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Universal Salvage (UVS)

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Tuesday 05 October, 2004

Universal Salvage

Disposal

Universal Salvage PLC
05 October 2004





5 October, 2004


                             UNIVERSAL SALVAGE PLC

                      DISPOSAL OF NON-CORE PROPERTY ASSETS

In line with the announcement made at the Group's Annual General Meeting on 29
September 2004, Universal Salvage is pleased to announce that it has exchanged
contracts for the sale of surplus land and property adjacent to its site at
Sandy in Bedfordshire. The sale of these assets will realise £1.075m.

This sale is part of an ongoing programme to dispose of certain non-core
property assets with the proceeds being utilised to reduce the Company's debt.

ENDS



Enquiries:

Universal Salvage plc                              Tel: 01234 762283
Nigel Sandy, Chief Executive
Andy Somerville, Finance Director

Biddicks
Katie Tzouliadis                                   Tel: 020 7448 1000




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