Director Share Dealings

Ukrproduct Group Ltd
24 February 2006

24 February 2006



                              Ukrproduct Group Ltd

                                (the "Company")

                               Disposal of Shares



Further to the announcement on 23 February 2006, Crensel Finance Ltd ("Crensel")
and Densim Group Management SA ("Densim") have today each disposed of a further
100,000 ordinary shares of 10p each in the Company ("Ordinary Shares"), each
representing 0.24% of the Company's issued Ordinary Share Capital, at 62.5p per
Ordinary Share.



Crensel and Densim are jointly owned in equal shares by two of the Company's
directors, Messrs Sergey Evlanchik and Alexander Slipchuk.



Following this disposal, Crensel and Densim will each be interested in
14,737,383 Ordinary Shares in the Company, each holding representing
approximately 35.76% of the Company's issued Ordinary Share Capital.



For further information, please contact:


Ukrproduct Group Limited
Sergey Evlanchik, CEO, or                              Tel: [phone]
Dmitry Dragun, CFO

W.H. Ireland Limited
D.W. Youngman                                          Tel: [phone]

Financial Dynamics
Ben Foster / Charles Watenphul                         Tel: [phone]




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