RNS Number:8084R
Ultra Electronics Holdings PLC
7 November 2003

                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY

     ULTRA ELECTRONICS HOLDINGS PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     DEUTSCHE BANK AG


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 2 ABOVE


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

     SEE BELOW


5)   Number of shares/amount of stock acquired.

     

6)   Percentage of issued Class


7)   Number of shares/amount of stock disposed


8)   Percentage of issued Class


9)   Class of security

     5P ORDINARY SHARES


10)  Date of transaction



11)  Date company informed

     06/11/2003


12)  Total holding following this notification

     7,990,763

               
13)  Total percentage holding of issued class following this notification

     12.04%


14)  Any additional information



15)  Name of contact and telephone number for queries

     DAVID JEFFCOAT
     0208 813 4302


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


     Date of Notification       07/11/2003

SCHEDULE
                            ULTRA ELECTRONICS HOLDINGS PLC 
                               ORDINARY #0.05 SHARES

Held as Principal                                             No Of Shares

Deutsche Bank AG London                                            198,510

Deutsche Bank AG Frankfurt                                           7,174

Held in Customer Portfolios

Morgan Nominees                                                    402,610

Bank of New York Nominees                                          111,728

Chase Nominaes                                                     623,800

HSBC Global Custody Noms (UK) Ltd                                   99,000

Nortrust Nominees                                                  230,000

State Street Nominees                                            6,209,341

Vidacos Nominees                                                   108,400
     
TOTAL                                                            7,990,763

                      This information is provided by RNS
            The company news service from the London Stock Exchange

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