RNS No 6911r
CHEMRING GROUP PLC
5 May 1999

Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
CHEMRING GROUP PLC

2   Name of shareholder having a major interest:
LAZARD ASSET MANAGEMENT

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:
HOLDING OF SHAREHOLDER NAMED IN 2 ABOVE

4   Name of 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:


7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
5P ORDINARY SHARES

10  Date of transaction:


11  Date company informed:
5 MAY 1999

12  Total holding following this notification:
908,159 5P ORDINARY SHARES

13  Total percentage holding of issued class following this notification:
3.83%

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:
5 MAY 1999



Additional Information:

END

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