Transaction in Own Shares

Character Group PLC
14 January 2008

14 January 2008

               The Character Group plc (the 'Group' or 'Company')

                           Transaction in Own Shares





The directors of The Character Group plc announce that, as part of the Group's
policy of buying back Group shares, a further 203,092 shares have been purchased
on 11 January 2008 in the market through Charles Stanley Securities for
treasury. 100,000 shares were purchased at a price of 89.92 pence per share and
103,092 shares were purchased at a price of 89.94 pence per share. The 203,092
shares represent approximately 0.47% of the issued share capital of the Company
(excluding shares held in treasury).



Following these transactions, the Company has 43,065,988 ordinary shares in
issue (excluding 2,425,949 ordinary shares in the Company held in treasury).


Enquiries:

The Character Group Plc           Charles Stanley Securities           Citigate Dewe Rogerson Ltd
                                  (Nominated Adviser)

Richard King / Kiran Shah         Richard Thompson/Philip Davies       Fiona Tooley
Tel: [phone]                Tel: [phone]                   Tel: [phone]



                      This information is provided by RNS
            The company news service from the London Stock Exchange