SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 21/09/99  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : COA Int'l                      (0508)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 FUNG PAK KWAN                          G  OPT              CHEVALIER (OA) INTERNATIONAL L-         8,300,000    030998-020901        0.338                1
                                                             TD.                          

                                        G  OPT              CHEVALIER INT'L HOLDINGS LTD            8,000,000    030998-020901        0.538                1

                                        E  OPT              CHEVALIER (OA) INTERNATIONAL L-         5,000,000           -              -                   0
                                                            TD.                           

 STOCK NAME : Chevalier Dev                  (0064)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 FUNG PAK KWAN                          G  OPT              CHEVALIER INT'L HOLDINGS LTD            8,000,000    030998-020901        0.538                1

                                        G  OPT              CHEVALIER (OA) INT'L LTD                8,300,000    030998-020901        0.338                1

                                        E  OPT              CHEVALIER (OA) INT'L LTD                5,000,000           -              -                   0

 STOCK NAME : Chevalier Int'l                (0025)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 FUNG PAK KWAN                          G  OPT              CHEVALIER INTERNATIONAL HOLDIN-         8,000,000    030998-020901        0.538                1
                                                            GS LTD.                       

                                        G  OPT              CHEVALIER (OA) INT'L LTD                8,300,000    030998-020901        0.338                1

                                        E  OPT              CHEVALIER (OA) INT'L LTD                5,000,000           -              -                   0
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 21/09/99  PAGE:   2
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : DVB (Holdings)                 (0500)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 WU ZHONG BRUNO                         G  ORD              DVB (HOLDINGS) LIMITED                  2,450,000    010100-311202        2.250                1

 WU BING CHANG                          G  OPT              DVB (HOLDINGS) LIMITED                  3,000,000    010100-311202        2.250                1

 STOCK NAME : Ocean-Land GP                  (0217)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 YUEN WAI                               G  ORD              OCEAN-LAND GROUP LIMITED               22,000,000    160100-150102        0.843                1

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


NOTES:


N1     Efar Trading Company Limited ("Efar"), which was a substantial
       shareholder of Hong Kong Catering Management Limited ("HKCM")
       up to 13 September 1999 (the "Transfer Date") has transferred
       10,739,000 shares of HKCM, representing 3.5% (approx.) of the
       issued share capital to Well-Positioned Corporation ("Well-
       Positioned").

       Further Efar has through its two wholly-owned subsidiaries,
       namely Criton Associates Limited ("Criton") and Jurassic Holdings
       Limited ("Jurassic") transferred 54,000,000 shares of HKCM,
       representing 17.6% (approx.) of the issued share capital to Well-
       Positioned on the Transfer Date.

       After the above transfers on the Transfer Date, Efar, Criton and
       Jurassic have ceased to be substantial shareholders of HKCM and
       the shareholding held by Well-Positioned in HKCM has arisen from
       13.8% (approx.) to 34.9% (approx.) (i.e. from 42,300,000 shares
       to 107,039,000 shares of HKCM).

       Efar and Well-Positioned are now respectively owned by one old and
       one new trust, both have been established for the benefit of the
       family members of Mr. Chan Wai Cheung ("Mr. Chan") and his wife,
       Mrs. Catherine King Chan (both are directors of HKCM).  The above
       transfers of shares represent transfer of interests by an old
       discretionary trust to a new discretionary trust without any change
       in beneficial ownership.

N2     Placing of 150,000,000 shares at HK$1.35 per share.

N3     Due to the acceptance of Voluntary Conditional Offer by Schroders
       for and on behalf of Shangri-La Asia Limited ("SA") to acquire all
       the issued ordinary shares of S$1.00 each in the capital of Shangri-
       La Hotel Limited, Singapore other than those already held by SA.