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Universal Salvage (UVS)

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Friday 19 January, 2001

Universal Salvage

Holding in Company

Universal Salvage PLC
19 January 2001

COMPANIES ACT 1985
DISCLOSURE OF INTERESTS IN SHARES

Universal Salvage plc (the 'Company') received a notification dated 16 January
2001 under Companies Act 1985 (as amended) (the 'Act') from M&G Investment
Management Limited that Prudential plc and all of its subsidiary companies no
longer have a notifiable interest in the issued share capital of Universal
Salvage plc