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Universal Salvage (UVS)

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Tuesday 05 December, 2006

Universal Salvage

Director/PDMR Shareholding

UVS.L
5th December 2006

                              UNIVERSAL SALVAGE PLC

               NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS
           DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

1.  Name of the issuer

    UNIVERSAL SALVAGE plc
2.  State whether the notification relates to (i) a
    transaction notified in accordance with
    DR3.1.4R(1)(a); or
    (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance
    with section 324 (as extended by section 328) of the
    Companies Act 1985; or
    (iii) both (i) and (ii)

    DR3.1.4R(1)(a)

3.  Name of person discharging managerial
    responsibilities/director

    ANDREW SOMERVILLE
    GROUP FINANCE DIRECTOR
4.  State whether notification relates to a person
    connected with a person discharging managerial
    responsibilities/director named in 3 and identify the
    connected person

    n/a
5.  Indicate whether the notification is in respect of a
    holding of the person referred to in 3 or 4 above or
    in respect of a non-beneficial interest 1
    n/a
6.  Description of shares (including class),
    debentures or derivatives or financial instruments
    relating to shares
    n/a
7.  Name of registered shareholders(s) and, if more than
    one, the number of shares held by each of them
    n/a
8   State the nature of the transaction

    RENUNCIATION OF SHARE OPTIONS WHERE PERFORMANCE
    CRITERIA CANNOT BE MET

9.  Number of shares, debentures or financial instruments
    relating to shares acquired n/a
10. Percentage of issued class acquired (treasury shares
    of that class should not be taken into account when
    calculating percentage)
    n/a
11. Number of shares, debentures or financial instruments
    relating to shares disposed
    n/a
12. Percentage of issued class disposed (treasury shares
    of that class should not be taken into account when
    calculating percentage)
    n/a
13. Price per share or value of transaction n/a
14. Date and place of transaction

    n/a
15. Total holding following notification and total
    percentage holding following notification (any
    treasury shares should not be taken into account when
    calculating percentage) n/a
16. Date issuer informed of transaction
    n/a

17.  Date of grant

    9TH APRIL 2003
18. Period during which or date on which it can be
    exercised
    9.4.2006 - 8.4.2013
19. Total amount paid (if any) for grant of the option

    NIL
20. Description of shares or debentures involved (class
    and number)

    29,702     ORDINARY 10P SHARES
21. Exercise price (if fixed at time of grant) or
    indication that price is to be fixed at the time of
    exercise

    £1.01
22. Total number of shares or debentures over which
    options held following notification

    70,298
23. Any additional information
24. Name of contact and telephone number for queries

    ANNE LISTER, COMPANY SECRETARY  01234 762244

Name and signature of duly authorised officer of issuer
responsible for making notification
ANNE LISTER
__________________________________________________________
Date of notification 5TH DECEMBER 2006