CONTRACT AWARD

FOR IMMEDIATE RELEASE 13 MARCH 2008 CHEMRING GROUP PLC KILGORE AWARDED M212 FLARE CONTRACT Chemring Group PLC ("Chemring") is pleased to announce that its US subsidiary, Kilgore Flares Company LLC ("Kilgore"), based in Toone, Tennessee, has been awarded an IDIQ (indefinite delivery/indefinite quantity) contract for the supply of M212 flares to the US Department of Defense. The M212 flare is a key component in the Advanced Infrared Countermeasure Munition (AIRCMM) suite that is used by the US Army and US Air Force to protect helicopters from the threat of IR guided missiles. The contract extends over a five year period, and has a minimum value of $5.4 million and a maximum value of $382.9 million. Dr David Price, Chief Executive of Chemring, commented: "We are delighted to have won the competition for the M212 flare. This is a tremendous achievement by our US subsidiary, which extends our product portfolio and significantly enhances our long term position in the US market. The contract is the largest ever framework contract awarded to Chemring by the US Department of Defense." Chemring is an international leader in defensive countermeasures and energetic materials. The countermeasures division comprises Alloy Surfaces Company, Inc. and Kilgore Flares Company LLC in the US, and Chemring Countermeasures Limited in the UK. For further information: Dr David Price Chief Executive, Chemring Group PLC 01489 881880 Paul Rayner Finance Director, Chemring Group PLC 01489 881880 Rupert Pitman Cardew Group 0207 930 0777
UK 100

Latest directors dealings