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Elementis PLC (ELM)

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Thursday 29 October, 2009

Elementis PLC

Holding(s) in Company





+------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+------------------------------------------------+



+-------------------------------------------------------------------+
| 1. Identity of the issuer or the underlying       | Elementis plc |
| issuer of existing shares to which voting rights  |               |
| are attached:                                     |               |
+-------------------------------------------------------------------+



+-------------------------------------------------------------------+
| 2 Reason for the notification (please tick the appropriate box or |
| boxes):                                                           |
|-------------------------------------------------------------------|
|                                                               |   |
| An acquisition or disposal of voting rights                   | X |
|---------------------------------------------------------------+---|
|                                                               |   |
| An acquisition or disposal of qualifying financial            |   |
| instruments which may result in the acquisition of shares     |   |
| already issued to which voting rights are attached            |   |
|---------------------------------------------------------------+---|
|                                                               |   |
| An acquisition or disposal of instruments with similar        |   |
| economic effect to qualifying financial instruments           |   |
|---------------------------------------------------------------+---|
|                                                               |   |
| An event changing the breakdown of voting rights              |   |
|---------------------------------------------------------------+---|
|                                           |                   |   |
| Other (please specify):                   |                   |   |
+-------------------------------------------------------------------+



+-------------------------------------------------------------------+
| 3. Full name of person(s) subject   | Lloyds Banking Group plc    |
| to the notification obligation:     |                             |
|                                     |                             |
|-------------------------------------+-----------------------------|
| 4. Full name of shareholder(s) (if  | See Section 9               |
| different from 3.):                 |                             |
|                                     |                             |
|-------------------------------------+-----------------------------|
| 5. Date of the transaction and date | 27 October 2009             |
| on which the threshold is crossed   |                             |
| or reached:                         |                             |
|                                     |                             |
|-------------------------------------+-----------------------------|
| 6. Date on which issuer notified:   | 28 October 2009             |
|                                     |                             |
|-------------------------------------+-----------------------------|
| 7. Threshold(s) that is/are crossed | Direct/Indirect decrease to |
| or reached:                         | below 7%                    |
|                                     |                             |
+-------------------------------------------------------------------+



+-------------------------------------------------------------------------------+
|8. Notified details:                                                           |
|-------------------------------------------------------------------------------|
|A: Voting rights attached to shares                                            |
|                                                                               |
|-------------------------------------------------------------------------------|
|Class/type of    |Situation        |Resulting situation after the triggering   |
|shares           |previous         |transaction                                |
|if possible using|to the triggering|                                           |
|the ISIN CODE    |transaction      |                                           |
|                 |-----------------+-------------------------------------------|
|                 |Number  |Number  |Number|Number of voting|% of  voting rights|
|                 |of      |of      |of    |rights          |                   |
|                 |Shares  |Voting  |shares|                |                   |
|                 |        |Rights  |------+----------------+-------------------|
|                 |        |        |Direct|Direct |Indirect|Direct  |Indirect  |
+-------------------------------------------------------------------------------+

+-------------------------------------------------------------------------------------------+
|              |            |            |         |         |            |        |        |
|Ord.5p        |35,997,040  |35,997,040  |705,028  |705,028  |29,210,214  |0.157%  |6.519%  |
|ISIN          |            |            |         |         |            |        |        |
|GB0002418548  |            |            |         |         |            |        |        |
+-------------------------------------------------------------------------------------------+



+-------------------------------------------------------------------+
| B: Qualifying Financial Instruments                               |
|-------------------------------------------------------------------|
| Resulting situation after the triggering transaction              |
|                                                                   |
|-------------------------------------------------------------------|
| Type of    | Expiration | Exercise/  | Number of voting  | % of   |
| financial  | date       | Conversion | rights that may   | voting |
| instrument |            | Period     | be                | rights |
|            |            |            | acquired if the   |        |
|            |            |            | instrument is     |        |
|            |            |            | exercised/        |        |
|            |            |            | converted.        |        |
|            |            |            |                   |        |
|------------+------------+------------+-------------------+--------|
| N/A        |            |            |                   |        |
+-------------------------------------------------------------------+



+--------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial   |
|Instruments                                                                     |
|--------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                            |
|                                                                                |
|--------------------------------------------------------------------------------|
|Type of       |Exercise  |Expiration  |Exercise/   |Number of   |% of voting    |
|financial     |price     |date        |Conversion  |voting      |rights         |
|instrument    |          |            |period      |rights      |               |
|              |          |            |            |instrument  |               |
|              |          |            |            |refers to   |               |
|--------------+----------+------------+------------+------------+---------------|
|              |          |            |            |            |Nominal |Delta |
|              |          |            |            |            |        |      |
|              |          |            |            |            |--------+------|
|              |          |            |            |            |        |      |
+--------------------------------------------------------------------------------+



+-------------------------------------------------------+
| Total (A+B+C)                                         |
|                                                       |
|-------------------------------------------------------|
| Number of voting rights | Percentage of voting rights |
|-------------------------+-----------------------------|
| 29,915,242              | 6.676%                      |
+-------------------------------------------------------+



+-------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting      |
| rights and/or the                                                 |
| financial instruments are effectively held, if applicable:        |
|-------------------------------------------------------------------|
| 22,854,248 shares (5.100%) are held by State Street Nominees Ltd. |
| Shares are under the control of Scottish Widows Investment        |
| Partnership Ltd, a wholly owned subsidiary of Scottish Widows     |
| Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a    |
| wholly owned subsidiary of Lloyds Banking Group plc (Indirect     |
| Interests).                                                       |
|                                                                   |
| 6,526,066 shares (1.456%) are under the control of Insight        |
| Investment Management (Global) Limited, a wholly owned subsidiary |
| of Insight Investment Management Limited, a wholly owned          |
| subsidiary of HBOS Insurance & Investment Group Limited, a wholly |
| owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds |
| Banking Group plc (Direct/Indirect Interests).                    |
|                                                                   |
+-------------------------------------------------------------------+



+-------------------------------------------------------------------+
| Proxy Voting:                                                     |
|                                                                   |
|-------------------------------------------------------------------|
| 10. Name of the proxy holder:                               | N/A |
|                                                             |     |
|-------------------------------------------------------------+-----|
| 11. Number of voting rights proxy holder will cease to      | N/A |
| hold:                                                       |     |
|                                                             |     |
|-------------------------------------------------------------+-----|
| 12. Date on which proxy holder will cease to hold voting    | N/A |
| rights:                                                     |     |
|                                                             |     |
+-------------------------------------------------------------------+



+-------------------------------------------------------------------+
| 13. Additional information: | Notification using the total voting |
|                             | rights figure of 448,083,403        |
|-----------------------------+-------------------------------------|
| 14. Contact name:           |  Matthew Wilson                     |
|                             |                                     |
|-----------------------------+-------------------------------------|
| 15. Contact telephone       | 0113 235 7729                       |
| number:                     |                                     |
|                             |                                     |
+-------------------------------------------------------------------+


This notification is made in accordance with Rule 5.8.12 R(1) of the
Disclosure and Transparency Rules sourcebook.

Wai Wong
Company Secretary
020 7408 9303

29 October 2009

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