Notification of Directors' Interests

UNIVERSAL SALVAGE PLC NOTIFICATION OF DIRECTORS' INTEREST The Board of Universal Salvage plc ("the Company") has been notified of the following share acquisitions made by Directors of the Company yesterday, 25 June 2002. Mr. Alexander N. Foster, Non-Executive Chairman, acquired 10,000 ordinary 10 pence shares at £1.95 per share. Mr. Foster's resultant holding is 142,500 ordinary shares of 10 pence each of which 14,500 are non-beneficially held. This represents 0.5% of the Company's issued share capital. Mr. Edmund P. Bruegger, Non-Executive Director, acquired 10,000 ordinary 10 pence shares at £1.95 per share. Mr. Bruegger's resultant holding is 25,000 ordinary shares of 10 pence each, all are beneficially held. This represents 0.08% of the Company's issued share capital. Mr. Martin C. Hynes, Chief Executive, acquired 10,000 ordinary 10 pence shares at £1.95 per share. Mr. Hynes' resultant holding is 160,389 ordinary shares of 10 pence each, all are beneficially held. This represents 0.57% of the Company's issued share capital. Mr. Jonathan C. Cook, Finance & Operations Director, acquired 10,000 ordinary 10 pence shares at £1.95 per share. Mr. Cook's resultant holding is 10,000 ordinary shares of 10 pence each, all are beneficially held. This represents 0.03% of the Company's issued share capital. Enquiries: Anne Thomas, Company Secretary Jonathan Cook, Finance & Operations Director Universal Salvage plc - 01234 766500 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/06/26/20020626BIT00980/wkr0001.doc http://www.waymaker.net/bitonline/2002/06/26/20020626BIT00980/wkr0002.pdf