Securities (Disclosure of Interests) Daily Summaries
 
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 29/07/99  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : C. P. Pokphand                 (0043)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 POONGKUMARN PRASERT                    G  ORD              C. P. POKPHAND CO. LTD.                   501,991    100492-090402        1.640                0

                                        G  ORD              C. P. POKPHAND CO. LTD.                18,479,248    200594-190504        1.752                0

 STOCK NAME : CM Telecom Intl                (0989)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 SHUI MING HUA                          E  OPT              CM TELECOM INTERNATIONAL LTD              250,000           -              -                   0

 HU TIEJUN                              E  OPT              CM TELECOM INTERNATIONAL LTD              250,000           -              -                   0

 STOCK NAME : China Rich Hold                (1191)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 CHENG KIT YIN KELLY                    E  ORD              CHINA RICH HOLDINGS LTD                16,000,000           -              -                   0

 YIP KWONG                              E  ORD              CHINA RICH HOLDINGS LTD                27,000,000           -              -                   0

 STOCK NAME : First Shanghai                 (0227)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 CHOW FU KEE FELIX                      G  OPT              FIRST SHANGHAI INVESTMENTS LIM-         4,479,100    070496-061005        0.453                1
                                                            ITED                          

                                        G  OPT              FIRST SHANGHAI INVESTMENTS LIM-         2,773,700    140197-130706        0.318                1
                                                            ITED                          
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 29/07/99  PAGE:   2
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : First Shanghai                 (0227)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 CHOW FU KEE FELIX                      E  ORD              FIRST SHANGHAI INVESTMENTS LIM-           160,000           -              -                   0
                                                            ITED                          

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


Notes:


N1    Consideration per unit : $0.135 - $0.144

N2    Disposals were made from 22/07/99 to 23/07/99 at prices
      ranging from $0.118 to $0.126 per share.

N3    Acquisitions were made from 23/07/99 to 26/07/99 at prices
      ranging from $1.97 to $2.075 per share.