SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - GEM                          PRINTED: 31/07/00  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Panda-Recruit                  (8073)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------
 CHOW YUNG                             ORD                    PANDA-RECRUIT LIMITED            20/07/00      153,650,000            N.A.            0.000

 CHAN IFAN                             ORD                    PANDA-RECRUIT LIMITED            20/07/00       17,809,000            N.A.            0.000

 CHRISTOFIS PETER STAVROS PATAPIOS     ORD                    PANDA-RECRUIT LIMITED            20/07/00          650,000            N.A.            0.000

 GOODRIDGE BARRIE CALVERT              ORD                    PANDA-RECRUIT LIMITED            20/07/00          650,000            N.A.            0.000

 LO KA SHUI                            ORD                    PANDA-RECRUIT LIMITED            20/07/00      332,640,000            N.A.            0.000

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