Holding(s) in Company

NOTIFICATION OF MAJOR INTERESTS IN SHARES                   

1) Name of listed company

 

CHEMRING GROUP PLC

 

2) Name of shareholder with a major interest

 

UBS AG

 

3)   Please state whether notification indicates that it is regarding the
holding of the shareholder named in 2 above; 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 AND RELATES TO
MATERIAL & NON-MATERIAL INTERESTS

 

4) Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

 

MATERIAL:

UBS Global Asset Management (Life) Ltd         -           945,472

UBS AG London Branch                                   -           243,818

 

NON-MATERIAL:

UBS Wealth Management (UK) Ltd                  -           3,000

GAM London Ltd                                              -           184,800

UBS Fund Management (Switzerland) AG          -           436,290

UBS Fund Services (Luxembourg) SA               -           46,250

UBS Global Asset Management (UK) Ltd          -           1,054,898

UBS WM & BB (UBS AG)                              -           9,400

 

5) Number of shares/amount of stock acquired

 

 

6) Percentage of issued class (any treasury shares held by the listed company
should not be taken into account when calculating percentage)

 

 

7) Number of shares/amount of stock disposed

 

 

8) Percentage of issued class (any treasury shares held by the listed company
should not be taken into account when calculating percentage)

 

 

9) Class of security

 

5P ORDINARY SHARES

 

 

10) Date of transaction

 

 

11) Date listed company informed

 

2 December 2005

 

12) Total holding following this notification

 

MATERIAL:                1,189,290 5P ORDINARY SHARES

NON-MATERIAL:       1,734,638 5P ORDINARY SHARES

 

13)  Total percentage holding of issued class following this notification (any
treasury shares held by the listed company should not be taken into account
when calculating percentage)

 

10.02%

 

14) Any additional information

 

 

15)  Name of contact and telephone number for queries

 

Helen Marsh 01489 881880

16)  Name and signature of duly authorised officer of the listed company
responsible for making this notification

 

Helen Marsh

 

Date of notification: 5 December 2005