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Elementis PLC (ELM)

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Friday 26 October, 2001

Elementis PLC

Holding in Company

Elementis PLC
25 October 2001

                                  SCHEDULE 10
                    NOTIFICATION OF MAJOR INTERESTS IN SHARES


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.



6)   Percentage of issued Class

7)   Number of shares/amount of stock disposed

     PLEASE SEE BELOW

8)   Percentage of issued Class

9)   Class of security

     ORDINARY SHARES OF 5P

10)  Date of transaction

     24/10/01

11)  Date company informed

     25/10/01

12)  Total holding following this notification

     17,191,796
               
13)  Total percentage holding of issued class following this notification

     3.98%

14)  Any additional information



15)  Name of contact and telephone number for queries

     PHILIP BROWN
     020 7398 1400

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

     Date of Notification ....25 OCTOBER 2001....................



                               SCHEDULE
 
                             Elementis plc

                           Outstanding Shares                    431,463,000

Registered Holder                   No. of Shares                 % of Class

Chase Nominees Ltd                     16,979,737                    3.9354%

Bankers Trust Company                     178,248                    0.0413%

Royal Trust Corporation of Canada          18,759                    0.0043%

Clydesdale Bank Plc                        15,052                    0.0035%

TOTAL                                  17,191,796                    3.9845%