RNS No 1830c
CHEMRING GROUP PLC
22 June 1999


   CHEMRING GROUP PLC: STATEMENT REGARDING SHARE PRICE MOVEMENT
   ------------------------------------------------------------

Following the recent move in its share price, Chemring announces
that it has received an approach which is being evaluated.  On
present information this is unlikely to lead to a recommended
offer.

Enquiries:

Lazard Brothers & Co., Limited      Tel: 0171 588 2721
------------------------------
Christopher Fisher

END

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