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Universal Salvage (UVS)

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Wednesday 05 May, 2004

Universal Salvage

Notification of Director's Interest

5th May, 2004

                          UNIVERSAL SALVAGE PLC

                  Notification of Director's Interests

The Board of Universal Salvage plc ("the Company") has been notified
today that following the transfer to Mr Martin C Hynes by his wife Mrs
Asmita Hynes of 80,000 ordinary 10p shares in the Company, his resultant
beneficial holding remains unchanged at 310,389.

This represents 0.01% of the Company's issued share capital.

Enquiries: Anne Thomas, Universal Salvage plc, 01237 766500