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Universal Salvage (UVS)

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Friday 27 February, 2004

Universal Salvage

Board change

Universal Salvage PLC
27 February 2004

                             UNIVERSAL SALVAGE PLC
                             ('Universal Salvage')

                                  BOARD CHANGE

The appointment of Nigel Sandy as Chief Executive has been brought forward by
one month to 1 March 2004.  The Board of Universal Salvage would like to thank
Martin Hynes for his contribution to the Company over the last six years.  He
will remain on the Board as a Non-Executive Director until the 30 June 2004 in
order to provide continuity as the business is restructured under Nigel Sandy's


Universal Salvage plc                  Tel: 01234 762283
Nigel Sandy
Martin Hynes

Biddicks                               Tel: 020 7448 1000
Katie Tzouliadis

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