Transaction in Own Shares

Character Group PLC
10 January 2008

10 January 2008

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


The directors of The Character Group plc announce that, as part of the Group's
policy of buying back Group shares, a further 122,565 shares have been purchased
yesterday in the market through Charles Stanley Securities for treasury at a
price of 78.86 pence per share.  This represents approximately 0.28% of the
issued share capital of the Company (excluding shares held in treasury).



Following these transactions, the Company has 43,269,080 ordinary shares in
issue (excluding 2,222,857 ordinary shares in the Company held in treasury).

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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