SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 19/03/02  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Wah Sang Gas                   (08035)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration       Note
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------  -----------
 ZHANG FAN                              G  OPT              WAH SANG GAS HOLDINGS LIMITED           3,000,000    110402-100407        0.596                1             

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


N1     Due to the restructuring of the trust of Mr. Yeung Sau Shing, Albert,
       the entire issued share capital in Surplus Way Profits Limited
       ("Surplus Way") (which was interested in the shares of the Company)
       was transferred from Questrel Holdings Limited to Jumbo Wealth
       Limited, the trustee of The A & A Unit Trust under The Albert Yeung
       Discretionary Trust.

N2     Surplus Way Profits Limited acquired additional 200,000 ordinary
       shares in the Company since the last disclosure.
           
N3     Appointed as a director of the Company on 15 March 2002.