SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 14/03/02  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : NCM Holdings                   (08085)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 LEUNG OI WAH                          ORD                    NEW CHINESE MEDICINE HOLDINGS -  07/03/02      200,800,641            N.A.  A         0.000              
                                                              LIMITED                       

 WONG CHEAH FOO                        ORD                    NEW CHINESE MEDICINE HOLDINGS -    /  /                  0               0            0.000              
                                                              LIMITED                       

 CHAN WAI MING BILLY                   ORD                    NEW CHINESE MEDICINE HOLDINGS -  07/03/02        8,000,000            N.A.  A         0.000   N1         
                                                              LIMITED                       

 STOCK NAME : Phoenix TV                     (08002)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 CHEUNG CHUN ON DANIEL                 ORD                    PHOENIX SATELLITE TELEVISION H-  11/03/02                0         110,000  D         0.980              
                                                              OLDINGS LIMITED               

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


N1     Total consideration:  $31.2