Transaction in Own Shares

Character Group PLC
31 January 2008



31 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 179,603 shares have been purchased
 yesterday in the market through Charles Stanley Securities for treasury at a
price of 89.97 pence per share.  This represents approximately 0.42% of the
issued share capital of the Company (excluding shares held in treasury).



Following these transactions, the Company has 42,596,721 ordinary shares in
issue (excluding 2,895,216 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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