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Yau Lee Holdings Limited

Summary of Contracts

Contracts completed during the year ended 31st March, 1999

                                                             Original
                            Commencement    Completion       contract
                                    date          date          value
                                                           HK$million

Air Mail Centre and
Joint Movements Unit
for Chek Lap Kok Airport          Feb 96        Jun 98            360

Sandwich Class Housing
Scheme Blocks
at Ap Lei Chau                    Dec 95        Jul 98            492

Sandwich Class Housing
at Lung Poon Street               Sep 96        Jan 99            378

Development of
Tong Ming Court
at Tseung Kwan O                  Dec 96        Jan 99            663

Kowloon Medical
Rehabilitation Centre             Jun 97        Feb 99            408
                                                              -------
Total                                                           2,301
                                                              =======

Contracts in progress during the year ended 31st March, 1999

                                                            Estimated
                                                            remaining
                                              Original    works as at
                           Commencement       contract    31st March,
                                   date          value           1999
                                            HK$million     HK$million

Redevelopment of
Homantin South, Phase 1          Oct 96            484             93

Development of
Fanling Area 49A, Phase 1        Sep 97            761            370

Development of
Ma Hang Village, Phase 2         Nov 97            575            231
                                               -------         ------
Sub-total                                        1,820            694
                                               -------         ------

Contracts secured during the year ended 31st March, 1999

                                                            Estimated
                                                            remaining
                                                Original  works as at
                                Commencement    contract  31st March,
                                        date       value         1999
                                              HK$million   HK$million

Regional Term Contract N3 & N4        Apr 98         160           60

Maintenance and Repair Works
at Sha Kok Estate, Shatin             Jun 98          36           13

Design and Construction of
Maintenance Depot at Siu Ho Wan       Oct 98         304          254
in Lantau

Development of
Cheung Sha Wan West Phase 2           Nov 98         752          731

Development of
Cheung Sha Wan West Phase 1           Dec 98         804          777

Development at Po Lam Road            Jan 99         860          841

Tuen Mun Polyclinic at Tuen Mun
Hospital                              Feb 99         366          361

Workshop Conversion and Fitting-out
Works for Implementing the New
Technical Curriculum in Prevocational
and Technical Schools                 Feb 99          57           55
                                                 -------      -------
Sub-total                                          3,339        3,092
                                                 -------      -------
Contracts on hand as at
31st March, 1999                                   5,159        3,786
                                                 =======      =======

Source: Yau Lee Holdings Limited
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