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Universal Salvage (UVS)

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Friday 02 February, 2007

Universal Salvage

Holding(s) in Company

                 NOTIFICATION OF INTEREST IN TOTAL VOTING RIGHTS

A form TR-1 containing the following information has been received by the Company.

TR-1 notification of major interests in shares

1. Identity of the issuer or the underlying issuer of
existing shares to which voting rights are attached:

Universal Salvage plc

2. Reason for the notification
Initial holding on implementation of Transparency Directive

3. Full name of person(s) subject to the notification
obligation:
Rathbone Brothers Plc

4. Full name of shareholder(s) (if different from 3):
Rathbone Brothers Plc
Rathbone Investment Management Ltd
Rathbone Unit Trust Management Ltd

5.Date of the transaction (and date on which the threshold
is crossed or reached if different):
20th January 2007

6. Date on which issuer notified:
22nd January 2007

7. Threshold(s) that is/are crossed or reached:
5

8. Notified details:
A: Voting rights attached to shares
Class/type Situation          Resulting situation after the
of shares  previous           triggering transaction
           to the
           Triggering
           transaction

           Number of   Number  Number   Number of      % of voting
           shares      of      of       voting rights  rights
                       voting  shares
                       rights
                               Direct   Direct  Indirect  Direct  Indirect

GB0009198838 1722100   1722100  n/a      n/a    1722100    n/a     6.05%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of       Expiration  Exercise/     Number of voting       % of
financial     date        Conversion    rights that may be     voting
instrument               Period/Date   acquired if the        rights
                                       instrument is
                                       exercised/converted.
n/a           n/a        n/a             n/a                    n/a

Total (A+B)
Number of voting rights           % of voting rights
1722100                           6.05%

9. Chain of controlled undertakings through which the voting
rights and/or the financial instruments are effectively held,
if applicable:
Rathbone Brothers Plc*
Rathbone Investment Management Ltd 0.96%
Rathbone Unit Trust Management Ltd 5.09%
*Rathbone Brothers Plc is the holding company of the
following.

Proxy Voting:
10. Name of the Proxy holder:
n/a

11. Number of voting rights proxy holder will cease to hold:
n/a

12. Date on which proxy holder cease to hold voting rights:
n/a

13. Additional information:
n/a

14. Contact name:
Compliance Department

15. Contact telephone number:
020 739 90000



Enquiries: Judie Howlett, Assistant Company Secretary, 01234 762225