Stmnt re Share Price Movement

Character Group PLC
27 February 2004

Issued by Citigate Dewe Rogerson, Birmingham
Date: Friday 27th February 2004
                                                               Immediate Release

                            The Character Group plc
                              Share Price Movement

The Company has noted the fall in its share price and knows of no reason for
this.

The Directors believe that the outcome for the year as a whole will be
satisfactory and in line with market expectations.


Enquiries:
Richard King, Chairman                       Fiona Tooley, Director
Kiran Shah, Group Finance Director           Katie Dale, Account Manager
The Character Group plc                      Citigate Dewe Rogerson
Today: 020 8949 5898                         Today: 0121 455 8370
Mobile: [phone] (RK)                    Mobile: [phone] (FMT)
Mobile: [phone] (KS)                    Mobile: [phone] (KD)
www.charactergroup.plc.uk


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