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

Legal & General Investment Management

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


HSBC Global Custody Nominee (UK)Ltd A/c 887711              - 296,473

HSBC Global Custody Nominee (UK)Ltd A/c 775245              - 125,000

HSBC Global Custody Nominee (UK)Ltd A/c 360509              - 31,000

HSBC Global Custody Nominee (UK)Ltd A/c 357206              - 645,602

HSBC Global Custody Nominee (UK)Ltd A/c 747381              - 41,500

HSBC Global Custody Nominee (UK)Ltd A/c 866203              - 32,000


5)   Number of shares/amount of stock acquired

100,000 5p Ordinary Shares

6)   Percentage of issued class

0.36%

7)   Number of shares/amount of stock disposed



8)   Percentage of issued class



9)   Class of security

5p Ordinary Shares

10)  Date of transaction

18 October 2002

11)  Date company informed

21 October 2002

12)  Total holding following this notification

1,171,575 5p Ordinary Shares


13)  Total percentage holding of issued class following this notification

4.27%

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 21 October 2002


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