+-------------------------------------------------------------------+
| |
|-------------------------------------------------------------------|
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
|-------------------------------------------------------------------|
| | |
|-------------------------------------------+-----------------------|
| 1. Identity of the issuer or the | |
| underlying issuer | Elementis Plc |
| of existing shares to which voting rights | |
| are | |
| attached: ii | |
|-------------------------------------------------------------------|
| 2 Reason for the notification (please tick the appropriate box or |
| boxes): |
|-------------------------------------------------------------------|
| An acquisition or disposal of voting rights | YES |
|------------------------------------------------------+------------|
| An acquisition or disposal of qualifying financial | |
| instruments which may result in the acquisition of | |
| shares already issued to which voting rights are | |
| attached | |
|------------------------------------------------------+------------|
| An acquisition or disposal of instruments with | |
| similar economic effect to qualifying financial | |
| instruments | |
|------------------------------------------------------+------------|
| An event changing the breakdown of voting rights | |
|------------------------------------------------------+------------|
| Other (please specify): | | |
|-------------------------------------------------------------------|
| 3. Full name of person(s) subject | JPMorgan Asset Management |
| to the | Holdings Inc. |
| notification obligation: iii | |
|-----------------------------------+-------------------------------|
| 4. Full name of shareholder(s) | JPMorgan Asset Management |
| (if different from 3.):iv | (UK) Limited |
| | |
|-----------------------------------+-------------------------------|
| 5. Date of the transaction and | |
| date on | 02 December 2009 |
| which the threshold is crossed or | |
| reached: v | |
|-----------------------------------+-------------------------------|
| 6. Date on which issuer notified: | 03 December 2009 |
|-----------------------------------+-------------------------------|
| 7. Threshold(s) that is/are | |
| crossed or | 5% upwards |
| reached: vi, vii | |
+-------------------------------------------------------------------+
+------------------------------------------------------------------------------------------------------+
|8. Notified details: |
|------------------------------------------------------------------------------------------------------|
|A: Voting rights attached to shares viii, ix |
|------------------------------------------------------------------------------------------------------|
|Class/type of |Situation previous |Resulting situation after the triggering transaction|
|shares |to the triggering | |
|if possible |transaction | |
|using |---------------------------------+----------------------------------------------------|
|the ISIN CODE |Number |Number |Number |Number of voting |% of voting rights x|
| |of |of |of shares |rights | |
| |Shares |Voting |----------+-------------------+---------------------|
| | |Rights |Direct |Direct|Indirect xii|Direct |Indirect |
| | | | |xi | | | |
|---------------+-----------------+---------------+----------+------+------------+----------+----------|
|GB0002418548 |22,035,867 |22,035,867 | | |22,480,841 | |5.02% |
|---------------| | | | | | | |
| | | | | | | | |
|------------------------------------------------------------------------------------------------------|
| |
|------------------------------------------------------------------------------------------------------|
|B: Qualifying Financial Instruments |
|------------------------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction |
|------------------------------------------------------------------------------------------------------|
|Type of financial |Expiration |Exercise/ |Number of voting |% of voting |
|instrument |date xiii |Conversion Period xiv |rights that may be |rights |
| | | |acquired if the | |
| | | |instrument is | |
| | | |exercised/ converted. | |
|------------------------+--------------+------------------------+----------------------+--------------|
| | | | | |
|------------------------------------------------------------------------------------------------------|
| |
|------------------------------------------------------------------------------------------------------|
|C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
|------------------------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction |
|------------------------------------------------------------------------------------------------------|
|Type of |Exercise price |Expiration|Exercise/ |Number of voting rights|% of voting rights|
|financial | |date xvii |Conversion |instrument refers to |xix, xx |
|instrument | | |period xviii | | |
|----------------+----------------+----------+--------------+-----------------------+------------------|
| | | | | |Nominal |Delta |
| | | | | |----------+-------|
| | | | | | | |
|------------------------------------------------------------------------------------------------------|
| |
|------------------------------------------------------------------------------------------------------|
|Total (A+B+C) |
|------------------------------------------------------------------------------------------------------|
|Number of voting rights |Percentage of voting rights |
|------------------------------------------------------+-----------------------------------------------|
|22,480,841 |5.02% |
+------------------------------------------------------------------------------------------------------+
+-------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting |
| rights and/or the |
| financial instruments are effectively held, if applicable: xxi |
|-------------------------------------------------------------------|
| Total disclosable holding for JPMorgan Asset Management Holdings |
| Inc : 22,480,841 (5.02%) |
| JPMorgan Asset Management (UK) Limited: 22,480,841 (5.02%) |
| |
|-------------------------------------------------------------------|
| |
|-------------------------------------------------------------------|
| Proxy Voting: |
|-------------------------------------------------------------------|
| 10. Name of the proxy holder: | N/A |
|-----------------------------------------------------------+-------|
| 11. Number of voting rights proxy holder will cease | N/A |
| to hold: | |
|-----------------------------------------------------------+-------|
| 12. Date on which proxy holder will cease to hold | N/A |
| voting rights: | |
|-------------------------------------------------------------------|
| |
|-------------------------------------------------------------------|
| 13. Additional information: | N/A |
|----------------------------------------------+--------------------|
| 14. Contact name: | Tracey Young |
|----------------------------------------------+--------------------|
| 15. Contact telephone number: | 020 7777 0424 |
+-------------------------------------------------------------------+
+-------------------------------------------------------------------+
| Note: Annex should only be submitted to the FSA not the issuer |
|-------------------------------------------------------------------|
| Annex: Notification of major interests in sharesxxii |
|-------------------------------------------------------------------|
| |
|-------------------------------------------------------------------|
| A: Identity of the persons or legal entity subject to the |
| notification obligation |
|-------------------------------------------------------------------|
| Full name | |
| (including legal form of | JPMorgan Asset Management Holdings |
| legal entities) | Inc. |
| | |
|------------------------------+------------------------------------|
| Contact address | |
| (registered office for legal | 270 Park Avenue, New York, NY10017 |
| entities) | |
| | |
|------------------------------+------------------------------------|
| Phone number & email | 001 212 270 6000 |
| | |
|------------------------------+------------------------------------|
| Other useful information | |
| (at least legal | |
| representative for legal | N/A |
| persons) | |
| | |
|------------------------------+------------------------------------|
| | |
|-------------------------------------------------------------------|
| B: Identity of the notifier, if applicable |
|-------------------------------------------------------------------|
| Full name | Tracey Young |
| | |
|------------------------------+------------------------------------|
| Contact address | JPMorgan Chase, 13th Floor, 125 |
| | London Wall, London, EC2Y 5AJ |
|------------------------------+------------------------------------|
| Phone number & email | 020 7777 0424 |
| | tracey.l.young@jpmorgan.com |
|------------------------------+------------------------------------|
| Other useful information | |
| (e.g. functional | |
| relationship with the person | N/A |
| or legal entity subject to | |
| the notification obligation) | |
|-------------------------------------------------------------------|
| |
|-------------------------------------------------------------------|
| C: Additional information |
|-------------------------------------------------------------------|
| N/A |
|-------------------------------------------------------------------|
| This notification is made in accordance with Rule 5.8.12 R(1) of |
| the Disclosure and Transparency Rules sourcebook. |
| |
| Wai Wong |
| Company Secretary |
| 020 7408 9303 |
| |
| 3 December 2009 |
| |
+-------------------------------------------------------------------+
---END OF MESSAGE---
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