Holding(s) in Company

SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Chemring Group PLC 2) Name of shareholder having a major interest Standard Life Group 3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 Notification is in respect of the Shareholder named in 2 above 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Stanlife Nominees Limited 5) Number of shares/amount of stock acquired 1,200,000 6) Percentage of issued class 4.451% 7) Number of shares/amount of stock disposed 8) Percentage of issued class 9) Class of security 5p Ordinary Shares 10) Date of transaction 22 May 2002 11) Date company informed 23 May 2002 12) Total holding following this notification 1,651,957 5p Ordinary Shares 13) Total percentage holding of issued class following this notification 6.128% 14) Any additional information 15) Name of contact and telephone number for queries Helen Marsh 01489 881880 16) Name and signature of authorised company official responsible for making this notification Helen Marsh Date of notification 23 May 2002 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Chemring Group PLC 2) Name of shareholder having a major interest Alliant Conventional Munitions LLC 3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 Notification is in respect of the Shareholder named in 2 above 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Alliant Conventional Munitions LLC 5) Number of shares/amount of stock acquired 6) Percentage of issued class 7) Number of shares/amount of stock disposed 1,200,000 8) Percentage of issued class 4.451% 9) Class of security 5p Ordinary Shares 10) Date of transaction 22 May 2002 11) Date company informed 23 May 2002 12) Total holding following this notification Nil 5p Ordinary Shares 13) Total percentage holding of issued class following this notification Nil 14) Any additional information Shareholder no longer has a notifiable interest 15) Name of contact and telephone number for queries Helen Marsh 01489 881880 16) Name and signature of authorised company official responsible for making this notification Helen Marsh Date of notification 23 May 2002
UK 100

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