Securities (Disclosure of Interests) Daily Summaries
 

                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 30/11/99  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Asia Financial Holdings        (0662)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 CHAN YAU HING ROBIN                   ORD                    ASIA FINANCIAL HOLDINGS LTD.     24/11/99      323,031,131     322,951,131  A         1.345     N7

 STOCK NAME : Baltrans Hold.                 (0562)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 LAU SIU WING                          ORD                    BALTRANS HOLDINGS LTD.           26/11/99       72,384,000      72,008,000  A         1.005

 STOCK NAME : Cheuk Nang Pro                 (0131)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 CHAO SZE TSUNG CECIL                  ORD                    CHEUK NANG PROPERTIES (HOLDING-  25/11/99      149,456,196     149,348,196  A         0.985     N8
                                                              S) LTD.                       

 STOCK NAME : China Telecom                  (0941)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 LI GANG                               ORD                    CHINA TELECOM (HONG KONG) LTD      /  /                  0               0            0.000

 HE NING                               ORD                    CHINA TELECOM (HONG KONG) LTD      /  /                  0               0            0.000

 WANG XIAOCHU                          ORD                    CHINA TELECOM (HONG KONG) LTD      /  /              2,000           2,000            0.000

 LI PING                               ORD                    CHINA TELECOM (HONG KONG) LTD      /  /              4,000           4,000            0.000

 DING DONGHUA                          ORD                    CHINA TELECOM (HONG KONG) LTD      /  /              2,000           2,000            0.000
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                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Chinese Est H                  (0127)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 WONG WING YUE ROSALINE                ORD                    CHINESE ESTATES HOLDINGS LTD.      /  /            100,000         100,000            0.000

                                       99 WAR                 CHINESE ESTATES HOLDINGS LTD.    17/11/99              300          10,000  D         0.000

                                       99 WAR                 CHINESE ESTATES HOLDINGS LTD.      /  /                  0             300            0.000     N16

                                       2000 WAR               CHINESE ESTATES HOLDINGS LTD.      /  /             10,000          10,000            0.000

 LAU LUEN HUNG JOSEPH                  ORD                    CHINESE ESTATES HOLDINGS LTD.    24/11/99    1,114,070,756   1,012,791,603            0.970     N1

                                       99 WAR                 CHINESE ESTATES HOLDINGS LTD.    24/11/99                0     101,279,153            0.000

                                       2000 WAR               CHINESE ESTATES HOLDINGS LTD.      /  /        101,279,153     101,279,153            0.000

                                       ORD                    EVERGO CHINA HOLDINGS LTD          /  /      1,109,929,237   1,109,929,237            0.000

                                       ORD                    THE KWONG SANG HONG INT'L LTD      /  /        394,442,047     394,442,047            0.000

 STOCK NAME : Denway Inv                     (0203)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 ZHANG QUAN                            ORD                    DENWAY INVESTMENT LTD.           25/11/99        3,800,000       2,000,000  A         0.311

 XIE YOUDE                             ORD                    DENWAY INVESTMENT LTD.           25/11/99        1,800,000               0  A         0.311
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                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Golik Holding                  (1118)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 PANG TAK CHUNG                        ORD                    GOLIK HOLDINGS LTD               22/11/99      208,363,700     207,763,700  A         0.313     N9

 STOCK NAME : Grand Orient                   (0106)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 XIE MIN                               ORD                    GRAND ORIENT HOLDINGS LTD.       07/09/99          100,000               0  A         0.240

                                       ORD                    GRAND ORIENT HOLDINGS LTD.       07/09/99          260,000         100,000  A         0.229

 XIE MIN                               ORD                    GRAND ORIENT HOLDINGS LTD.       23/09/99          360,000         260,000  A         0.209

 STOCK NAME : Guangdong Dev F                (0980)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 CHU LAP LIK VICTOR                    ORD (US$)              GUANGDONG DEVELOPMENT FUND LIM-  25/11/99       10,050,000            N.A.  A         0.240     N2
                                                              ITED                          

