SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 27/05/03  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Xteam Software                 (08178)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration       Note
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------  -----------
 MA MING FAI GARY                       G  ORD              XTEAM SOFTWARE INTERNATIONAL L-        50,000,000                         0.267                1             
                                                            IMITED                        

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


NOTES


N1      Revised

N2      Consideration per unit $0.25 - $0.28

N3      On 3, 4 and 6 January 2003, Upwise Investments Limited, a company
        incorporated in the British Virgin Islands and the issued shares
        of which are owned by Mr. Ma Gary Ming Fai ("Mr. Ma") has entered
        into five sale and purchase agreements for the disposal of an
        aggregate of 69,550,000 shares (Each a "Share") of HK$0.01 each in
        the Company.  Four of these sale and purchase agreements in relation
        to the disposal of an aggregate of 41,550,000 Shares were
        completed on 17 March 2003.