Holding in Company

Elementis PLC
7 September 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

     07 SEPT 2000

11)  Date company informed

     07 SEPT 2000

12)  Total holding following this notification

     71,550,137 ORDINARY SHARES OF 5P
               
              
13)  Total percentage holding of issued class following this notification

     16.58%

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 .....7 SEPTEMBER 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            163,200                      0.0378%

Bankers Trust Company                  828,600                      0.1920% 

Northern Trust Company                 195,682                      0.0454% 

State Street Nominees Limited        2,445,000                      0.5667%

Bank of New York (BONY)                627,958                      0.1455% 

HSBC Bank                            1,562,280                      0.3621%

Royal Trust Corpoation of Canada       264,720                      0.0614%     
                  
Midland Bank PLC                       135,600                      0.0314%
                       
TOTAL                               71,550,137                     16.5831%