New Bank Facilities

FOR IMMEDIATE RELEASE 14 JANUARY 2011

                              CHEMRING GROUP PLC                               

                              NEW BANK FACILITIES                              

Chemring Group PLC ("Chemring" or "the Group") announces that it has signed a
new £230 million unsecured bank facility, provided by a syndicate of five
lending banks, which matures in April 2015.

This new facility will be used to refinance the Group's existing £148 million
secured bank facilities and a €31 million secured bonding line at Mecar SA,
Chemring's recently acquired subsidiary in Belgium. In addition, the Group's
existing US loan notes remain in place, but also now on an unsecured basis.

Paul Rayner, Finance Director of Chemring, said:

"The unsecured nature of the new bank facility reflects the strength of the
Group's credit profile. The facility increases the financial resources
available to the Group over the next four years by approximately £55 million,
and provides us with greater flexibility as we continue to pursue our growth
strategy."

As previously notified, the Group's Preliminary Results for the year ended 31
October 2010 will be released on Tuesday 18 January 2011.

For further information:

Paul Rayner Finance Director, Chemring Group PLC 01489 881880

Rupert Pittman Cardew Group 0207 930 0777