Ultra Electronics Holdings plc (the "Company")

Ultra Electronics Long Term Incentive Plan

Director/PDMR Shareholding

On the 14^th March 2016 the following Executive Directors of the Company and other Persons Discharging Managerial Responsibility, were granted conditional awards entitling them to acquire ordinary shares of 5 pence each in the Company under the Ultra Electronics Long Term Incentive Plan 2007 as follows:

The awards will normally vest on the third anniversary of the grant date, subject to continued employment and the satisfaction of a performance condition based upon total shareholder return.

No consideration was paid for the grant of the awards and no payment is due on the vesting of the awards.

Further information

The above notifications are made in accordance with DTR 3.1.4R

Name of contact and telephone number for enquiries:  Sharon Harris +44 (0) 02 8813 4321

For and on behalf of Ultra Electronics Holdings plc.

Sharon Harris

Company Secretary & General Counsel

Date: 6 May 2016