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Universal Salvage (UVS)

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Monday 20 February, 2006

Universal Salvage

Notification of Change in Issued Share Capital





20th February 2006




                              UNIVERSAL SALVAGE PLC


                 Notification of Change in Issued Share Capital






The Board of Universal Salvage plc (the "Company") announces that, following the
exercise of 164,406 share options in the Universal Salvage SAYE Share Option
Scheme on 20th February 2006, the issued share capital of the Company has
increased to 28,422,504 ordinary shares of 10 pence each.





Enquiries:  Anne Thomas, Universal Salvage plc.  Telephone:  01234 762244