7 February, 2003
UNIVERSAL SALVAGE PLC
Notification of Change of Substantial Holding
The Board of Universal Salvage plc ("the Company") has today been
notified of the following change to a substantial holding in the
Clifford Sydney Bassett, Esq.
Mr. Bassett purchased 220,000 ordinary 10 pence shares today at £1.00
per share. His resultant beneficial holding is 2,812,192 ordinary shares
representing 10% of the issued share capital of the Company, which
stands at 28,107,547.
Enquiries: Anne Thomas, Universal Salvage plc. Telephone 01234 762225