Chemring Regulatory News (CHG)

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1)

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

All relevant boxes should be completed in block capital letters.

1) Name of the issuer

CHEMRING GROUP PLC

2) State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)

TRANSACTION NOTIFIED IN ACCORDANCE WITH DR 3.1.4R(1)(a) AND DR 3.1.4(R)(1)(b)

3) Name of person discharging managerial responsibilities/director

SARAH LOUISE ELLARD

4) State whether a notification relates to a person discharging managerial responsibilities/director named in 3) and identify the connected person

TRANSACTION RELATES TO THE DIRECTOR NAMED IN 3)

5) Indicated whether the notification is in respect of a holding of the person referred to in 3) or 4) above or in respect of a non-beneficial interest (3)

NOTIFICATION RELATES TO A HOLDING OF THE PERSON NAMED IN 3) ABOVE

6) Description of shares (including class), debentures or derivatives or financial instruments relating to shares

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

8) State the nature of the transaction

9) Number of shares, debentures or financial instruments relating to shares acquired

10) Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

11) Number of shares, debentures or financial instruments relating to shares disposed

12) Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

13) Price per share or value of transaction

14) Date and place of transaction

15) Total holding following notification and total percentage holding following notification (any treasury shares of that class should not be taken into account when calculating percentage)

16) Date issuer informed of transaction

If a person discharging managerial responsibilities has been granted options by the issuer please complete the following boxes

17) Date of grant

31 JANUARY 2013

18) Period during which or date on which it can be exercised

31 JANUARY 2016

19) Total amount paid (if any) for grant of the option

NIL

20) Description of shares or debentures involved (class and number)

CONDITIONAL AWARD OF 114,213 1P ORDINARY SHARES UNDER THE CHEMRING GROUP PERFORMANCE SHARE PLAN 2006

21) Exercise price (if fixed at time of grant) or indication that priceis to be fixed at time of exercise

NIL

22) Total number of shares or debentures over which options heldfollowing this notification

218,930 1P ORDINARY SHARES

23) Any additional information

24) Name of contact and telephone number for queriesHELEN MARSH 01489 88188025) Name and signature of duly authorised officer of the issuer responsible formaking this notification

HELEN MARSH

Date of Notification: 01 FEBRUARY 2013