SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 18/07/01  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Excel Tech                     (08048)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 ZEE CHAN MEI CHU PEGGY                ORD                    EXCEL TECHNOLOGY INTERNATIONAL-  13/07/01      576,521,544     579,512,044  D         0.000   N1         
                                                               HOLDINGS LIMITED             

 STOCK NAME : Town Health                    (08138)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 CHAN WING LOK BRIAN                   ORD                    TOWN HEALTH INTERNATIONAL HOLD-  12/07/01      180,475,846     152,475,846  A         0.570   N2         
                                                              INGS COMPANY LIMITED          

 CHO KAM LUK                           ORD                    TOWN HEALTH INTERNATIONAL HOLD-  12/07/01      180,475,846     152,475,846  A         0.570   N2         
                                                              INGS COMPANY LIMITED          

 CHO KWAI CHEE                         ORD                    TOWN HEALTH INTERNATIONAL HOLD-  12/07/01      180,475,846     152,475,846  A         0.570   N2         
                                                              INGS COMPANY LIMITED          

 CHIK FU FAI                           ORD                    TOWN HEALTH INTERNATIONAL HOLD-  12/07/01      180,475,846     152,475,846  A         0.570   N2         
                                                              INGS COMPANY LIMITED          

 CHENG CHOR HO                         ORD                    TOWN HEALTH INTERNATIONAL HOLD-  12/07/01      180,475,846     152,475,846  A         0.570   N2         
                                                              INGS COMPANY LIMITED          

 FUNG YIU TONG BENNET                  ORD                    TOWN HEALTH INTERNATIONAL HOLD-  12/07/01      180,475,846     152,475,846  A         0.570   N2         
                                                              INGS COMPANY LIMITED          

 LEUNG CHI SANG                        ORD                    TOWN HEALTH INTERNATIONAL HOLD-  12/07/01      180,475,846     152,475,846  A         0.570   N2         
                                                              INGS COMPANY LIMITED          

                                                                     *****  END OF REPORT  *****
Notes:        


N1     2,990,500 shares transferred to employees pursuant to the Share Option
       Scheme at HK$0.0138 per share.

N2     Please refer to the Company's announcement of 29 June 2001.