Holding in Company
Elementis PLC
13 September 2000
DEALINGS BY SUBSTANTIAL SHAREHOLDERS
1) NAME OF COMPANY
ELEMENTIS PLC
2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
SILCHESTER INTERNATIONAL INVESTORS 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.
SEE BELOW
5) Number of shares/amount of stock acquired.
SEE BELOW
6) ( N/A %) of issued Class
7) Number of shares/amount of stock disposed
8) ( N/A %) of issued Class
9) Class of security
ORDINARY SHARES OF 5P
10) Date of transaction
08 SEPT 2000
11) Date company informed
13 SEPT 2000
12) Total holding following this notification
47,692,570 ORDINARY SHARES OF 5P
13) Total percentage holding of issued class following this notification
11.05%
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 ...13 SEPTEMBER 2000.........................
LETTER TO: ELEMENTIS
We act as an Investment Manager for a number of large institutional investors
and for a number of commingled funds. In acting for our Clients, we are given
full discretion over the investments, and are empowered to vote on their behalf.
However, we do not act as their Custodian, and therefore shares are not held in
our name, but in the nominee name of their Custodian Bank.
Recent purchases of shares in your company by ourselves, on behalf of our
clients, have resulted in our having control over the following shares (also see
below):
SILCHESTER: 47,692,570 Ordinary Shares
Our records show that you have the following shares in that class
ELEMENTIS: 431,400,000 Ordinary Shares
As such, we exercise control over 11.06% of the shares of that class.
Company: Elementis Address One Great Tower Street
Share Class ORD London
EC3R 5AH
Issued Shares 431,400,000 Attention: Company Secretary
% of Class
SII Ownership: 47,692,570 11.06 Date: 8th September 2000
SII Account Nominee % Share Holding Voting Authority
GROUP Northern Trust Co 2.93 12,652,605 YES
GTINV Northern Trust Co 0.15 631,000 YES
LICRF Bankers Trust 0.22 961,000 YES
MOSER Bankers Trust 0.66 2,845,000 YES
PATCH Northern Trust Co 0.31 1,323,500 YES
SBC Mellon Trust 0.29 1,271,000 YES
SIEBT Northern Trust Co 5.59 24,110,550 YES
SOLAR Daiwa Europe Bank 0.15 655,000 YES
TEXAS Northern Trust Co 0.33 1,406,000 YES
TRUST Bank of Bermuda 0.18 774,895 YES
VITAL Northern Trust Co 0.25 1,062,020 YES
TOTAL 47,692,570
LETTER FROM: SILCHESTER INTERNATIONAL INVESTORS LIMITED