SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 14/12/01  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Excel Tech                     (08048)        * ISC as at 13/12/01 :       1,041,026,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
ZEE CHAN MEI CHU PEGGY   10/12/01 1,6            575,400,044      575,350,044                                             PASSION INV (BVI) LTD         575,286,044                                                       

STOCK NAME :  Xteam Software                 (08178)        * ISC as at 13/12/01 :         537,293,233

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
MA MING FAI GARY         11/12/01 1,2            249,713,328             N.A.                                             UPWISE INV LTD                116,371,349                                                       

                                                                                                                          PRINCETON VENTURE PARTN-       51,860,472                            
                                                                                                                          ERS LTD                                    

                                                                                                                          ONE FOCUS GROUP LTD            81,481,507                            

ONE FOCUS GROUP LIMITED  11/12/01 1,2             81,481,507             N.A.                                                                                                                                             

REN YI                   11/12/01 1,2             81,481,507             N.A.                                             ONE FOCUS GROUP LTD            81,481,507                                                       

UPWISE INVESTMENTS LTD.  11/12/01 1,2            116,371,349             N.A.                                                                                                                                             


                    * ISC refers to the latest Issued Share Capital of the listed company recorded by the Exchange as at the date of this summaries.  It might not promptly reflect 
                      changes caused by share placements, rights issue, bonus issue, etc.  Readers should exercise caution when using these figures.

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


N1     Consideration per unit:  $0.105 - $0.107

N2     Exercise of warrants

N3     Acquisitions were made from 05/12/01 to 07/12/01 at prices ranging
       from $3.500 to $3.650 per share.