SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 27/05/02  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Excel Tech                     (08048)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 ZEE CHAN MEI CHU PEGGY                ORD                    EXCEL TECHNOLOGY INTERNATIONAL-  22/05/02      574,724,044     574,764,044  D         0.000   N1         
                                                               HOLDINGS LIMITED             

 STOCK NAME : Town Health                    (08138)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 CHO KAM LUK                           ORD                    TOWN HEALTH INTERNATIONAL HOLD-  21/05/02      180,475,846      42,275,846  A         0.200   N3         
                                                              INGS COMPANY LIMITED          

 CHO KWAI CHEE                         ORD                    TOWN HEALTH INTERNATIONAL HOLD-  21/05/02      180,475,846      42,275,846  A         0.200   N3         
                                                              INGS COMPANY LIMITED          

 FUNG YIU TONG BENNET                  ORD                    TOWN HEALTH INTERNATIONAL HOLD-  21/05/02      180,475,846      42,275,846  A         0.200   N3         
                                                              INGS COMPANY LIMITED          

 CHAN WING LOK BRIAN                   ORD                    TOWN HEALTH INTERNATIONAL HOLD-  21/05/02      180,475,846      42,275,846  A         0.200   N3         
                                                              INGS COMPANY LIMITED          

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


N1     40,000 shares transferred to employees pursuant to the Share Option
       Scheme at HK$0.0138 per share.

N2     Retired as director at the Annual General Meeting held on 17/05/2002
       and remains as a substantial shareholder.

N3     Please refer to the Company's announcements of 8 May 2002 and
       21 May 2002.