Substantial Shareholder's Notifications Report

Securities (Disclosure of Interests) Daily Summaries

SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES PRINTED: 03/01/00 PAGE: 1
SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME : Chinese Est H (0127) * ISC as at 30/12/99 : 2,091,768,935

Name of Sub. Shareholder Date Reason Present Bal. Previous Bal. Share Jointly Held Corporate Interest Family Interest
------------------------ -------- ---------- --------------- --------------- ----------------------------------------- ----------------------------------------- -----------------------------------------
LAU LUEN HUNG JOSEPH 28/12/99 1,3,7 1,059,007,868 1,114,990,756 N1

STOCK NAME : Hsin Chong Construction (0404) * ISC as at 30/12/99 : 669,991,591

Name of Sub. Shareholder Date Reason Present Bal. Previous Bal. Share Jointly Held Corporate Interest Family Interest
------------------------ -------- ---------- --------------- --------------- ----------------------------------------- ----------------------------------------- -----------------------------------------
YEH MEOU TSEN GEOFFREY 21/12/99 1,6,7 185,215,234 185,105,234 HSIN CHONG INT'L HOLDIN- 183,130,508 YEH ZUNG SING HELEN 46,726
GS LTD

STOCK NAME : Hung Fung Group (1141) * ISC as at 30/12/99 : 225,110,800

Name of Sub. Shareholder Date Reason Present Bal. Previous Bal. Share Jointly Held Corporate Interest Family Interest
------------------------ -------- ---------- --------------- --------------- ----------------------------------------- ----------------------------------------- -----------------------------------------
WONG KIN CHING 23/12/99 1,3,4 153,082,000 151,582,000 BAXTER RESOURCES S.A. 153,482,000

STOCK NAME : Mansion Holdings (0547) * ISC as at 30/12/99 : 2,702,539,986

Name of Sub. Shareholder Date Reason Present Bal. Previous Bal. Share Jointly Held Corporate Interest Family Interest
------------------------ -------- ---------- --------------- --------------- ----------------------------------------- ----------------------------------------- -----------------------------------------
SEARCH INVESTMENT OFFIC- 29/12/99 1,3,4,5,6 1,043,315,257 1,136,417,581 SEARCH MEZZANINE INV LT- 1,048,315,257
E LIMITED D

SEARCH MEZZANINE INVEST- 29/12/99 1,3,4,5,6 1,048,315,257 1,136,417,581 SEARCH PACIFIC LTD 1,048,315,257
MENT LIMITED

* 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.
SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES PRINTED: 03/01/00 PAGE: 2
SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME : Manulife (0945) * ISC as at 30/12/99 : 499,425,125

STOCK NAME : Pac Challenge (0166) * ISC as at 30/12/99 : 238,880,000

Name of Sub. Shareholder Date Reason Present Bal. Previous Bal. Share Jointly Held Corporate Interest Family Interest
------------------------ -------- ---------- --------------- --------------- ----------------------------------------- ----------------------------------------- -----------------------------------------
LUI YEE MAN BRENDA 09/11/99 1,5 N2 37,956,000 38,196,000 CHEERWAY INV LTD 37,956,000

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

NOTES:

N1 55,982,888 shares of Chinese Estates Holdings Ltd were transferred
from Mr. Joseph Lau Luen-hung to his mother, Ip Sok Wun by way of
gift.

N2 Total consideration : 240,000 shares in Pacific Challenge Holdings Ltd
in exchange for 2 "B" shares in Roseville Consultant.

N3 5,089,353 units of 2000 warrants were transferred from Mr. Joseph Lau,
Luen-hung to his mother, Ip Sok Wun by way of gift on 28/12/99.

N4 Exercise of share option

N5 SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES
SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

Stock Name: Manulife Financial Corporation (stock code: 945)
*ISC as at 30/12/99 : 499,425,125

The Securities and Futures Commission has granted Manulife Financial
Corporation ("MFC") a partial exemption from compliance with the
Securities (Disclosure of Interests) Ordinance pursuant to guidelines
published under section 2A of the Ordinance. Under the partial
exemption, MFC is not required to prepare registers, maintain records
or file, and MFC's corporate insiders are not required to file, with
Hong Kong regulatory authorities disclosure of interest reports
pursuant to the Ordinance on the condition that MFC will file with
the SEHK disclosures of interests made in Canada and the U.S. where
it maintains primary listings.

1. Under Canadian law, 10% shareholders of MFC have to file reports to
the Ontario Securities Commission ("OSC"). Reports made by 10%
shareholders, if any, can be found in OSC website www.sedar.com.
MFC has agreed to monitor the OSC Weekly Bulletin and Insider Early
Warning Report Press Releases every two weeks and if any reports by
or concerning 10% shareholders and filed, MFC will provide a hard
copy to the SEHK for inspection by the Hong Kong public. So far,
the SEHK has not received any such reports from MFC.

2. Under U.S. law, 5% shareholders of MFC have to file reports to the
U.S. Securities and Exchange Commission ("SEC") pursuant to Schedule
13G/13D of the Securities and Exchange Act 1934 of the United States.
Up-to-date reports made by 5% shareholders, if any, can be found in
SEC website at www.sec.gov. MFC has agreed to monitor the SEC
website every two weeks and if any reports on 5% shareholders are
filed, MFC will provide a hard copy to the SEHK for inspection by
the Hong Kong public. So far, the SEHK has not received any such
reports from MFC.

3. Hard copies of filings or reports provided by MFC under paragraphs 1
and 2 above (if any) are available for inspection at the SEHK's
office at UG/F, V-Heun Building, 128-140 Queen's Road Central,
Hong Kong, and upon request in writing to MFC at MFC's office at
Manulife Plaza, The Lee Gardens, 48th Floor, 33 Hysan Avenue,
Causeway Bay, Hong Kong. For enquiries or arrangements regarding
inspection at the SEHK please contact the SEHK SDI Unit (Miss Chin
(2840-3707) or Miss Tsui (2840-3769)).

N6 SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES
DIRECTORS' AND CHIEF EXECUTIVES' NOTIFICATIONS REPORT

Stock Name: Manulife Financial Corporation (stock code: 945)
*ISC as at 30/12/99 : 499,425,125

1. Under Canadian law, "insiders" including directors of MFC have
to file reports to the Ontario Securities Commission ("OSC")
in Form 55 pursuant to the Ontario Securities Act. MFC has agreed
to provide Forms 55 filed by MFC in Canada to the SEHK at the same
time as they are filed in Canada. No Form 55 filings have been
made by MFC today.

2. MFC is presently a "foreign private issuer" under U.S. law. As
such, no directors of MFC are required to make any disclosure of
interests filings under the Securities Exchange Act 1934 of the
United States.