Holding in Company

Elementis PLC
18 August 2000


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


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)   ( 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

17 AUGUST 2000 


11)  Date company informed

18 AUGUST 2000 


12)  Total holding following this notification

74,128,018 ORDINARY SHARES OF 5p
               
              
13)  Total percentage holding of issued class following this notification

17.18%


14)  Any additional information



15)  Name of contact and telephone number for queries

KERIN WILLIAMS  0207 398 1439


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

     Date of Notification ... 18 AUGUST 2000 ....


                                  SCHEDULE 

                                Elementis plc

                              Outstanding Shares               431,463,000

              
Registered Holder                   No. of Shares               % of Class


Chase Nominees Ltd                   65,327,097                  15.1408%

Bank of New York Europe Ltd           2,869,630                   0.6651%

Bankers Trust Company                   925,962                   0.2146%

Northern Trust Company                  195,682                   0.0454%

State Street Nominees Limited         2,445,000                   0.5667%

Bank of New York (BONY)                 646,272                   0.1498%

HSBC Bank                             1,562,280                   0.3621%

Deutsche Bank AG                         20,495                   0.0048%

Midland Bank PLC                        135,600                   0.0314%

TOTAL                                74,128,018                  17.1806%