Holding(s) in Company

Elementis PLC
7 March 2002



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

ELEMENTIS PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

SCHRODER INVESTMENT MANAGEMENT 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



10)  Date of transaction



11)  Date company informed

6 MARCH 2002

12)  Total holding following this notification

49,119,088
               
13)  Total percentage holding of issued class following this notification

11.381%

14)  Any additional information



15)  Name of contact and telephone number for queries

PENNY WATSON
01784 22 4373

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

PHILIP BROWN - COMPANY SECRETARY

     Date of Notification ........7 MARCH 2002 ................



LETTER TO:  ELEMENTIS PLC 

DATED:  6 MARCH 2002


5p ORDINARY SHARES ('SHARES')

We write to advise you that we, Schroder Investment Management Limited, have an
interest in 46,119,088 shares which are held in portfolios managed by us on a
discretionary basis for clients under investment management agreements.


Included in this figure are:-

(i)  3,777,200 shares registered or to be registered in the name of our
     wholly-owned subsidiary nominee company, Schroder Nominees Limited
     (Schroder Nominees),

(ii) 26,535,924 shares held in (a) unit trust(s) operated and managed by
     another wholly-owned subsidiary, Schroder Unit Trusts Limited (SUTL), and
     registered or to be registered in the name of Chase Nominee and,

(iii) 15,805,964 shares neither registered nor to be registered in the name of
      Schroder Nominees. The registration details are shown on the schedule 
      below.


An affiliated company, Schroder Investment Management North America Inc (SIMNA
Inc), is managing a portfolio on a similar basis holding a further 3,000,000
shares.  This holding is registered or to be registered in the name of Chase
Nominees Limited.

We believe that we, our subsidiary and affiliated company are therefore
interested in an overall aggregate of 49,119,088 shares, representing some
11.381% of the total number of shares in issue, namely 431,575,581.


This notification is made to you:

(a) in respect of our interest as investment managers and also by virtue of the
    fact that we are the parent company of SIMNA and SUTL.

(b) on behalf of SIMNA Inc and SUTL in relation to the interests they are 
    treated as having respectively under the Companies Act 1985 (the Act), and

(c) on behalf of Schroders plc., our holding company, which is treated as
    having an interest in all of the above shares under the Act by virtue of
    its ownership of SIMNA Inc and ourselves.


FROM:    SCHRODER INVESTMENT MANAGEMENT LIMITED 



                                  SCHEDULE

                
                            5p ORDINARY SHARES

REGISTRATION                                              AMOUNT

CHASE NOMINEES LIMITED                                   3,990,000
IMPERIAL PENSIONS NOMINEES LIMITED                       3,207,036
MINEWORKES' PENSION SCHEME A/C: R                        2,762,374
BRITISH COAL STAFF SUPERANNUATION A/C: P                 5,846,554
                                                        15,805,964




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