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Universal Salvage (UVS)

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Monday 03 April, 2000

Universal Salvage

Notification of Change in Issued Share Capital

Universal Salvage PLC
31 March 2000

UNIVERSAL SALVAGE plc

Notification of Change in Issued Share Capital

The Board of Universal Salvage plc (the 'Company') announces that following
employees exercising 1785 SAYE Share Options following maturity of the Scheme on
9 March 2000 the issued share capital of the Company as at 22 March 2000 was
26,908,232 Ordinary Shares of 10 pence each.


Enquiries:      Anne Thomas
                Universal Salvage plc   01234 762225