Transaction in Own Shares

Chesnara plc

31 October 2008

Transaction in Own Shares

Chesnara plc ("Chesnara" or "the Company") announces that on 31 October 2008 it
purchased 50,000 of its 5p ordinary shares at a volume weighted average price
paid per share of 103 pence. The highest price paid per share was 103 pence and
the lowest price paid per share was 103 pence.

The shares purchased have been transferred into treasury. As a result of this
transaction Chesnara now holds 2,238,494 shares in treasury.

The Board has taken the decision to conduct this purchase of the Company's own
shares as a result of the low level of the Company's share price. The total
value of shares purchased was £51,500.

The total number of shares in issue (total voting rights) after taking into
account the movement of these 50,000 shares into treasury is 102,350,291 (at
the date of this announcement).

Enquiries

Graham Kettleborough

Chief Executive, Chesnara plc 07799 407 519