Treasury Stock

27 August 2008

Churchill China PLC (the 'Company')

Treasury Stock

The Company announces that following an exercise of options on 26 August 2008, under the Company's Unapproved Share Option Scheme, at a price of 171 pence per ordinary share, the Company transferred 4,000 ordinary shares of 10 pence each ('Ordinary Shares') out of treasury.

As a result of this transaction, the issued share capital of the company consists of 10,902,476 Ordinary Shares with voting rights and 45,400 treasury shares.

For further information, please contact:

Churchill China plc                                          Tel No: 01782 577566

Andrew Roper/David Taylor

Brewin Dolphin Investment Banking                Tel No: 0845 270 8610

Andrew Emmott

ENDS

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