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Universal Salvage (UVS)

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Thursday 13 September, 2001

Universal Salvage

Director Shareholding

Universal Salvage PLC
13 September 2001


For Immediate Release                         13 September 2001



                            Universal Salvage plc


                     Notification of Director's Interests


The Board of Universal Salvage plc (the 'Company') has been notified today
that the wife of Mr Martin Hynes, Mrs Asmita Hynes, sold 100,000 Ordinary
shares of the Company from her holding on 13 September 2001 at 480 pence per
share. In addition, Mr Barrie Hobbs sold 15,000 Ordinary shares of the Company
on 13 September 2001 at 480 pence per share.

Mr Hynes resultant beneficial holding is 132,500 Ordinary shares representing
0.5% of the issued share capital of the Company, and Mr Hobbs resultant
beneficial holding is 10,000 Ordinary shares representing 0.04% of the issued
share capital of the Company, which currently stands at 27,545,521 Ordinary
shares.




Enquiries:

Anne Thomas, Universal Salvage plc          Tel: 01234 762244