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Universe Grp. (UNG)

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Wednesday 06 July, 2005

Universe Grp.

Result of Scrip Alternative

Universe Group PLC
06 July 2005



               UNIVERSE GROUP PLC ('Universe ' or the 'Company')



           Result of the scrip alternative and director shareholdings



Universe, the retail and information systems company, today announced that under
the Company's Scrip Dividend Scheme shareholders representing 25.1% of the
ordinary shares elected to receive shares in lieu of cash in respect of all or
part of the Final Dividend for the year to 31 December 2004, which was paid on 6
July 2004.  Under the terms of the Scrip Dividend electing shareholders receive
new ordinary shares of 5p each ('New Ordinary Shares') at an effective price of
18.1 pence per share in lieu of the final dividend of 0.5 pence per share.



As a result, a total 423,655 New Ordinary Shares have been allotted.
Application has been made for the New Ordinary Shares to be admitted to trading
on the Alternative Investment Market and dealings are expected to commence on 8
July 2005.



Each of the Directors elected to receive the Scrip Dividend alternative in
respect of their entire shareholdings.  As a result the Directors' shareholdings
are:


                                           Previous         Scrip             Current          Percentage

Ray Mackie                                6,974,658       192,669           7,167,327              11.62%
Barrie Brinkman                             851,069        23,510             874,579               1.42%
Catherine Wines                             214,136         5,915             220,051               0.36%
Adrian Grinsell                              58,145         1,606              59,751               0.10%

Eddie Paul                                   39,505         1,090              40,595               0.07%
Keith Buchanan                               37,967         1,048              39,015               0.06%





For further information:



Universe Group plc:                        020 7287 0888

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