34,761,400 34,557,400 A 0.000

STOCK NAME : Shell Electric (0081)

Director/Chief Executive Class Company Name Tran. Date Present Bal. Previous Bal. A/D Consideration
------------------------------------ --------------------- ------------------------------- ---------- --------------- --------------- --- -------------
YUNG KWOK KEE BILLY ORD SHELL ELECTRIC MFG (HOLDINGS) - 19/10/99 174,072,000 172,688,000 A 0.820 N4
CO LTD

STOCK NAME : Suwa Int'l Hold (0567)

Director/Chief Executive Class Company Name Tran. Date Present Bal. Previous Bal. A/D Consideration
------------------------------------ --------------------- ------------------------------- ---------- --------------- --------------- --- -------------
LAU WING HUNG ORD SUWA INTERNATIONAL HOLDINGS LT- 20/10/99 81,396,000 74,546,000 A 0.413
D.
SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES PRINTED: 26/10/99 PAGE: 4
DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
(ACTUAL TRANSACTIONS)

STOCK NAME : Suwa Int'l Hold (0567)

STOCK NAME : Tai Cheung Hold (0088)

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

NOTES:

N1 Due to the disposal of Angel Securities Limited

N2 Acquisitions were made from 20/10/99 to 22/10/99 at prices ranging from
$2.950 to $2.975 per share.

N3 Consideration per unit : $3.40 - $3.45

N4 Acquisitions were made from 19/10/99 to 20/10/99 at prices ranging from
$0.79 to $0.84 per share.

N5 Acquisitions were made from 20/10/99 to 22/10/99 at prices ranging from
$1.75 to $1.77 per share.

N6 SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES
SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

Stock Name: Manulife Financial Corporation (stock code: 945)
*ISC as at 22/10/99 : 500,903,225

The Securities and Futures Commission has granted Manulife Financial
Corporation ("MFC") a partial exemption from compliance with the
Securities (Disclosure of Interests) Ordinance pursuant to guidelines
published under section 2A of the Ordinance. Under the partial
exemption, MFC is not required to prepare registers, maintain records
or file, and MFC's corporate insiders are not required to file, with
Hong Kong regulatory authorities disclosure of interest reports
pursuant to the Ordinance on the condition that MFC will file with
the SEHK disclosures of interests made in Canada and the U.S. where
it maintains primary listings.

1. Under Canadian law, 10% shareholders of MFC have to file reports to
the Ontario Securities Commission ("OSC"). Reports made by 10%
shareholders, if any, can be found in OSC website www.sedar.com.
MFC has agreed to monitor the OSC Weekly Bulletin and Insider Early
Warning Report Press Releases every two weeks and if any reports by
or concerning 10% shareholders and filed, MFC will provide a hard
copy to the SEHK for inspection by the Hong Kong public. So far,
the SEHK has not received any such reports from MFC.

2. Under U.S. law, 5% shareholders of MFC have to file reports to the
U.S. Securities and Exchange Commission ("SEC") pursuant to Schedule
13G/13D of the Securities and Exchange Act 1934 of the United States.
Up-to-date reports made by 5% shareholders, if any, can be found in
SEC website at www.sec.gov. MFC has agreed to monitor the SEC
website every two weeks and if any reports on 5% shareholders are
filed, MFC will provide a hard copy to the SEHK for inspection by
the Hong Kong public. So far, the SEHK has not received any such
reports from MFC.

3. Hard copies of filings or reports provided by MFC under paragraphs 1
and 2 above (if any) are available for inspection at the SEHK's
office at UG/F, V-Heun Building, 128-140 Queen's Road Central,
Hong Kong, and upon request in writing to MFC at MFC's office at
Manulife Plaza, The Lee Gardens, 48th Floor, 33 Hysan Avenue,
Causeway Bay, Hong Kong. For enquiries or arrangements regarding
inspection at the SEHK please contact the SEHK SDI Unit (Miss Chin
(2840-3707) or Miss Tsui (2840-3769)).

* 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.

N7 SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES
DIRECTORS' AND CHIEF EXECUTIVES' NOTIFICATIONS REPORT

Stock Name: Manulife Financial Corporation (stock code: 945)
*ISC as at 22/10/99 : 500,903,225

1. Under Canadian law, "insiders" including directors of MFC have
to file reports to the Ontario Securities Commission ("OSC")
in Form 55 pursuant to the Ontario Securities Act. MFC has agreed
to provide Forms 55 filed by MFC in Canada to the SEHK at the same
time as they are filed in Canada. No Form 55 filings have been
made by MFC today.

2. MFC is presently a "foreign private issuer" under U.S. law. As
such, no directors of MFC are required to make any disclosure of
interests filings under the Securities Exchange Act 1934 of the
United States.