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Universal Salvage (UVS)

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Thursday 28 February, 2002

Universal Salvage

Board change

Universal Salvage PLC
28 February 2002



                             UNIVERSAL SALVAGE PLC

                                  Board Change

The board of Universal Salvage plc announces the resignation today of Barrie
Hobbs, Business Development Director, who is leaving to establish a new business
venture in marketing.

Barrie has contributed significantly to the business since his appointment in
1998 and the board would like to take this opportunity to thank him for his
dedication and hard work.

For further information:

Universal Salvage plc       Martin Hynes, chief executive    Tel: 01234 762283

Biddicks                    Katie Tzouliadis                 Tel: 020 7448 1000





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