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Elementis PLC (ELM)

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Friday 28 April, 2000

Elementis PLC

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