SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - GEM                          PRINTED: 07/12/99  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Timeless                       (8028)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 CHENG KIN KWAN                        ORD                    TIMELESS SOFTWARE LIMITED        01/12/99       50,000,000      25,000,000  A         0.000     N1

                                       ORD                    TIMELESS SOFTWARE LIMITED        01/12/99       48,400,000      50,000,000  D         3.000

 KAN SIU KEI LAURIE                    ORD                    TIMELESS SOFTWARE LIMITED        01/12/99       42,400,000      44,000,000  D         3.000

 CHENG WAN CHEUNG DANNY                ORD                    TIMELESS SOFTWARE LIMITED        01/12/99       42,400,000      44,000,000  D         3.000

                                                                     *****  END OF REPORT  *****Note:


N1     Return of 25,000,000 shares from ING.