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Universal Salvage (UVS)

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Tuesday 11 March, 2003

Universal Salvage

Director Shareholding

Universal Salvage PLC
11 March 2003

                              UNIVERSAL SALVAGE PLC


Universal Salvage announces that Mr Martin C Hynes, Chief Executive, has
acquired 150,000 ordinary 10 pence shares at £1.00 per share.

Mr Hynes' resultant holding of 310,389 ordinary 10 pence shares is all
beneficially held. This represents 1.1% of the issued share capital of the

Enquiries:              Anne Thomas, Company Secretary
                        Universal Salvage plc 01234 762225

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