 STOCK NAME : Hang Fung Gold                 (0870)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 LAM SAI WING                          ORD                    HANG FUNG GOLD TECHNOLOGY LTD    16/03/99      167,406,750            N.A.            0.000

                                       NON-VOTING A SH        HANG FUNG JEWELLERY CO LTD       16/03/99                1            N.A.            0.000

                                       NON-VOTING A SH        KAI HANG JEWELLERY CO LTD        16/03/99            8,000            N.A.            0.000
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                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Hang Fung Gold                 (0870)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 CHAN YAM FAI JANE                     ORD                    HANG FUNG GOLD TECHNOLOGY LTD      /  /                  0               0            0.000

                                       NON-VOTING A SH        HANG FUNG JEWELLERY CO LTD       16/03/99                1            N.A.            0.000

                                       NON-VOTING A SH        KAI HANG JEWELLERY CO LTD        16/03/99            2,000            N.A.            0.000

 STOCK NAME : Hutchison                      (0013)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 LI KA SHING                           ORD                    HUTCHISON WHAMPOA LTD.             /  /      1,944,547,978   1,944,547,978            0.000     N10

                                       ORD                    HONGKONG ELECTRIC HOLDINGS LTD     /  /        782,042,677     782,042,677            0.000

                                       COMMON "C" SH          HUSKY OIL HOLDINGS LTD             /  /              4,600           4,600            0.000

                                       ORD                    ORANGE PLC                       22/11/99                0       1,000,000  D         0.000     N11

                                       ORD                    CHEUNG KONG INFRASTRUCTURE HOL-    /  /      1,912,109,945   1,912,109,945            0.000
                                                              DINGS LTD                     

 STOCK NAME : IMC Holdings                   (0117)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 HO DING BONG DANNY                    ORD                    IMC HOLDINGS LTD.                25/11/99          956,000          21,000  A         0.730
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                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Innovative Int'l               (0729)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 CHANG LIEN HING STEPHEN               ORD                    INNOVATIVE INTERNATIONAL (HOLD-  20/05/99      138,359,681     139,069,681  D         0.463
                                                              INGS) LTD.                    

                                       ORD                    INNOVATIVE INTERNATIONAL (HOLD-  05/10/99      138,159,681     138,359,681  D         0.238
                                                              INGS) LTD.                    

                                       ORD                    INNOVATIVE INTERNATIONAL (HOLD-  06/10/99      137,859,681     138,159,681  D         0.247
                                                              INGS) LTD.                    

 STOCK NAME : JCG Holdings                   (0626)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 TEH HONG PIOW                         ORD                    JCG HOLDINGS LTD.                  /  /        391,582,110     391,582,110            0.000

                                       ORD (RM)               PUBLIC BANK BERHAD               24/11/99      783,298,000     783,313,000            3.180     N12

                                       OPT                    PUBLIC BANK BERHAD                 /  /            250,000         250,000            0.000

                                       ORD                    PUBLIC FINANCE BERHAD              /  /        187,335,551     187,335,551            0.000

                                       ORD                    PB INT'L FACTORS SDN BHD           /  /          5,500,000       5,500,000            0.000

                                       ORD (RM)               KUALA LUMPUR MUTUAL FUND BHD     23/07/99        5,100,000       3,300,000  A        28.400

                                       ORD                    WINTON HOLDINGS (BERMUDA) LTD      /  /        314,999,925     314,999,925            0.000

                                       ORD                    BUSINESS PREMIUM SDN BHD           /  /          5,111,504       5,111,504            0.000
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                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : JCG Holdings                   (0626)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 TEH HONG PIOW                         ORD                    WINSURE CO LTD                     /  /             15,500          15,500            0.000

                                       ORD                    WU SHANG MEI WINTON (CHINA) IN-    /  /                 90              90            0.000
                                                              VESTMENT CO LTD               

