FOR IMMEDIATE RELEASE 24 MARCH 2005

                              CHEMRING GROUP PLC                               

                         AGM STATEMENT BY THE CHAIRMAN                         

Ken Scobie, Chairman of Chemring Group PLC ("Chemring" or "the Company"), made
the following statement at the Company's Annual General Meeting today: "I am
delighted to report that trading remains buoyant for the Group's
countermeasures business, particularly with the Department of Defense in the
United States. Alloy Surfaces' second plant and technology centre is now
operational, and the official opening will be held on 11 April.

Chemring sees continuing growth in decoy sales for several years. The Company
does not believe that new technologies, such as lasers which are more expensive
and technologically challenging, will have any measurable impact on its decoy
sales for at least ten years. In many operational scenarios, decoys and lasers
complement each other, and currently combinations of decoys are effectively
protecting military aircraft from various MANPAD threats.

The Company continues to explore a number of acquisition opportunities in areas
which are geographically and operationally complementary to its existing
businesses." 

 

For further information:

Ken Scobie Chairman, Chemring Group PLC 01489 881880

David Evans Chief Executive, Chemring Group PLC 01489 881880

Jonathan Rooper Cardew Group 0207 930 0777

 



END



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