SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 03/03/03  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Lai Fai Int'l                  (08183)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration       Note
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------  -----------
 LI SHUI                                G  ORD              LAI FAI INTERNATIONAL HOLDINGS-         4,010,000    260204-260206        0.100                1             
                                                             LIMITED                      

 MAK TAK CHEONG EDMUND                  G  ORD              LAI FAI INTERNATIONAL HOLDINGS-           200,000    260204-260206        0.100                1             
                                                             LIMITED                      

 TY SIAO KIAN GEORGE                    G  ORD              LAI FAI INTERNATIONAL HOLDINGS-           500,000    260204-260206        0.100                1             
                                                             LIMITED                      

 CHE KING LUN FRANKLY                   G  ORD              LAI FAI INTERNATIONAL HOLDINGS-           400,000    260204-260206        0.100                1             
                                                             LIMITED                      

 YU KAM KEE LAWRENCE                    G  ORD              LAI FAI INTERNATIONAL HOLDINGS-           500,000    260204-260206        0.100                1             
                                                             LIMITED                      

 YOSHITAKA KITAO                        G  ORD              LAI FAI INTERNATIONAL HOLDINGS-         1,300,000    260204-260206        0.100                1             
                                                             LIMITED                      

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