Holding(s) in Company

SCHEDULE 10                                  
                                                                               
                   NOTIFICATION OF MAJOR INTERESTS IN SHARES                   

1)   Name of company

Chemring Group PLC

2)   Name of shareholder having a major interest

UBS AG

3)   Please state whether notification indicates that it is in respect of
     holding of the shareholder named in 2 above or in respect of a
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

Notification is in respect of the Shareholder named in 2 above

4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them

UBS Global Asset Management (Life) Ltd - 2.62%

UBS AG London Branch - 0.10%

5)   Number of shares/amount of stock acquired


6)   Percentage of issued class


7)   Number of shares/amount of stock disposed


8)   Percentage of issued class


9)   Class of security

5p Ordinary Shares


10)  Date of transaction


11)  Date company informed

12 May 2005

12)  Total holding following this notification

13)  Total percentage holding of issued class following this notification

2.72%

14)  Any additional information

 

Shareholder has ceased to have a notifiable interest in the Ordinary Shares of
the company.


15)  Name of contact and telephone number for queries

Helen Marsh 01489 881880

16)  Name and signature of authorised company official responsible for
     making this notification

Helen Marsh


     Date of notification 13 May 2005