CHG Chemring Group Plc

    FOR IMMEDIATE RELEASE 1 DECEMBER 2005

            CHEMRING GROUP PLC COMPLETES ACQUISITION OF COMET GmbH             

Chemring Group PLC ("Chemring") announces that it has successfully completed
its acquisition of Comet GmbH, Pyrotechnik-Apparatebau ("Comet"), having
received all necessary regulatory approvals. The acquisition was first
announced on 26 July 2005.

Comet, based in Bremerhaven, Germany, manufactures and supplies a range of
military and marine pyrotechnics. Chemring acquired Comet for a cash
consideration of Euro9.6 million (�6.6 million), subject to an adjustment based on
the net assets at completion.

David Price, Chief Executive of Chemring, said: "I am delighted that we have
finally completed the acquisition of Comet. Comet will play an important role
in the development of our energetics business, and will be a key focus for the
rationalisation of our production capabilities in marine and military
pyrotechnics."

For further information:

Dr David Price Chief Executive, Chemring Group PLC 01489 881880

Paul Rayner Finance Director, Chemring Group PLC 01489 881880

Jonathan Rooper Cardew Group 0207 930 0777

 



END

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