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Ultraframe PLC (UTF)

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Wednesday 02 May, 2001

Ultraframe PLC

Holding in Company

Ultraframe PLC
1 May 2001


LETTER TO: ULTRAFRAME PLC

Ultraframe Ord GBP0.25 shares

In terms of Part V of the Companies Act 1989, Section 134, I have to inform you
that on 30/04/01, Standard Life Investments sold 500,000 shares on behalf of
Standard Life Group, this decreased the total held as a material interest to
3,327,287 shares being 3.569% of the issued stock of that class.

          No. of shares held               Registered Name

             3,327,287                Stanlife Nominees Limited


LETTER FROM: STANDARD LIFE INVESTMENTS