Holding(s) in Company

+------------------------------------------------+ | TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | +------------------------------------------------+ +----------------------------------------------------------------+-------------+ |1. Identity of the issuer or the underlying issuer of existing |Elementis plc| |shares to which voting rights are attached: | | +----------------------------------------------------------------+-------------+ +------------------------------------------------------------------------------+ |2 Reason for the notification (please tick the appropriate box or boxes): | +----------------------------------------------------------------------------+-+ |  | | |An acquisition or disposal of voting rights |X| +----------------------------------------------------------------------------+-+ |  | | |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 to the |Lloyds Banking Group plc | |notification obligation: | | |  | | +------------------------------------------+-----------------------------------+ |4. Full name of shareholder(s) (if |See Section 9 | |different from 3.): | | |  | | +------------------------------------------+-----------------------------------+ |5. Date of the transaction and date on |19 October 2010 | |which the threshold is crossed or reached:| | |  | | +------------------------------------------+-----------------------------------+ |6. Date on which issuer notified: |20 October 2010 | |  | | +------------------------------------------+-----------------------------------+ |7. Threshold(s) that is/are crossed or |Direct / Indirect holdings reduced | |reached: |to below 7% | |  | | +------------------------------------------+-----------------------------------+ +----------------------------------------------------------------------------------------+ |8. Notified details: | +----------------------------------------------------------------------------------------+ |A: Voting rights attached to shares | |  | +-------------+-----------------------+--------------------------------------------------+ |Class/type of|Situation previous |Resulting situation after the triggering | |shares |to the triggering |transaction | | |transaction | | |if possible +------------+----------+----------+----------------------+----------------+ |using |Number |Number |Number |Number of voting |% of  voting | |the ISIN CODE|of |of |of shares |rights |rights | | |Shares |Voting +----------+----------+-----------+-------+--------+ | | |Rights |Direct |Direct |Indirect |Direct |Indirect| +-------------+-----------++----------+----------+----------+-----------+-------+--------+ |       |   |   |   |   |   |   |   | | Ord. 5p |   |   |   |   |   |   |   | | ISIN | 31,467,172| 31,467,172| 1,348,893| 1,348,893| 28,788,892| 0.301%| 6.420% | | GB0002418548| | | | | | | | +-------------+-----------+-----------+----------+----------+-----------+-------+--------+ +-------------------------------------------------------------------------+ |B: Qualifying Financial Instruments | +-------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | |  | +-----------------+----------+----------+---------------------+-----------+ |Type of financial|Expiration|Exercise/ |Number of voting |% of voting| |instrument |date |Conversion|rights that may be |rights | | | |Period |acquired if the | | | | | |instrument is | | | | | |exercised/ converted.| | | | | |  | | +-----------------+----------+----------+---------------------+-----------+ |N/A |  |  |  |  | +-----------------+----------+----------+---------------------+-----------+ +------------------------------------------------------------------------------+ |C: Financial Instruments with similar economic effect to Qualifying Financial | |Instruments | +------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | |  | +---------------+--------+----------+----------+--------------+----------------+ |Type of |Exercise|Expiration|Exercise/ |Number of |% of voting | |financial |price |date |Conversion|voting |rights | |instrument | | |period |rights |  | | | | | |instrument | | | | | | |refers to | | +---------------+--------+----------+----------+--------------+-------+--------+ | | | | | |Nominal| Delta | | | | | | | |   | | | | | | +-------+--------+ |  |  |  |  |  |  |  | +---------------+--------+----------+----------+--------------+-------+--------+ +-------------------------------------------------------+ | Total (A+B+C) | |   | +-------------------------+-----------------------------+ | Number of voting rights | Percentage of voting rights | +-------------------------+-----------------------------+ | 30,137,785 | 6.721% | +-------------------------+-----------------------------+ +------------------------------------------------------------------------------+ |9. Chain of controlled undertakings through which the voting rights and/or the| |financial instruments are effectively held, if applicable: | +------------------------------------------------------------------------------+ |29,709,497 shares (6.625%) are under the control of Scottish Widows Investment| |Partnership Ltd, a wholly owned subsidiary of Scottish Widows Investment | |Partnership Group Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd,| |a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of| |Lloyds Banking Group plc (Indirect Interests). | |  | +------------------------------------------------------------------------------+ +------------------------------------------------------------------------+ | Proxy Voting: | |   | +------------------------------------------------------------------+-----+ | 10. Name of the proxy holder: | N/A | |   | | +------------------------------------------------------------------+-----+ | 11. Number of voting rights proxy holder will cease to hold: | N/A | |   | | +------------------------------------------------------------------+-----+ | 12. Date on which proxy holder will cease to hold voting rights: | N/A | |   | | +------------------------------------------------------------------+-----+ +-----------------------------+------------------------------------------------+ |13. Additional information: |Notification using the total voting rights | |  |figure of 448,415,171 | +-----------------------------+------------------------------------------------+ |14. Contact name: |Matthew Wilson | |  | | +-----------------------------+------------------------------------------------+ |15. Contact telephone number:|0113 235 7729 | |  | | +-----------------------------+------------------------------------------------+ 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 [HUG#1453622] This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Elementis PLC via Thomson Reuters ONE

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