Share Buy Back (26 Jun 2006)

The Character Group plc (the 'Company')

Share Buyback and Holding in Company

The Company advises that is has today purchased through Charles Stanley Securities 5,015,000 ordinary shares in the Company at a price of 58 pence per share. Of the total shares repurchased, 4,015,000 ordinary shares are for cancellation and 1,000,000 ordinary shares are to be held as treasury shares.

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