SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 30/04/02  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Timeless                       (08028)        * ISC as at 25/04/02 :         938,855,503

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
CHINA WEST EDUCATIONAL - 07/03/02 1              108,057,374                0                                                                                                                                  N1         
INVESTMENT LTD.                                                                                                                                                      

NINGXIA EDUCATIONAL INF- 07/03/02 4              108,057,374                0                                             CHINA WEST EDUCATIONAL -      108,057,374                                            N1         
ORMATION TECHNOLOGY CO.-                                                                                                  INV LTD                                    
 LTD.                                                                                                                                                                


                    * 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     Please refer to the Company's announcement of 20 November 2001.

N2     Consideration per unit:  $1.27 - $1.28

N3     Acquisitions were made from 22/04/02 to 25/04/02 at prices ranging
       from $0.061 to $0.067 per share.