Chairman's AGM Statement

Elementis PLC 28 April 2000 ELEMENTIS plc CHAIRMAN'S STATEMENT AT TODAY'S ANNUAL GENERAL MEETING Commenting on current trading at today's Annual General Meeting, Jonathan Fry, Chairman of Elementis plc said: 'Elementis has seen an encouraging start to 2000 with sales for the first quarter up 8 per cent year on year and operating profit before goodwill and exceptionals up by a commensurate amount. Chromium continues to benefit from the introduction of our chromic acid product, CA21, into the metal finishing market, although trading conditions in leather tanning and metal alloys for aerospace markets remain difficult. There are signs that a number of Asian economies are improving, particularly benefiting Pigments & Specialties. The continuing weakness of the euro however remains a concern. The Group- wide focus on business re-engineering should increasingly be reflected in enhanced performance as the year progresses.' Enquiries Elementis Lyndon Cole Group Chief Executive 020 7398 1400 George Fairweather Group Finance Director Anna Passey Head of Corporate Communications Brunswick Andrew Fenwick 020 7404 5959 Rupert Young

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