SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 18/11/02  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Grandy Enviro                  (08143)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration       Note
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------  -----------
 KONG LI SZU                            E  OPT              KONG SUN HOLDINGS LTD                  22,760,695           -              -                   0             

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

NOTES

                       
N1      Consideration per unit: $0.187 - $0.188

N2      Exercise of share options