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Ultraframe PLC (UTF)

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Wednesday 14 July, 2004

Ultraframe PLC

Holding(s) in Company

Ultraframe PLC
14 July 2004


LETTER TO:  ULTRAFRAME PLC
            13 July 2004

Further to our letter of 07 July, 2004, 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 15.95%. The total interest is in 15,533,954
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.

From:  Deutsche Bank AG London

SCHEDULE

                                    ULTRAFRAME PLC
                                  ORDINARY £0.25 SHARES

Held as Principal                                                   No of Shares

Deutsche Bank AG London                                                  198,843

Held in Customer Portfolios

Morgan Nominees                                                          557,656

Bank Of New York Nominees                                                506,000

Chase Nominees                                                         4,031,328

Clydesdale Bank Custodian Nominees                                        55,310

HSBC Global Custody Noms (UK) Ltd                                      1,081,531

Nortrust Nominees                                                      1,426,666

State Street Nominees                                                  7,676,620

                      Total                                           15,533,954


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