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Universal Salvage (UVS)

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Friday 26 April, 2002

Universal Salvage

Director Shareholding

Universal Salvage PLC
26 April 2002


                      Notification of Director's Interest

The Board of Universal Salvage plc (the 'Company') has been notified that
Mr. Alexander N. Foster, non-executive Chairman of the Company, has today
acquired 15,000 ordinary shares of 10p at £2.00 per share.

Following this purchase, his resultant holding, of which 14,500 are
non-beneficially held, is 132,500 ordinary shares of 10p representing 0.47% of
the Company's issued share capital.

Enquiries:                    Anne Thomas
                              Universal Salvage plc       01234 762225

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