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Ultraframe PLC (UTF)

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Tuesday 21 March, 2000

Ultraframe PLC

Directors' Dealings

Ultraframe PLC
21 March 2000


Ultraframe Plc 
Director's interest in shares

Ultraframe Plc ('Ultraframe') has established a Qualifying Share Trust
('QUEST') to facilitate the funding of existing and future commitments under
its SAYE Option scheme.  The Trust is administered by a Corporate Trustee,
Ultraframe QUEST Trustee Limited, which is a wholly owned subsidiary of
Ultraframe Plc.  Mr JM Henry, Finance Director and Company Secretary of
Ultraframe Plc is one of the three directors of the Trustee company and
therefore has a non-beneficial interest in any shares held by the Trust.  

On 17 March 2000, Ultraframe QUEST Trustee Limited subscribed for 461, 626 new
ordinary shares in Ultraframe Plc at £5.585.  These shares have now been
allotted and will be held by the Trustee pending the first exercise date for
SAYE options in September 2001.  An application will be made for these shares
to be listed.  The allotted called up and fully paid share capital following
the above allotment is 93,235,700 ordinary shares of 25 pence each.