NOTIFICATION OF MAJOR INTERESTS IN SHARES                   

1) Name of listed company

 
CHEMRING GROUP PLC


2) Name of shareholder with a major interest

 

UBS AG


3)   Please state whether notification indicates that it is regarding the
holding of the shareholder named in 2 above; in respect of a non-beneficial
interest; or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18


NOTIFICATION IS IN RESPECT OF THE SHAREHOLDER NAMED IN 2 ABOVE


4) Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them


5) Number of shares/amount of stock acquired

 
6) Percentage of issued class (any treasury shares held by the listed company
should not be taken into account when calculating percentage)

 
7) Number of shares/amount of stock disposed


8) Percentage of issued class (any treasury shares held by the listed company
should not be taken into account when calculating percentage)


9) Class of security

5P ORDINARY SHARES
 

10) Date of transaction


11 OCTOBER 2006


11) Date listed company informed


13 OCTOBER 2006


12) Total holding following this notification


13) Total percentage holding of issued class following this notification (any
treasury shares held by the listed company should not be taken into account
when calculating percentage)

 

2.98%

 

14) Any additional information

 

SHAREHOLDER NO LONGER HAS A NOTIFIABLE INTEREST IN THE SHARES OF THE COMPANY

 

15)  Name of contact and telephone number for queries

 

HELEN MARSH 01489 881880

16)  Name and signature of duly authorised officer of the listed company
responsible for making this notification

 

HELEN MARSH

 

Date of notification: 13 OCTOBER 2006



END



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