Holding(s) in Company

Chemring Group PLC
24 April 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

Chemring Group Plc

2) Name of shareholder having a major interest

Prudential Plc

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18

Notification is in respect of the Shareholder named in 2 above

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them



PRUCLT HSBC GIS NOM (UK) PAC AC     - 1,116,076 5p Ordinary Shares

PRUCLT HSBC GIS NOM (UK) PPL AC     - 401,512 5p Ordinary Shares


5) Number of shares/amount of stock acquired



6) Percentage of issued class



7) Number of shares/amount of stock disposed



8) Percentage of issued class



9) Class of security

5p Ordinary Shares

10) Date of transaction



11) Date company informed

24 April 2002

12) Total holding following this notification

1,517,588 5p Ordinary Shares

13) Total percentage holding of issued class following this notification

5.63%

14) Any additional information

M&G Limited, M&G Group Limited & M&G Investment Management Limited no longer
have a notifiable interest in the share capital of the company.


15) Name of contact and telephone number for queries

Helen Marsh

01489 881880

16) Name and signature of authorised company official responsible for
making this notification

Helen Marsh


Date of notification 24 April 2002


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