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Universal Salvage (UVS)

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Monday 07 March, 2005

Universal Salvage

Trading Statement

Universal Salvage PLC
07 March 2005



                             UNIVERSAL SALVAGE PLC

                                 Trading Update

Universal Salvage plc is pleased to announce that the pre-tax loss for the year
ended 30 April 2005 is expected to be at the lower end of the range of market
expectations.

The anticipated improvement in the results for the year is due to a combination
of a higher level of cost savings in advance of our plan and a slight
improvement in gross margin. This follows the actions taken earlier in the
financial year and referred to in the Interim Results Statement in December
2004.

Following the disposal of surplus properties, the group's net debt is expected
to be around £6 million at the end of the financial year.

Enquiries:

Universal Salvage plc

Nigel Sandy, Chief Executive                 01234 762283

Biddicks

Katie Tzouliadis                             020 7448 1000




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