SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - GEM                          PRINTED: 28/01/00  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : AIR Holdings                   (8025)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 TAM YEE WA JOJO                       ORD                    ASIAN INFORMATION RESOURCES (H-  24/01/00                0       1,200,000  D         0.830
                                                              OLDINGS) LIMITED              

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