RNS Number:9354T
Ultra Electronics Holdings PLC
7 January 2004


                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY
     ULTRA ELECTRONICS HOLDINGS PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
     FIDELITY INVESTMENTS


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.
     193,300


6)   Percentage of issued Class
     0.3%

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
     06/01/2004


12)  Total holding following this notification
     2,719,841

               
13)  Total percentage holding of issued class following this notification
     4.10%


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       07/01/2004


Schedule A
 

Security: Ultra Electronics Hldgs Plc                    Amendment No 7
  
                                      MANAGEMENT 
                       SHARES HELD    COMPANY      NOMINEE/REGISTERED NAME
(Ordinary Shares)          

                             5,400    FMTC         Brown Brothers Harriman
                             7,000    FMTC         State Street Nominees Ltd.
                             3,800    FMTC         State Street Bank & Trust
                           220,314    FISL         Clydesdale Bank (Head Office) 
                                                   Nominees Limited
                           377,300    FPM          Bankers Trust
                           134,900    FPM          HSBC
                           100,817    FPM          Chase Nominees Ltd
                           186,140    FIL          Clydesdale Bank (Head Office) 
                                                   Nominees Limited
                             1,875    FIL          HSBC Client Holdings Nominee 
                                                   (UK) Limited
                           395,700    FIL          Bank of New York London
                           246,184    FIL          Chase Manhattan Bank London
                            73,116    FIL          Northern Trust
                           188,599    FIL          State Street Bank & Trust
                           778,696    FIL          JP Morgan
                           
Total Ordinary Shares    2,719,841

Current ownership 
percentage:                   4.10%

Shares in issue:        66,359,150 @ 31/12/03

Change in holdings 
since last filing:        +193,300 ordinary shares





                      This information is provided by RNS
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