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Elementis PLC (ELM)

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Wednesday 13 September, 2000

Elementis PLC

Holding in Company

Elementis PLC
13 September 2000


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     ELEMENTIS PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     SILCHESTER INTERNATIONAL INVESTORS LIMITED

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.

     SEE BELOW

5)   Number of shares/amount of stock acquired.

     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

     08 SEPT 2000

11)  Date company informed

     13 SEPT 2000

12)  Total holding following this notification

     47,692,570 ORDINARY SHARES OF 5P
               
              
13)  Total percentage holding of issued class following this notification

     11.05%

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 ...13 SEPTEMBER 2000.........................



LETTER TO:        ELEMENTIS

We act as an Investment Manager for a number of large institutional investors
and for a number of commingled funds. In acting for our Clients, we are given
full discretion over the investments, and are empowered to vote on their behalf.
However, we do not act as their Custodian, and therefore shares are not held in
our name, but in the nominee name of their Custodian Bank.

Recent purchases of shares in your company by ourselves, on behalf of our
clients, have resulted in our having control over the following shares (also see
below):

SILCHESTER:                 47,692,570               Ordinary Shares

Our records show that you have the following shares in that class

ELEMENTIS:                 431,400,000               Ordinary Shares

As such, we exercise control over 11.06% of the shares of that class.


Company:          Elementis               Address     One Great Tower Street
Share Class       ORD                                 London
                                                      EC3R 5AH

Issued Shares     431,400,000             Attention:  Company Secretary
                              % of Class            
SII Ownership:     47,692,570     11.06     Date:      8th September 2000


SII Account       Nominee            %      Share Holding      Voting Authority

GROUP            Northern Trust Co   2.93      12,652,605             YES
GTINV            Northern Trust Co   0.15         631,000             YES
LICRF            Bankers Trust       0.22         961,000             YES
MOSER            Bankers Trust       0.66       2,845,000             YES
PATCH            Northern Trust Co   0.31       1,323,500             YES
SBC              Mellon Trust        0.29       1,271,000             YES
SIEBT            Northern Trust Co   5.59      24,110,550             YES
SOLAR            Daiwa Europe Bank   0.15         655,000             YES
TEXAS            Northern Trust Co   0.33       1,406,000             YES
TRUST            Bank of Bermuda     0.18         774,895             YES
VITAL            Northern Trust Co   0.25       1,062,020             YES

TOTAL                                          47,692,570


LETTER FROM:    SILCHESTER INTERNATIONAL INVESTORS LIMITED