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Ultraframe PLC (UTF)

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Tuesday 02 December, 2003

Ultraframe PLC

Holding(s) in Company

Ultraframe PLC
2 December 2003

Letter to Ultraframe Plc


Further to our letter of 21 October 2003, and in accordance with Sections 198-
202 of the Companies Act 1985, we write on behalf of Deutsche Bank AG, to inform
you that, on the basis that the relevant issued share capital of your company is
97,386,889 ordinary shares, Deutsche Bank AG and its subsidiary companies have a
notifiable interest in the shares of 18.90%. The total interest is in 18,413,950
shares registered in the names and in the amounts as set out in the attached
Schedule.

Companies within the Group acting as Fund Managers hold some of the shares on
behalf of a number of clients whose portfolios are managed on a discretionary
basis.

Deutsche Bank AG is a corporation domiciled in Frankfurt, Germany, of which
Deutsche Bank AG London is a branch.
 

SCHEDULE

                              ULTRAFRAME PLC
                            ORDINARY £0.25 SHARES
     
Held as Principal                                        No of Shares
Deutsche Bank AG London                                      82,297
Deutsche Bank AG Frankfurt                                    7,994

Held in Customer Portfolios
Morgan Nominees                                           2,564,135
Morgan Nominees CHY                                          13,200
Bank Of New York Nominees                                   506,000
Chase Nominees                                            4,294,863
Clydesdale Bank Custodian Nominees                           37,900
HSBC Global Custody Noms (UK) Ltd                           243,140
Nortrust Nominees                                         1,301,093
State Street Nominees                                     9,363,328
     
Total                                                    18,413,950    



Letter from  Deutsche Bank AG London




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