SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 18/11/02  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Grandy Enviro                  (08143)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 KONG LI SZU                           ORD                    GRANDY APPLIED ENVIRONMENTAL T-    /  /        119,229,995     119,229,995            0.000              
                                                              ECHNOLOGY CORPORATION         

                                       ORD                    KONG SUN HOLDINGS LIMITED        05/11/02    1,457,736,531   1,447,736,531  A         0.188   N1         

                                       ORD                    KONG SUN HOLDINGS LIMITED        14/11/02    1,480,497,226   1,457,736,531  A         0.180   N2         

                                                                     *****  END OF REPORT  *****

NOTES

                       
N1      Consideration per unit: $0.187 - $0.188

N2      Exercise of share options