Directors'/Chief Executives' Notifications Report - B (Grants, Assignments and Exercises of Rights)

Securities (Disclosure of Interests) Daily Summaries

SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - PRINTED: 21/01/02 PAGE: 1
DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
(GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

STOCK NAME : Telecom Plus (01013)

Director/Chief Executive G/E Class Company Name Quantity Exercise Period Ex. Price Consideration Note
------------------------------------ --- --------------- ------------------------------- ------------------ --------------- ---------- --------------- -----------
ZOU YISHANG G ORD TELECOM PLUS HOLDINGS LIMITED 20,000,000 290801-280811 0.352 1

STOCK NAME : WKK Int'l (Hold) (00532)

Director/Chief Executive G/E Class Company Name Quantity Exercise Period Ex. Price Consideration Note
------------------------------------ --- --------------- ------------------------------- ------------------ --------------- ---------- --------------- -----------
WONG SENTA G ORD WONG'S KONG KING INTERNATIONAL- 2,300,000 250798-240702 0.390 10
(HOLDINGS) LTD.

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

NOTES:

N1 Date of transaction : 14/01/02 - 15/01/02

N2 Appointed as a director of the Company on 16 January 2002.

N3 Date of transaction : 14/01/02 - 17/01/02

N4 The decrease in the shareholding results from resignation as the
trustees of a discretionary trust which owns 138,583,000 shares
indirectly.

N5 138,583,000 shares are beneficially owned by Sum Tai Holdings Ltd
which in turn is wholly owned by Mr. Yip How Yin, Maurice in his
capacity as the trustee of a discretionary trust. The trust was
established for the benefit of Mr. Yip Sum Yin and his family.

N6 Due to Rights Issue and Share Consolidation.

N7 Exercise of share option.

N8 Pacific Century Regional Developments Limited ("PCRD") has on 14
January 2002 entered into a subscription agreement and has completed
on 15 January 2002 the placement of US$100,000,000 of 3% secured
redeemable exchangeable bonds due 2006 to 2007 (the "Bonds").
Each holder of Bonds will have the right at any time prior to
maturity to exchange all or any of the Bonds for shares of the
Company ("PCCW Shares") held by PCRD. The initial exchange price
for the Bonds is the U.S. dollar equivalent of HK$2.50 per PCCW
Share. For more detail, please refer to the Company's announcement
of 17 January 2002.

In connection with the issuance of the Bonds, PCRD has entered into
a securities lending agreement dated 14 January 2002 by which PCRD
transferred and lent 520,000,000 PCCW Shares on 15 January 2002 to
a borrower (the "Borrower"). Pursuant to the securities lending
agreement, voting rights in respect of the PCCW Shares lent by PCRD
to the Borrower will be exercised in accordance with the instructions
of PCRD, provided the rights or position of the Borrower are not
affected as described in the agreement and that the relevant PCCW
Shares are in the possession of the Borrower.

In connection with issuance of the Bonds, PCRD has further entered
into a share charge agreement dated 14 January 2002 in which PCRD
initially assigned and transferred by way of first legal mortgage
21,569,000 PCCW Shares on 15 January 2002 to a security trustee for
and on behalf of the holders of the Bonds. Pursuant to the share
charge agreement, voting rights in respect of the PCCW Shares assigned
and transferred to the security trustee will be exercised in
accordance with the instructions of PCRD, provided that the rights
or position of the Borrower are not affected as described in
the agreement.

N9 SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES
SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

Stock Name: Manulife Financial Corporation (stock code: 945)
*ISC as at 17/01/02 : 482,321,489

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 11/F., One International Finance Centre, 1 Harbour View
Street, 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 arrange-
ments regarding inspection at the SEHK please contact the SEHK
SDI Unit (Mr. Chan (2840-3707) or Miss Tsui (2840-3769)).

* 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.

N10 SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES
DIRECTORS' AND CHIEF EXECUTIVES' NOTIFICATIONS REPORT

Stock Name: Manulife Financial Corporation (stock code: 945)
*ISC as at 17/01/02 : 482,321,489

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. 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.

* 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.