SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 27/05/03  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Xteam Software                 (08178)        * ISC as at 24/03/03 :         588,327,938

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
MA MING FAI GARY         17/03/03 1,3,5,7        208,163,328      249,713,328                                             UPWISE INVESTMENTS LTD         74,821,349                                            N1  N3     

                                                                                                                          PRINCETON VENTURE PARTN-       51,860,472                            
                                                                                                                          ERS LTD                                    


                    * ISC refers to the latest Issued Share Capital of the listed company recorded by the Exchange as at the date of this summaries.  It might not promptly reflect 
                      changes caused by share placements, rights issue, bonus issue, etc.  Readers should exercise caution when using these figures.

                                                                                               *****  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.