Holding in Company

Elementis PLC
17 April 2001


                  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

12TH APRIL 2001

11)  Date company informed

16TH APRIL 2001

12)  Total holding following this notification

35,705,686
               
13)  Total percentage holding of issued class following this notification

8.28%

14)  Any additional information



15)  Name of contact and telephone number for queries

KERIN WILLIAMS
020 7398 1439

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

P. D. BROWN
COMPANY SECRETARY

     Date of Notification  17th APRIL 2001



Letter to Elementis Plc

Dated 16 April, 2001

S.198 Companies Act - Disclosure of Share Interests

We are acting on behalf of Franklin Resources, Inc. and its affiliates, which
includes Mutual Advisers, LLC and Templeton Worldwide, Inc. and its affiliates.
Franklin Resource, Inc. and its affiliates perform investment management and
advisory services for clients on a global basis.

We wish to advise you of interests in the share capital of your Company under
management of Franklin Resources, Inc. and its affiliates on behalf of clients,
as detailed in the schedule below.

Letter from Franklin Resources, Inc.


  
                               SCHEDULE
                             
                             Elementis plc

                     Outstanding Shares   431,463,000

Registered Holder                    No. of Shares          % of Class

Chase Nominees Ltd                     33,853,286             7.8462%
Bankers Trust Company                     558,600             0.1295%
State Street Nominees Limited              98,200             0.0228%
HSBC Bank                                 955,280             0.2214%
Royal Trust Corporation of Canada         159,720             0.0370%
Midland Bank PLC                           80,600             0.0187%

TOTAL                                  35,705,686             8.2755%