CHG Chemring Group Plc

RNS Number:2618A
Chemring Group PLC
23 March 2006





                               CHEMRING GROUP PLC


                         AGM STATEMENT BY THE CHAIRMAN



Chemring Group PLC (the "Company") today celebrated its 100th Annual General
Meeting.


Ken Scobie, Chairman, made the following statement: "I am delighted to report
that the Group continues to make excellent progress. Our countermeasures
division is performing well and strong order intake, particularly at Kilgore
Flares in the USA, has contributed to an increase in the Group's order book to
#179 million from #160 million since the end of January.


The acquisition of Technical Ordnance, Inc. was completed on 13 March 2006,
following receipt of regulatory approvals. Good progress is also being made on
the integration of the other four recently-acquired businesses in the Energetics
division, and the delivery of our strategy for this division is on-track.


The recruitment of a third independent non-executive director is under way, and
it is hoped that an appointment will be announced shortly.


David Evans, who served as Chief Executive of the Group for six years and more
recently as Non-Executive Deputy Chairman, is due to retire in October 2006. The
Board values his continued input and it has therefore been agreed that, with
effect from 1 April 2006, he will take-up a three year appointment as a
non-executive director of the Company. His service contract with the Company
will terminate at this time."



For further information:


Ken Scobie          Chairman, Chemring Group PLC                 01489 881880
Dr David Price      Chief Executive, Chemring Group PLC          01489 881880
Rupert Pittman      Cardew Group                                 0207 930 0777



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
AGMUOARRNAROUAR

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