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Ultraframe PLC (UTF)

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Wednesday 21 November, 2001

Ultraframe PLC

Holding in Company

Ultraframe PLC
21 November 2001

Letter to Ultraframe Plc

Ultraframe Plc Ord GBP0.25 shares

In terms of Part V of the Companies Act 1989, Section 134, I have to inform you 
that on 20/11/01. Standard Life Investments purchased 115,000 shares on behalf 
of Standard Life Group, this increased the total held as a material interest to 
3,971,461 shares being 4.078% of the issued stock of that class.

No of shares held                          Registered Name
    3,971,461                            Stanlife Nominees Limited

Letter from Standard Life Investments