Corporate Action

Elementis PLC
4 April 2001

CAPITALISATION ISSUE
SECURITY TITLE
*Ord Shs
MNEMONIC CODE        *ELM
SEDOL CODE           *241-854
TERMS                *3.3 Redeemable B Shares for every 1 Ordinary Share held.
DEALINGS COMMENCE NEW SHARES *02-05-01
PROVISIONAL EX DATE  *02-05-01
RECORD DATE          *26-04-01
NOTES *