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Universe Grp. (UNG)

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Monday 16 January, 2006

Universe Grp.

Scrip Dividend

Universe Group PLC
16 January 2006

                                                                 16 JANUARY 2006

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

           Result of the scrip alternative and Director shareholdings

Universe, the retail and information systems company, today announces that,
under the Company's Scrip Dividend Scheme, shareholders representing 25.3% of
the ordinary shares have 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 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 18.9 pence
per share in lieu of the interim dividend of 0.25 pence per share.

As a result, a total 205,232 New Ordinary Shares have been allotted. Application
has been made for the New Ordinary Shares to be admitted to trading on AIM and
dealings are expected to commence on 19 January 2006.

The following Directors elected to receive the Scrip Dividend alternative in
respect of their entire shareholdings and as a result their shareholdings are:

                  Previous        Scrip          Current             Percentage

Ray Mackie        8,417,327       95,070         8,512,397               13.48%
Barrie Brinkman     874,579       11,568           886,147                1.40%
Catherine Wines     240,051        3,174           243,225                0.39%
Adrian Grinsell      59,751          790            60,541                0.10%
Eddie Paul           50,595          668            51,263                0.08%
Keith Buchanan       39,015          516            39,531                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

Bishopsgate Communications Ltd.                                    020 7430 1600
Dominic Barretto
Fran Read

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