Change to Board of Directors

United Overseas Group PLC 17 April 2000 UNITED OVERSEAS GROUP PLC Re: Directorate It is with great sadness that the Board of United Overseas Group plc ('UOG') announces the death of Mr Eppe Boersema, a main Board Director and Joint Managing Director of its Dutch operations, Intertrading Agencies. Following an announcement on 3 March that Mr Boersema had been seriously injured in a road traffic accident, he died of his injuries on Sunday 16 April 2000. Mr Bert Boersema, Joint Managing Director of Intertrading Agencies, who assumed full management responsibility for the Group's Dutch operations following the accident will continue in this role. Enquiries: Alex Watson, Chairman, United Overseas Group plc Tel: 01733 362300