SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 21/12/01  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Billybala                      (08117)        * ISC as at 20/12/01 :         440,000,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
CHENG KAR SHING          13/12/01 2              242,000,000             N.A.                                             ROMSON LTD                    242,000,000                                                       

ROMSON LIMITED           13/12/01 2              242,000,000             N.A.                                                                                                                                             

STOCK NAME :  Kingdee Int'l                  (08133)        * ISC as at 20/12/01 :         437,750,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
CHAO SHI YAN             19/12/01 1,3             47,687,500       81,033,750                                                                                                                                  N1         


                    * 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  *****
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