SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 30/07/99  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Chinney Alli                   (0385)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 LAM KIN HING KENNETH                   G  OPT              CHINNEY ALLIANCE GROUP LTD                800,000    020694-010604        0.780                1

                                        G  OPT              CHINNEY ALLIANCE GROUP LTD                400,000    020694-010604        0.780                0

                                        G  OPT              CHINNEY ALLIANCE GROUP LTD                800,000    080196-070106        0.780                1

                                        G  OPT              CHINNEY ALLIANCE GROUP LTD                400,000    080196-070106        0.780                0

                                        G  ORD              CHINNEY ALLIANCE GROUP LTD             10,000,000    210799-200709        0.070                1

 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  ORD              FIRST SHANGHAI INVESTMENTS LIM-         2,053,700    140197-130706        0.318                1
                                                            ITED                          

                                        E  ORD              FIRST SHANGHAI INVESTMENTS LIM-           720,000           -              -                   0
                                                            ITED                          

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


Notes:


N1    Please refer to the Company's announcement of 27 July, 1999.

N2    Revised

N3    Breakdown of the change of Mr. Ng Teng Fong's interests in
      Sino Land Company Limited:

      a. 19,112,760 shares were received by way of 1998/99 interim
         scrip dividend

      b. 61,000 shares were transferred.

N4    Breakdown of the change of Mr. Ng Teng Fong's interests in
      Tsim Sha Tsui Properties Limited:

      a. 9,095,820 shares were received by way of 1998/99 interim
         scrip dividend.

      b. 50,000 shares were disposed.

N5    Acquisitions were made on 23/07/99 and 26/07/99 at prices
      ranging from $2.00 to $2.125 per share.

N6    Amendment to the publication on 27/07/99