Transaction in Own Shares

Chemring Group PLC (the "Company") - Transaction in Own Shares

The Company announces that on 21st January it purchased a total of 10,000
ordinary shares of 5p each on the London Stock Exchange via Investec Investment
Banking. The highest price paid was 1990 pence per share and the lowest price
paid was 1960 pence per share.

The purchased shares will be held as treasury shares. Following the above
purchase, the Company holds a total of 320,000 ordinary shares as treasury
shares and has a total of 35,215,699 ordinary shares in issue (excluding shares
held in Treasury).

Enquiries:

Paul Rayner Finance Director 01489 881880