Result of Meetings

Chemring Group PLC
2 March 2000


           ANNUAL GENERAL MEETING AND CLASS MEETING - PREFERENCE SHARES 


Chemring Group PLC announces that at the Annual General Meeting held today
shareholders approved amendments to the Articles of Association of the Company
in light of the abolition of Advance Corporation Tax ('ACT') which took place
with effect from 6 April 1999, in order to restore the dividend rate on
preference shares to the pre-ACT rate of 7 per cent.  Preference shareholders
will be entitled to the dividend at the rate of 7 per cent with effect from 3
March 2000 and payment of the dividend in respect of the half-yearly period
ended 31 March 2000 will reflect the fact that shareholders were entitled to a
dividend at the rate of 4.9 per cent for the period from 1 October 1999 until
the date of the AGM and at 7 per cent thereafter.

This change to the rights of the cumulative preference shares was also
approved by the preference shareholders today. 


Contact: Sarah Ellard
         Company Secretary
         Chemring Group PLC
         Tel: [phone]