SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - GEM                          PRINTED: 07/04/00  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : iMerchants                     (8009)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 JOHNSTON MATTHEW P                    ORD                    iMERCHANTS LIMITED               31/03/00          100,000            N.A.            0.000

 KUNG LIN YUEN LEROY                   ORD                    iMERCHANTS LIMITED               31/03/00      720,745,000            N.A.            0.000

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