Ukrproduct Group Ltd 24 February 2006 24 February 2006 Ukrproduct Group Ltd (the "Company") Disposal of Shares Further to the announcement on 23 February 2006, Crensel Finance Ltd ("Crensel") and Densim Group Management SA ("Densim") have today each disposed of a further 100,000 ordinary shares of 10p each in the Company ("Ordinary Shares"), each representing 0.24% of the Company's issued Ordinary Share Capital, at 62.5p per Ordinary Share. Crensel and Densim are jointly owned in equal shares by two of the Company's directors, Messrs Sergey Evlanchik and Alexander Slipchuk. Following this disposal, Crensel and Densim will each be interested in 14,737,383 Ordinary Shares in the Company, each holding representing approximately 35.76% of the Company's issued Ordinary Share Capital. For further information, please contact: Ukrproduct Group Limited Sergey Evlanchik, CEO, or Tel: +38 044 502 8014 Dmitry Dragun, CFO W.H. Ireland Limited D.W. Youngman Tel: +44 161 832 2174 Financial Dynamics Ben Foster / Charles Watenphul Tel: +44 207 831 3113 This information is provided by RNS The company news service from the London Stock Exchange