RNS No 4520x
UNITED CARRIERS GROUP PLC


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

UNITED CARRIERS GROUP PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

UBS UK HOLDING LIMITED

3)  Please state whether notification indicates that it is in respect of holding
    of the Shareholder named in 2 above or in respect of a non-beneficial
    interest or in the case of an individual holder if it is a holding of that
    person's spouse or children under the age of 18

IN RESPECT OF THE SHAREHOLDER NAMED IN 2 ABOVE

4)  Name of the registered holder(s) and, if more than one holder, the number of
    shares held by each of them.

PHILDREW NOMINEES LTD
TALBOT NOMINEES LTD

5)  Number of shares/amount of stock acquired.

NOT NOTIFIED

6)  (NOT NOTIFIED) of issued Class

7)  Number of shares/amount of stock disposed

NOT NOTIFIED

8)  (NOT NOTIFIED) of issued Class

9)  Class of security

ORDINARY SHARES 5P

10) Date of transaction

NOT NOTIFIED

11) Date company informed

16 JULY 1998

12) Total holding following this notification

8,102,240

13) Total percentage holding of issued class following this notification

23.92%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

J NIZAN  01933 440400   EXT 335

16) Name and signature of authorised company official responsible for making
    this notification

    Date of Notification..17 JULY 1998.........


END

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