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Universal Salvage (UVS)

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Wednesday 29 March, 2000

Universal Salvage

WestLB Panmure Appointed as FA and Stockbroker

Universal Salvage PLC
29 March 2000

Universal Salvage plc (the 'Company')

The Company announces the appointment of WestLB Panmure Limited as its
financial advisor and stockbroker with immediate effect.


Martin Hynes, Universal Salvage plc:        01234 762225
Rupert Krefting, WestLB Panmure Limited:    0207 6384010