Transaction in Own Shares

Character Group PLC
11 June 2007


The Character Group plc

11 June 2007


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

Transaction in Own Shares

As part of the Group's stated objective to enhance shareholder value, the
Company advises that it has purchased in the market for cancellation through
Charles Stanley Securities 165,000 ordinary shares in the Company. 65,000 of
these shares were bought on 8 June 2007 at an average price of 167.62 pence per
share and the remaining 100,000 shares were bought today at an average price of
167.45 pence. These shares represent, in aggregate, approximately 0.37% of the
issued share capital of the Company (excluding shares held in treasury).

Following the cancellation of these shares, the Company has 44,497,513 ordinary
shares in issue (excluding 1,000,000 ordinary shares in the Company held in
Treasury).

The Directors will continue to monitor the position and will, if appropriate,
make further purchases of the Company's own shares.


Enquiries:

The Character Group Plc     Charles Stanley Securities   Citigate Dewe Rogerson Ltd
Richard King / Kiran Shah   Philip Davies                Fiona Tooley

Tel: [phone]          Tel: [phone]           Tel: [phone]





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