SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 14/09/01  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Excel Tech                     (08048)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 ZEE CHAN MEI CHU PEGGY                ORD                    EXCEL TECHNOLOGY INTERNATIONAL-  07/09/01      575,564,544     576,521,544  D         0.014   N1         
                                                               HOLDINGS LIMITED             

 STOCK NAME : Timeless                       (08028)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 CHENG KIN KWAN                        ORD                    TIMELESS SOFTWARE LIMITED        12/09/01       66,200,000      65,282,000  A         0.479              

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



N1     957,000 shares transferred to employees pursuant to the Share Option
       Scheme at HK$0.0138 per share.