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Ultraframe PLC (UTF)

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Friday 09 January, 2004

Ultraframe PLC

Holding(s) in Company

Ultraframe PLC
9 January 2004

Letter to Ultraframe Plc

Further to our letter of 2 December, 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 19.27%. The total interest is in 18,763,667
shares registered in the names and in the amounts as set out in the attached

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 9 discretionary

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

Letter from
Deutsche Bank AG

                                  ULTRAFRAME  PLC 
                               ORDINARY £0.25 SHARES

Held as Principal                                   No of Shares   
Deutsche Bank AG London                                13,371
Deutsche Bank AG Frankfurt                              7,994

Held in Customer Portfolios
Morgan Nominees                                     2,401,896
Morgan Nominees CHY                                    13,200
Bank Of New York Nominees                             506,000
Chase Nominees                                      4,887,893
Clydesdale Bank, Custodian Nominees                    37,900
HSBC Global Custody Moms (UK) Ltd                     243,140
Nortrust Nominees                                   1,334,093
State Street Nominees                               9,318,180
Total                                              18,763,667

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