08 Mar 2006

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA OR THE REPUBLIC OF IRELAND

Further to the announcement on 1 February 2006, the Board of Chemring announces that the waiting period imposed by the Exon-Florio filing in connection with the proposed acquisition of Technical Ordnance, Inc. has now expired.

Accordingly, the Acquisition Agreement is now unconditional (save for any condition relating to the Placing Agreement being unconditional and payment of the consideration). Admission to the Official List of the UK Listing Authority and to the London Stock Exchange of the 2,900,000 new Ordinary Shares in Chemring being issued in connection with the Acquisition will take place at 8.00am on 13 March 2006 and CREST accounts will be credited on that date. On Admission, the new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares in issue.

For further information:

Ken Scobie Chairman
Chemring Group PLC
01489 881880

Dr David Price Chief Executive
Chemring Group PLC
01489 881880

Paul Rayner Finance Director
Chemring Group PLC
01489 881880