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Elementis PLC (ELM)

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Thursday 25 November, 1999

Elementis PLC

Dealings by Substantial Shareholders

Elementis PLC
25 November 1999


The following alteration should be made to the Elementis PLC - Dealings by
Substantial Shareholders announcement released today at 16:41 under RNS No
4504b. 

The total of the percentage of class in the Schedule of Registered Holdings
should read 20.1647% and not 10.1647% as previously shown.

The full corrected version is shown below.


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

ELEMENTIS PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

FRANKLIN RESOURCES INC

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18



4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

PLEASE SEE BELOW

5)   Number of shares/amount of stock acquired.

PLEASE SEE BELOW

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY SHARES OF 5P

10)  Date of transaction

23 NOVEMBER 1999

11)  Date company informed

25 NOVEMBER 1999

12)  Total holding following this notification

87,002,810 ORDINARY SHARES OF 5P               
              
13)  Total percentage holding of issued class following this notification

20.16%

14)  Any additional information



15)  Name of contact and telephone number for queries

KERIN WILLIAMS  0207 398 1439

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification ...25 NOVEMBER 1999......



Letter to:  Elementis Plc

S.198 Companies Act - Disclosure of Share Interests

We are acting on behalf of Franklin Resources, Inc. and its affiliates, which
includes Franklin Mutual Advisers, Inc and Templeton Worldwide, Inc. and its
affiliates.  Franklin Resources, Inc. and its affiliates perform investment
management and advisory services for clients on a global basis.

We wish to advise you of interests in the share capital of your Company under
management of Franklin Resources, Inc. and its affiliates on behalf of clients,
below is a copy of Form SAR 3 in respect of dealings in relevant securities of
the Company which was faxed to the Stock Exchange today.

If you have any questions regarding this disclosure, please contact Kristina
Perez at 954-527-7465 or Colleen Lightbourne at 954-527-7588.  You may also
contact either individual by facsimile at 954-527-2160.

Letter from:  Franklin Resources, Inc.


                                SCHEDULE
                              Elementis plc

                                 Outstanding Shares         431,462,000

Registered Holder                  No. of Shares              % of Class

Chase Nominees Ltd                 72,998,659                 16.9189%
Bank of New York Europe Ltd         3,244,313                  0.7519%
Bankers Trust Company                  95,508                  0.0221%
Northern Trust Company                364,145                  0.0844%
State Street Nominees Limited       1,795,000                  0.4160%
Bank of New York (BONY)             4,812,096                  1.1153%
Citibank Nominees Ltd.                116,986                  0.0271%
Merrill Lynch                       1,417,118                  0.3284%
Lloyds Bank PLC                        20,105                  0.0047%
Midland Bank PLC                    2,138,880                  0.4957%

TOTAL                              87,002,810                 20.1647%