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Universal Salvage (UVS)

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Monday 13 March, 2006

Universal Salvage

Trading Statement

Universal Salvage PLC
13 March 2006


                             UNIVERSAL SALVAGE PLC


                        Contract Win and Trading Update


Universal Salvage plc ('Universal'), the vehicle salvage and auction services
group, is pleased to announce the award of a salvage contract from Highway
Insurance Holdings Plc ('Highway Insurance'). Following a tender process,
Universal has been appointed as one of two salvage service providers to Highway
Insurance and will be handling an estimated 5,000 vehicles per annum. The
contract will commence on 1st May 2006.

Universal is also pleased to report that trading since Christmas has exceeded
expectations, with both salvage volumes and prices showing a better than
expected performance. The Directors therefore anticipate that the group will
report a result that will be close to a pre-exceptional breakeven position
before tax for the year ended 29th April 2006.



ENDS


Enquiries:

Universal Salvage plc                     T: 01234 762 283
Avril Palmer-Baunack, Chief Executive
Andrew Somerville, Finance Director

Biddicks                                  T: 020 7448 1000
Katie Tzouliadis





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