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Ultraframe PLC (UTF)

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Thursday 16 January, 2003

Ultraframe PLC

Holding(s) in Company

Ultraframe PLC
16 January 2003


Amendment #12

NOTIFICATIONS UNDER SECTIONS 198 TO 202 -- UK COMPANIES ACT

1. Company in which shares are held:        Ultraframe Plc.

2. Notifiable Interest:                     Ordinary Shares

     A     FMR Corp
           82 Devonshire Street
           Boston, MA 02109

           Parent holding company of Fidelity Management & Research Company 
           (FMRCO), investment manager for US mutual funds, and Fidelity    
           Management Trust Company (FMTC), a US state chartered bank which acts 
           as a trustee or investment manager of various pension and trust
           accounts. (See Schedule A for listing of Registered Shareholders 
           and their holdings.)

     B     Fidelity International Limited (FIL)
           P.O. BOX HM 670
           Hamilton HMCX, Bermuda

           Parent holding company for various direct and indirect subsidiaries,
           including Fidelity Investment Services Ltd. (FISL) and Fidelity 
           Pension Management (FPM), investment managers for various non-US 
           investment companies and institutional clients. (See Schedule A for 
           listing of Registered Shareholders and their holdings).

3.     The notifiable interests also comprise the notifiable interest of:

           Mr. Edward C. Johnson 3d
           82 Devonshire Street
           Boston, MA 02109

           A principal shareholder of FMR Corp. and Fidelity International 
           Limited.

4.     The notifiable interests include interest held on behalf of authorized
       unit trust schemes in the U.K. notwithstanding the exemption from 
       reporting pursuant to Section 209 (1)(h) of the Companies Act 1985.

5.     These notifications of disclosable interests constitute separate
       notifications of interest in the shares and are combined solely for 
       the purposes of clarity. Nothing herein should be taken to indicate 
       that FMR Corp. and its direct and indirect subsidiaries, 
       Fidelity International Limited and its direct and indirect subsidiaries
       or Mr. Edward C. Johnson 3d act as a group or in concert in respect of 
       the disclosed interests, or that they are required to submit these 
       notifications on a joint basis.

6.     The disclosable interests arise under section 208(4)(b) of the Act,
       namely where a person, not being the registered holder, is entitled
       to exercise a right conferred by the holding of the shares or to 
       control the exercise of such rights, or under section 203 of the Act
       respectively.




SCHEDULE A

SECURITY: Ultraframe Plc                                  Amendment # 12


                                    MANAGEMENT 
                      SHARES HELD    COMPANY     NOMINEE/REGISTERED NAME             
(Ordinary Shares)   
                          61,287     FMRCO       State Street Nominees Limited
                         943,213     FMRCO       Chase Nominees Limited
                               0     FMRCO       Mellon Bank
                           9,200     FMTC        Brown Brothers Harriman
                          16,900     FMTC        State Street Nominees Ltd
                         519,688     FISL        Chase Nominees Ltd
                         787,139     FISL        Chase Manhattan Bank London
                         107,400     FPM         Bank of New York Europe
                         171,800     FPM         Bankers Trust
                         126,400     FPM         Citibank
                       1,510,449     FIL         MSS Nominees Ltd
                          44,700     FIL         Bank Of New York-Brussels
                         389,033     FIL         Nortrust Nominees Ltd
                         145,800     FIL         Chase Nominees Ltd
                         300,533     FIL         RBS Trust Bank
                         243,913     FIL         Morgan Stanley
                         135,610     FIL         Bankers Trust
                         488,371     FIL         Northern Trust
                         563,700     FIL         Bank of New York London
                         159,800     FIL         Citibank
                         369,583     FIL         JP Morgan
                         160,160     FIL         HSBC Client Holdings Nominee 
                                                  (UK) Limited
                         175,934     FIL         State Street Nominees Ltd
                         242,912     FIL         Chase Manhattan Bank London
                          93,000     FIL         State Street Bank & Trust
   
                     

TOTAL ORDINARY SHARES: 7,766,525

CURRENT OWNERSHIP 
PERCENTAGE:                 7.98%

SHARES IN ISSUE:      97,316,890

CHANGE IN HOLDINGS 
SINCE LAST FILING:       (52,861) ORDINARY SHARES



                      This information is provided by RNS
            The company news service from the London Stock Exchange