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Universal Salvage (UVS)

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Monday 30 September, 2002

Universal Salvage

Disclosure of Interests in Shares


Universal Salvage plc ("the Company") has received notification from
USS, Universities Superannuation Scheme Limited, that following a recent
purchase of 200,000 shares in the Company, the notifiable interest held
by Universities Superannuation Scheme Limited has increased to 1,259,000
shares representing 4.48% of the issued share capital of the Company
which stands at 28,074,880 ordinary shares of 10p each.

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