Holding in Company

Elementis PLC
4 June 2001



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

ELEMENTIS PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

SILCHESTER INTERNATIONAL INVESTORS LTD

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.

PLEASE 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

1ST JUNE 2001

11)  Date company informed

4TH JUNE 2001

12)  Total holding following this notification

62,609,764
               
              
13)  Total percentage holding of issued class following this notification

14.51%

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 ..4TH JUNE 2001.............


Letter to: Elementis

lst June 2001


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/sales 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:                     62,609,764                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 14.51% of the shares of that class.

Letter from:   Silchester International Investors Limited 


Share Class:      ORD

Issued Shares:    431,400,000

                                        % of Class
SII Ownership:     62,609,764            14.51          Date:  1st June 2001

SII Account      Nominees              %      Share Holding   Voting Authority
    
GROUP            Northern Trust Co     3.68     15,877,605           YES
GTINV            Northern Trust Cc     0.20        843,000           YES
LICRF            Bankers Trust         0.26      1,140,000           YES
MOSER            Bankers Trust         0.81      3,487,000           YES
PATCH            Northern Trust Co     0.42      1,831,500           YES
SBC              Mellon Trust          0.39      1,701,000           YES
SIEBT            Northern Trust Co     7.55     32,581,744           YES
SOLAR            Daiwa Europe Bank     0.17        747,000           YES
TEXAS            Northern Trust Co     0.44      1,904,000           YES
TRUST            Northern Trust Co     0.25      1,073,895           YES
VITAL            Northern Trust  Co    0.33      1,423,020           YES

TOTAL:                                          62,609,764