SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 21/12/01  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Billybala                      (08117)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration       Note
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------  -----------
 LEE SHU EN DEREK                       G  ORD              BILLYBALA HOLDINGS LIMITED             10,560,000                         0.240                1             

 FUNG HOO WING THOMAS                   G  ORD              BILLYBALA HOLDINGS LIMITED              3,520,000                         0.240                1             

 NG CHI KIN KENNY                       G  ORD              BILLYBALA HOLDINGS LIMITED              3,520,000                         0.240                1             

 LEUNG WAI KEUNG                        G  ORD              BILLYBALA HOLDINGS LIMITED             15,840,000                         0.240                1             

 TUNG WAI WA WALLACE                    G  ORD              BILLYBALA HOLDINGS LIMITED              3,520,000                         0.240                1             

 LI KA KUI                              G  ORD              BILLYBALA HOLDINGS LIMITED              3,520,000                         0.240                1             

 CHENG KAR SHING                        G  ORD              BILLYBALA HOLDINGS LIMITED              3,520,000                         0.240                1             

                                                                     *****  END OF REPORT  *****
GEM-Notes:

  
N1     As a result of a share transfer in relation to 33,346,250 shares in
       Kingdee International Software Group Company Limited (the "Company")
       between Chao Shi Yan, a substantial shareholder of the Company and
       her brother Zhao Yong, a non-executive director of the Company at
       the consideration of HK$0.10 per share, being the nominal value of
       such shares.

N2     Consideration per unit : $0.108200 - $0.109948