Holding(s) in Company

Character Group PLC
11 May 2006


The Character Group plc

11 May 2006

                         The Character Group plc (the 'Company')

                                   Holdings in Company

The Company received notification on 11 May 2006 from Giochi Preziosi S.p.A.
that, following a disposal of shares  effected on 11 May 2006 for nil
consideration its shareholding in the Company is 11,525,898 ordinary shares
which  represents approximately 21.81 per cent. of the Company's issued share
capital.

Enquiries:
Richard King/Kiran Shah  Katie Dale                   Richard Thompson/
                                                      Philip Davies
The Character Group PLC  Citigate Dewe Rogerson Ltd   Charles Stanley Securities
Tel: [phone]       Tel: [phone]           Tel: [phone]





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