Change in Issued Share Capital

UNIVERSAL SALVAGE PLC

Notification of

The Board of Universal Salvage plc (the "Company") announces that,
following the exercise of 4,326 share options in the Universal Salvage
SAYE Share Option Scheme on 19 February 2003, the issued share capital
of the Company has increased to 28,111,873 ordinary shares of 10 pence
each.

Enquiries: Anne Thomas, Universal Salvage plc. Telephone: 01234 762244

Universal Salvage plc

Universal Salvage manages the disposal of vehicle salvage (cars, commercial vehicles and motorbikes) for third parties on a contract basis as well as providing a range of additional services for all its customers: insure...

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