Transaction in Own Shares

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

The Company announces that on 22nd January it purchased a total of 100,000
ordinary shares of 5p each at 1890.844 pence per share on the London Stock
Exchange via Investec Investment Banking.

The purchased shares will be held as treasury shares. Following the above
purchase, the Company holds a total of 250,000 ordinary shares as treasury
shares and has a total of 32,491,234 ordinary shares in issue (excluding shares
held in Treasury).

Enquiries:

Paul Rayner Finance Director 01489 881880