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Universal Salvage (UVS)

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Thursday 16 November, 2006

Universal Salvage

Director/PDMR Shareholding



UVS.L
16th November 2006




                              UNIVERSAL SALVAGE PLC


          Notification of Person Discharging Managerial Responsibility


The Board of Universal Salvage plc announces that, following the exercise of
options in the Universal Salvage SAYE Share Option Scheme at the maturity date,
on 15th November 2006 Anne Lister, Company Secretary, was allotted 8,881
ordinary 10p shares. The exercise price was 60p. Following this announcement Mrs
Lister holds a total of 8,881 shares in the Company representing 0.031% of the
issued share capital of the Company.

A total of 16,222 share options in the Universal Salvage SAYE Share Option
Scheme were exercised on 15th November 2006, and as
a result the issued share capital of the Company has increased to 28,485,890
ordinary shares of 10 pence each.


Enquiries:  Avril Palmer-Baunack, Chief Executive
           Anne Lister, Company Secretary,
           Universal Salvage plc.

Telephone:  01234 762244