CVE Culver Hldgs

RNS Number:5843V
UBS AG
13 December 2005

                                                                      FORM SAR 5

                            DISCLOSURE OF DISPOSALS
       (Rule 5 of The Rules Governing Substantial Acquisitions of Shares)


Name of seller                                  UBS Wealth Management & 
                                                Business Banking

Beneficial owner, if different from above

Names of any other persons acting by agreement
or understanding (see SAR 5)

Company dealt in                                Culver Holdings

Class of voting shares (eg ordinary shares)     Ordinary Shares 0.25p

Date of disposal                                12 December 2005


Number of shares disposed of                    2,059

Number of rights over shares disposed of #

Nature of rights over shares


Total holding of voting shares (and percentage  32,392 shares
of total voting shares in issue)

Total holding of rights over shares (and        32392 shares (14.16%)
percentage of total voting shares in issue)

Combined total holding (and percentage) of      32,392 shares (14.16%)
voting shares and rights over shares



Date of disclosure                              13th December 2005

Contact name                                    Nimisha Sachdev

Telephone number                                020 7568 9289


#  See the definition of "rights over shares" in the Definitions Section of the
SARs.

For details of the SARs disclosure requirements, see SARs 3 and 5 and their
Notes which can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.


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