SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 18/07/01  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

                                                                     *****  END OF REPORT  *****
Notes:        


N1     2,990,500 shares transferred to employees pursuant to the Share Option
       Scheme at HK$0.0138 per share.

N2     Please refer to the Company's announcement of 29 June 2001.