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Universal Salvage (UVS)

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Friday 09 March, 2007

Universal Salvage

Holding(s) in Company

 UVS.L

                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 notification of shareholding under Transparency
Directive

3. Full name of person(s) subject to the notification
obligation:
Barclays PLC

4. Full name of shareholder(s) (if different from 3).
Barclays Bank PLC
Barclays Global Investors Ltd
Barclays Life Assurance Co Ltd
Barclays Stockbrokers Ltd

5. Date of the transaction (and date on which the threshold
is crossed or reached if different)
05-Mar-07

6. Date on which issuer notified:
07-Mar-07

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

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 Indirect  Direct  Indirect
GB0009198838 1,922,276 1,922,276 1,922,276    0   1,922,276  0.00    6.75

B: Financial Instruments
Resulting situation after 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.

Total (A+B)
Number of voting rights            % of voting rights
1,922,276                          6.75%

9. Chain of controlled undertakings through which the voting
rights and/or the financial instruments are effectively held,
if applicable:
Barclays Bank PLC
Barclays Global Investors Ltd
Barclays Life Assurance Co Ltd
Barclays Stockbrokers Ltd

Proxy Voting:
10. Name of Proxy holder:
11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting
rights:

13. Additional information:

14. Contact name: Geoff Smith

15. Contact telephone number: 020 7116 2913


Name of Company contact and telephone number for queries:

Judie Howlett, Assistant Company Secretary, 01234 762225