Universal Salvage PLC
4 January 2002
UNIVERSAL SALVAGE PLC
Notification of Director's Interests
The Board of Universal Salvage plc (the 'Company') has been notified today that
Mr. Barrie Hobbs has exercised 75,000 share options in the Universal Salvage plc
1995 Executive Share Option Scheme granted on 24 December 1998 @ 42.5 pence.
In addition, that Mr. Hobbs sold 60,000 option shares @ 478.5 pence on 4 January
Mr. Hobbs' resultant beneficial holding is 25,000 ordinary shares representing
0.09% of the issued share capital of the Company, which currently stands at
27,899,701 ordinary shares of 10 pence each.