SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 19/12/02  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Sing Pao Media                 (08010)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 MASANORI SUZUKI                       ORD                    SING PAO MEDIA GROUP LIMITED       /  /                  0               0            0.000   N2         

 STOCK NAME : Timeless                       (08028)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 CHENG KIN KWAN                        ORD                    TIMELESS SOFTWARE LIMITED        17/12/02       95,176,000      94,948,000  A         0.168              

 STOCK NAME : Universal Tech                 (08091)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 LAU SIK SUEN                          ORD                    UNIVERSAL TECHNOLOGIES HOLDING-  13/12/02       34,870,000      21,830,000  A         0.084   N3         
                                                              S LIMITED                     

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

NOTES


N1      Disclosure following a change of ownership structure of HSBC
        International Trustee Limited ("HKIT") resulting in deemed interests
        acquired by HSBC Private Banking Holdings (Suisse) SA being the
        new intermediate holding company of HKIT.

N2      1,687,500 options at the exercise price of HK$7.18 (adjusted by
        the rights issue with effect from 17 September, 2002 as disclosed
        in the Company's prospectus dated 28 August, 2002 were surrendered
        on 16 December, 2002.

N3      Consideration per unit: $0.083 - $0.084.