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Universe Grp. (UNG)

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Wednesday 19 January, 2005

Universe Grp.

Result of Scrip Dividend

Universe Group PLC
19 January 2005


                       UNIVERSE GROUP PLC (the 'Company')

                    Result of the Scrip Dividend alternative

                            Director share dealings


Universe Group plc, the retail and information systems company, today announced
that under the Company's Scrip Dividend Scheme shareholders representing 24.8%
of the ordinary shares elected to receive shares in lieu of cash in respect of
all or part of the Interim Dividend for the six months to 30 June 2004, which
was paid today, 19 January 2005.  Under the terms of the Scrip Dividend electing
shareholders receive new ordinary shares of 5p each ('New Ordinary Shares') at
an effective price of 19 pence per share in lieu of the interim dividend of 0.25
pence per share.

As a result, a total 198,922 New Ordinary Shares have been issued and allotted.
Application will be made for the New Ordinary Shares to be admitted to trading
on the AIM and dealings are expected to commence on 25 January 2005.

Each of the Directors elected to receive the Scrip Dividend alternative as
follows:

                             Previous       Scrip       Current     Percentage

Ray Mackie                  6,859,403      90,255     6,949,658         11.35%
Barrie Brinkman               840,017      11,052       851,069          1.39%
Catherine Wines               166,942        2194       169,136          0.28%
Eddie Paul                     38,993         512        39,505          0.06%
Adrian Grinsell                37,751         394        38,145          0.06%
Keith Buchanan                 37,474         493        37,967          0.06%


For further information:

Universe Group plc  023 8068 9510
Ray Mackie, Group Chief Executive

Charles Stanley & Co Limited      020 7739 8200
Russell Cook


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