 STOCK NAME : Kowloon Dev                    (0034)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 NG ANTHONY                            ORD                    KOWLOON DEVELOPMENT CO LTD       24/11/99       78,648,400      78,602,400  A         3.600

 STOCK NAME : Manulife                       (0945)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
     N18                                                                                                                                         

 STOCK NAME : Mui Hong Kong                  (0542)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 LO KIN LUEN HENRY                     ORD                    MUI HONG KONG LTD                25/11/99        3,055,507       4,005,507  D         0.098

                                       ORD                    MUI HONG KONG LTD                25/11/99        2,255,507       3,055,507  D         0.097

                                       ORD                    MUI HONG KONG LTD                25/11/99        1,935,507       2,255,507  D         0.096

                                       ORD                    MUI HONG KONG LTD                25/11/99        1,735,507       1,935,507  D         0.095
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                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Mui Hong Kong                  (0542)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 LO KIN LUEN HENRY                     WAR                    MUI HONG KONG LTD                  /  /             71,252          71,252            0.000

                                       ORD                    UNITFIRST INV LTD                  /  /                500             500            0.000

 STOCK NAME : Orient Power                   (0615)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 POON KA HUNG                          ORD                    ORIENT POWER HOLDINGS LTD.       26/11/99      149,879,729     145,044,900  A         0.300

 WU LAI PING                           ORD                    ORIENT POWER HOLDINGS LTD.       26/11/99      149,879,729     145,044,900  A         0.300

 LEUNG CHUN PONG                       ORD                    ORIENT POWER HOLDINGS LTD.       26/11/99           82,937          80,262  A         0.300

 STOCK NAME : Pac Century Ins                (0065)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 BONNER JOHN TODD                      ORD                    PACIFIC CENTURY INSURANCE HOLD-    /  /                  0               0            0.000
                                                              INGS LIMITED                  

 ARENA ALEXANDER ANTHONY               ORD                    PACIFIC CENTURY INSURANCE HOLD-    /  /                  0               0            0.000
                                                              INGS LIMITED                  

 STOCK NAME : Process Automation             (0679)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 GEOFFREY FORBES PATERSON              ORD                    PROCESS AUTOMATION (HOLDINGS) -  26/11/99        1,776,420       2,176,420  D         0.325
                                                              LTD.                          
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                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Process Automation             (0679)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 GEOFFREY FORBES PATERSON              ORD                    PROCESS AUTOMATION (HOLDINGS) -  26/11/99        1,136,420       1,776,420  D         0.320
                                                              LTD.                          

                                       WAR                    PROCESS AUTOMATION (HOLDINGS) -    /  /          1,027,284       1,027,284            0.000
                                                              LTD.                          

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

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 YIM YUK LUN STANLEY                   ORD                    S.A.S. DRAGON HOLDINGS LTD.      26/11/99       37,329,400      37,067,400  A         0.000

 STOCK NAME : Shun Ho Cons                   (0219)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 CHENG KAI MAN WILLIAM                 ORD                    SHUN HO CONSTRUCTION (HOLDINGS-  22/11/99      315,571,182     315,317,182  A         0.315
                                                              ) LTD.                        

                                       ORD                    SHUN HO CONSTRUCTION (HOLDINGS-  23/11/99      315,971,182     315,571,182  A         0.310
                                                              ) LTD.                        

                                       ORD                    SHUN HO CONSTRUCTION (HOLDINGS-  24/11/99      316,471,182     315,971,182  A         0.310
                                                              ) LTD.                        

