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Elementis PLC (ELM)

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Tuesday 13 August, 2002

Elementis PLC

Holding(s) in Company

Elementis PLC
13 August 2002

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

ELEMENTIS PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

SCHRODER INVESTMENT MANAGEMENT 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.

PLEASE SEE BELOW

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

PLEASE SEE BELOW

8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY SHARES OF 5P

10)  Date of transaction

12 AUGUST 2002

11)  Date company informed

13 AUGUST 2002

12)  Total holding following this notification

51,644,195
               
13)  Total percentage holding of issued class following this notification

11.966%

14)  Any additional information



15)  Name of contact and telephone number for queries

PENNY WATSON           01784 224373

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

     Date of Notification 13 AUGUST 2002.............


Letter to:  Elementis Plc

Dated: 12 August 2002


5p ORDINARY SHARES ('SHARES')


We write to advise you that we, Schroder Investment Management Limited, have
an interest in 46,144,195 shares which are held in portfolios managed by us on
a discretionary basis for clients under investment management agreements.

Included in this figure are:

(i)       3,756,900 shares registered or to be registered in the name of our
          wholly-owned subsidiary nominee company, Schroder Nominees Limited
          (Schroder Nominees),

(ii)      26,281,331 shares held in (a) unit trust(s) operated and managed by an
          affiliated company, Schroder Unit Trusts Limited (SUTL), and
          registered or to be registered in the name of Chase Nominee and.

(iii)     16,105,964  shares  neither  registered nor to be registered in the
          name of Schroder Nominees. The registration details are shown on the
          schedule below.

An affiliated company, Schroder Investment Management North America Inc (SIMNA
Inc), is managing a portfolio on a similar basis holding a further 5,500,000
shares.  This holding is registered or to be registered in the name of Chase
Nominees Limited.

We  believe that we, our subsidiary and affiliated company are therefore
interested in an overall aggregate of 51,644,195 shares, representing some
11.966% of the total number of shares in issue, namely 431,575,581.

This notification is made to you:

(a)  in respect of our interest as investment managers,

(b)  on  behalf of SIMNA Inc and SUTL in relation to the interests they are
     treated as having respectively under the Companies Act 1985 (the Act), and

(c)  on  behalf of Schroders plc., our holding company, which is  treated as
     having an interest in all of the above shares under the Act by virtue of
     its ownership of SIMNA Inc, SUTL and ourselves.

We shall be grateful if you will kindly confirm the total number of shares
currently in issue.

Letter from: Schroders

                           5P ORDINARY SHARES
                               SCHEDULE

REGISTRATION                                            AMOUNT

Chase Nominees Limited                                 3,990,000
Imperial Pensions Nominees Limited                     3,507,036
Mineworkes' Pension Scheme a/c: R                      2,762,374
British Coal Staff Superannuation a/c: P               5,846,554

                                                      16,105,964


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