RNS No 5409r
CHEMRING GROUP PLC
30 April 1999


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
CHEMRING GROUP PLC

2   Name of shareholder having a major interest:
PRUDENTIAL CORPORATION GROUP OF COMPANIES 

3   Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or 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:


4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
BPUT NOMINEES LIMITED "SJPREC" - 160,000 ORD SHARES
CHASE NOMINEES LIMITED "3789" - 35,007 ORD SHARES
CHASE NOMINEES LIMITED "3790" - 90,000 ORD SHARES
CLYDESDALE BANK NOMINEES LIMITED "MGC" - 1,596,300 ORD SHARES
M&G (LOMBARD ST) NOMINEES LIMITED - 1,563,571 ORD SHARES
MIDLAND BANK TRUST COMPANY LIMITED "19089503" - 70,003 ORD SHARES
MIDLAND BANK TRUST COMPANY LIMITED "19352018" - 502,628 ORD SHARES 
MSS NOMINEES LIMITED - 115,500 ORD SHARES
MSS NOMINEES LIMITED "738633" - 28,000 ORD SHARES
MSS NOMINEES LIMITED "738643" - 70,004 ORD SHARES
PRUDENTIAL CLIENT (MSS) NOMINEES LIMITED "PAC" - 1,122,058 ORD SHARES
PRUDENTIAL CLIENT (MSS) NOMINEES LIMITED "PPL" - 1,585,459 ORD SHARES 
 

5   Number of shares/amount of stock acquired:


6   Percentage of issued class:


7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
5P ORD SHARES

10  Date of transaction:


11  Date company informed:
29 APRIL 1999

12  Total holding following this notification:
6,938,530 ORD SHARES

13  Total percentage holding of issued class following this notification:
29.296%

14  Contact name for queries:
SARAH ELLARD

15 Contact telephone number:
01489 881880

16  Name of company official responsible for making notification:
SARAH ELLARD - COMPANY SECRETARY 

17  Date of notification:
30 APRIL 1999

Additional Information:
NOTIFICATION OF REVISED INTERESTS FOLLOWS THE ACQUISITION OF M&G GROUP PLC BY
PRUDENTIAL CORPORATION PLC ON 28 APRIL 1999.  INTERESTS OF M&G GROUP PLC WERE
PREVIOUSLY NOTIFIED SEPARATELY. 


END

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