RNS Number:0620L
Ultra Electronics Holdings PLC
13 May 2003

                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

ULTRA ELECTRONICS HOLDINGS PLC


2)  NAME OF DIRECTOR

DR. JULIAN BLOGH


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 or in respect of an non-beneficial interest

IN RESPECT OF 2 ABOVE


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

DR. JULIAN BLOGH


5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

N/A


6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

LTIP AWARD


7)  Number of shares/amount of
    stock acquired

43839


8)   (