SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 19/12/02  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Universal Tech                 (08091)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration       Note
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------  -----------
 LAU SIK SUEN                           G  ORD              UNIVERSAL TECHNOLOGIES HOLDING-         7,840,000    260402-250412        0.084                1             
                                                            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.