                                       ORD                    MAGNIFICENT ESTATES LTD            /  /      1,580,629,620   1,580,629,620            0.000

                                       ORD                    SHUN HO RESOURCES HOLDINGS LTD     /  /        216,608,825     216,608,825            0.000
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                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Sino Infotech                  (0205)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 JIN YAN                               ORD                    SINO INFOTECH HOLDINGS LIMITED   26/11/99        5,688,000       4,900,000  A         0.198     N13

 STOCK NAME : Winton Holdings                (0510)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 TEH HONG PIOW                         ORD                    WINTON HOLDINGS (BERMUDA) LTD.     /  /        314,999,925     314,999,925            0.000

                                       ORD (RM)               PUBLIC BANK BERHAD               24/11/99      783,298,000     783,313,000            3.180     N12

                                       OPT                    PUBLIC BANK BERHAD                 /  /            250,000         250,000            0.000

                                       ORD                    PUBLIC FINANCE BERHAD              /  /        187,335,551     187,335,551            0.000

                                       ORD                    PB INT'L FACTORS SDN BHD           /  /          5,500,000       5,500,000            0.000

                                       ORD (RM)               KUALA LUMPUR MUTUAL FUND BHD     23/07/99        5,100,000       3,300,000  A        28.400

                                       ORD                    JCG HOLDINGS LTD                   /  /        391,582,110     391,582,110            0.000

                                       ORD                    BUSINESS PREMIUM SDN BHD           /  /          5,111,504       5,111,504            0.000

                                       ORD                    WINSURE CO LTD                     /  /             15,500          15,500            0.000

                                       ORD                    WU SHANG MEI WINTON (CHINA) IN-    /  /                 90              90            0.000
                                                              V CO LTD                      
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                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Yoshiya Int'l                  (0193)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 LIU NGAI WING                         ORD                    YOSHIYA INTERNATIONAL CORPORAT-  26/11/99        6,188,000       3,188,000  A         0.571     N14
                                                              ION, LTD.                     

 LIU NGAI WING                         ORD                    YOSHIYA INTERNATIONAL CORPORAT-  26/11/99        3,000,000       6,188,000  D         0.650     N15
                                                              ION, LTD.                     

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


NOTES:

N1     Exercise of 1999 warrants

N2     Mr. Victor Chu has a material interest in the General Partner of FE
       Select Holdings, L.P. which is the holding company of FE Select
       Investments Ltd.

N3     Date of Transactions : 19/11/99 - 24/11/99

N4     Being security interest pursuant to 2 share mortgages dated 26 November
       1999.

N5     This acquisition was carried out by a subsidiary of an associated
       company of Shun Ho Group not by Mr. William Cheng.

N6     Placing of 133,000,000 shares at HK$2.10 per share as announced on
       17 November 1999.

N7     Acquisitions were made on 24/11/99 and 25/11/99 at prices $1.34 and
       $1.35 per share.
       
N8     Consideration per unit : $0.96 - $1.02

N9     Acquisitions were made on 22/11/99 and 24/11/99 at prices $0.305 and
       $0.320 per share.

N10    Please note that total number of shares deemed to be held by Mr. Li
       Ka-shing include 1,936,547,978 HWL shares (representing 49.97% as of
       22 November 1999) held by CKHL and 8,000,000 HWL shares held by his
       family trust structure.

N11    Consideration per unit : 0.0965 new ordinary shares with no par value
       in Mannesmann AG in cash and GBP 6.40, subject to any adjustment in
       accordance with the Mix and Match Election provision set out in the
       offer document.

N12    Transactions were made from 24/11/99 to 26/11/99 at prices ranging from
       RM3.00 to RM3.24 per share.

N13    Consideration per unit : $0.195 - $0.200

N14    Exercise of rights

N15    Consideration per unit : $0.57 - $0.67

N16    Expiry of warrants

N17    SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES
       SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

       Stock Name: Manulife Financial Corporation (stock code: 945)
       *ISC as at 30/11/99 : 500,397,825

       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.

N18    SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES
       DIRECTORS' AND CHIEF EXECUTIVES' NOTIFICATIONS REPORT

       Stock Name: Manulife Financial Corporation (stock code: 945)
       *ISC as at 30/11/99 : 500,397,825

       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, "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.  
    
       *  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.