Transaction in Own Shares

Character Group PLC
09 May 2008


9 May 2008


The Character Group plc (the 'Group' or 'Company')
Transaction in Own Shares




As part of the Group's stated objective to enhance shareholder value, the
Company advises that it has today purchased in the market through Charles
Stanley Securities 15,000 ordinary shares in the Company at a price of 125 pence
per share.  This represents approximately 0.04% of the issued share capital of
the Company (excluding shares held in treasury). These shares will be held in
treasury.



Following these transactions, the Company has 42,480,718 ordinary shares in
issue (excluding 3,011,219 ordinary shares in the Company held in Treasury).





The Directors will continue to monitor the position and will, if appropriate,
make further purchases of the Company's own shares.


Enquiries:

The Character Group Plc           Charles Stanley Securities           Citigate Dewe Rogerson Ltd
                                  (Nominated Adviser)
Richard King / Kiran Shah         Richard Thompson / Philip Davies     Fiona Tooley
Tel: [phone]                Tel: [phone]                   Tel: [phone]







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