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Elementis PLC (ELM)

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Wednesday 06 December, 2000

Elementis PLC

Stmnt re Share Price Movement

Elementis PLC
6 December 2000


RECENT RISE IN ELEMENTIS plc's SHARE PRICE

The Board of Elementis notes the recent rise in the Company's share price and
press speculation concerning a potential offer for the Company.  The Board
confirms that it has received a speculative approach from a financial buyer
concerning its potential interest in making an offer for the Company.  The
Board is considering the most appropriate means of maximising value for
shareholders.


Enquiries

Elementis plc                                                 020 7398 1400
Lyndon Cole                    Group Chief Executive
George Fairweather             Group Finance Director
Anna Passey                    Head of Corporate Communications

Schroder Salomon Smith Barney                                 020 7986 4000
Philip Robert-Tissot
William Barter

Brunswick Group Limited                                       020 7404 5959
Andrew Fenwick
Rupert Young