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Elementis PLC (ELM)

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Monday 02 October, 2006

Elementis PLC

Redeemable B Shares

Elementis PLC
02 October 2006

Elementis PLC ('the Company')

Redemption of Redeemable B Shares 

The Company announces the mandatory redemption of all the outstanding Redeemable
B shares of 1.0 pence each in the capital of the Company at par value on 2
November 2006. The redemption applies to all Redeemable B Shares in issue.

In accordance with its Articles of Association, the Company has the option of
redeeming all outstanding Redeemable B Shares on or after 27 April 2005.

The redemption will not affect B shareholders right (where applicable) to
receive the final dividend on the Redeemable B Shares for the six month period
ending on 2 November 2006.

The following table sets out the timing of the Redemption and the B Preferential

01 November 2006 Record date for the Redemption of Redeemable B Shares
---------------  ------------------------------------
02 November 2006 Payment of B Preferential Dividend
---------------  ------------------------------------
02 November 2006 Redemption of Redeemable B Shares
---------------  ------------------------------------
02 November 2006 CREST accounts credited (as applicable) with the proceeds from
---------------  the Redemption
by 10 November   Cheques posted to holders of Redeemable B Shares held in
2006             certificated form
---------------  ------------------------------------

Jennifer Murphy

Company Secretary

02 October 2006

                      This information is provided by RNS
            The company news service from the London Stock Exchange